30 Smartest Companies to watch 2018
We are in the age of connected consumer where the rise of mobile devices, IoT and the move towards Cloud are changing how the world works. To facilitate this change, companies and brands around the world have to deal with millions of lines of codes across multi-cloud ecosystems to understand application performance, user experience, and business outcomes. AppDynamics with its cutting-edge App Intelligence Platform helps these companies build and run the applications that they need to survive and thrive in todayâ€™s world.
Founded in 2008, AppDynamics has grown exponentially from its initial years to now a technology company that helps power applications of the worldâ€™s largest enterprises. Cisco saw the potential in the company and decided to acquire it early in 2017.
How it works
Enterprises all over the world use applications that serve millions of customers every day. And it is crucial to monitor app performance and its efficiency in a business environment. AppDynamics with their platform is able to correlate end-user experience and application performance to business outcomes. AppDynamics platform does this at a massive scale and across a multi-cloud distributed environment.
The AppDynamics platform with its real-time and predictive intelligence is capable of handling a multi-cloud environment. The platform delivers an application performance solution that uses AI to solve application related problems in real-time and helps prevent them from happening in future. Their technology quite simply gives their customers the visibility and intelligence needed to drive application and business performance.
Working with Nasdaq
â€œNasdaqâ€ is a word synonymous to economic activity around the world. They are widely known for powering the Nasdaq market in the U.S., but globally they power around 90 markets with their technology worldwide. But there is a lot more to Nasdaq than the nightly business reports that give many a perspective of the market daily.
Nasdaq also handles a huge portfolio of applications that are used by companies. Their technology is found in thousands of corporate servers all over the world that are on-premise or on the cloud. The sheer scale of software and applications that are created over time create a diverse and complex ecosystem of technologies. In such a scenario, understanding the application environment is a challenge. Further, narrowing down the specific issues that affect the performance and availability is also a difficult task.
Before collaborating with AppDynamics, Nasdaq used various monitoring, alerting and log aggregation tools to monitor and manage its applications. But such an ecosystem was inefficient, especially when it came to deducing where the problem originated from. So, Nasdaq made the decision to explore for an Application Performance Management (APM) Solution. AppDynamics felt like the best fit for this. Nasdaqâ€™s Chief of Operations Analytics, Eric Poon says: â€œIt worked as it was advertised and it worked very easily.â€
AppDynamics platform has given Nasdaq high visibility across its complex and extended application environment, both on-premises and on the cloud. Through the collaboration, Nasdaq has been able to track application health for diagnosing issues and trace transactions through the AppDynamicsâ€™ technology. â€œTeams have been freed from the onerous task of scouring logs to pinpoint issues, and time to resolution has been dramatically slashed â€” from hours or days, down to minutes.â€
With Cisco on board, AppDynamics has a huge opportunity to scale and grow. It is now moving onwards from concentrating solely on application performance management to business performance monitoring. AppDynamics is once again redefining the APM market with Ciscoâ€™s backing. This year AppDynamics was named in Gartnerâ€™s 2018 Magic Quadrant for Application Performance Monitoring Suites once again. This was its sixth year in a row.
David Wadhwani, CEO of AppDynamics
Prior to AppDynamics, Mr. Wadhwani was at Adobe. He joined Adobe in 2005 through its acquisition of Macromedia Inc., where he was the Vice President responsible for developing products. At Adobe, he served as Senior Vice President and General Manager of the digital media business unit. Here he oversaw the whole range of Adobeâ€™s creative products and was responsible for its business and product transformation to the cloud. Under Mr. Wadwaniâ€™s direction, the company was able to build a successful multi-billion dollar subscription business for individuals and enterprises.
He co-founded iHarvest prior to his tenure at Macromedia. At iHarvest, he served as the Vice President of Engineering and as a director. And prior to iHarvest he was at Oracle where worked for business intelligence products.
Mr. Wadwani is a member of the San Francisco Arts Museumsâ€™ Board of Trustees. He is also on Brown University's Computer Science Board of Advisors and is a member of StoryCorps Inc.â€™s Board of Directors. He holds a B.S. in Computer Science from Brown University.
â€œAppDynamics empowers the enterprise with a solution for real-time application and business performanceâ€
â€œTogether with Cisco, weâ€™re helping companies make mission-critical and strategic decisions that improve customer experience and accelerate business in a multi-cloud world.â€