SolarWinds Corporation Common Stock (SWI)
Frequently Asked Questions About SolarWinds Corporation Common Stock (SWI)
How does SolarWinds contribute to corporate social responsibility?
SolarWinds actively engages in corporate social responsibility initiatives focused on giving back to the community. The company is involved in various charitable efforts, including supporting education and technology initiatives, encouraging employee volunteerism, and promoting environmental sustainability. Through these actions, SolarWinds aims to make a positive impact on society while fostering a culture of social responsibility within its workforce.
How does SolarWinds ensure software security?
SolarWinds emphasizes security through a rigorous development process and by implementing best practices around software design and deployment. They maintain a dedicated security team that monitors vulnerabilities and responds to security incidents promptly. Additionally, SolarWinds has adopted measures such as product encryption, access control, and ongoing security assessments to protect customer data and IT environments.
How has SolarWinds responded to the cyberattack?
In response to the cyberattack, SolarWinds took extensive measures to enhance its cybersecurity infrastructure. The company implemented robust security updates, expanded its security team, and engaged external experts to conduct thorough assessments of their systems. Moreover, SolarWinds committed to transparency with its customers and stakeholders, sharing information about the incident and the steps taken to mitigate risks moving forward.
Is SolarWinds publicly traded?
Yes, SolarWinds Corporation is publicly traded on the New York Stock Exchange under the ticker symbol SWI. The company went public in 2018 following its initial public offering (IPO), which allowed it to raise capital to support continued growth and product development in the competitive IT management sector.
What are SolarWinds' core values?
SolarWinds' core values revolve around transparency, community, and continuous improvement. The company emphasizes open communication with its customers and stakeholders and fosters collaboration within its community of users. Through a commitment to excellence and adaptability, SolarWinds strives to provide innovative solutions that drive efficiency and effectiveness in IT management.
What are the primary products offered by SolarWinds?
SolarWinds offers a diverse range of products, with a focus on network performance monitoring, systems management, application performance management, and database management. Some of their key products include SolarWinds Orion Platform, SolarWinds Network Performance Monitor, Server & Application Monitor, and Database Performance Analyzer, among many others. These tools help IT professionals diagnose issues and optimize performance across their organizations.
What are the recent developments or initiatives from SolarWinds?
SolarWinds continuously invests in product enhancements and new offerings to meet the evolving demands of the IT marketplace. Recent initiatives include a focus on cloud-native solutions, automation, and integration capabilities, as well as enhancing user experience through simplified interfaces and enhanced analytics. Additionally, the company has actively engaged in community-building efforts, providing resources and knowledge sharing for IT professionals.
What does SolarWinds Corporation do?
SolarWinds Corporation is a leading provider of IT management software designed for businesses of all sizes. The company's comprehensive suite of products helps organizations manage and optimize their IT environments, enabling them to enhance operational efficiency and reduce troubleshooting time. Their solutions encompass network management, system monitoring, database performance, security, and IT asset management.
What financial performance metrics are important for SolarWinds investors?
Investors in SolarWinds typically assess financial performance through key metrics such as revenue growth, profitability margins, cash flow generation, and customer retention rates. Other indicators include market share trends, product diversity, and strategic partnerships that could enhance future growth. Understanding these metrics helps investors gauge the company's health and potential for long-term success in the competitive IT management landscape.
What is SolarWinds' approach to customer support?
SolarWinds prioritizes customer support by providing multiple channels for assistance, including a knowledge base, community forums, live chat, and phone support. They aim to empower IT professionals by offering training resources, extensive documentation, and active community engagement to address customer inquiries and challenges. Their goal is to create a supportive environment that helps users optimize their experience with SolarWinds products.
What is SolarWinds' target market?
SolarWinds primarily targets IT departments and professionals across a wide range of industries, including education, healthcare, finance, and government. Their software solutions are designed to cater to organizations of various sizes, from small businesses needing basic network management tools to large enterprises requiring complex, integrated IT management systems.
What is the outlook for SolarWinds in the future?
The outlook for SolarWinds appears positive as demand for IT management solutions continues to grow amid increasing digital transformation across various industries. The company's commitment to innovation, combined with its strong customer support, positions it well to capitalize on emerging opportunities in cloud computing, cybersecurity, and automation. As a result, SolarWinds is likely to maintain its focus on driving growth and providing valuable solutions for its customer base.
What is the SolarWinds Community?
The SolarWinds Community is an online platform that connects IT professionals who use SolarWinds products. The community serves as a space for users to access resources, share best practices, and engage in discussions about industry trends and challenges. Participants can exchange ideas, troubleshoot common issues, and collaborate on solutions, creating a supportive environment for growth and learning.
What is the SolarWinds Orion Platform?
The SolarWinds Orion Platform is a powerful framework that enables users to manage and monitor their IT infrastructure from a single, unified interface. It integrates various SolarWinds products, allowing for comprehensive visibility into network performance, systems health, and application monitoring. The Orion Platform is designed to help IT professionals troubleshoot issues quickly and optimize resource utilization across their environments.
What led to the SolarWinds cyberattack in 2020?
In December 2020, SolarWinds experienced a significant cybersecurity breach attributed to a sophisticated supply chain attack. Attackers infiltrated the company's systems and injected malicious code into a software update for its Orion Platform. This incident impacted numerous organizations globally, highlighting vulnerabilities in software supply chains and prompting SolarWinds to enhance its security practices and response protocols.
What types of customers use SolarWinds products?
SolarWinds products are utilized by a diverse range of customers, including IT professionals, system administrators, and organizations of all sizes. Their customer base spans numerous sectors such as education, healthcare, government, finance, and technology, with users benefiting from the products in both on-premise and cloud environments.
When was SolarWinds founded?
SolarWinds was founded in 1999 by SWI co-founders, Donald Yonce and Vishal Rao. The company initially focused on providing network management tools, and over the years, it has expanded its product offerings to cater to a wider range of IT management needs, evolving into a major player in the IT software market.
Where is SolarWinds headquartered?
SolarWinds is headquartered in Austin, Texas. The company has established its presence in the heart of the tech industry, allowing it to attract top talent and foster innovation within the rapidly evolving field of IT management software.
Who are the competitors of SolarWinds?
SolarWinds competes with various companies in the IT management software sector, including established firms like Microsoft, IBM, CA Technologies, and BMC Software. Other notable competitors include ServiceNow and Splunk, along with newer entrants that offer cloud-based IT management solutions. The competitive landscape is dynamic, with each company striving to innovate and meet the evolving needs of IT professionals.
What is the current price of SolarWinds Corporation Common Stock?
The current price of SolarWinds Corporation Common Stock is 18.37
When was SolarWinds Corporation Common Stock last traded?
The last trade of SolarWinds Corporation Common Stock was at 1:34 pm EDT on April 4th, 2025
What is the market capitalization of SolarWinds Corporation Common Stock?
The market capitalization of SolarWinds Corporation Common Stock is 2.90B
How many shares of SolarWinds Corporation Common Stock are outstanding?
SolarWinds Corporation Common Stock has 158.02M shares outstanding.