It won’t be inappropriate if we call the current era the era of Information Technology. There is no business that is not using the very technology to accomplish their daily work. Though there have been discovered various software to ease out the tasks for companies, still to deal with some conflicts in that software we require some application monitoring software too. This software ensures the seamless working of the software without having to face any errors or other conflicts. Dynatrace is one of the companies which is responsible for building such software and helping companies work without any difficulty. Dynatrace is a U.S.A.-based software intelligence company that offers monitoring and optimization services to ensure a better user experience for its clients.
About The Company
Dynatrace is a sixteen years old company founded in 2005 in Linz, Austria. The company has its headquarters based in Waltham, Massachusetts, U.S., but it offers services to its customers globally. Dynatrace is best known for its Software Intelligence Platform, which uses AI to provide monitoring and application optimizing services to its customers. Other services by the company include Application Security, Cloud Automation, Digital Business Analytics, Infrastructure Monitoring, and IT Operations Analytics, etc.
It is a publicly-traded company, as it trades on the New York Stock Exchange as DT. As of the year 2021, about 3000 people are working at Dynatrace, and for the fiscal year 2021, it made revenues worth US$703.509 Million. Apart from its headquarters in the U.S., the company has opened about 50 offices in countries like Canada, Austria, Belgium, Denmark, Egypt, Italy, Poland, Ireland, the U.K., Estonia, Finland, France, and Greece, etc. From Mastercard and Bank of America to At&T and Vodafone, almost every big-name company is using services by Dynatrace.
Founding Dynatrace
Bernd Greifeneder is the founder of Dynatrace. He founded the company Dynatrace Software GmbH on 2 February 2005 in Linz, Austria. During the dot-com boom, Greifeneder was studying Computer Science at the JKU Linz. Despite the popularity of the internet around, he always felt confused about online shopping stores getting crashed due to more than ten users using the website. This problem led to a solution by Greifeneder, as he invented software for websites to handle rush with ease and without getting them collapsed. This led to the birth of Dynamic Tracing with the help of AI and then to the founding of Dynatrace in 2005. In the beginning, the company used a few servers for the business, but later with the growth, it started using thousands of servers for its work.
Within one year of founding Dynatrace, the founder of the company was able to bag investments from the leading venture capitalist Bain Capital Ventures. In the next three years, the company received 13 million US dollars from Bay Partners of California.
In 2011, Compuware acquired Dynatrace for a sum 256 of million US dollars, and with the acquisition, Compuware (previously a public company) became private. After the acquisition, Greifeneder held the position of CTO at the company, and the company growth skyrocketed like never before. The two companies were different in their field of work, and Dynatrace remained a separate division of Compuware handled by Greifeneder. Later in 2014, the Compuware APM group was renamed Dynatrace. In the same year, the company also established the Digital Performance Management category. Dynatrace had its first IPO in 2019 and started to trade on NYSE. For the past many years, Dynatrace has won several awards of excellence, including Best Large Company to Work For by Built In Boston.
The Founder
Bernd Greifeneder is the founder and the current CTO at Dynatrace. He is a software engineer with a graduate and postgraduate degree in computer science from Johannes Kepler University, Linz, Austria. He has held many prominent positions in various companies. Greifeneder has spent more than seven years at Segue Software Inc., where he started as the Project lead and was promoted to be the CTO of Globel Technologies and Chief software architect. Greifeneder also served Ruxit as the Senior Vice President and CTO of the company. He founded Dynatrace in 2005, and since then, he has served the company as the CEO, CTO, Vice President Engineering, etc. Currently, he is leading the company as the Senior Vice President and CTO.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.