I gave an example just a few minutes ago of one customer, but pretty much anyone who has some kind of an e-commerce or some kind of an important customer-facing application is a great candidate for extended DEM use from Dynatrace. "Frenzy is so great, and the systems of management, the reward systems, are so foolish," he added. The acceleration in total revenue growth is being driven by the strong growth in subscription revenue, which was $115.8 million in the second quarter, an increase of 41% year over year. For the second quarter, ARR was $470.9 million, an increase of 44% year over year. The exciting thing is that while the land is nice, it's the expansion that has accelerated for us versus our Classic product world. Q2 2020 Dynatrace Inc Earnings Call 10/30/2019 05:00 PM (EDT) DT. Your next question will come from the line of Bhavan Suri of William Blair. With that said, we remain focused on investing for long-term growth and plan to reinvest some of the revenue upside we expect for the full year back into the business which is reflected in our guidance. Live webinar: No metric left alone - Feeding all your observability data into Dynatrace AIOps Thursday, November 19, 4:00 pm CET / 10:00 am ET Get insights to the new metrics ingest interface and show you how to report custom metrics from various different data sources. We're really excited about it. Sometimes, we do come in with system integrators. During their proof of concept, something we do with all new customers to demonstrate the Dynatrace difference, they discovered the power of Dynatrace's explainable AI engine, Davis, which continually learns what normal performance is, processing billions of dependencies in real time to serve up precise answers that were beyond their team's ability to quickly identify. Thank you, everyone. Ashburn: Startup Is Changing the Way People Retire, Apartment Investment Completes Separation Into Two Companies, The stock market flashes a major new sell signal: BofA survey. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. As of September 30, we had cash and cash equivalents of $211.7 million, and our long-term debt was $569.8 million. Based on cloud optimization savings alone, the company calculated a payback for their Dynatrace investment of less than six months. Please refer to the cautionary language in today's press release and to our Form 10-Q, which was filed with the SEC on September 5, 2019; and our other SEC filings for a discussion of the risks and uncertainties that could cause actual results to differ materially from expectations. But over time, it should be equivalent to what the DEM module brings, which is -- think of it as maybe $0.50 on the dollar of host units. Brokerages expect Dynatrace, Inc. (NYSE:DT) to post $0.13 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. This is the sixth straight quarter we've exceeded this mark. That is starting to expand well. The first is new logo customers, and the second is our Dynatrace net expansion rate. Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Clearly, the analytics AI engine will sell because it has a name Davis, so we'll just leave it at that. The current portion of RPO, which we expect to recognize as revenue over the next 12 months, was $380.5 million, an increase of 70% year over year. I was just curious about the retention rates of the customers that have been converting over to the new Dynatrace platform. Thanks, Michael. It's just that you've sort of forgotten about the fact that they all got swallowed up a handful of big players and turned into sort of suites of tooling. If I could squeeze one more product one in. As a result of these changes, total gross margins have increased, as I just mentioned. And we continue to increase the value of our platform, driving better business outcomes with things like user experience capabilities, and as I noted in my comments earlier, Digital Business Analytics. Obviously, we have an expanding sales organization, so that certainly helps. We continue to be cash flow positive on an operating basis while investing across the board in growth. Dynatrace Announces PurePath 4 with OpenTelemetry and Support for the Latest Cloud-Native Architectures. We are now left to 1,828 customers on the new platform, an increase of 250 from a quarter ago, and more than double from a year ago. 11/17 08:00. I mean it's healthy versus a lot of competitors out there that land in very small mid-market footprints. Are You Missing Out on the Market’s Biggest Gains? Yahoo. 04:26PM : Dynatrace Earnings Triple; Cloud Software Maker's Stock Falls. 23 hours ago Dynatrace Open Q&A. Our healthy RPO expansion has benefited from our move to a subscription-based news combined with an increase in the duration of our new subscription agreement. Follow us on Twitter @investornetwork. In addition to adding new modules to the Dynatrace platform, we continue to extend existing platform capabilities as well. Learn more. Mahalo, Larry.”Ellison, 76, who has a net worth of about $75 billion, according to data compiled by Bloomberg, owns 98% of Lanai, Hawaii’s sixth largest island that’s mostly made up of Ellison’s luxury hotels and resorts. 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