Compuware Leads a New Class of APM Solution Providers, Fueled by dynaTrace 93% CAGR Over Last Two Years and Continues to Reshape the APM Landscape
DETROIT, July 2, 2014 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR), the technology performance company delivering a new generation of application performance management (APM), today announced that Gartner, Inc., has named Compuware the worldwide APM market share leader for the second year in a row. The rankings are based on worldwide revenue for 2013.
Tweet this: Leader in #AppPerf for another year! @Gartner names @CompuwareAPM the APM market share leader http://cpwr.it/yETAJ
Compuware has held the No. 1 ranking for the past two years, possessing 12.1% market share based on revenue in 2013, nearly $100 million more than its nearest competitor, according to the Gartner report "Market Share Analysis: Application Performance Monitoring, 2013."
As the world's top APM market share leader, Compuware's APM business continues to grow, with its dynaTrace solution leading the way with a 93% compound annual growth rate (CAGR) over the last two years.
According to Gartner, the overall APM market in 2013 accelerated its growth trend, with a 13.1% increase in revenue over 2012, reaching $2.4 billion, which follows an already strong 2012, when the market grew 10.9%. For another perspective on the health of this market, it grew more than three times faster than the overall infrastructure software market (4.1%), and it was the fastest-growing submarket within IT operations management (ITOM), despite being a relatively large market.i
"We believe this ranking is first and foremost a reflection of the growing need for application performance and our products exceling at meeting that need," said John Van Siclen, General Manager of Compuware's APM business unit. "Mobile, cloud and DevOps have been revenue growth drivers for us and as we continue to innovate in these areas, our APM products are poised for accelerated success and stand to gain even greater market share."
Compuware APM is the leader in a new generation of application performance management. Unlike traditional APM solutions that are heavy, difficult and reactive, Compuware APM is light, smart and proactive. Compuware APM is built to manage the complexity of today's most challenging modern applications including mobile, cloud, big data and SOA. Compuware APM optimizes and monitors tens of thousands of applications for more than 5,000 customers, large and small, around the globe. Through the lens of end-user experience, our customers enjoy faster performance, proactive problem resolution, accelerated time-to-market and reduced application management costs through smarter analytics, advanced APM automation and a unique performance lifecycle foundation.
To read more about Compuware's leadership in the APM market, click here.
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Compuware is the technology performance company, and we exist solely to help our customers optimize the performance of their most important and innovative technologies—those that drive their businesses forward. Today, more than 7,100 companies, including many of the world's largest organizations, depend on Compuware and our new generation approach to performance management to do just that. Learn more at: http://www.compuware.com.
i Gartner, Inc.: "Market Share Analysis: Application Performance Monitoring, 2013," by Federico De Silva and Jonah Kowall, May 28, 2014.
CONTACT: Press Contact Kayla Siefker, Senior Public Relations Manager, Compuware APM Business Unit email@example.com, 313-227-1402 Jackie Lucas, Warner Communications 978-526-1960, Jackie@warnerpr.com For Sales and Marketing Information Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353 http://www.compuware.com