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Home Markets

Does Our Portfolio Need Some Datadog Stock?

October 26, 2023
in Markets
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Does Our Portfolio Need Some Datadog Stock?
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If software program eats the world, then options that assist preserve coexisting software program functions operating easily must be nice pick-and-shovel performs. That just about sums up the enchantment of software efficiency monitoring – or APM – which is having fun with quite a lot of development and a focus since Cisco (CSCO) stepped in and bought the chief on this area – Splunk (SPLK).

Our piece on 5 Utility Efficiency Monitoring Shares checked out how main gamers on this place usually transfer round Gartner’s Magic quadrant such that management may be misplaced as shortly because it’s been gained. That’s why we regularly use income as a proxy for market share captured. In 2022, Splunk generated essentially the most income of the 5 corporations we checked out with Datadog (DDOG) in second place.

Bar chart showing 5 APM Stocks by Revenue
Credit score: Nanalyze

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