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LAS VEGAS, NV -- (Marketwired) -- 11/03/14 -- APPSPHERE -- AppDynamics, the application intelligence leader for software-defined businesses, today announced accelerated momentum across every aspect of its business. In Q3 FY15, ending October 31, trailing 12-month revenue grew more than 200 percent; trailing 12-month bookings grew more than 115 percent, and the company's annualized bookings run-rate, based on fiscal Q3 results, surpassed $160 million. Additionally, during the quarter the company concluded a record number of nine deals greater than one million dollars. By every metric the quarter's results underscore the continued and rapid rise in demand for application intelligence, and continued emergence of AppDynamics as the leader in the category.
The AppDynamics Application Intelligence Platform leverages modern, next-generation application performance management (APM) technology to allow enterprise companies to see, act upon, and know everything going on within their in-production web and mobile applications, 24/7. The company enjoyed broad validation and acceptance within leading enterprises in nearly every industry and across geographies, while average deal size also increased significantly. A sampling of new deals in Q3 include AG Insurance, AutoTrader.com, Carnival, Carphone Warehouse, Comcast, DIRECTV, DSW, Electronic Arts, Ellie Mae, Hermes, Home Box Office, ING Direct, Intuit, JetBlue, Kaiser, La Poste, Microsoft, NASDAQ, Paychex, PayPal, Pfizer, Royal Bank of Canada, Shop Direct Group, Staples, The Container Store, The Kroger Company, The Weather Channel, Time Warner Cable, Transamerica Corp., USPS, and Weight Watchers International.
And adding to the momentum and providing strong external validation of the company's leadership position, just last week Gartner recognized Appdynamics, for the third year in a row, as a "Leader" in its very prestigious annual Magic Quadrant for APM, and this year positioned the company furthest to the right on the "Vision" axis.
In addition to the recognition by Gartner for the company's vision and ability to execute, in September Gigaom Research awarded AppDynamics the highest ranking among APM vendors in its report, "Sector Roadmap: application-management solutions for distributed and cloud environments." Each vendor tested for this report was ranked on cloud-readiness, breadth of language support, application topology mapping, transaction tracing, mobile and end-user experience monitoring, ease of deployment, and operations. Finally, in Q3 the company surpassed 500 employees, secured additional office space in San Francisco and Plano, TX, and opened a new office in India.
Tweet This: AppDynamics delivers spectacular fiscal Q3 results, @AppDynamics annualized bookings run-rate in Q3 surpasses $160 million.
"The marketplace continues to validate the absolute need for a platform like AppDynamics, which is defining what the next generation of application performance management and analytics looks like for software-defined businesses," said Jyoti Bansal, founder and CEO. "The more that enterprise business models depend on software, the more critical it is for them to have insight into every corner of their complex, usually widely distributed application ecosystems, including those parts that reach into the cloud and certainly encompassing their mobile users. AppDynamics delivers this insight and visibility in real time, filling a critical need, especially for large enterprises. That's why we continue to enjoy triple-digit growth."
Q3 Highlights:
Industry Conference - AppSphere '14
For regular news and information about AppDynamics and the APM market, like and follow the company on:
Twitter: @AppDynamics
Facebook: http://on.fb.me/1fuD8NO
LinkedIn: www.linkedin.com/company/appdynamics
A free trial of AppDynamics is available at www.appdynamics.com/freetrial
About AppDynamics
The AppDynamics Application Intelligence Platform helps today's software-defined businesses proactively monitor, manage and optimize the most complex software environments -- from desktop to mobile -- all in real time, and all in production. With cloud, on-premise, and hybrid deployment flexibility, AppDynamics works and partners with many of the world's most innovative companies. Customers include Citrix, Edmunds, Expedia, Fox News, HBO, John Deere, OpenTable, Salesforce.com, Sephora, StubHub, and Union Pacific Railroad. AppDynamics' premier event for today's software-defined business, AppSphere 2014, takes place November 3-5 in Las Vegas. For more information, visit www.appdynamics.com.
AppDynamics is a registered trademark of AppDynamics, Inc. © 2008-2014 AppDynamics, Inc. All rights reserved. All other product and company names herein may be trademarks of their registered owners.
All financial numbers referenced herein are unaudited.
MEDIA CONTACTS
Dan Berkowitz
AppDynamics
dberkowitz@appdynamics.com
Mobile: 415.518.7870
Laura Franzese
Trainer Communications
appdynamics@trainercomm.com
Office: 415.800.5368
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