DT - 1 Software Stock Better Than Datadog to Buy Now
2023-12-02 11:05:00 ET
Generative artificial intelligence (AI) has been all the rage in 2023, but various AI tools (software that can automate highly redundant and repetitive tasks) have already been around for a long time. Take cloud observability, app performance monitoring, and analytics software company Dynatrace (NYSE: DT) , which actually helped pioneer the idea of "cloud observability" long before investor favorites like Datadog started adopting the term.
Dynatrace recently reported another fantastic quarter, showing off its balance between growth and profitability. I believe it holds some key advantages as an investment asset over Datadog. Here's why.
Dynatrace is a little-known business. However, it actually earns some top marks for its suite of cloud-based tools that help with monitoring cloud computing environments and apps. Tech researcher Gartner named it the leader in application performance monitoring, ahead of Datadog and older peers in the data analytics universe like Splunk (currently to be acquired by Cisco ) and New Relic (acquired by private equity earlier this year).
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1 Software Stock Better Than Datadog to Buy Now