Datadog, Inc. - DDOG STOCK NEWS

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.

Datadog (NASDAQ: DDOG) announced a definitive agreement to acquire Hdiv Security, enhancing its Cloud Security Platform with application security capabilities. The integration aims to improve the detection of known and zero-day vulnerabilities in applications, enabling real-time risk assessment for developers. The acquisition is expected to close before the end of Q3 2022, subject to customary conditions, including regulatory approvals. This move underscores Datadog's commitment to providing comprehensive security solutions to its clients.

Datadog, Inc. reported a robust 83% year-over-year revenue growth for Q1 2022, achieving $363 million in revenue. The company has expanded its customer base with approximately 2,250 customers generating over $100k in annual recurring revenue, reflecting a 60% increase year over year. The launch of the Application Security Monitoring product and enhancements to the Watchdog AI Engine mark significant business developments. For Q2 2022, Datadog expects revenue between $376 million and $380 million, with a full-year outlook of $1.60 billion to $1.62 billion.

Datadog has launched its Application Security Monitoring (ASM) product, enabling teams to identify code-level vulnerabilities in web applications and APIs using distributed tracing. The new offering addresses increasing threats from attacks such as SQL injections and XSS, enhancing collaboration between security, development, and operations teams. This product is part of Datadog's broader Cloud Security Platform and reflects the company's commitment to modern security needs, following the acquisition of Sqreen in April 2021. ASM is generally available to customers now.

Datadog (NASDAQ:DDOG) announced it will release its first quarter fiscal year 2022 financial results before U.S. markets open on May 5, 2022. The company will host a conference call that same day at 8:00 a.m. Eastern Time to discuss these results and future financial guidance. Investors can participate by dialing specific numbers or accessing a live webcast on the company's Investor Relations page. This announcement underscores Datadog's ongoing commitment to transparency with its stakeholders.

Datadog has announced enhancements to its AI engine, Watchdog, introducing Log Anomaly Detection and Root Cause Analysis. These features allow IT teams to swiftly identify and resolve performance issues, reducing alert fatigue. Log Anomaly Detection establishes normal log patterns to reveal hidden issues before they escalate, while Root Cause Analysis identifies the source of problems across services, highlighting their business impact. Both features require no additional configuration and are available to users, enhancing operational efficiency in complex cloud environments.