NEW YORK, NY (USA) — Jan. 6, 2014 — OpTier, a leader in analytics-driven, SaaS-based Application Performance Management (APM), today announced it was recognized as a “Visionary” in Gartner’s annual “Magic Quadrant for Application Performance Monitoring” report. A complimentary version of the report can be accessed by visiting go.optier.com/MagicQuadrant.html.
This recognition marks the second time in three years that OpTier was featured in the highly anticipated APM Magic Quadrant. “We feel inclusion in Gartner’s coveted Magic Quadrant is a testament to OpTier’s world class development team and the selfless commitment of our entire team, said Mark Thompson, CEO of OpTier.
As noted in the report, the APM space continues to gain momentum as applications become the centerpiece of organizational growth strategies. “By year-end 2013, the global spend for APM software licenses and first-year service contracts will grow to approximately $2.12 billion, which represents a 5.4% growth over the $2.01 billion spent in 2012,” as written by the report’s co-authors Jonah Kowall and Will Cappelli.
OpTier’s transaction-based approach to application monitoring has been a cornerstone of the company since its inception. Powered by patented technology, OpTier uses end-to-end transaction tracing to help companies monitor and manage the performance of production applications they rely on to run their businesses.
“Applications continue to play an instrumental role in the growth of today’s global businesses, and the importance of seamless application delivery cannot be understated,” said Thompson. “We believe Gartner’s evaluation of OpTier validates our unique approach to application monitoring and further legitimizes our transaction-centric methodology.”
As a pioneer of the APM space, OpTier has continued to set the industry pace in assuring the applications, services, and transactions that power today’s businesses. In the last year alone, OpTier has expanded its product portfolio with a Big Data Analytics solution, secured a new injection of capital, and added notable partners and customers in North America, Europe and Asia Pacific.
To access the Magic Quadrant, please visit go.optier.com/MagicQuadrant.html.