Shares of Datadog (NASDAQ: DDOG) have popped today, up by 10% as of 1:15 p.m. EDT, following speculation that salesforce.com (NYSE: CRM) is trying to acquire the company. Rumors suggest that Salesforce made an all-stock offer to purchase Datadog in a deal valued over $20 billion.
Full Answer
How does Datadog work with Salesforce Orgs?
Once you’ve connected your Salesforce org to Datadog, Datadog will begin ingesting your Salesforce event logs and automatically parse out key information so you can search, filter, and analyze event attributes.
How can I monitor and detect threats across my Salesforce platform?
Leverage the Datadog Security Platform to monitor and detect threats across your Salesforce Platform. Monitor your Salesforce API usage to ensure you’re operating under API limits. No installation is required.
What is visibility in Salesforce and why is it important?
Visibility into your Salesforce environment is crucial for keeping your data secure and ensuring a seamless user experience.
How do I crawl a Salesforce event in Salesforce?
On the Event Manager page, for each event you want to crawl, click the right arrow and choose “Enable Storage”. Click Connect a Salesforce org on the Configuration tab of the Salesforce integration tile. This redirects you to log into your Salesforce account and grant Datadog access permissions.
Does salesforce use Datadog?
Datadog partners with Salesforce to provide visibility into user, platform and API activity to enable more resilient and secure customer experiences. NEW YORK – Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced its integration with the Salesforce platform.
What is the future of Datadog?
Accelerating revenue growth (in 2021) For the first quarter of 2022, Datadog expects its revenue to rise 68%-70% year over year, which easily tops analysts' expectations for 54% growth. For the full year, it expects its revenue to grow 47%-49%.
Is Datadog a good stock to buy now?
Summary. Datadog is tech stock royalty: it is profitable, sustaining high growth, and constantly beats guidance. This has resulted in a premium multiple, but the recent slide has finally made the stock buyable. Datadog is a top dog in the data observability market.
Is Datadog making money?
Datadog just reported its Q1 FY22 performance and it was a blowout. All metrics are best-of-breed: 130%+ net revenue retention, 95%+ gross retention, high sales efficiency, and exceptional customer growth. The business is already profitable and printing money with a 36% free cash flow margin to fuel future growth.
How fast is Datadog growing?
Datadog expects its revenue to grow 47% to 49% in 2022, while analysts anticipate 49% growth in 2022 and 37% growth in 2023. Those estimates don't factor in any potential acquisitions. Meanwhile, the global cloud analytics market could expand at a compound annual growth rate (CAGR) of 20.7% between 2021 and 2028.
Is Datadog an industry leader?
Datadog Named a Leader in the 2021 Gartner Magic Quadrant for Application Performance Monitoring | Datadog.
Is Datadog a buy 2022?
Is Datadog Stock a good buy in 2022, according to Wall Street analysts? The consensus among 17 Wall Street analysts covering (NASDAQ: DDOG) stock is to Strong Buy DDOG stock.
Should I sell Datadog?
There are currently 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Datadog stock.
Does Datadog pay dividends?
DDOG Datadog, Inc. DDOG does not currently pay a dividend.
Is Datadog a Chinese company?
New York City, New York, U.S.
Why buy Datadog?
Datadog's prospects are strong for both the near and long term, BTIG believes. The security-software company Datadog stands to benefit from increased investments in e-commerce and remote work, according to BTIG analyst Gray Powell, who began coverage of the stock with a Buy rating.
Why invest in DDOG?
The financial health and growth prospects of DDOG, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
How to configure Salesforce to send data to Datadog?
To configure Salesforce to send data to Datadog, you need to have access to Salesforce Event Monitoring, enable storage on your Salesforce events, and to connect your Salesforce org to Datadog.
How long does it take to see logs coming in from source salesforce?
Wait five minutes to see logs coming in under the source salesforce.
Does Salesforce include service checks?
The Salesforce integration does not include any service checks.
Life Sciences Software Stock Offered Early Entry
Veeva Systems stock rose 6.7% to 294.12 on Friday. The official buy point is 298.86 from a flat base. But the life sciences software maker offered some early entries, including a recent bounce off its 50-day line. On Thursday, shares cleared a 287.28 handle-like entry.
Datadog Stock
Friday's IBD Stock Of The Day jumped 8.9% on Friday to 111.79. That pushed Datadog stock above the top of its mini-consolidation, offering a new 109.70 buy point. That recent pause came just above a prior base with an official buy point of 99.09, according to MarketSmith analysis.
Salesforce Stock
Salesforce stock, a Long-Term Leader and on SwingTrader, rose 7.3% to 265.98 last week. Shares of the company, which makes software intended to improve businesses' interactions with customers, reached a high of 284.50 last month.
