New Relic is an enterprise software technology firm focused on the emerging technology of big data software analytics. New Relic's Digital Intelligence Platform enables enterprise clients to 'collect, store and analyze' data generated by applications and IT infrastructure, and provides visibility into software and systems performance across desktop, mobile, browser, and cloud environments. The company uses a software-as-a-service (SaaS) delivery model. With a market cap of $3.4 billion, New Relic is considered a mid-cap company. New Relic was founded in September 2007 and completed its initial public offering on December 12, 2014 at $23 per share. New Relic derives about 32% of revenue from outside the U.S.
DKNG, NVS, HPE
Joseph F. Bonner, CFASenior Analyst: Communication Services & Technology