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SolarWinds Corporation (SWI) is a leading provider of powerful and affordable IT management software. The company's products enable organizations of all sizes and complexities to effectively monitor and manage their IT services, infrastructures, and applications, whether on-premises, in the cloud, or using hybrid models.
SolarWinds' comprehensive suite of solutions includes tools for network management, systems management, database management, and application performance monitoring. These products are designed to work out-of-the-box, requiring minimal customization or professional services. This ensures that IT professionals can quickly deploy and leverage these tools to maintain high-performing and highly available IT environments.
The company places a strong emphasis on engaging with technology professionals—such as IT service and operations professionals, DevOps professionals, and managed services providers (MSPs)—to understand their challenges. The insights gained from these interactions, particularly from their active community forum, THWACK®, help SolarWinds stay ahead in solving well-understood IT management issues.
Recently, SolarWinds has focused on expanding its full-stack observability solutions, which provide end-to-end visibility and control over an organization's IT environment. This involves a commitment to excellence in hybrid IT management, ensuring seamless operations across on-premises, cloud, and hybrid infrastructures.
Financially, SolarWinds has maintained a robust position, continually innovating and forming strategic partnerships to enhance its product offerings. Their solutions are used by a wide range of customers, including enterprises, small and medium-sized businesses, and government entities worldwide.
For the latest updates and developments regarding SolarWinds Corporation, stay tuned to our news section, where you can find the most recent information on performance, events, and other significant activities related to the company.
SolarWinds (NYSE:SWI) has released its Next-Gen Government IT: AI and Observability Insights Report, based on a survey of 200 U.S. IT decision-makers from Federal, State, Local, and Education sectors. The study reveals that digital transformation remains a work in progress, with only 6% of organizations having completed their journey, while 41% report well-underway efforts and 42% are in early implementation stages.
Key findings show that data privacy and security concerns (62%), budget constraints (57%), and integration complexity (56%) are the main challenges. The general hacking community (59%) and careless/untrained insiders (58%) represent the top security threats. Over 33% of respondents are using AI for cybersecurity operations and IT observability, though 4 in 10 express significant concerns about AI adoption risks.
The report also highlights a shift in infrastructure preferences, with government cloud now leading at 70% adoption, while traditional on-premises usage has declined to 58% from 91% in 2023. Hybrid environments are expected to remain dominant, with 48% anticipating this as the future standard.
SolarWinds (NYSE:SWI) has released its Next-Gen Government IT: AI and Observability Insights Report, revealing key challenges in UK public sector IT security. The survey of 100 IT decision-makers shows that budget constraints (23%) are the primary obstacle to improving IT security, while careless/untrained insiders (56%) represent the main security threat.
Digital transformation remains a work in progress, with only 6% of organizations having fully completed their journey, while 42% report well-underway efforts and 40% are in early implementation stages. The report highlights that 55% of threats come from the general hacking community, emphasizing the need for enhanced security measures.
Regarding AI adoption, 23% of respondents are using AI for IT operations automation and observability enhancement. However, 29% express serious concerns about AI-related risks, particularly regarding data privacy and compliance. The survey was conducted in December 2024, covering both UK and US public sector IT professionals.
SolarWinds (NYSE: SWI) reported strong Q4 and full-year 2024 results, with Q4 revenue reaching $210.3 million (6% YoY growth) and full-year revenue of $796.9 million (5% YoY growth). The company achieved Q4 net income of $72.7 million and full-year net income of $111.9 million.
Notable metrics include Q4 Adjusted EBITDA of $104.1 million (49% margin, 20% YoY growth) and full-year Adjusted EBITDA of $384.7 million (48% margin, 17% YoY growth). Subscription ARR grew 34% YoY to $311.7 million, while Total ARR increased 7% to $729.0 million.
Significantly, SolarWinds announced a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction valued at $4.4 billion, with shareholders receiving $18.50 per share. The transaction is expected to close in Q2 2025.
SolarWinds (NYSE:SWI) has announced a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction valued at $4.4 billion, or $18.50 per share. This represents a 35% premium over SWI's 90-day volume-weighted average closing price ending February 6, 2025.
The transaction has received unanimous approval from SolarWinds' Board of Directors and majority shareholders Thoma Bravo and Silver Lake, who collectively hold approximately 65% of voting securities. No additional shareholder approval is required. Upon completion, expected in Q2 2025, SolarWinds will become private and delist from NYSE, while maintaining its headquarters in Austin, Texas.
