AppDynamics Names David Wadhwani as Chief Executive Officer
Founder and CEO Jyoti Bansal transitions to Executive Chairman and Chief Strategist
SAN FRANCISCO – SEPTEMBER 29, 2015 – AppDynamics, a leading application intelligence company, today announced that it has appointed David Wadhwani as chief executive officer. Wadhwani joins AppDynamics from Adobe where he was responsible for the Digital Media Business Unit, overseeing its business and product transformation to the cloud. Under his leadership, the company built a rapidly growing, multi-billion dollar subscription business targeting individuals and enterprises. Wadhwani has also held executive roles at Macromedia and product roles at Oracle.
AppDynamics was founded by Jyoti Bansal in 2008 with the vision of “Application Intelligence" to help modern enterprises go through digital transformation. Under Bansal’s leadership, AppDynamics has rapidly become one of the fastest growing enterprise software companies with nearly 850 employees and 1,600 customers. During its last fiscal year ending Jan 31, 2015, AppDynamics reported more than $150M of bookings at a more than 100% year-over-year bookings growth rate. With the addition of Wadhwani to the AppDynamics team, Bansal will continue to lead the company’s vision, strategy and innovation as Founder, Executive Chairman and Chief Strategist.
“I am thrilled to welcome David to the AppDynamics team,” said Jyoti Bansal, founder and CEO of AppDynamics. “With David as my partner focused on scaling the company, I can focus on driving the company’s vision, strategy and innovation agenda as we expand into new categories and new markets. David brings a wealth of experience in operational excellence at scale, and I couldn’t have asked for a better partner to help shape this next phase of our journey.”
David Wadhwani comes to AppDynamics from Adobe, where he was senior vice president and general manager of the digital media business unit. He led Adobe's development of solutions for content publishers and application developers and oversaw the full range of Adobe’s creative products. Wadhwani joined Adobe in 2005 from Macromedia, where he was vice president responsible for developer products. Before Macromedia, Wadhwani founded and managed iHarvest, a web content management company that was acquired by Interwoven. He also worked in business intelligence at Oracle.
“AppDynamics has a big vision, a disruptive technology platform, and an exceptional team” said David Wadhwani. “It’s uniquely positioned in a very large market. I am honored to partner with Jyoti and the rest of the team and excited to build on the incredible foundation they’ve created.”
Wadhwani is a member of the San Francisco Fine Arts Museums’ Board of Trustees and sits on the Brown University Computer Science Board of Advisors. He earned a bachelor’s degree in computer science from Brown University.
The AppDynamics Application Intelligence Platform is a comprehensive solution enabling companies and government entities to maximize business and application performance. The platform is designed and architected to help give business and government users the confidence that their applications are running at their best, to give IT personnel the operational visibility and control they need, and to give end users the great experiences they’ve come to expect and demand.
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AppDynamics is the Application Intelligence company. With AppDynamics, enterprises have real-time insights into application performance, user performance and business performance so they can move faster in an increasingly sophisticated, software-driven world. AppDynamics’ integrated suite of applications is built on its innovative, enterprise-grade App iQ Platform that enables its customers to make faster decisions that enhance customer engagement and improve operational and business performance. AppDynamics is uniquely positioned to enable enterprises to accelerate their digital transformations by actively monitoring, analyzing and optimizing complex application environments at scale.
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