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Company profile

Cisco Systems, Inc is engaged in designing and selling a range of technologies across networking, security, collaboration, applications and the cloud. It operates through three geographic segments: Americas; Europe, Middle East, and Africa; and Asia Pacific, Japan, and China. Its product and technologies include infrastructure platforms; applications; security and other products. Infrastructure Platforms consists of its core networking technologies of switching, routing, data center products and wireless that are designed to work together to deliver networking capabilities and transport and store data. Application product category consists primarily of software-related offerings that utilize the core networking and data center platforms to provide their functions. Security product category primarily includes unified threat management products, threat security products and Web security products. Its subsidiary, ThousandEyes, Inc., offers Internet and cloud intelligence platform.

Closing Price
$51.13
Day's Change
0.42 (0.83%)
Bid
--
Ask
--
B/A Size
--
Day's High
51.25
Day's Low
50.68
Volume
(Average)
Volume:
16,205,349

10-day average volume:
15,240,402
16,205,349

Cisco AppDynamics Expands Global Software-as-a-Service Offering With Five New Locations

8:00 am ET April 21, 2021 (BusinessWire) Print

Cisco AppDynamics, the industry leading Business Observability platform, today announced the expansion of its Software-as-a-Service (SaaS) offering through five strategic new locations, enabling fast, secure and reliable access to the AppDynamics Business Observability platform. Built on Amazon Web Services (AWS), new locations in Cape Town (South Africa), Hong Kong (China), London (England), Sao Paulo (Brazil) and Singapore will provide regional customers and partners with access to full-stack observability solutions that are secure, scalable and adhere to their local data residency regulations, enabling companies to deliver a superior digital experience.

Recent research from Gartner indicates that almost 70 percent of organizations using cloud services today plan to increase their cloud spend in the wake of the disruption caused by COVID-19.

"The pandemic validated cloud's value proposition," said Sid Nag, research vice president, Gartner. "The ability to use on-demand, scalable cloud models to achieve cost efficiency and business continuity is providing the impetus for organizations to rapidly accelerate their digital business transformation plans."

As technologists lead their company's response to the pandemic, many are facing increasingly high pressures to innovate and scale digital services and migrating to a SaaS approach comes with strong considerations. Challenges with implementing SaaS services due to evolving data residency laws and regulations, as well as latency via cloud services that can exist based on proximity to SaaS locations, are areas of concern when considering a SaaS approach. However, modern CIOs recognize the urgent need for a secure, reliable and scalable SaaS solution to support their rapid digital transformation efforts and meet the ever-increasing user demand for flawless digital experience.

The addition of five new locations offers a solution to enterprises concerned with potential data sovereignty and governance requirements, and provides access for customers all around the globe. With points of presence already in place in Portland (US), Frankfurt (Germany), Mumbai (India) and Sydney (Australia), AppDynamics now has more SaaS support than any other vendor in the market. Recently acknowledged as a notable strength by Gartner, AppDynamics' robust global SaaS footprint will ensure enterprise companies can focus on creating flawless digital experiences through the Cisco AppDynamics Business Observability platform, while achieving greater control around:

Data Residency, Privacy and Security - Enables local enterprise businesses to comply with anticipated data residency regulations, comprehensive compliance and security certifications such as SOC 2 Type II, EU-US Data Transfer and GDPR-Ready. Scale - AppDynamics is delivered with the scalability of AWS providing high-speed access to data with lower total costs, less on-premises resources, and added support and maintenance. Faster Access to Innovation - customers can leverage the latest innovation from AppDynamics including cloud native services, APM, and application security through automated and seamless upgrades.

"Enterprise organizations are now in a position where they must urgently transform their digital business strategies, and they need reliable SaaS platforms to do so at scale," said Vipul Shah, chief product officer, AppDynamics. "AppDynamics is committed to delivering superior digital experiences through our Business Observability platform, and the expansion of our SaaS presence will provide a level of SaaS coverage unmatched in our industry. With this expanded reach of SaaS locations, AppDynamics remains the first choice for global enterprises."

The addition of the five new locations comes on the heels of AppDynamics' SaaS offering in India, announced in October 2020, and builds on the company's global SaaS footprint across Africa, Asia, Europe and South America. With each location strategically selected based on regional user demand, AppDynamics is seeing evidence that this strategy is quickly meeting the needs of enterprises around the world. For example, its Frankfurt SaaS location doubled the amount of users in only 18 months.

AppDynamics' new SaaS locations will be available as follows:

Singapore (April 2021) London (April 2021) Hong Kong (July 2021) Sao Paulo (July 2021) Cape Town (July 2021)

Learn more about AppDynamics SaaS and the company's security and privacy assurance here.

Other resources:

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About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

About Cisco AppDynamics

Cisco AppDynamics, the industry leading Business Observability platform, provides full-stack observability with business context. AppDynamics helps technologists prevent digital performance issues by monitoring cloud-native technologies and traditional infrastructure to understand exactly what drives user experiences and impacts the bottom line for businesses. Core products include: Business iQ, Experience Journey Map, Secure Application and Cognition Engine.

AppDynamics has been recognized by Gartner as a leader in the APM market for more than nine years. It received Glassdoor's 2019 Best Places to Work Award and Fortune's #1 Best Place to Work in 2021 as part of Cisco.

This announcement may contain product roadmap information of AppDynamics LLC ("AppDynamics"). AppDynamics reserves the right to change any product roadmap information at any time, for any reason, and without notice. This information is intended to outline AppDynamics' general product direction, it is not a guarantee of future product features, and it should not be relied on in making a purchasing decision. The development, release, and timing of any features or functionality described for AppDynamics' products remain at AppDynamics' sole discretion. AppDynamics reserves the right to change any planned features at any time before making them generally available as well as never making them generally available.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005189/en/

SOURCE: AppDynamics

AppDynamics PR
Abby McAdams
abby.mcadams@appdynamics.com

AppDynamics AR
Nancy Stebbins
nancy.stebbins@appdynamics.com
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