Showing posts with label Splunk. Show all posts
Showing posts with label Splunk. Show all posts

Thursday, May 23, 2019

Splunk hits quarterly revenue $425 million, up 36% YoY

Splunk reported revenue of $425 million for its fiscal first quarter ended April 30, 2019, up 36% year-over-year. Software revenues were $265 million, up 54% year-over-year. There was a GAAP operating loss of $145 million and a non-GAAP operating loss of $7.8 million.

During the quarter, Splunk signed more than 400 new enterprise customers, including Brink’s, Cerner Corporation, Chipotle, City University of Hong Kong, El Corte Ingl├ęs (Spain), Entertainment One (Canada), LATAM Airlines Group (Chile), PCL Construction, Slack, SumTotal Systems, University of Alabama at Birmingham Health System, Vancouver City Savings Credit Union (Canada) and West Bend Mutual Insurance.

“Our customers are successful because they can unlock value from their growing data landscapes with the unique Splunk platform, and this is what fuels our strong performance,” said Doug Merritt, President and CEO, Splunk. “In Q1, we released Splunk Connected Experiences and Splunk Business Flow, new products that are part of our vision to take Splunk beyond IT and security and to bring our customers closer to their data. These products further differentiate Splunk as we strive to bring data to every question, every decision and every outcome for any organization.”

Monday, June 11, 2018

Splunk to acquire VictorOps for DevOps incident mgt - $120M

Splunk agreed to acquire VictorOps, which offers in DevOps incident management software, for approximately $120 million.

VictorOps, which is based in Boulder, Colorado, offers incident management software that features automated alerting, centralized information, and essential documentation.

“The combination of machine data analytics and artificial intelligence from Splunk with incident management from VictorOps creates a ‘Platform of Engagement’ that will help modern development teams innovate faster and deliver better customer experiences,” said Doug Merritt, President and CEO, Splunk. “This gives on-call technical staff an analytics-driven platform to monitor issues, resolve incidents and continuously improve. We are thrilled to welcome the VictorOps team to the Splunk family as we extend Splunk’s vision of using data as the backbone of IT.”

“We founded VictorOps to give teams a naturally collaborative way to quickly resolve incidents,” said Todd Vernon, CEO, VictorOps. “By combining VictorOps incident management capabilities and the Splunk platform, organizations will be able to quickly resolve and even help prevent issues that degrade customer engagement. We look forward to joining Splunk and working together to help solve these complex challenges facing every Development and DevOps team.”

Sunday, August 27, 2017

Splunk's sales continue to rise - up 32% yoy

Splunk reported solid sales growth for its fiscal second quarter ended July 31, 2017, with total revenues rising to $280.0 million, up 32% year-over-year. Total billings were $303.4 million, up 32% year-over-year. There was a GAAP operating loss of $82.1 million; GAAP operating margin was negative 29.3%.

Some highlights:
  • Signed over 500 new customers.
  • Announced Splunk Insights for AWS Cloud Monitoring
  • Introduced Splunk Insights for Ransomware, a new offering that delivers organizations an analytics solution to manage ransomware threats.
  • Released new versions of Splunk Enterprise 6.6 and Splunk Cloud to make it easier than ever for a wide range of users to leverage datasets, build dashboards, gain answers and share insights.
  • Released the latest version of Splunk Enterprise Security (ES) 4.7 to improve investigation efficiency and incident response, as well as provide insight from common SaaS applications.
  • Splunk and Booz Allen Hamilton announced a private beta of Booz Allen Cyber4Sight for Splunk, a new solution designed to empower security analysts and threat hunters with actionable  intelligence.
  • Released new version of the Splunk Add-on for Microsoft Cloud Services in Splunkbase, which gives Splunk administrators the ability to collect events from various Microsoft Cloud Services APIs.

“I am pleased with the solid sales execution in Q2, particularly our results in EMEA,” said Doug Merritt, President and CEO, Splunk.

http://www.splunk.com

Tuesday, June 21, 2016

Splunk Delivers Analytics for Docker Environments

Splunk is adding support for Docker environments to its Operational Intelligence platform.

