Investors have a big appetite for Big Data. Splunk, which helps companies turn data into usable information via A.I. and machine learning, has seen its stock rise an impressive 108% since its low in March. The company, which counts 91 of the Fortune 100 as clients, recently conducted a survey that found 57% of respondents fear that the volume of data is growing faster than their organizations’ ability to keep up. No wonder Splunk’s annual recurring revenue from its cloud subscription business was up 89% in the most recent fiscal quarter.
- ConferencesHow Vimeo, Electronic Arts, and Splunk used tech to bolster connections during lockdownsOctober 14, 2021 7:00 PM UTC
- TechBarack Obama Speaks Out on Climate Change, Income Inequality, and the Downside of Social MediaSeptember 18, 2019 10:22 PM UTC
- CommentaryThere’s an Exciting Tech Company IPO This Week–and it’s Not UberApril 11, 2019 5:18 PM UTC
- TechData Sheet—There’s an Exciting Tech Company IPO This Week–and it’s Not UberApril 11, 2019 12:41 PM UTC
- TechSplunk to Acquire Software Problem-Solver VictorOps for $120 MillionJune 11, 2018 12:37 PM UTC