Welcome to our dedicated page for SolarWinds Corporation news (Ticker: SWI), a resource for investors and traders seeking the latest updates and insights on SolarWinds Corporation stock.
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 announced that Tim Brown, its Chief Information Security Officer (CISO), was recognized as the CISO of the Year at the Globee Cybersecurity Awards, receiving a Gold award in the Information Technology category. Brown, who has been with the company since 2017, plays a pivotal role in the Secure by Design initiative, which aims to bolster cybersecurity standards across the company.
This initiative includes the development of the SolarWinds Next-Generation Build System, designed to enhance software development security. Brown's leadership has helped make significant strides in preventing cyberattacks, earning industry commendations. In addition to his recognition, Brown has been actively involved in launching new observability solutions that integrate advanced security frameworks, providing organisations with improved visibility across hybrid IT environments.
SolarWinds (NYSE:SWI) will report its financial results for Q1 2023 on April 27, 2023, at 7 a.m. CT. The conference call will occur at 7:30 a.m. CT and will be accessible via a live webcast on the company's Investor Relations site. Investors can join by dialing in 5-10 minutes before the start time. The audio replay will be available shortly after the event.
Additionally, SolarWinds plans to present at two upcoming investor conferences: the J.P. Morgan Global Technology Conference on May 22, 2023, and the Baird Global Consumer, Technology and Services Conference on June 8, 2023.
SolarWinds (NYSE:SWI) has earned a prestigious 5-star rating from CRN in its 2023 Partner Program Guide for its Transform Partner Program. This program offers partners significant growth opportunities through advanced tools and resources, enabling them to support their customers' digital transformation.
The Transform Partner Program is SolarWinds' first formal channel initiative, emphasizing the company's commitment to enhancing partner success and channel growth. The 2023 guide evaluates partner programs based on criteria such as training, support, and resources. SolarWinds aims to help partners manage increasingly complex IT environments, promoting reliability within multi-cloud settings.
Chad Reese, SolarWinds' president for Americas sales, expressed gratitude for the recognition, highlighting the program's role in fostering strong channel partnerships and business growth.
SolarWinds announced the winners of its 2023 Partner Awards during its Transform Partner Summits across regions including EMEA, APJ, and the Americas. These awards recognize the exceptional performance of distribution and reseller partners based on criteria such as revenue growth, investment in SolarWinds, and collaboration effectiveness.
Key award winners included Climb Channel Solutions as North America Distributor of the Year and Spire as EMEA Distributor of the Year. The event highlighted the importance of partner contributions in navigating complex, multi-cloud network environments. SolarWinds emphasized the launch of its new Transform Partner Program, aimed at supporting partners in delivering AIOps-powered observability solutions to enhance digital transformation efforts.
SolarWinds (NYSE:SWI) hosted its annual Virtual Public Sector Partner Summit on March 15, 2023, focusing on collaboration with channel partners. The event featured key speakers discussing the company's vision in channel strategy and offered insights into the SolarWinds Transform Partner Program and 2023 product portfolio. Participants included federal, state, local, and education channel partners who learned ways to enhance their business through SolarWinds solutions. The summit also celebrated partner achievements with the Public Sector Partner Awards ceremony.
SolarWinds (NYSE:SWI) has launched its first IT service management (ITSM) data center in Sydney, Australia, aimed at enhancing performance for local and Asia-Pacific customers. This initiative meets increasing demand for compliance with data sovereignty while providing improved service delivery. The new data center will facilitate lower latency and faster response times, supporting SolarWinds' growth strategy in the region. According to Sai Krishna, the company’s vice president, this investment underscores their commitment to the Australian market, positioning SolarWinds to better serve organizations seeking to accelerate their digital transformation.
SolarWinds (NYSE:SWI) announced the availability of its SolarWinds Observability solution on the Microsoft Azure Marketplace, enhancing accessibility for businesses in the Asia-Pacific region. This integration enables users to leverage Azure's capabilities for better management of complex IT environments. The observability solution offers AI and machine learning features designed for optimized performance and reliability in hybrid and multi-cloud setups. The company plans to deliver the solution as a Native Azure Service soon, aiming to facilitate immediate implementation for Azure customers.
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