$DT Dynatrace Inc Deep Dive and 2024 Outlook

The observability company is on a long term slump, but can it reverse

Dynatrace is a leading technology company that offers a unified observability and security platform. It was founded in 2005 and is headquartered in Waltham, Massachusetts. The company's key products include its Observability and Security Platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, and cloud automation solutions. Dynatrace competes with DataDog, an observability platform that’s a bigger, faster growing company.

Dynatrace's platform is built on cloud-native technologies and is designed for high scalability, availability, and security. Dynatrace's technology leverages advanced AI capabilities, including predictive, causal, and generative AI, to deliver precise answers, intelligent automation, and recommendations to customers. The company's Smartscape technology automatically maps the relationships between applications and underlying infrastructure, providing full-stack data context. Dynatrace serves customers across various industries, including banking, finance, government, insurance, retail, and software.

The big questions for Dynatrace Inc. and the stock in 2024?

1. How is Dynatrace's strategy of targeting larger, more strategic observability deals progressing?

2. How are Dynatrace's go-to-market changes, such as customer segmentation and partner focus, impacting its sales performance?

3. Can Dynatrace maintain its strong net retention rate and expansion within its existing customer base amid the moderating macro environment?

4. How will Dynatrace's investments in technologies like Grail, AI observability, and data observability enhance its platform and competitive positioning in the market?