Splunk will now be able to provide insight into metrics and events on Docker containers, as well insight into administrative changes by consuming and analyzing data from Docker Universal Control Plane.

http://www.splunk.com/containers

Tuesday, March 1, 2016

Splunk Leads Adaptive Response Initiative

Splunk is spearheading an Adaptive Response Initiative to connect with a community of best-of-breed security vendors to improve cyber defense strategies and security operations. The idea is to combine alert and threat information from multiple security domains and technologies.

Splunk said this collective insight enables security teams to make better-informed decisions across the entire kill chain, especially when validating threats and applying analytics-driven response directives to their security environment.

Founding participants of the Adaptive Response Initiative include Carbon Black, CyberArk, Fortinet, Palo Alto Networks, Phantom, Splunk, Tanium, ThreatConnect and Ziften.

“The mission of the Adaptive Response Initiative is to bring together the best technologies across the security industry to help organizations combat advanced attacks,” said Haiyan Song, senior vice president of security markets, Splunk. “Modern cyber threats are dynamic, and attackers are constantly finding new ways to get in and exploit networks and systems. This new challenge goes well beyond preventing individual stages of an attack. Adaptive Response aims to more effectively connect intelligence across best-of-breed technologies to help organizations improve their security posture, quickly validate threats, and systematically disrupt the kill chain.”

http://www.splunk.com

Friday, November 20, 2015

Splunk's CEO Steps Down

Godfrey Sullivan, the Splunk's President and CEO, has stepped down and been replaced by Doug Merritt, who previously served as the Company’s Senior Vice President, Field Operations.  Sullivan will remain on the Board and serve as non-executive Board Chair.  Prior to joining Splunk, Merritt served as Senior Vice President of Products and Solutions Marketing at Cisco Systems, Inc., a networking company, from 2012 to 2014. From 2011 to 2012, he served as Chief Executive Officer of Baynote, Inc., a behavioral personalization and marketing technology company.

“Since joining Splunk in 2008, Godfrey has been an outstanding and inspirational leader, growing the Company from 750 customers and $18 million of annual revenue to over 10,000 customers and trailing 12 month revenues of nearly $600 million,” said John Connors, lead independent director.

http://www.splunk.com

Thursday, November 21, 2013

Splunk Sees 51% YoY Sales Growth for Analytics

Splunk posted quarterly revenue of $78.6 million, up 51% year-over-year, for its software platform for real-time operational intelligence.

“We are pleased to welcome a record number of new customers to Splunk this quarter,” said Godfrey Sullivan, Chairman and CEO, Splunk. “There is tremendous value to be found in machine data. As a result, more customers are adopting Splunk software as their enterprise standard. We expanded our product portfolio this quarter with the release of Splunk Enterprise 6, Splunk Cloud and Hunk: Splunk Analytics for Hadoop, providing more power, functionality and flexibility for our customers.”

http://www.splunk.com

Monday, September 16, 2013

Splunk to Acquire BugSense for Mobile App Analytics

Splunk, which provides software for real-time operational intelligence, agreed to acquire BugSense, a start-up providing an analytics solution for machine data generated by mobile devices. Financial terms were not disclosed.

Founded in 2011, BugSense provides developers and users rich analytics across a wide variety of use cases including mobile app performance, app quality, troubleshooting and usage based on data from mobile devices. BugSense supports all major mobile platforms, including Android, iOS and Windows Phone, via its mobile software development kits (SDKs). Today, BugSense enables users to analyze data from hundreds of millions of mobile devices through a highly scalable cloud platform.

Splunk software enables organizations to monitor, search, analyze, visualize and act on massive streams of real-time and historical machine data.

“Enterprise applications and IT investments are increasingly shifting to mobile, making it an important source of data for operational intelligence,” said Godfrey Sullivan, Chairman and CEO, Splunk. “BugSense has a strong mobile development team and is an exciting addition to our product portfolio. Our goal is to make it easier for customers to gain insights from machine data generated by mobile devices, along with other machine-generated data, across Splunk’s core use cases in IT operations, security, application management and business analytics.”

http://www.splunk.com/company
https://www.bugsense.com/

See also