Splunk (SignalFx) Named a Visionary in Gartner’s 2020 Magic Quadrant for Application Performance Monitoring
April 27 2020 - 8:00AM
Business Wire
Splunk (SignalFx) Recognized in Magic
Quadrant for APM for the First Time Following Acquisitions
Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything
Platform, today announced Splunk (SignalFx) has been named a
Visionary in Gartner’s 2020 Magic Quadrant for Application
Performance Monitoring (APM)*. Splunk’s first-ever placement in the
report is a result of Gartner’s evaluation of Splunk’s ability to
execute and completeness of vision among other vendors in APM. For
this report, Gartner evaluated APM capabilities from the Splunk
Data-to-Everything™ Platform, including Splunk® Enterprise
and Splunk® IT Service Intelligence as well as the new NoSample and
AI-driven distributed tracing technologies from SignalFx and
Omnition, acquired in 2019. For a complimentary copy of the Gartner
2020 Magic Quadrant for Application Performance Monitoring, visit
the Splunk website.
According to Gartner’s 2020 report, “Adoption of APM for
monitoring microservices in production went up, from 61% to 78% as
compared to the prior year. In addition, 49% of respondents
deployed their APM-monitored environments in the cloud. This was up
from 36% the prior year.” The SignalFx APM solution extends the
Data-to-Everything Platform offering and joins Splunk’s broad set
of IT operations solutions that help customers modernize monolithic
applications to cloud environments, while providing an
observability solution for modern cloud-native environments.
“Modern application environments and cloud-native technologies
are enabling development teams to innovate and achieve their
business goals faster, but teams that rely on traditional APM tools
are not equipped to keep pace with these innovations,” said Rick
Fitz, senior vice president and general manager, IT Markets,
Splunk. “Through the combination of Omnition, SignalFx and Splunk,
we have created an industry-leading APM solution that helps
development teams tackle any challenge in this new application
environment and deliver first-class customer experiences.”
While this is Splunk’s first positioning in the Magic Quadrant
for APM, Gartner has also recognized Splunk’s position in the IT
Operations Management (ITOM) market, which encompasses platforms
and tools for Performance Analysis, including APM, artificial
intelligence for operations (AIOps), IT infrastructure monitoring
(ITIM) and network performance monitoring and diagnostic (NPMD).
According to Gartner’s Market Share: Enterprise Infrastructure
Software, Worldwide, 2019**, Splunk is ranked No. 1 in Performance
Analysis Software with 9.78% market share worldwide.
Splunk’s product portfolio is designed to help customers bridge
the gap between traditional and cloud-native IT. Splunk recently
announced the latest release of SignalFx Microservices APM™, the
only APM solution that provides customers complete observability
into modern, cloud-native environments to build better customer
experiences and produce meaningful outcomes regardless of scale. To
learn more about Splunk’s APM and observability solutions, visit
the Splunk website.
*Gartner, 2020 Magic Quadrant for Application Performance
Monitoring, Charley Rich and Federico de Silva, 22 April 2020.
**Gartner, Market Share: Enterprise Infrastructure Software,
Worldwide, 2019, Vanitha Dsilva, Michael Warrilow, Laurie Wurster
et al, 13 April 2020.
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner’s research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Splunk Inc.
Splunk Inc. (NASDAQ: SPLK) turns data into doing with the
Data-to-Everything Platform. Splunk technology is designed to
investigate, monitor, analyze and act on data at any scale.
Splunk, Splunk>, Data-to-Everything, D2E and Turn Data Into
Doing are trademarks and registered trademarks of Splunk Inc. in
the United States and other countries. All other brand names,
product names, or trademarks belong to their respective owners. ©
2020 Splunk Inc. All rights reserved.
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Media Contact Jennifer Lopez Splunk Inc. press@splunk.com
Investor Contact Ken Tinsley Splunk Inc. ir@splunk.com
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