Elastic Named a Visionary in the 2021 Gartner Magic Quadrant for Application Performance Monitoring
14 April 2021 - 6:04PM
Business Wire
Elastic is Recognized for the First Time in
Gartner’s 2021 Evaluation of APM Vendors
Elastic (NYSE: ESTC) (“Elastic”), the company behind
Elasticsearch and the Elastic Stack, today announced it has been
recognized for the first time as a Visionary in the 2021 Gartner
Magic Quadrant for Application Performance Monitoring1. Download
the complimentary report here.
Gartner reports that “APM tools have become powerful analytics
platforms that ingest, analyze and build context from traces,
metrics and logs. Infrastructure and operations leaders choosing
APM software must weigh these functions against core APM
capabilities and the automation being provided by new and existing
vendors.1”
Elastic Observability provides an application performance
monitoring (APM) solution built on the Elastic Stack. It affords
organizations unbounded flexibility in architecting the perfect
observability solution for their needs at any scale. Kroger, Audi,
Etsy, Citigroup, and thousands of other organizations — from small
startups to Fortune 50 enterprises — use Elastic as their
centralized log monitoring platform.
Elastic believes that its observability solution provides
customers a proven, free and open alternative to legacy APM
products with the following differentiating features:
- Built on an open, flexible, and extensible platform, Elastic
Observability provides customers with a flexible monitoring
solution that can deliver on their unique, evolving needs without
being blocked by the vendor’s roadmap.
- Flexible deployment models help organizations bring visibility
to their hybrid and multi-cloud environments while keeping their
workloads closer to their monitoring solution.
- Unified resource-based pricing disrupts traditional complex
pricing models to allow greater cost control and predictability,
without sacrificing visibility goals.
- A powerful, free and open distribution tier allows users to
quickly adopt, validate, and scale without risk.
Elastic’s reviews on Gartner Peer Insights indicate that Elastic
APM customers rate the company’s products highly, with an overall
rating of 4.7 out of 5 in the APM market based on 43 reviews, as of
April 13, 2021.
For more information, read the 2021 Gartner Magic Quadrant for
Application Performance Monitoring and the blog “Elastic named a
Visionary in the 2021 Gartner Magic Quadrant for Application
Performance Monitoring.”
Supporting Quotes:
- “Elastic has built a unified observability solution that brings
together infrastructure monitoring, application performance
monitoring, and user experience monitoring on a single, free and
open platform,” said Tanya Bragin, Vice President, Product
Management for Observability, Elastic. “We believe our
Visionary placement validates our differentiated approach to
delivering a modern observability solution with unmatched
deployment flexibility and simple, unified pricing.”
- “Moving to Elastic Cloud on Kubernetes running on Microsoft
Azure enables us to seek new use cases for the business, including
application performance monitoring (APM), security information and
event management (SIEM), and machine learning for anomaly
detection,” said Brian Keegan, Project Lead, Zurich
Insurance.
[1] Gartner, “Magic Quadrant for Application Performance
Monitoring” Federico De Silva, Padraig Byrne, Josh Chessman, April
2021
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
Gartner Peer Insights reviews constitute the subjective opinions
of individual end users based on their own experiences and do not
represent the views of Gartner or its affiliates.
About Elastic:
Elastic is a search company built on a free and open heritage.
Anyone can use Elastic products and solutions to get started
quickly and frictionlessly. Elastic offers three solutions for
enterprise search, observability, and security, built on one
technology stack that can be deployed anywhere. From finding
documents to monitoring infrastructure to hunting for threats,
Elastic makes data usable in real time and at scale. Thousands of
organizations worldwide, including Cisco, eBay, Goldman Sachs,
Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia,
and Verizon, use Elastic to power mission-critical systems. Founded
in 2012, Elastic is a distributed company with Elasticians around
the globe and is publicly traded on the NYSE under the symbol ESTC.
Learn more at elastic.co.
Elastic and associated marks are trademarks or registered
trademarks of Elastic N.V. and its subsidiaries. All other company
and product names may be trademarks of their respective owners.
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Chloe Guillemot Elastic Public Relations PR-Team@elastic.co
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