LogicMonitor named a Visionary in the dynamic
observability market
SANTA
BARBARA, Calif., Aug. 14,
2024 /PRNewswire/ -- LogicMonitor, the leading
SaaS-based Hybrid Observability platform powered by AI, today
announces its recognition on the Gartner Magic Quadrant for
Observability Platforms, named in the Visionary quadrant. As AI
revolutionizes every organization, observability is more critical
than ever, making credible data and trusted vendors essential.
LogicMonitor believes this recognition underscores its commitment
to innovation and its strategic vision to provide comprehensive
observability solutions, empowering IT teams to achieve
unparalleled visibility and insights into their IT
infrastructure.
Achievements and key strengths
LogicMonitor believes it has significantly enhanced its LM
Envision platform over the last year with new capabilities such as
Edwin AI, a purpose-built, native GenAI tool that acts as a
powerful ITOps teammate helping solve the most complex
observability issues, and LM Cost Optimization for balancing
performance with cloud costs. The company is confident that these
innovations coupled with its dedication to hybrid observability
reinforces a Visionary recognition focused on:
- Scalability and optimized performance: LogicMonitor's
platform delivers advanced monitoring capabilities that ensure
efficient data handling and robust performance through real-time
insights, automatic load balancing, and failover support. This
comprehensive approach ensures a 99.9% SLA for platform
availability.
- Comprehensive container monitoring: LogicMonitor
supports extensive monitoring for container environments, ensuring
seamless integration and operation without the need for code
changes, making it ideal for dynamic IT landscapes.
- Transparent pricing model: LogicMonitor offers a pricing
structure that is both competitive and clear, suitable for a range
of businesses from small enterprises to large MSPs, ensuring
predictable costs and scalability.
"It's been an incredible year of high growth in customer
bookings, adoption, and revenue. Now, we are thrilled to be
recognized as a Visionary in the Gartner Magic Quadrant for
Observability Platforms," said Christina
Kosmowski, CEO of LogicMonitor. "We believe this validates
LogicMonitor's goal of offering deep, actionable insights that
empower enterprises to drive efficiency, optimize performance, and
achieve their short- and long-term transformational goals."
LogicMonitor's customers echo this sentiment. "The value of
LogicMonitor for our business is immense: we're able to cut back on
costs by staying ahead of potential incidents and now, we're able
to allocate more time innovating for our customers," said
Bob Hogue, IT Architect, Coca-Cola
Consolidated.
To learn more about LogicMonitor's hybrid observability powered
by AI, visit https://www.logicmonitor.com/
For more information on LogicMonitor's recognition on the
Gartner Magic Quadrant for Observability, visit
https://www.logicmonitor.com/logicmonitor-named-a-visionary-in-the-gartner-magic-quadrant-for-observability-platforms-2024
Gartner® Magic Quadrant™ for
Observability Platforms, Gregg
Siegfried, Padraig Byrne,
Mrudula Bangera, Matt Crossley, 13 June
2024.
Disclaimer:
GARTNER is a registered trademark and service mark of Gartner,
Inc. and/or its affiliates in the U.S. and internationally, Magic
Quadrant is a registered trademark of Gartner, Inc. and/or its
affiliates and is used herein with permission. All rights
reserved.
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.
For more information, visit www.gartner.com.
About LogicMonitor
LogicMonitor® offers hybrid observability powered by AI. The
company's SaaS-based platform, LM Envision, enables observability
across on-prem and multi-cloud environments. We provide IT and
business teams operational visibility and predictability across
their technologies and applications to focus less on
troubleshooting and more on delivering extraordinary employee and
customer experiences. For more information, visit
www.logicmonitor.com and our blog, or follow us on LinkedIn,
X, Facebook, and YouTube.
View original
content:https://www.prnewswire.com/news-releases/logicmonitor-recognized-as-a-visionary-in-the-gartner-magic-quadrant-for-observability-platforms-2024-302222723.html
SOURCE LogicMonitor