New Relic named among the 250 best led
companies for its performance and value creation, market
penetration and customer engagement, talent and leadership team
New Relic, Inc. (NYSE: NEWR), the observability company,
announced that it has earned a spot on Inc.’s first annual Best Led
Companies list, an exciting 12-point measure of management
excellence across the middle market — a select, data-driven list of
the very strongest U.S. firms with revenue of $50 million to $2
billion. This novel program is the first Inc. recognition list to
honor both public and private companies. New Relic was identified
among the very best companies for its leadership teams’
accomplishments in four key areas: performance and value creation;
market penetration and customer engagement; talent; and leadership
team.
“The leadership team and I are honored by this recognition as an
Inc. Best Led Company, particularly during a transformational year
for not only the world, but for our business,” said New Relic
CEO Bill Staples. “Every New Relic employee brings exceptional
leadership to their work each day by living our values of being
bold, passionate, accountable, authentic and connected, and I
believe this has been instrumental to our success. I’m thrilled to
see New Relic recognized for the combined effort of so many
Relics.”
“This inaugural list of companies represents the remarkable
mid-sized companies, both public and private, often founder-led,
that are at the vanguard of reinventing American business,” said
Scott Omelianuk, editor-in-chief of Inc. magazine. “With
their leadership, all businesses will benefit from an exciting,
competitive future full of possibilities.”
In recent months, New Relic has made several significant
corporate announcements that underscore the company’s values and
its commitment to its customers and employees. In July, the company
announced the appointment of former Disney executive Anita Lynch to
Chief Data Officer, as well as executive promotions to its C-Suite;
Kristy Friedrichs to Chief Operating Officer, Manav Khurana to
Chief Growth Officer and Tracy Williams to Chief People and
Diversity Officer.
The new C-Suite played a key role in the development and
installation of New Relic’s Future of Work philosophy, including a
U.S. vaccination requirement and new Flex First policy, which
provides flexibility in where Relics work — whether that's in a New
Relic office, from home or in between. New Relic was also named a
leader in the 2021 Gartner Magic Quadrant for Application
Performance Monitoring for the ninth time, and in August, announced
strong First Quarter Fiscal Year 2022 results, its first earnings
report with CEO Bill Staples at the helm, following his promotion
to the role on July 1.
As a leader in observability, the company announced two product
innovations in October 2021, including the launch of New Relic
Instant Observability (I/O). New Relic I/O is the industry’s
largest open source ecosystem of quickstarts and partner
integrations to help engineers instrument, dashboard and alert
their entire stack. The company also announced its acquisition of
CodeStream, a leading developer collaboration platform, and the
subsequent launch of New Relic CodeStream, a first-of-its-kind
developer experience that brings observability and code
collaboration into the most widely used Integrated Development
Environments (IDE). As part of the launch of New Relic CodeStream,
New Relic joined forces with Microsoft to link New Relic CodeStream
with VS Code, Visual Studio, GitHub and Microsoft Teams, among
other popular developer tools.
To compile the list, Inc. evaluated private and public
U.S.-based companies with 2020 revenue of $50 million to $2
billion, or a valuation of $50 million to $10 billion, using a
proprietary 12-point measure of management excellence generated
with input from partners at Pitchbook and Shango Labs. The top 250
companies, which combined employ 35 million people, have a
successful track record with leadership teams that spur solid
performance, create value, penetrate markets, engage with
customers, and more. To see the complete list, visit
https://www.inc.com/best-led-companies/2021. The November issue of
Inc. magazine is available online now at
https://www.inc.com/magazine, and will be on newsstands beginning
November 9, 2021.
Additional Resources:
- New Relic Launches In-IDE Observability and Code Collaboration
Experience, Accelerating Mission to Deliver Observability to Every
Engineer - October 21, 2021
- New Relic Launches Industry's Largest Open Source Ecosystem of
Quickstarts and Partner Integrations to Help Every Engineer Embrace
Observability in Minutes - October 13, 2021
- The Future of Work and US Vaccine Policy at New Relic -
September 30, 2021
- New Relic Announces First Quarter Fiscal Year 2022 Results -
August 3, 2021
- New Relic Announces Appointment of Former Disney Executive
Anita Lynch as Chief Data Officer and Promotions to C-Suite
Leadership - July 14, 2021
- New Relic Named a Leader in the 2021 Gartner Magic Quadrant for
Application Performance Monitoring for the Ninth Time - April 14,
2021
About Inc.
The world’s most trusted business-media brand, Inc., offers
entrepreneurs the knowledge, tools, connections, and community they
need to build great companies. Its award-winning multiplatform
content reaches more than 50 million people each month across
various channels, including websites, newsletters, social media,
podcasts, and print. Its prestigious Inc. 5000 list, produced every
year since 1982, analyzes company data to recognize the
fastest-growing privately held businesses in the United States. The
global recognition that comes with inclusion in the 5000 allows the
founders of the best businesses to engage with an exclusive
community of their peers and the credibility that helps them drive
sales and recruit talent. The associated Inc. 5000 Conference is
part of a highly acclaimed portfolio of bespoke events produced by
Inc. For more information, visit www.inc.com.
About New Relic
As a leader in observability, New Relic empowers engineers with
a data-driven approach to planning, building, deploying and running
great software. New Relic One delivers the only unified data
platform that empowers engineers to get all telemetry—metrics,
events, logs and traces—paired with the most powerful full stack
analysis tools to help engineers get past the ‘what’ to uncover the
‘why.’ Delivered through the industry’s only consumption pricing
that’s intuitive and predictable, New Relic gives engineers more
value for the money by helping improve planning cycle times,
decrease change failure rates, accelerate release frequency and
reduce mean time to resolution. This helps the world’s leading
brands including AB InBev, Australia Post, Banco Inter, Chegg,
Gojek, REI, Signify Health, TopGolf, World Fuel Services (WFS) and
Zalora improve uptime and reliability, drive operational efficiency
and deliver exceptional customer experiences that fuel innovation
and growth. Uncover the ‘why’ with New Relic at
www.newrelic.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211102005894/en/
Media Contact Elena Keamy New Relic, Inc.
PR@newrelic.com
Investor Contact Peter Goldmacher New Relic, Inc.
503-336-9280 IR@newrelic.com
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