Splunk’s (SPLK) Q1 earnings, out after the close Thursday, are expected to show that the company has continued to thrive on an ever-rising need for data analytics. The company is the leading provider of machine-to-machine data analytics software, which helps companies locate bottlenecks in their software applications and data networks. A growing number of companies also use the software to find security breaches in their networks. Splunk stock was
Splunk (SPLK) earned a major ratings upgrade from one investment bank based on a combination of factors including its current valuation and a recent agreement with an electronics partner. Splunk, a maker of machine-to-machine data analytics software, is one of the fastest growing companies in the technology landscape, with year-over-year quarterly revenue growth of around 50% over its last nine quarters. Splunk stock rose 5.8% to 63.65 in
Splunk is going small to get bigger. The enterprise software company was set Tuesday to launch a new, cheaper version of its analytics software aimed squarely at smaller businesses. Splunk’s (SPLK) new service, dubbed Splunk Light, lets companies download a version of the firm’s machine-to-machine data analytics specifically tailored for small IT operations. With its revenue rising at a 50% pace, Splunk has grown fast by selling mostly to