Digital intelligence leader New Relic, Inc. (NYSE: NEWR) announced customers across the world are expanding and standardizing on New Relic APM for monitoring of their hybrid and cloud-based applications. Introduced in August 2016, New Relic's cloud pricing offers customers including Barclays Africa, Lotto New Zealand, and OQVestir a simple, flexible, and transparent pricing option to monitor their applications in a way that matches their dynamic environment. As companies transform digitally to improve all aspects of their customer experience, the applications and IT infrastructure they run on have become more dynamic. From microservices to the cloud, it's never been more important to have end-to-end visibility into the overall health and performance of all your applications. New Relic's cloud pricing matches with the different instance sizes offered by the leading public cloud providers, enabling a customer to standardize on New Relic APM across their computing environment. "Digital is the front door for every business, and dynamic technologies like the public cloud, microservices, and containers enable these businesses to reimagine their customer experience and respond to customer demand quickly," said Hilarie Koplow-McAdams, president, New Relic. "New Relic is the right partner for companies to understand their digital business with a flexible and scalable pricing model to help ensure you have end-to-end visibility of your entire application portfolio." Global Demand for New Relic Monitoring of the Cloud "Absa is in the process of migrating to dynamic cloud solutions and DevOps practices. We needed an APM solution that could provide complete visibility for our existing on-premise applications, provide baseline performance data prior to migration to AWS, and ensure the customer experience isn't impacted after the migration. New Relic's technical capabilities and flexible pricing perfectly matched Absa's current hybrid architecture requirements and longer term cloud strategy," said Andrew Baker, CIO of Corporate, Investment Banking and Payments at Barclays Africa, a South African financial services provider. "Lotto New Zealand sought an APM solution that would provide visibility into our web and mobile applications prior to migrating to a microservices architecture within a tight deadline. After a competitive evaluation of APM vendors, we were sold on New Relic's value proposition, including how quickly we could get New Relic APM up and running, and their ability to easily scale as our architecture scales. In particular, New Relic's flexible cloud pricing enables Lotto New Zealand to monitor the entirety of our new microservices architecture, and will allow for future expansion with New Relic APM and other products," said Brett Cross, general manager of technology at Lotto New Zealand, which operates nationwide lotteries contributing to recreation, arts, community projects and sports across New Zealand. "At Luxe we believe in keeping our engineering team as lean and productive as possible. We value ownership and engineers are responsible for deploying and monitoring the execution of their own code in production. As a dynamic and fast-evolving company, we are constantly building new services to improve the product experience and support our growth. Having complete visibility and understanding into our systems is paramount to our progress and success. New Relic's flexible cloud-based pricing was a critical component in the decision to expand and standardize our monitoring coverage across all our infrastructure, which had a positive impact to developer efficiency and increased awareness about our systems' health," said Rodrigo Schmidt, head of engineering at Luxe, a sophisticated technology platform for on demand parking and valet services, headquartered in San Francisco, California. "For a start-up, New Relic's flexible cloud pricing is an attractive option for our business needs. New Relic's products provide important functionality we couldn't find in other monitoring solutions, while offering a fast setup and user-friendly solution that has enabled our DevOps and front-end teams to quickly find and solve problems with our platform," said Rodrigo Dieguez, head of information technology at OQVestir, the largest online retailer for premium apparel in Brazil. Additional Resources For additional information on New Relic APM's cloud pricing and calculate an estimate for your monitoring needs, visit: newrelic.com/calculator Additionally, New Relic Infrastructure will be generally available on November 16, 2016 under the cloud pricing model. Additional details are available here: newrelic.com/infrastructure About New Relic New Relic is a leading digital intelligence company, delivering full-stack visibility and analytics to more than 14,000 paid business accounts. The New Relic Digital Intelligence Platform provides actionable insights to drive digital business results. Companies of all sizes trust New Relic to monitor application and infrastructure performance so they can quickly resolve issues, and improve digital customer experiences. Learn more at newrelic.com.
Forward-Looking StatementsThis press release contains "forward-looking" statements, as that term is defined under the federal securities laws, including but not limited to statements regarding market trends and dynamics, the benefits of New Relic's products and cloud pricing option to its customers, and the general availability and pricing options associated with New Relic Infrastructure. The achievement or success of the matters covered by such forward-looking statements are based on New Relic's current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic's actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic's financial and other results and the forward-looking statements in this press release is included in the filings New Relic makes with the SEC from time to time, including in New Relic's most recent Form 10-Q, particularly under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Copies of these documents may be obtained by visiting New Relic's Investor Relations website at http://ir.newrelic.com or the SEC's website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law. 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.