Data centre transformation services provider LogicMonitor says it has exceeded $300m in annual recurring revenue (ARR), and customers generating over $100,000 in ARR have grown more than 25% year-over-year, and now represent 80% of total ARR.
Building on this growth, LogicMonitor has appointed Garth Fort as chief product officer. Fort, formerly SVP and CPO at Splunk, brings deep expertise in cloud and AI transformation, having helped scale Splunk into a $4.2 billion business. He has also held senior leadership roles at AWS and Microsoft.
In his new role, Fort will lead product strategy and execution, accelerating innovation across LogicMonitor’s LM Envision platform, and advancing its play in AI-powered observability and AIOps through its AI agent, Edwin AI.
Edwin AI, launched a year ago, is said to have contributed “meaningfully” to top-line acceleration and broader platform adoption.
“Garth’s appointment represents our continued, strategic investment in product leadership at the intersection of agentic AIOps and hybrid observability,” said Christina Kosmowski, CEO of LogicMonitor. “Garth brings the pedigree and operational excellence to accelerate and execute our roadmap, and unlock more value for our customers and partners. Our goal is to reduce unplanned downtime by 50%, and empower customers with foresight, not hindsight.”
“LogicMonitor is uniquely positioned to lead the next era of AI-driven observability and IT operations at a time of massive data centre transformation,” said Fort. “The increased demands created by rapid adoption of AI are driving unprecedented complexity across hybrid and multi-cloud environments. We are building an observability platform that doesn’t just monitor across physical and cloud data centres - it will foresee and adapt in real time.”