ServiceNow Stock
ServiceNow stock climbed 3.1% to 508.61 last week, with nearly all of the gain on Friday. NOW is now in a buy zone, rising past a 501.92 entry of a pattern resembling a flat base. The stock got a lift off its 50-day line last month, offering an early entry.
Cloudflare Stock
Cloudflare stock rallied 11% last week to 46.35. Friday's 6.8% surge pushed shares above a 45.38 buy point from a cup base.
How does Datadog work?
In this post, we’ll show how Datadog enables you to monitor, analyze, and alert on key types of Salesforce events, including: 1 user activity, such as user authentication events 2 platform access activity, including API calls and resource creations and deletions 3 security logs that track anomalous activity within your Salesforce application
Why is Datadog important?
Along with user activity, it’s important to have visibility into how users are accessing your Salesforce resources. Datadog lets you track and visualize key activity across your Salesforce resources, like which entities users are viewing or querying the most.
What is Salesforce event?
Salesforce events contain detailed information on user actions including logins ( LoginEvent ), logouts ( LogoutEvent ), identity verification ( IdentityVerificationEvent ), and delegated logins by SFDC admins ( LoginAsEvent ). Datadog’s processing pipeline parses the JSON-formatted logs to extract attributes like the ID of the user, their IP address, and the Salesforce entity that they accessed. Inside the Log Explorer you can query and filter your Salesforce logs using any of these attributes to spot suspicious trends and anomalies. For instance, you could visualize user login events by location to easily see if any are originating from an unexpected location. Or, by visualizing login attempts by user ID, you can easily determine if there are particular users with many failed login attempts.
How does Salesforce generate events?
Salesforce generates events when it detects common security threats and vulnerabilities such as session highjacking and anomalous user activity. In Datadog, you can create Threat Detection Rules to generate a security signal as soon as Datadog receives any of these events.
Why does Salesforce log session highjacking?
For instance, Salesforce logs a SessionHighjackingEvent when it detects a possible successful “Man in the Browser” attack, which is when an attacker compromises a user’s browser to obtain their session token and collect sensitive data. Below, we’ve created a rule to trigger when a log containing the evt.name:SessionHijackingEvent attribute appears in Datadog. Since the event log includes the user session ID, you can easily see which session needs to be investigated, and filter for it in the Log Explorer to see which resources were accessed around the time of the attack.
What is Salesforce event monitoring?
Salesforce’s real-time event monitoring records all user actions that occur within your application. Once you’ve connected your Salesforce org to Datadog, Datadog will begin ingesting your Salesforce event logs and automatically parse out key information so you can search, filter, and analyze event attributes. Salesforce data will populate an out-of-the-box dashboard, which you can use to visualize Salesforce activity without any further configuration. You can clone the dashboard to customize and add widgets depending on your needs.
There are unconfirmed rumors that Salesforce may be looking to scoop up the analytics specialist
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
What happened
Shares of Datadog ( NASDAQ:DDOG) have popped today, up by 10% as of 1:15 p.m. EDT, following speculation that salesforce.com ( NYSE:CRM) is trying to acquire the company. Rumors suggest that Salesforce made an all-stock offer to purchase Datadog in a deal valued over $20 billion.
So what
The unconfirmed rumors have credibility for a number of reasons. Datadog's market cap is currently around $25 billion, so any potential acquisition would be worth over $20 billion. At the same time, Salesforce is extremely acquisitive, having scooped up 63 other companies throughout its history, according to Crunchbase.
Now what
Salesforce has been scooping up all sorts of tech companies in recent years, oftentimes in all-stock transactions that allow it to capitalize on its lofty valuation without having to use cash.
What is threat detection in Salesforce?
Threat Detection: leverage pre-built detection rules to proactively identify, and respond to, suspicious behavior in your Salesforce org, such as anomalous record exports or login attempts from disabled accounts.
What is forward looking statement?
Forward-Looking Statements. This press release may include certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended.
Endorsed by Salesforce
A Salesforce representative endorsed the new Datadog integration in the same press release. “I am excited about this new partnership with Datadog and Salesforce Event Monitoring,” said Amanda Grady, Senior Director, Salesforce Product Management.
Datadog Ready for Purchase
The new Datadog Salesforce integration is ready to go. For more information check out this complete blog posting with free trial information at the end.
Security Dashboard
Salesforce already produces most of the logs and metrics needed to monitor access and other security concerns. The problem is coalescing the data and making sense of it all. That is where Datadog’s APM platform comes into play. With the new Salesforce integration, Datadog users may now ingest Salesforce logs and metrics in real time.
More Salesforce Observability is Needed
APM and other forms of ingesting log files and metrics for analysis may be lumped into a general category which I call “observability.” In Salesforce devops, observability also refers to metrics that get emitted from the devops process, like those defined by the DevOps Research & Assessment (DORA) project.
