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Datadog enters S&P 500 after revenue hits USD $2.8 billion

Datadog enters S&P 500 after revenue hits USD $2.8 billion

Techday NZ4 days ago
Datadog has joined the S&P 500 Index following a period of significant revenue growth and product expansion.
The monitoring and security platform provider for cloud applications reported revenue of USD $2.8 billion for the twelve months ending March 2025. This figure represents a 26% increase year-over-year and reflects the company's continued expansion and growing customer base.
Datadog's inclusion in the S&P 500 places it among 500 of the largest publicly traded companies in the United States, a grouping widely seen as a primary indicator for large-cap American equities. The S&P 500 Index tracks the stock performance of these companies and is a major benchmark for investors and institutions.
Olivier Pomel, Datadog's co-founder and Chief Executive Officer, commented on the company's milestone: Joining the S&P 500 Index is a significant milestone for Datadog and is a testament to the work of our employees, collaboration with partners, and above all, our relentless focus on meeting the complex needs of our 30,000+ global customers. That said, we're only getting started and it is still early days for cloud adoption and AI transformation. We're all hard at work to solve the hardest problems our customers face and help them succeed in this new world.
Datadog serves over 30,500 customers worldwide, as reported at the end of March 2025. The company continues to invest in expanding its platform, including the launch of new products and features to address the demands of cloud adoption, AI transformation, and security challenges faced by its clients.
Product development
At its annual DASH conference in June, Datadog introduced more than 400 new products, capabilities, and features. These announcements included new offerings in areas such as LLM observability, agentic AI, enhanced security, log management, and the introduction of an internal developer portal. These updates are intended to further support organisations in managing increasingly complex digital infrastructures and applications.
Datadog's software-as-a-service platform brings together infrastructure monitoring, application performance monitoring, log management, user experience monitoring, and cloud security within a single system. This allows organisations across a range of industries to monitor and secure their technology stack, collaborate between IT and business teams, and respond to operational incidents with real-time data.
Market presence and strategy
The transition into the S&P 500 Index coincides with a period in which enterprises across the globe are accelerating their cloud computing and digital transformation efforts. Datadog works with a diverse set of clients, aiming to respond to the needs arising from increased cloud adoption and the integration of artificial intelligence into business processes.
The company's continued expansion of its service offerings is designed to address the broadening requirements of both established companies and those currently undergoing digital transformation. Datadog's public statements indicate a focus on adapting to rapid technological changes and supporting customers in their efforts to navigate increasingly sophisticated operational environments.
Financial outlook
Reporting a 26% rise in annual revenue year-over-year, Datadog's financial results demonstrate the continued market demand for integrated monitoring, security, and observability solutions designed for cloud environments. The company's stated customer base surpassed 30,000 organisations as of the end of March 2025.
Datadog executives have referenced the ongoing evolution of cloud and artificial intelligence as central to their strategy, indicating that their development efforts will continue to support emerging requirements in these areas. The firm's ongoing product development and addition to the S&P 500 are seen as part of a strategy to maintain and build upon its presence within the technology sector and broader business community.
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She's maybe got travel's best job
She's maybe got travel's best job

Otago Daily Times

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