I've been using NewRelic for a while now, and it's a great product. But, I don't see many moats around the business model. There's nothing preventing other co

I've been using NewRelic for a while now, and it's a great product. But, I don't see many moats around the business model. There's nothing preventing other competitors from popping up and taking market share. The cost of switching is equivalent to the cost of installing a competitor's system of perf measurement which shouldn't be very high. If I were to guess, I'd say this is a competitive market.