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Splunk

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Splunk Inc.
Company typePublic
Nasdaq: SPLK
Founded2003 (2003)
FoundersMichael Baum, Rob Das and Erik Swan
HeadquartersSan Francisco, California, United States
Key people
  • Michael Baum (founding CEO)
  • Rob Das (co founder)
  • Erik Swan (co founder)
  • Doug Merritt (CEO and President)
ProductsSplunk Enterprise, Splunk Light, Splunk Cloud
RevenueUS$949.95 million (2016)
Number of employees
2800 (2016)
Websitesplunk.com

Splunk is an American multinational corporation based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated big data, via a Web-style interface.[1]

Splunk (the product) captures, indexes, and correlates real-time data in a searchable repository from which it can generate graphs, reports, alerts, dashboards, and visualizations.[2][3]

Splunk's mission is to make machine data accessible across an organization by identifying data patterns,[4] providing metrics, diagnosing problems, and providing intelligence for business operations. Splunk is a horizontal technology used for application management, security and compliance, as well as business and Web analytics.[1] As of early 2016, Splunk has over 10,000 customers worldwide.[5]

Splunk is based in San Francisco, with regional operations across Europe, the Middle East, Africa, Asia, and Australia.[6]

History

Michael Baum, Rob Das and Erik Swan co-founded Splunk Inc in 2003.[7] Venture firms August Capital, Seven Rosen, Ignition Partners and JK&B Capital backed the company.

By 2007 Splunk had raised US$40 million;[8] it became profitable in 2009.[9] In 2012 Splunk had its initial public offering, trading under NASDAQ symbol SPLK.[10]

In September 2013 the company acquired Bugsense, a mobile-device data-analytics company.[11] Bugsense provides "a mobile analytics platform used by developers to improve app performance and improve quality". It supplied a "software developer kit" to give developers access to data analytics from mobile devices that it managed from its scalable cloud platform.[12] The acquisition amount was undisclosed.

In July 2015 Splunk acquired Caspida, a cybersecurity startup, for US$190 million.[13]

In October 2015 Splunk sealed a "cybersecurity alliance" with U.S. government security contractor Booz Allen Hamilton Inc. to offer combined cyberthreat detection and intelligence-analysis technology.[14]

In 2016, Splunk pledged to donate $100 million in software and support for nonprofits and schools over a 10-year period.[15]

According to Glassdoor, it is the fourth highest-paying company for employees in the United States as of April 2017.[16] In October 2017, Splunk acquired certain technology and intellectual property assets from smaller rival Rocana.[17]

Products

Splunk's core offering collects and analyzes high volumes of machine-generated data. It uses a standard API to connect directly to applications and devices.[18] It was developed in response to the demand for comprehensible and actionable data reporting for executives outside a company's IT department.[19][20]

Splunk Enterprise Security (ES) is a security information and event management (SIEM) solution that provides insight into machine data generated from security technologies such as network, endpoint, access, malware, vulnerability and identity information. Its a premium application that is licensed independently from Splunk core.

In 2011, Splunk released Splunk Storm, a cloud-based version of the core Splunk product. Splunk Storm offered a turnkey, managed and hosted service for machine data.[21] In 2013, Splunk announced that Splunk Storm would become a completely free service and expanded its cloud offering with Splunk Cloud.[22] In 2015, Splunk shut down Splunk Storm.[23]

In 2013, Splunk announced a product called Hunk: Splunk Analytics for Hadoop, which supports accessing, searching, and reporting on external data sets located in Hadoop from a Splunk interface.[24]

In 2015, Splunk announced a Light version of the core Splunk product, aimed at smaller IT-environments and mid-sized enterprises.[25] Splunk debuted Splunk IT Service Intelligence (ITSI) in September 2015. ITSI leverages Splunk data to provide visibility into IT performance. Software analytics can detect unusual behavior and determine its causes and the areas it affects.[26]

In 2016, Google announced its cloud platform will integrate with Splunk to expand in areas like IT ops, security, and compliance.[27] The company also announced additional machine learning capabilities for several of its major product offerings, which are installed on top of the platform.[28][29]

In 2017, Splunk introduced Splunk Insights for ransomware, an analytics tool for assessing and investigating potential threats by ingesting event logs from multiple sources. The software is targeted toward smaller organizations like universities.[30][31] The company also launched Splunk Insights for AWS Cloud Monitoring, a service to facilitate enterprises' migration to Amazon Web Services' cloud.[32]

Splunkbase

Splunkbase

Splunkbase is a community hosted by Splunk where users can go to find apps and add-ons for Splunk which can improve the functionality and usefulness of Splunk, as well as provide a quick and easy interface for specific use-cases and/or vendor products.

