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DYNATRACE, INC.

(DT)
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Dynatrace Achieves AWS Migration and Modernization Competency

11/30/2021 | 08:13am EST

Status reflects company’s proven success helping the innovators in the world’s largest organizations simplify cloud complexity and digitally transform faster, smarter, and more efficiently

Software intelligence company Dynatrace (NYSE: DT) today announced it has achieved Amazon Web Services (AWS) Migration and Modernization Competency status for AWS Partners. This designation affirms Dynatrace’s demonstrated technical proficiency and proven success helping the world’s largest organizations leverage observability and advanced AIOps to simplify and accelerate their application modernization and cloud migration journeys.

“Customers want migration and modernization solutions together to extract maximum value from their AWS cloud journey, and Dynatrace is critical in helping us meet this need,” said Bill Platt, General Manager, AWS Migration Services. “The Dynatrace platform delivers end-to-end observability and AI-powered insights for modern cloud environments, which allows customers to simultaneously undertake the modernization and migration journey for every application in their portfolio, while achieving faster, smarter, and more secure innovation.”

Achieving this competency distinguishes Dynatrace as an AWS Partner with deep domain expertise helping customers embrace cloud and application transformation, and improving their overall performance, agility, and resiliency at scale. This is further evidence of Dynatrace’s expertise in modern cloud observability, as well as the company’s extensive collaboration with AWS, reflected by:

  • Additional AWS competencies, including the recently awarded AWS Machine Learning Competency in Applied AI and AWS Government Competency, distinguishing Dynatrace as the only observability provider in the AWS partner ecosystem to have achieved all three of these.
  • Comprehensive support for all 100+ AWS services, including the latest serverless and container management services, which provides customers with precise insights into their AWS and multicloud environments, driving faster cloud adoption and more effective modernization.

“Digital transformation is our top priority, and both Dynatrace and AWS are critical to enabling us to achieve our goals,” said Chris Deane, Senior Engineering Manager, Cloud Infrastructure Digital Engineering at BT. “As we continue to scale our cloud-native applications, complexity grows quickly. The Dynatrace platform’s deep observability, as well as the intelligence and automation it brings, simplifies our multicloud environment and allows us to proactively manage our extensive array of digital services, freeing our teams to focus on driving digital innovation with higher quality and greater efficiency.”

“We built the Dynatrace platform to help the innovators in the world’s largest organizations tame cloud complexity and accelerate digital transformation, and we are proud to partner with AWS to drive this at scale,” said Mike Maciag, Chief Marketing Officer at Dynatrace. “Every organization eventually hits a point in their digital transformation journey where old approaches no longer work, and complexity reigns. We built the Dynatrace platform with this exact challenge in mind, embedding AI and automation at the core to help organizations break through this barrier and optimize their clouds with speed, efficiency, and confidence.”

Visit the AWS website to learn more about the AWS Competency Program.

About Dynatrace

Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, our all-in-one platform delivers precise answers about the performance and security of applications, the underlying infrastructure, and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest enterprises trust Dynatrace® to modernize and automate cloud operations, release better software faster, and deliver unrivalled digital experiences.

Curious to see how you can simplify your cloud? Let us show you. Visit our trial page for a free 15-day Dynatrace trial.

To learn more about how Dynatrace can help your business, visit https://www.dynatrace.com, visit our blog, and follow us on Twitter @dynatrace.


ę Business Wire 2021
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Analyst Recommendations on DYNATRACE, INC.
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Financials (USD)
Sales 2022 918 M - -
Net income 2022 57,0 M - -
Net cash 2022 225 M - -
P/E ratio 2022 240x
Yield 2022 -
Capitalization 13 823 M 13 823 M -
EV / Sales 2022 14,8x
EV / Sales 2023 11,5x
Nbr of Employees 2 779
Free-Float -
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Mean consensus BUY
Number of Analysts 21
Last Close Price 48,49 $
Average target price 81,84 $
Spread / Average Target 68,8%
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Managers and Directors
Rick M. McConnell Chief Executive Officer & Director
Kevin Conal Burns Chief Financial Officer, Secretary & Treasurer
Jill A. Ward Chairman
Bernd Greifeneder Chief Technology Officer & Senior Vice President
Matthias Scharer Senior Vice President-Business Operations
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