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15 Top Application Performance Monitoring Vendors: Gartner

The leading application performance monitoring companies who made Gartner’s new 2020 Magic Quadrant include Cisco’s AppDynamics, Broadcom, Microsoft and New Relic. Read to find out what other companies made the Magic Quadrant.

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Visionary: Splunk SignalFx

Estimated 2019 APM Revenues: $250 million to $500 million

Splunk recently entered the APM market through its $1 billion acquisition of SignalFx in October. The San Francisco-based company ranks No. 5 for vision on the Magic Quadrant and among the middle of the pack for execution. SignalFx is a SaaS-only APM and infrastructure monitoring solution focused on cloud-native environments. Splunk’s portfolio that includes SignalFx, ITSI, VictorOps and Splunk Enterprise bridges the gap between traditional and cloud-native IT and resonates with the many enterprises trying to balance the two, said Gartner. Splunk has made huge strides to boost annual recurring revenue and migrate its customers to a subscription model.

Strength: SignalFx offers strong support for buyers who are heavily invested in microservice and containerized environments.

Weakness: Gartner’s reference survey of end users rated SignalFx’s ability to provide business analysis among the lowest of all APM vendors.

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