New Relic Introduces Latest Business Observability Solution

New Relic Introduces Latest Business Observability Solution

The latest New Relic PathPoint solution is designed to bridge the data gap between IT and real-world business outcomes.

New Relic, an all-in-one observability platform for every engineer, announced New Relic Pathpoint, a business observability solution designed to bridge the data gap between IT and real-world business outcomes. Pathpoint goes beyond conventional monitoring to provide users with real-time financial insights into every user touchpoint by modeling system-level telemetry from APM 360 in direct correlation to user-impacting business stages. Pathpoint helps engineering and IT teams drive operational efficiency, analyze the financial impact of issues, and align service performance to business outcomes.

For example, users can gain insight into every stage of the customer journey including customer behaviors, transactions, search queries, product selection, processing times, and post-interaction activities. This full transparency into business processes and real-time metric reporting helps organizations build better customer experiences across all channels to maximize ROI.

Pathpoint allows engineers to alert both technical and business teams in near-real time if there is an unwanted change in their business metrics. Any engineer responding to the alert can quickly diagnose the reason for the change by using the New Relic all-in-one observability platform to identify the root cause that needs to be fixed. Pathpoint is also instrumental in helping technical teams provide their business counterparts with visibility into critical metrics that directly impact the business, such as revenue lost during an outage. This transparency allows business executives to also make data-driven decisions about software investments.

“New Relic Pathpoint increases collaboration across our teams and enables our engineering team with the technical insights needed to pinpoint and resolve issues faster. It provides our management and executive teams with the business-level insights needed to make more informed decisions based on specific KPIs and custom metrics, like tracking booking volume over a certain period of time or monitoring and analyzing search performance during peak hours,” said Trainline Site Reliability Engineer Sangeetha Niranjan. “This helps our entire organization, from the top down, work together to ensure our customers have the best experience possible at every stage—searching, booking, payment, and fulfillment—when finding and buying train tickets.”

“The stakes are high for digital businesses. When a software outage has the potential to cost you millions in lost revenue per hour, IT and engineering leaders simply need to understand the business impact of the software they build and operate,” said New Relic Product Officer Manav Khurana. “With Pathpoint, we are building upon our industry leadership to pioneer business process observability so that engineering leaders and business leaders can come together in every organization and make better-informed decisions based on complete data.”

“APAC is in the midst of a major business shift as fast-growing companies tap the potential of new technologies and rely more than ever on software to run their businesses. As critical business application outages grow more expensive, the fallout can be costly. New Relic Pathpoint, will be an essential component to resolving and preventing these types of outages, said New Relic Senior Vice President and General Manager APJ, Kris Day. “Business leaders need to adopt new and emerging technologies to stay ahead of the competition. With Pathpoint, engineering and business leaders can see how the impact on service-level metrics translates to significant savings to keep their IT infrastructure up and running, while proactively finding and fixing issues faster to ensure a more seamless digital customer experience.