PHILADELPHIA CREAM, August 3, 2021 / PRNewswire / – Circonus, the Monitoring and Analytics Platform Built for the Modern Business, Today Announced Record Quarter-Ended Sales June 30th and substantial year-over-year growth in annual recurring revenue (ARR). The company said it sees significant momentum in 2021, as more organizations seek to consolidate monitoring solutions, unify observability metrics across the stack, and manage volume. considerably more telemetry data.
Highlights of the Company’s performance include:
- All-time record sales in the second quarter – eclipsing the previous record set in the second quarter of 2020
- 100% year-over-year growth in ARR
- Major gains with clients such as Redfin and Electronic Arts
- Strong renewal and expansion performance with 175% net revenue retention in the previous 12 months
- Large order book with consistent multi-year contracts
As digital transformation initiatives accelerate, Circonus is seeing increased demand across multiple industries, with customers such as Major League Baseball, HBO, Xandr and Joyent leveraging the platform to deliver exceptional service to their customers. customers and users. Many companies that turn to the Circonus platform are looking for more scale, more precision, faster resolution time, better data correlation, and the ability to dynamically calculate SLOs. They replace existing surveillance solutions and open source tools or consolidate multiple solutions with the goal of centralizing all surveillance within a single platform while reducing annual surveillance costs.
Circonus’ innovative and patented technology enables it to collect, store and analyze telemetry data at unprecedented volume and frequency – over 1,000 billion readings per second. Circonus gives organizations the ability to monitor their entire infrastructure, network, applications, cloud, and containers on a unified platform, giving them better visibility, faster troubleshooting, and the ability to correlate information between systems. and business units to make better and more accurate decisions. . From historical analysis and capacity planning, to linear histograms to measure latencies and SLOs, engineers have the advanced and modern features they need to improve the relevance and impact of monitoring on business success.
“Our customers and prospects come to us because they are looking to simplify their lives, reduce costs and complexity, and implement a monitoring solution that ‘works’ at scale,” said Bob Mold, CEO, Circonus. “The reality is that today’s complex IT environments have strained surveillance teams, and existing and disparate surveillance tools create data silos, offer no single source of truth, and crumble.” as data volumes increase. Circonus’ ability to collect highly granular telemetry data at an infinite scale, combined with its advanced analysis tools and reliability, make it the most powerful monitoring platform available and uniquely equipped for manage the evolving requirements of engineers responsible for providing the highest quality of service to end users and customers. “
Circonus is the monitoring and analytics platform designed for the modern business. Circonus provides crystal-clear, real-time visibility into the behavior, health, trends and performance of traditional infrastructure and cloud-based technologies in a powerful, unified platform. Led by experts in large-scale distributed systems and data science, Circonus is a pioneer in how large-scale telemetry data is leveraged across the enterprise to drive smarter operations, deploy faster, make better decisions and deliver critical services with confidence. To learn more or create a free account, visit www.circonus.com.
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