OpTier Reports Record Quarter, Achieves 400% Year-Over-Year Growth
July 9, 2013
OpTier, a pioneer in analytics-driven, SaaS-based Application Performance Monitoring (APM) and transaction-based Big Data Analytics, announced today financial results from its 2013 fiscal second quarter which saw the company net a year-over-year growth rate of more than 400%.
The company’s aggressive growth is attributed to increased customer demand for simple-to-use, fast-to-deploy application monitoring that transcends silos and provides end-to-end application visibility. Earlier this year the company launched OpTier SaaS, a cloud-based version of its award-winning APM solution, which has resulted in increased market awareness and amplified customer demand.
Mounting demand from several small and mid-sized businesses (SMB) has even convinced the company to offer its cloud-based application monitoring solution free of charge, with up to 3 agents or 15GB of storage, for businesses seeking to benefit from real-time application visibility and instantaneous troubleshooting capabilities.
OpTier’s transaction-centric approach to application monitoring has been a cornerstone of the company since its inception and a flagship differentiator for its cloud-based solution. OpTier SaaS utilizes end-to-end transaction tracing to deliver powerful capabilities that include two-click problem resolution, advanced end-user experience analytics, and proactive application optimization.
The solutions’ ease-of-use and instant time-to-value has helped drive high adoption rates. "The installation of OpTier SaaS was so easy," says David Stewart, Application Support Manager, Globus Family of Brands. "All I had to do was access the appropriate server & download the agent. OpTier SaaS auto-detected the transactions for me… I didn’t even need to involve an admin."
"The reception to OpTier SaaS has been overwhelmingly positive and has allowed us to accelerate growth and easily surpass revenue projections for the quarter," said Andrew Wild, president of OpTier. "Our customers are raving about the solutions’ ability to proactively monitor production applications and convert real-time application visibility into tangible business value."
To learn more about OpTier SaaS and register for a free trial, visit https://start.optier.com/web/register.