New Relic , the all-in-one observability platform for every engineer, announced the appointment of Prasad Rai to the role of Vice President Sales for India. Rai is responsible for leading New Relic India’s high-performing sales teams as they continue to grow the company’s footprint across key verticals including ecommerce, media and financial services, while deepening engagements with new and existing customers through new use cases and collaborative innovation.
Rai has over two decades of sales and leadership experience in the technology industry across India and Asia Pacific. Most recently, Rai was Vice President, Global Strategic Clients Group at Oracle India, where he was responsible for the stewardship of key enterprise customers across the entire range of products and services from Oracle and rapidly scaling its cloud presence across the company’s SaaS, IaaS & PaaS offerings.
“India is home to a significant number of the world’s developers and is currently ranked fifth globally in GDP rankings for 2023, creating a massive opportunity for growth. Prasad is positioned to help the India team capitalise on this opportunity by supporting our customers in the subcontinent at every stage of their observability journey,” said New Relic Senior Vice President Kris Day. “We are delighted to have Prasad join the team and share his wide-ranging experience from India and the Asia Pacific region to support New Relic as it continues to deliver exceptional customer value.”
The New Relic observability platform enables organisations to achieve greater scale and efficiency, improve uptime and performance, and accelerate time to market to deliver excellent customer experiences. Rai’s appointment marks the continuation of significant investments from New Relic in India, following the opening of new offices last year in Bengaluru and Hyderabad, as well as the continued partnership with key Indian customers including BigBasket, Capillary Technologies, HealthifyMe and Open Financial Technologies.
“The combination of a growing cloud market and the outstanding reputation of the New Relic suite of all-in-one observability products represents a prime opportunity for the India market,” said New Relic Vice President Sales for India Prasad Rai. “I am thrilled to join the New Relic team and look forward to overseeing the continued implementation of cohesive observability strategies for our customers, while simultaneously supporting our incredible team to further strengthen our position in the observability space.”
According to the New Relic 2023 Observability Forecast report, Indian organisations had strong levels of observability adoption, received considerable value from their investments, and reported high observability advocacy across all roles, including the C-suite. The importance of observability in India was also evident in Gartner’s Top Strategic Technology Trends for 2023 report, which lists Applied Observability as the second most important trend for 2023.
Rai’s appointment is effective immediately and follows the announcement of recent product innovations for New Relic, including Session Replay and Interactive Application Security Testing. Read more about these products at newrelic.com.