New Relic Launches Data Plus Offering to help All Engineering Teams Accelerate Observability Maturity
April 14 2022 - 2:39PM
Business Wire
New Relic Data Plus combines at-scale
performance and governance capabilities in one simple, predictable,
and affordable price per gigabyte which is 56% more cost effective
than paying for each capability individually
New Relic (NYSE: NEWR), the observability company, announced a
new Data Plus offering to give engineering teams of all sizes
access to industry-leading performance, scale, and governance
capabilities as their observability practices mature. The New Relic
Data Plus offering makes capabilities previously only deployed
within large scale enterprise environments accessible to every
engineering team to help scale their observability practices. These
additional capabilities include extended data retention, high
performance querying, FedRAMP and HIPAA compliance, enhanced data
exports, and more. Starting June 1, 2022, customers can access Data
Plus at a simple, predictable, and affordable list price of $0.50
per gigabyte (GB) of data which is 56% more cost effective than
paying for each capability individually.
As shown in the New Relic 2021 Observability Forecast, 91% of IT
decision makers have adopted observability across their engineering
teams. With widespread adoption, engineering teams increasingly
need longer data retention for historical analysis, higher
performance queries across larger volumes of data, advanced
security controls, and the ability to export data into business
intelligence solutions. These capabilities are prohibitively
expensive and complex to access with open-source or SaaS
alternative solutions as each capability requires individual
contracting and billing. New Relic Data Plus offers simple and
affordable per-GB pricing by combining our industry-leading
telemetry data platform capabilities with powerful security, scale,
and performance engineers can trust.
“Our mission is to help every engineer do their best work based
on data, not opinions. As more teams integrate observability into
their daily practices, we have received widespread feedback from
engineering and operations leaders that they need enterprise scale
performance and governance to scale observability across their
organizations,” said Bill Staples, CEO, New Relic. “With New
Relic Data Plus, we are combining the most advanced capabilities,
previously only available to our largest enterprise customers, to
teams of all sizes at one simple, predictable, and affordable price
per gigabyte.”
New Relic Data Plus includes:
- 90 days extended retention over current defaults:
Instead of paying individual premiums for data indexing and
retention of each data source, customers will be able to choose
which data they want stored longer in New Relic without increasing
their monthly costs.
- 3x the max query limit and 10x the max duration per
query: Engineers can analyze large data volumes faster, with
the ability to inspect up to one trillion data points per 30
minutes and 150 billion data points per minute, compared to 300
billion data points per 30 minutes and 50 billion data points per
minute in the current data offering. In addition, New Relic Data
Plus customers benefit from an increased max query duration of up
to 10 minutes, versus 60 seconds in the existing data plan.
- FedRAMP and HIPAA compliance: New Relic Data Plus
provides options for customers in highly regulated sectors to
enable security configurations required for FedRAMP and HIPAA
compliance.
- Logs obfuscation: Engineers can track logs obfuscation
rules directly in the log management UI and create anonymous
identifiers for sensitive log data such as personally identifiable
information (PII), access tokens, and other private or regulated
data.
- Enhanced streaming and historical data export (coming
soon): Ability to export New Relic data to external
destinations for historical analysis and modeling, long-term
storage, and integration with other data analytics platforms.
Beginning June 1, 2022, New Relic Data Plus will be generally
available as part of the New Relic Telemetry Data platform—the only
all-in-one observability platform with powerful full-stack analysis
tools and consumption based pricing. New Relic customers will be
able to choose between the existing data plan (listed at $0.30/GB,
starting June 1, 2022) and the new Data Plus offering (listed at
$0.50/GB) to best fit their observability data and business needs.
To learn more about Data Plus and our updated list price for the
existing data plan, check out our blog post or visit
www.newrelic.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 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 first 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, Banco Internacional, Chegg, Gojek, 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.
Forward-looking statements
This press release contains “forward-looking” statements, as
that term is defined under the federal securities laws, including
but not limited to statements regarding the availability and access
to New Relic’s observability platform, including any anticipated
benefits, results and future opportunities related thereto. 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-K
and 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220414005834/en/
Kerry Baker New Relic, Inc. PR@newrelic.com
Peter Goldmacher New Relic, Inc. 503-336-9280
IR@newrelic.com
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