By ET Bureau - May 17, 2021 1 Mins Read
New Relic Inc., a provider of observability platforms, created a stir today when it announced that Chief Executive Officer Lew Cirne is stepping down and will be succeeded by Bill Staples, a veteran of the tech industry.
New Relic announced the news as it reported fourth-quarter financial results that exceeded Wall Street’s expectations in terms of earnings and sales, but with only modest growth to show for its efforts.
New Relic offers application and DevOps monitoring tools that assist developers in detecting issues with their apps. It’s essentially a real-time app monitoring service that aids DevOps teams in gaining a complete understanding of any problems.
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