9 Key Areas That Caused a Powershift in the IT Performance Vendor Landscape
DEJ just published a report titled, Top 20 Vendors for Managing IT Performance in 2022. The report is derived from DEJ’s state of the market study, 24 Key Areas Shaping IT Performance Markets in 2022, that included insights from more than 3,300 hundred organizations. One interesting fact about this newly published report is that it includes only eight vendors that were profiled in a similar publication in 2020.
This Research Note analyzes key changes in user requirements that led to a major overhaul of the vendor landscape for IT performance solutions.
Forty-five percent of organizations reported that they experienced the need to monitor and analyze new areas and domains over the last 3 years. Additionally, 46% of organizations reported that the business context is a key requirement for their visibility approach. That led to the addition of Kentik, LogicMonitor and OpsRamp in this year’s report, with vendors like Catchpoint, Datadog, Dynatrace and ScienceLogic further strengthening their position.
Also, 69% of business executives reported “enabling technology as a competitive advantage” as their key goal for Observability, while 41% of organizations reported that cost of Observability outweighs benefits. That led to the inclusion of Observability leaders, such as Chronosphere, Coralogix, Cribl and Mezmo (formerly LogDNA), that not only enable organizations to achieve top business goals by adopting Observability, but also help reduce cost of Observability data processing and storage and increase the value of data.