AppDynamics

Last updated
AppDynamics, Inc.
Company type Private company
Industry (APM) Application Performance Management System Monitoring
Founded2008;16 years ago (2008)
Headquarters,
United States
Key people
  • Jyoti Bansal, Founder, Executive Chairman, and Chief Strategist
  • Linda Tong, General Manager
Products
RevenueUS$ 143.8 million (2015) [1]
Parent Cisco
Website www.appdynamics.com

AppDynamics is a full-stack application performance management (APM) and IT operations analytics (ITOA) company based in San Francisco. The company focuses on managing the performance and availability of applications across cloud computing environments, IT infrastructure, network architecture, digital user experience design, application security threat detection, observability, and data centers. [2] In March 2017, AppDynamics was acquired by Cisco for $3.7 billion. [3] The software intelligence platform is used in enterprise and public sector SaaS applications such as the financial service sector, [4] healthcare, [5] telecom, [6] manufacturing, [7] and government for full-stack observability and IT infrastructure monitoring. [8]

Contents

History and founding

AppDynamics was founded in 2008 by Jyoti Bansal, a former lead software architect at Wily Technologies, a provider of application performance management technology. [9] AppDynamics received five rounds of funding totaling $206.5 Million. [10]

In 2016, AppDynamics was ranked #9 on the Forbes Cloud 100 list. [11] [12]

In January 2017, Cisco announced their intention to acquire AppDynamics for $3.7 billion, just days before a planned IPO of the company. The move was seen as a continuation of Cisco's strategy of growing its software oriented business.

In March 2017, Cisco completed the acquisition of AppDynamics. AppDynamics is currently headed by Linda Tong as an independent business unit within Cisco's IoT and Applications business. [13]

Industry Recognition

AppDynamics has been a leader in the APM market for more than eight years, and was ranked first in Gartner's 2020 Magic Quadrant Report for APM in the category of "ability to execute." As part of Cisco, it got and Fortune's top 5 Best Places to Work in 2020.

Controversies

On April 10, 2013, CA Technologies (formerly Computer Associates) filed a lawsuit in the US District Court for the Eastern District in New York. The lawsuit claims that AppDynamics violated three patents that came into CA Technologies' possession through acquisitions. [14] This was the second action CA Technologies filed in connection with alleged infringement of patents obtained in the acquisition of Wily Technology. In November 2012, CA Technologies filed a lawsuit asserting patent infringement of the same three APM patents against software company, New Relic. On April 20, 2015, AppDynamics and CA settled the two-year-old patent dispute. AppDynamics said that it paid a "modest fixed payment." [15]

Partnership with IBM

AppDynamics and IBM have a collaboration using Z APM Connect with AppDynamics’ Map iQ and Diagnostic iQ, to provide mainframe transaction visibility. [16]

Notes

  1. "Gartner Market Share Analysis: Performance Monitoring, Worldwide, 2015".
  2. MacVittie, Lori. (March 31, 2010) "AppDynamics Puts the Management in Application Performance Management." Two Different Socks Retrieved September 7, 2011.
  3. "Acquisitions".=
  4. "financial service sector". October 2020.=
  5. "healthcare". 8 May 2024.=
  6. "telecom". 26 March 2021.=
  7. "manufacturing".=
  8. "public sector" (Press release). 15 June 2020.=
  9. Demery, Paul. (February 26, 2010). "Priceline Finds a Way to Monitor its Wide World of Applications." InternetRetailer. Retrieved September 7, 2011.
  10. Harzog, Bernd. (May 4, 2010). "AppDynamics Raises an $11 Million Series B Round – Confirms APM 2.0 Opportunity." The Virtualization Practice. Retrieved September 8, 2011. Archived 5 February 2013 at archive.today
  11. "Forbes Cloud 100". Forbes . Retrieved 29 October 2016.
  12. "Forbes Releases Inaugural Cloud 100 List". Forbes . Retrieved 30 July 2017.
  13. "Cisco Announces Intent to Acquire AppDynamics". Cisco . Retrieved 24 January 2016.
  14. Smythe, Christie (11 April 2013). "CA Technologies Sues AppDynamics Over IT Patents". Bloomberg News .
  15. Dulaney, Chelsey (20 April 2015). "AppDynamics, CA Inc. Settle Two-Year-Old Patent Dispute". Wall Street Journal. Retrieved 26 January 2017.
  16. "IBM Z Application Performance Management Connect - Overview". IBM. 2020-06-24. Retrieved 2020-09-22.

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