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Save money and still do more in this downturn with New Relic

Blog post from New Relic

Post Details
Company
Date Published
Author
Bill Staples, Former CEO of New Relic, Alicia Basteri, Principal Content Manager
Word Count
2,150
Company Posts That Month
30
Language
English
Hacker News Points
-
Post removed?
No
Summary

As global economic uncertainty mounts, digital enterprises face pressure to reduce costs while maintaining performance. The traditional host-based pricing model for observability vendors like Datadog, Elastic, and Splunk is being challenged by New Relic's all-in-one platform pricing model, which offers more value per dollar. By paying for actual usage rather than peak usage, customers can avoid surprise bills and ballooning costs. New Relic's low infra monitoring cost, low log management cost, and low overall total cost of ownership (TCO) make it a more attractive option, with up to 5x more value for money compared to legacy tools. By consolidating observability needs in one platform, customers can realize significant savings, including reduced monitoring and logging costs, increased productivity, and improved revenue growth, with an average three-year ROI of 357% and a break-even point of just five months.

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