Our entire team, as well as the passion of our customers. Delivering a virtual event with this level of engagement is a testament to the dedication and ingenuity of Our annual user conference in 2021 to learn how they can accelerate their own innovation, strengthen their security posture andīolster resilience. More than 20,000 customers and partners joined Program received a 5-star rating in the 2022 CRN Partner Program Guide, important validation of its strength and value. In addition, our recently announced Splunk Partnerverse To develop solutions and services that create even more value for customers. Splunk’s Partner Network taps more than 2,400 partners using our platform Innovation and customer focus to the broader market. Our entire team is working hard to bring Splunk’s
#Splunk inc driver#
To serve as a key driver of our customers’ business resilience. We continue to invest aggressively in observability solutions GigaOm Radar for Application Performance Monitoring Report for 2021. The observability market has been increasingly recognized, including being named a Leader and one of only two Fast Movers in the Solutions have become essential in a hybrid, multi-cloud technology landscape. We’ve also seen how quickly observability Security content needed to address fast-moving and high-profile threats for our customers and the broader cybersecurity community. Our security experts from our threat research and SURGe teams provide the necessary situational awareness and And, we’re continuing to innovate and invest in security analytics and orchestration solutions necessaryįor modern security operations, including integrated threat intelligence, innovative Risk-Based Alerting technology, and visual Was a leader in the Gartner Security Information and Event Management Magic Quadrant, highlighting the power and durability of In 2021, for the eighth consecutive year, Splunk Our own global research found that nearly two-thirds of organizations are facing more attacks than ever,Īnd 49% of organizations suffered a data breach in the past two years (up from 39% a year ago). In a turbulentĪnd complex geopolitical landscape, with the war in Ukraine as the most recent example, we are on high alert to support our customersĪnd their security needs. The value we provide for our customers and partners has never been more evident, nor has it ever been more necessary, and we’llĬontinue to add growth and product differentiation to a foundation built on two decades of innovation and leadership.Īfter founding and leading a cybersecurity businessįor nearly 20 years, I see an amazing opportunity to further strengthen Splunk’s position within security. Value for our customers and stockholders, we’ll hold true to our deep customer centrism and laser focus on product innovation. I’m incredibly proud of Splunkers for achieving such strong results for our customers and business.Īs Splunk looks to the future to continue delivering I’m also pleased to report that our cloud-first business model transformation is nearing completion. We grew totalĪRR to over $3 billion, up 32% year-over-year with our cloud revenue growing 70% to $944 million.
And I’m deeplyĬommitted to delivering even more customer success to our ever-expanding market. To build upon Splunk’s incredibly strong legacy of innovation, growth and hard-won industry leadership. With more than 35 years in tech, I’m excited Graham Smith, for their thoughtful, driven leadership in bringing Splunk’s products and vision to our customers around the I’m grateful to my predecessors Godfrey Sullivan and Doug Merritt, our company founders and our Board Chair,
#Splunk inc software#
Other enterprise software stocks also saw strong gains on Thursday, including Salesforce ( CRM), Hubspot ( HUBS) and Snowflake ( SNOW), among others.It was my honor to become Splunk’s CEO inĪpril 2022. Oracle ( ORCL) shares gained more than 3% on Thursday, adding to gains seen earlier in the week. Oracle ( ORCL) CTO and founder Larry Ellison said Oracle’s Gen2 Cloud has become "the number one choice for running Generative AI workloads."
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Last month, Splunk topped first-quarter estimates and guidance for the upcoming period.Įarlier in the week, Oracle ( ORCL) reported fourth-quarter results that beat expectations, aided by strong results in cloud services and license support revenue. San Francisco-based Splunk ( SPLK) builds software for searching, monitoring, and analyzing machine-generated data. EST, more than 2M shares of Splunk ( SPLK ) changed hands, more than the average daily volume of just under 1.5M.
Splunk ( NASDAQ: SPLK) shares rose more than 7% on Thursday, buoyed by investor optimism that the Federal Reserve will engineer a soft landing and investors continuing to buy stocks related to artificial intelligence. David Tran/iStock Editorial via Getty Images
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