Splunk apps and add-ons can be developed by anyone, including Splunk themselves.[33]

Integrations on Splunkbase include the Splunk App for New Relic[34], the ForeScout Extended Module for Splunk[35], and Splunk App for AWS.[36]

See also

References

  1. ^ a b "How Splunk Is Riding IT Search Toward an IPO — Tech News and Analysis". Gigaom.com. 2010-12-17. Retrieved 2013-04-22.
  2. ^ Start-Ups Aim to Help Tame Corporate Data, Pui-Wing Tam, Wall Street Journal, September 08, 2009
  3. ^ Woods, Dan (2011-01-06). "Business Intelligence and the Data Center". citoresearch.com. Archived from the original on 2012-03-20. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ Central, CIO (2010-12-15). "How CIOs Should Be Helping Marketers". Forbes.
  5. ^ "Splunk Inc. Announces Fiscal Third Quarter 2016 Financial Results". Splunk. 2015-11-19. Retrieved 2016-03-08.
  6. ^ Withers, Stephen (12 December 2016). "Splunk opens new Melbourne HQ". iTWire. Retrieved 5 April 2017.
  7. ^ Data Center Search Party: ComputerWorld
  8. ^ Splunk search engine raises US$25 million, IT PRO 12 Sep 2007
  9. ^ "IT search company Splunk reaches profitability". VentureBeat. Retrieved 2013-04-22.
  10. ^ Rusli, Evelyn (2012-04-19). "Splunk Soars as Investors Embrace Data Boom". The New York Times. Retrieved 2016-03-08.
  11. ^ "Splunk Announces Agreement to Acquire BugSense". Splunk. Retrieved 2013-09-16.
  12. ^ "Splunk Acquires Bugsense". TechCrunch.
  13. ^ "Splunk acquires cybersecurity startup Caspida for $190M". Venturebeat.
  14. ^ "Angela Messer: Booz Allen-Splunk Cyber Alliance Blends Data, Experience". GovCon.
  15. ^ Symington, Steve (6 October 2016). "Why Splunk, Inc. Just Dedicated $100 Million to Philanthropy". The Motley Fool. Retrieved 3 April 2017.
  16. ^ Verhage, Julie (April 12, 2017). "These Are the Highest-Paying Companies in America". Bloomberg Business. Retrieved April 18, 2017.
  17. ^ Gagliordi, Natalie. "Splunk buys IP assets of smaller rival Rocana | ZDNet". ZDNet. Retrieved 2017-11-15.
  18. ^ Olavsrud, Thor (23 September 2015). "Splunk updates platform, adds monitoring and analytics services". CIO. Retrieved 24 March 2016.
  19. ^ Franklin Jr., Curtis (16 October 2015). "SAP, Splunk Dashboards Aim To Satisfy Data Hunger". InformationWeek. Retrieved 24 March 2016.
  20. ^ Darrow, Barb (13 January 2012). "Splunk IPO explained and why it matters". GigaOM. Retrieved 24 March 2016.
  21. ^ "Splunk Storm brings log management to the cloud". InfoWorld. 2012-08-28.
  22. ^ "Splunk Announces General Availability of Splunk Cloud". Wall Street Journal Marketwatch. 2013-10-01.
  23. ^ "Splunk Storm service end of life".
  24. ^ "Splunk Spawns Hunk Hadoop Tool". Information Week. 2013-06-18.
  25. ^ "Splunk announces lower cost light version of its log analyticsl". Infoworld. 2015-03-10.
  26. ^ Olavsrud, Thor (23 September 2015). "Splunk updates platform, adds monitoring and analytics services". CIO magazine. International Data Group. Retrieved 5 April 2017.
  27. ^ Lunden, Ingrid. "Google ramps up hybrid cloud security strategy with Splunk, BMC and Tenable partnerships". TechCrunch. Retrieved 2016-03-23.
  28. ^ Olavsrud, Thor (27 September 2016). "Splunk puts machine learning at center of operational intelligence portfolio". CIO. International Data Group. Retrieved 5 April 2017.
  29. ^ Carey, Scott (28 September 2016). "Splunk brings machine learning capabilities into its tools and launches toolkit for customer's own algorithms". Computerworld UK. Retrieved 5 April 2017.
  30. ^ Bolkan, Joshua (28 June 2017). "Splunk Debuts New Security Tool for Ransomware". Campus Technology. Retrieved 10 July 2017.
  31. ^ Tate, Emily (11 July 2017). "Splunk releases solution that helps defend universities from ransomware". EdScoop. Retrieved 11 July 2017.
  32. ^ Wheatley, Mike (14 August 2017). "Splunk intros new monitoring tool for AWS cloud users". SiliconANGLE. Retrieved 15 August 2017.
  33. ^ Splunk. "Splunk Enterprise Admin Manual". Splunk. Retrieved 2016-07-03.
  34. ^ Dignan, Larry (22 March 2017). "Splunk, New Relic forge integration pact". ZDNet. Retrieved 5 April 2017.
  35. ^ Miller, Ron (5 January 2017). "ForeScout-Splunk integration hopes to bring greater insight to IoT security". TechCrunch. Retrieved 5 April 2017.
  36. ^ Kepes, Ben (30 November 2016). "Splunk goes down-market and leverages AWS' market dominance". Computerworld. Retrieved 5 April 2017.
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