Cloud Stocks: Dynatrace Competing With Rivals By Simplifying DevOps

Within security services, Dynatrace announced new enhancements as well. Security-focused upgrades include extending Dynatrace’s AI-powered risk assessment for applications running on Node.js. Additionally, Dynatrace is extending automatic software vulnerability detection in Kubernetes environments from workloads to the platform itself.

Dynatrace offers its partners access to its developer program. The Dynatrace Developer Program is focused on providing developers with the resources required to support, build, test, and deploy innovative software intelligence solutions using the Dynatrace platform. Developers can create custom monitoring solutions using Dynatrace integration interfaces including the Dynatrace API, OneAgent SDK, OneAgent/ActiveGate Plugins, and OpenKit. Dynatrace does not share detailed metrics on the developers accessing its platform.

Dynatrace’s product has received positive reviews in the industry. Last year, it was ranked among the leader in Gartner’s Magic Quadrant for APM solutions for the tenth time in a row. Gartner recognizes Dynatrace’s combination of platform with AI-assistance and automation that helps reduce wasted effort and time and drives speed and quality of innovation. Dynatrace has stiff competition in the field from big giants like Cisco, which competes with it through its App Dynamics offering, and players like New Relic, Splunk, and Datadog that are also operating in the same crowded marketplace.

Its stock is trading at $47.33 with a market capitalization of $13.2 billion. It hit a 52-week high of $56.94 last month and a 52-week low of $19.95 in March last year. Dynatrace had listed in August 2019 at $16 apiece at a valuation of $4.5 billion. Prior to the listing, Dynatrace had raised $21.9 million in funding from investors including Bain Capital Ventures and Bay Partners.

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Disclosure: All investors should make their own assessments based on their own research, informed interpretations and risk appetite. This article expresses my own opinions based on my own ...

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