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App monitoring tools are growing at a rapid pace

AppDynamics and New Relic, as well as several smaller app monitoring tools, are growing at a rapid pace with over 100% growth in the last year. Both AppDynamics and New Relic say they are on the verge of reaching annual $100 million revenue

Suddenly, app monitoring tools — AppDynamics and New Relic chief among them — are grabbing lots of attention. By letting companies track application data across their business, they’ve become one the first and easiest ways businesses can connect the dots between operations and financial results.

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