The company will continue operating under the SolarWinds name and brand, focusing on delivering operational resilience solutions through its platform's observability, monitoring, and service desk solutions.
SolarWinds (NYSE:SWI) has announced significant enhancements to its Partner Program for 2025, focusing on three key areas: increasing partner profitability, capabilities, and tools. The program introduces a new three-tier model with enhanced revenue segmentation and margin control to boost partner profitability.
The company is launching the SolarWinds Services Certification Program (SCCP) to certify partners for selling Premium Support Add-On services. Partners must include both a SolarWinds Certified Professional and Instructor to qualify. The program also features improved partner portal experience with enhanced business planning tools, marketing automation, Google Ads activation, and lead-sharing capabilities.
SolarWinds will host two partner summits in 2025: one in Marrakesh, Morocco (February 10-12) and another in Phuket, Thailand (March 3-5), aimed at strengthening partnerships and driving regional growth.
SolarWinds (NYSE:SWI) announced that its Observability Self-Hosted for Federal Government v2024.2 platform has received approval for procurement and deployment on the U.S. Department of Defense network after completing the DoDIN APL evaluation process. The platform achieved this milestone after undergoing extensive security testing, including Common Criteria EAL 2+ certification and FIPS 140-2 compliance.
The platform, built from Orion modules and powered by AIOps, includes various components such as Network Performance Monitor, Log Analyzer, Server & Application Monitor, and several other management tools. It is designed to help organizations optimize performance, ensure availability, and accelerate remediation across hybrid IT environments from behind the firewall.
The solution is available on the U.S. General Services Administration (GSA) Schedule and other contract vehicles, featuring built-in automated compliance reports meeting major auditing authorities' requirements.
SolarWinds (NYSE:SWI), a provider of observability and IT management software, has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, February 11, 2025.
The company will host a conference call to discuss the results at 7:30 a.m. CT (8:30 a.m. ET/5:30 a.m. PT). The earnings release will be issued at approximately 7 a.m. CT. Investors can access the live webcast through the SolarWinds Investor Relations website, with domestic dial-in available at +1 (888) 510-2008 and international at +1 (646) 960-0306 using conference passcode 2975715.
SolarWinds (NYSE:SWI) has received multiple awards and recognitions in the second half of 2024, highlighting its achievements in IT management solutions and industry leadership. The company has enhanced its product portfolio with new capabilities for SolarWinds Observability platforms, both Self-Hosted and SaaS versions, along with improvements to service management and database monitoring solutions.
Notable recognitions include the Stevie International Business Awards Gold Winner for SolarWinds Service Desk, finalist status in the 2024 SC Awards, and the Great Place To Work Certification 2024 for India. The company has also introduced new AI-powered features across its ITSM, database, and SaaS observability platforms, demonstrating its commitment to innovation in hybrid and multi-cloud IT environments.
SolarWinds (NYSE:SWI) will showcase its SolarWinds Observability SaaS platform at AWS re:Invent 2024, demonstrating how it enhances operational efficiency across hybrid and multi-cloud environments. The platform features new capabilities including broader on-premises infrastructure monitoring, expanded cloud infrastructure observability, and comprehensive network performance analysis. Key improvements include AI-driven insights for faster incident detection and resolution, enhanced AlertStack™ to reduce alert fatigue, and improved SolarWinds Platform Connect for easier migration between self-hosted and SaaS solutions.
SolarWinds (NYSE:SWI) has released its 2024 State of ITSM Report, offering actionable insights based on over 2,000 ITSM data systems and 60,000 points of anonymized customer data. The report emphasizes that enhancing IT Service Management (ITSM) efficiency requires a multi-faceted approach rather than merely increasing staff. Key strategies include:
- Automation Rules: Save 3 hours per ticket and improve SLA compliance.
- Self-Service Portals: Reduce resolution times by 2 hours per ticket.
- Knowledge Base Articles: Resolve incidents 6 hours faster.
- Service-Level Agreements (SLAs): Improve customer trust and resource optimization.
These methods collectively prepare ITSM teams for diverse requests, leading to a mature service desk. The report debunks the conventional belief that more staff equates to better ITSM services, advocating instead for strategic planning and technology utilization.