Datadog, Inc. - DDOG STOCK NEWS

Datadog, a cloud application monitoring and security platform, announced the release of Datadog Audit Trail, which enhances compliance and operational workflow management. The service audits all changes within the Datadog platform and integrates with the Sensitive Data Scanner and role-based access control (RBAC). This tool addresses stringent regulatory requirements like FedRAMP, GDPR, and HIPAA by providing a unified view of user and API actions, thereby helping organizations quickly fulfill audit demands. Datadog Audit Trail is available now.

Datadog has launched Datadog Observability Pipelines, a new product aimed at enhancing data management for organizations. The tool offers a unified interface for controlling the flow of metrics, logs, and traces, allowing users to filter, sanitize, and route observability data. Key benefits include improved cost control, reduced technology lock-in, enhanced compliance, and standardized data quality. The product leverages the open-source Vector framework, allowing organizations to scale their observability practices effectively.

Datadog, Inc. (NASDAQ: DDOG) has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Application Performance Monitoring and Observability for the second consecutive year. This achievement highlights Datadog's ability to execute and the completeness of its vision. The company’s unified platform approach and its AI engine, Watchdog, are noted as key strengths, enabling efficient monitoring of cloud-native architectures. Customers appreciate the Real User Monitoring feature, which aids in understanding user behavior and reducing churn.

Datadog (NASDAQ: DDOG) appointed Titi Cole, Citigroup's CEO of Legacy Franchises, to its Board of Directors on June 2, 2022. Cole brings over 25 years of experience in financial services and has held senior roles at major banks and McKinsey & Company. She aims to drive digital transformation to better meet customer needs. CEO Olivier Pomel emphasized her strategic planning expertise, which will be crucial for Datadog's growth. This leadership addition aligns with Datadog's focus on enhancing its cloud monitoring and security platform, helping businesses with their digital initiatives.

Datadog, Inc. (NASDAQ: DDOG) released its 2022 State of Serverless report, highlighting the mainstream adoption of serverless technologies across major cloud providers like AWS, Azure, and Google Cloud. Over 50% of customers now utilize serverless technologies, with substantial growth in serverless containers. Notably, nearly 40% of Datadog's Google Cloud customers use Google Cloud Run, a fourfold increase since January 2020. Serverless applications are increasingly critical for both external and internal operations, signaling a shift in technology reliance.

Datadog has achieved the AWS Education Competency status, signifying its expertise in providing cloud solutions for educational institutions. This recognition reflects Datadog's successful implementation of mission-critical workloads across sectors such as higher education and research. The AWS Competency Program assessed Datadog's security, performance, and reliability, confirming its alignment with AWS best practices. Key personnel from the University of Chicago acknowledged Datadog's contributions in enhancing data accessibility and system monitoring for their research initiatives.

Datadog, the leading monitoring and security platform for cloud applications, has announced its participation in several upcoming investor conferences. Management will present at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 25, 2022, followed by the Jefferies 2022 Software Conference on June 1, 2022, and the William Blair Growth Stock Conference on June 7, 2022. Each presentation will be available for live streaming and replay via the company's investor relations website.

On May 16, 2022, Datadog (NASDAQ: DDOG) announced new enhancements aimed at simplifying the monitoring and security of Kubernetes environments. With the growing complexity of orchestrated container environments, these updates include the Datadog Operator for Kubernetes, Amazon EKS Blueprints Add-On, Helm integration, and OpenTelemetry Span Ingestion support. Enhanced Application Performance Monitoring now provides detailed pod information, while Cloud Security Posture Management ensures real-time monitoring for critical misconfigurations and attacks.

Datadog announced the general availability of OpenTelemetry Protocol (OTLP) support in the Datadog Agent on May 16, 2022. This feature enables seamless integration of OpenTelemetry-instrumented applications without requiring a separate collector. As a result, users can easily access metrics and traces, enhancing application monitoring with richer context from over 500 integrations. Datadog’s support model aims to simplify observability for developers and engineers, strengthening their monitoring capabilities while facilitating easier application instrumentation.