New York City, NY – Datadog Inc participated in Citi’s 2024 Global TMT Conference on September 4, 2024, at 10:00 AM ET. The company’s Chief Financial Officer, David Obstler, engaged in discussions with Fatima Boolani from Citi.

During the conference, Fatima Boolani commended Datadog for its significant product expansion and innovation since its IPO. She specifically inquired about the platform expansion and product suite developments over the years, prompting Obstler to provide insights into the growth and adoption of the observability platform.

Obstler highlighted the company’s focus on meeting clients’ demands for more data points and automation in workflow analysis. He discussed the expansion into areas such as software creation, security, and service management to cater to the needs of DevOps professionals.

The conversation further delved into the trends in customer usage and spending behaviors, particularly during the pandemic. Obstler explained how Datadog navigated through fluctuations in the cloud-native sector’s spending patterns and the subsequent stabilization of growth across different customer segments.

Fatima Boolani also explored Datadog’s approach to product offerings such as infrastructure monitoring, application performance monitoring (APM), and digital experience products like RUM and Synthetics. She questioned the impact of bundling these products on customer adoption and engagement.

The discussion then shifted towards the company’s foray into the DevSecOps space and the challenges associated with selling to a different buying center. Obstler elaborated on the strategies employed to drive adoption of security solutions and the role of bundling in simplifying the process for customers.

As the conversation progressed, attention turned to Datadog’s financial performance and growth objectives. Obstler shared insights on maintaining profitability while pursuing growth initiatives, emphasizing the efficiency of the product architecture and continuous reinvestment in R&D.

In wrapping up the discussion, the focus shifted to Datadog’s strategic roadmap to achieve $5 billion in annual recurring revenue. Obstler mentioned the emphasis on product innovation, observability trends, and potential M&A activities to accelerate technological advancements.

The exchange between Fatima Boolani and David Obstler concluded on a positive note, highlighting Datadog’s commitment to continuous innovation and growth in the competitive landscape of tech conferences.