"We feel inclusion in Gartner’s coveted Magic Quadrant is a testament to OpTier’s world class development team," said Mark Thompson, CEO of OpTier.
New York, NY (PRWEB) January 06, 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.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2013 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
OpTier, headquartered in New York, is a pioneer in the Application Performance Monitoring (APM) space. OpTier offers a simple and cloud-based APM solution that empowers application owners, quality assurance (QA) professionals, DevOps teams, and IT operations managers to proactively detect and resolve application problems before they affect the business and customers. OpTier works with businesses such as Aflac, Deutsche Bank, HSBC, Morgan Stanley, O2 and Wells Fargo – to help convert application intelligence into tangible business value.