Shares of Splunk ( NASDAQ: SPLK) dropped on Thursday after the data analytics software provider reported mixed fourth-quarter results. Splunk’s bottom line came up a bit short, and its guidance was well below analyst expectations.
A question we ran across in our research was “Could Splunk’s surge just be beginning?”.
The most usefull answer is, That being said, the stock is still far, far below its all-time highs — nearly 50%, in fact.
Splunk may also be an underappreciated cybersecurity play, as management noted on the conference call with analysts that cybersecurity and monitoring makes up about 50% of revenue, with the rest coming from IT infrastructure management and software application observability.
What is Splunk and how to use it?
Splunk is a software used to search and analyze machine data. This machine data can come from web applications, sensors, devices or any data created by user. It serves the needs of IT infrastructure by analyzing the logs generated in various processes but it can also analyze any structured or semi-structured data with proper data modelling.
Summary
Splunk is a software which is used for monitoring, searching, analyzing and visualizing the machine-generated data in real time. Splunk reduces troubleshooting and resolving time by offering instant results. Splunk is available in three different versions are 1)Splunk Enterprise 2) Splunk Light 3) Splunk Cloud., and more items.
Splunk at AWS Summit Splunk Inc. is an American technology company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a Web-style interface.
You might be wondering “What is Splunk used for in big data?”
Since Splunk can store and process large amounts of data, data analysts like myself started feeding big data to Splunk for analysis. Dashboards meant for visualization was a revelation and within no time Splunk was extensively used in the big data domain for analytics.
So, what is Splunk search and alerts?
Searching in Splunk involves using the indexed data for the purpose of creating metrics, predicting future trends and identifying patterns in the data. Splunk alerts can be used to trigger emails or RSS feeds when some specific criteria are found in the data being analyzed.
What is Splunk’s mission and vision?
Splunk’s mission is to make machine data accessible across an organization by identifying data patterns, providing metrics, diagnosing problems, and providing intelligence for business operations.
Splunk helped them achieve the following : Reporting health conditions in real time Delve deeper into the patient’s health record and analyze patterns Alarms / Alerts to both the doctor and patient when the patient’s health degrades.
Some disadvantages of using Splunk tool are: Splunk can prove expensive for large data volumes. Dashboards are functional but not as effective as some other monitoring tools. Its learning curve is stiff, and you need Splunk training as it’s a multi-tier architecture. So you need to spend lots of time to learn this tool.
Who is Splunk’s new CEO?
Perhaps just as important as the strong results, Splunk selected a new CEO in Gary Steele, the former founder and CEO of cybersecurity firm Proofpoint, which was acquired by private equity firm Thoma Bravo in 2021. In a press release, Steele said: “I’ve dedicated my career to helping companies around the world safeguard their data, systems and i.
Why is Splunk up 8% in morning trading?
Despite a technology sell-off on Thursday, Splunk (NASDAQ: SPLK) was surging in morning trading, up more than 8% as of 12:18 p. m. Chalk up Splunk’s surge to a positive earnings report, which was released Wednesday afternoon. In addition, Splunk has been without a full-time CEO since former chief Doug Merritt resigned in November.