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SAN FRANCISCO, CA -- (Marketwired) -- 11/14/13 -- New Relic, Inc., the software analytics company, today announced another stellar quarter of revenue growth in Q3 of 2013 in addition to new pricing packages that will enable the company to reach a broader number of customers. The Q3 paying customer count more than doubled year-over-year and the year-over-year revenue growth reached 115 percent. Overall, New Relic is continuing on a growth trajectory that is impacting the marketplace with groundbreaking innovations and a vision for the future of software analytics.
The company's financial growth has remained strong for the last several years. According to research from IDC published in June, New Relic grew nearly four times faster than the overall pace of the 2012 systems management as a service marketplace, which only grew at a rate of 36 percent, in the report "Worldwide Systems Management Software as a Service 2013-2017 Forecast and 2012 Vendor Shares."
As a commitment to its expanding market opportunity, New Relic has added new pricing packages to reach an even more diverse set of customers. The company now offers packages to better serve startup and small businesses, as well as large, global enterprises requiring support for multiple and complex applications. The pricing tiers include all of New Relic's offered features, including advanced and deep-dive monitoring:
For a full list of pricing details, visit http://newrelic.com/pricing
Accomplishments in Q3:
Supporting Quote:
"It was only a few years ago that advanced application performance management was available to a small number of large companies with deep pockets. When we started New Relic, we set out to democratize APM, enabling any company of any size to have real-time insight into the health of their software. Our successes in Q3 show that we continue to deliver what customers are looking for. Our new pricing plan reinforces our commitment to the broadest range of customers. We strive to make sense of billions of metrics about millions of applications because we believe it's impossible to delight customers without visibility into their experiences." - Lew Cirne, founder and CEO, New Relic
Online Resources
Read more on our blog
To learn more about the new pricing, visit www.newrelic.com/pricing.
Source: IDC, Worldwide System Management Software as a Service 2013-2017 Forecast and 2012 Vendor Shares, Doc # 241420, June 2013
About New Relic
New Relic is a software analytics company that makes sense of billions of metrics about millions of applications in real time. Our comprehensive SaaS-based solution provides one powerful interface for web and native mobile applications and consolidates the performance monitoring data for any chosen technology in your environment. Our 70,000 customers use our cloud solution every day to optimize more than 200 billion metrics for 3 million applications. When your brand and customer experience depend on the performance of modern software, New Relic provides insight into your overall environment. Learn more at newrelic.com.
Social Media Links: Facebook | Twitter | YouTube | LinkedIn
New Relic is a registered trademark of New Relic, Inc.
All product and company names herein may be trademarks of their registered owners.
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