The New Relic Partner Stack provides New
Relic’s global partner ecosystem with comprehensive training and
accreditation programs, co-marketing, go-to-market, sales
resources, and more
New Relic (NYSE: NEWR), the observability company, today
announced the availability of New Relic Partner Stack, an enhanced
program expanding New Relic’s commitment to cloud providers,
channel partners, managed service providers, and technology
partners. The New Relic Partner Stack provides New Relic’s 1,000+
global partners with training and accreditation programs, marketing
campaigns, personnel support, and sales tools and resources, to
provide their own customers with industry-leading observability
directly from New Relic. The New Relic Partner Stack empowers
partners to expand sales and technical expertise, drive customer
momentum, and unlock new revenue streams.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220628005197/en/
Riya Shanmugam, New Relic's Group Vice
President of Global Alliances and Channels (Photo: Business
Wire)
While the observability market is growing rapidly and the
business value is evident, there's a large gap in practice:
according to New Relic's annual Observability Forecast, only 26% of
IT decision makers have a mature observability practice, with the
most commonly cited barriers to success being lack of resources
(38%) and skill gaps (29%). To solve this, New Relic is launching
the Partner Stack to provide its global partner ecosystem with the
products, pricing, and skills needed to make observability an
everyday practice. The launch of the New Relic Partner Stack comes
at a time of strong growth for the company with high demand for New
Relic products and services across the Americas, Europe, and Asia.
Partners can leverage New Relic's momentum and technology to create
net-new revenue streams for growing their topline by helping
realize their customers’ business value.
“New Relic’s vast partner ecosystem is leveraging observability
to accelerate customers’ most important business initiatives,
including cloud adoption, application modernization and digital
customer experience. The New Relic Partner Stack brings new
opportunities for our partners to put observability in the hands of
every engineer, every day, at every stage of the software
lifecycle,” said Riya Shanmugam, GVP, Global Alliances and
Channels at New Relic. “We are delighted to see partners
leaning in and advancing through program tiers for increased
commercial, marketing, and go-to-market benefits, opening up
additional revenue opportunities and investment from New
Relic.”
“Channel partners, cloud providers, and technology partners are
a key pillar of New Relic’s growth strategy,” added New Relic
CEO Bill Staples. “We’re committed to developing a rich global
partner ecosystem and have made significant investments in our
partner organization to drive our partners’ growth and fuel New
Relic’s global expansion and growth now and in the future.”
Partner benefits include eligibility for: co-marketing
opportunities; deal registration, margin and renewal discounts;
product trials; sales tools and training; technical support and
resources; technical and sales accreditations; observability
campaigns; and support from partner development managers and
partner engineers.
The New Relic Partner Stack includes:
- Expanded multi-cloud support: New Relic announced a
strategic partnership with Microsoft to help enterprises accelerate
cloud migration and multi-cloud initiatives, featuring enhanced
integrations with Microsoft Azure and deep Azure services support.
This partnership follows a strategic collaboration agreement with
Amazon Web Services (AWS) in 2020.
- Rapid adoption of New Relic Instant Observability: New
Relic expanded its Instant Observability ecosystem of product
integrations, tools, and pre-built observability resources by
nearly 20% in six months, with new contributions from Akamai,
Atlassian, BitBucket, CircleCI, Netlify, Postman, Redis, Wayscript,
and Zebrium. As part of New Relic’s commitment to make
observability an open, data-driven and daily engineering practice,
the catalog now offers more than 470 integrations with cloud
services, open source tools, and enterprise technologies,
contributed and maintained by the community.
- Launched Partner Advisory Board: New Relic launched its
inaugural ‘Voice of the Partner’ program at FutureStack 2022 to
influence, validate, and impact program direction, value, and
structure for mutual accelerated growth for partners and New
Relic.
- Expanded global partner team key executive hires: Riya
Shanmugam as GVP, Global Alliances & Channels; Akhil Kapoor as
VP, Cloud and Product Partnerships; Jesse Clem as VP, Alliances and
Channels, Americas; Nic Harvey as Senior Director, Partner Sales,
EMEA; Lily Wai as Senior Director, Alliances and Channels Strategy;
and Cindi Johnson as Senior Director, Global Partner
Marketing.
“Smart implementation and use of observability are critical to
all stages of the cloud software development lifecycle. As a global
strategic cloud services provider, we are delighted to be part of
the New Relic Partner Stack,” said Sean Barker, CEO at
cloudEQ. “The combination of New Relic's observability platform
and their partner ecosystem of cloud providers, technology
partners, and channel partners creates opportunity and value for
cloudEQ and our customers. New Relic's product focus allows us to
push innovation to drive end-to-end observability, shifting left
for our clients to provide identification of automation
opportunities, faster development, deployment and optimized
management of their software."
"MegazoneCloud has been a New Relic partner for three years. We
enjoy working with New Relic, and, more importantly, our customers
continue to be delighted with the New Relic observability platform,
its capabilities, and the impact it has on the reliability and
serviceability of their applications,” said Max Lee, CEO at
MegazoneCloud. “As a solution provider in our region, the part
of our business focused on New Relic continues to grow
significantly each year. We are excited to partner with them during
this next expansion of their New Relic partner program."
New Relic’s cloud, channel, and technology partners help
customers take a data-driven approach at every stage of the
software lifecycle. To partner with New Relic and to learn more
about our program, visit our New Relic Partner Stack page. For more
information about the New Relic observability platform, 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 powerful full stack analysis
tools to help engineers do their best work with data, not opinions.
Delivered through the industry’s first usage-based consumption
pricing that’s intuitive and predictable, New Relic gives engineers
more value for the money by helping improve planning cycle times,
change failure rates, release frequency, and mean time to
resolution. This helps the world’s leading brands including
American Red Cross, Australia Post, Banco Inter, Chegg, Gojek,
Signify Health, TopGolf, World Fuel Services (WFS), and Zalora
improve uptime, reliability, and operational efficiency to deliver
exceptional customer experiences that fuel innovation and growth.
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 New Relic’s initiatives and
programs, 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,
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220628005197/en/
Media Contact Francesca DeAnda PR@newrelic.com
Investor Contact Peter Goldmacher 503-336-9280
IR@newrelic.com
New Relic (NYSE:NEWR)
Historical Stock Chart
From May 2024 to Jun 2024
New Relic (NYSE:NEWR)
Historical Stock Chart
From Jun 2023 to Jun 2024