Sumo Logic provides cloud monitoring, log management, cloud SEIM tools, and real-time insights for web and SaaS based applications. They help companies monitor, troubleshoot, and secure applications in a single SaaS analytics platform. The platform is priced based on the volume of data ingested and retained per day, and the level of functionality required. Most customers are on an annual plan and commit to a number of credits to be utilized over 12 months. Changing log management is challenging and most companies become deeply integrated with Sumo Logic which would require a significant amount of time and resources to transition to a different solution. Sumo Logic was acquired by global investment firm, Francisco Partners for $1.7B in May ‘23.
Sumo Logic is industry’s leading, secure, cloud-based service for logs & metrics management for modern apps, providing real-time analytics and insights.
Supplier | Sumo Logic | |
---|---|---|
Median Contract Value | $76,583 | $64,754 |
Deals handled | 112 | 15 |
Unique Purchasers | 73 | 11 |
Avg Savings | 14.53% | - |