Cloud Pricing Option is Tailor Made for Monitoring Modern
Applications Running on Dynamic Infrastructure
NEW YORK--(BUSINESS WIRE)--
FutureStack16 TOUR: Software analytics leader New
Relic, Inc. (NYSE:NEWR) announced today a new cloud pricing option
to help customers expand and standardize their monitoring coverage
across their applications running on cloud infrastructure. The new
pricing option is tailor-made for the pricing approaches of public cloud
leaders, creating a scaled range of prices for New Relic APM to match up
with different instance sizes offered by the public cloud providers.
Public cloud providers have seen tremendous growth, in part because they
allow companies to provision infrastructure resources on demand to
support the business. This means that cloud-based workloads tend to vary
significantly from applications running on physical servers inside a
company’s data center, both in terms of the size and lifespan of the
workload. Under New Relic’s new cloud pricing option, customers license
based on the types of instances they expect to use and how they plan to
use them.
“New Relic is the world’s leading cloud-based monitoring platform,
helping our customers move their workloads to public cloud platforms
like Amazon Web Services, Microsoft Azure and Google Cloud Platform,”
said Lew Cirne, founder and CEO, New Relic. “We are committed to
offering our customers a choice of pricing options as they continue to
expand and standardize on New Relic across their computing environments.”
“At Credit Sense we are building a cutting edge platform that redefines
the financial and lending sector. The new iteration of our platform was
built on Amazon Web Services infrastructure to support our highly
scalable micro-services architecture. Real-time visibility, instant
access to key metrics of the platform and the business were amongst the
top requirements. New Relic APM in combination with New Relic Insights
enabled us to gain a full real-time visibility, set benchmarks, and
measure ongoing performance of these micro-services in the cloud," said
Roman McBride, technical manager, Credit Sense. "New Relic's cloud
pricing option offers us flexibility to align our monitoring needs with
the power of Amazon Web Services elastic scalability. Thanks to New
Relic, we now have a single interface for all of our performance and
business monitoring needs. New Relic APM was the only cost effective
product that allowed us to scale our infrastructure elastically without
losing any visibility in the process.”
Additional Resources and Availability
Beginning today, New Relic's cloud pricing is available as an option for
New Relic APM Essentials and Pro subscriptions for customers who manage
their applications on cloud services. Customers with on-premise
environments can continue to purchase via New Relic’s existing
host-based pricing model.
About New Relic
New Relic is a software analytics company that delivers real-time
insights to more than 14,000 paid business accounts. As a multi-tenant
SaaS platform, the New Relic Software Analytics Cloud helps companies
securely monitor their production software in virtually any environment,
without having to build or maintain dedicated infrastructure. New Relic
helps companies improve application performance, create delightful
customer experiences, and realize business success. Learn more at
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 market trends and dynamics, particularly with
respect to the current and future pricing models and methods of public
cloud providers, as well as the benefits of the new cloud pricing option
to New Relic and its customers. 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-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.
New Relic is a registered trademark of New Relic, Inc.
All product and company names herein may be trademarks of their
registered owners.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160809005560/en/
Source: New Relic, Inc.