Tag: Sumo

Sumo Logic Showcases Innovations to Fuel Digital Business Success

New Product Solutions and Enhancements Help Transform the Data Deluge into Continuous Intelligence to Further Drive Reliable and Secure Customer Experiences

Sumo Logic | Illuminate Conference

Sumo Logic Illuminate Conference: October 6 - 7, 2020
Sumo Logic Illuminate Conference: October 6 – 7, 2020
Sumo Logic Illuminate Conference: October 6 – 7, 2020

REDWOOD CITY, Calif., Oct. 07, 2020 (GLOBE NEWSWIRE) — Sumo Logic, (Nasdaq: SUMO), the pioneer in continuous intelligence, today highlighted the broad cloud-native, analytics functionality across DevSecOps use cases, running on its Continuous Intelligence Platform™, as part of the opening keynote by President and CEO at Ramin Sayar during company’s fourth annual Illuminate user conference. Sumo Logic’s offerings have grown to span multiple solution areas across operations intelligence — including application management, microservices management, multi-cloud management and web/edge management; security intelligence — including audit and compliance management, security analytics and cloud SIEM; and a new ecosystem business intelligence solution for DevOps, called Software Development

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Sumo Logic IPO Sees Strong Premium for Growth of Continuous Intelligence

Business intelligence was one of the key buzzwords in years past. With the explosive growth of the cloud, machine learning, automation and artificial intelligence, is it a shock that there is already a new term? A fresh initial public offering (IPO) from Sumo Logic Inc. (NASDAQ: SUMO) wants the next big term to be “continuous intelligence,” and investors just paid a premium for its opening value in Thursday’s IPO.

Sumo Logic calls itself the pioneer of continuous intelligence. The company describes this new software category as enabling organizations of all sizes “to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing.”

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Sumo Logic sold 14 million shares at $22 apiece, and all the shares were sold by the company itself. Its indicated price range had been $17 to $21 per share ahead of the formal pricing. Prior to assuming

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