How Splunk Became the Most Disruptive Technology for Big Data

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You've probably heard of Splunk ( (SPLK) - Get Report). But, you're probably wondering what the heck is this company and what does it do? 

Well, here's an attempt at explaining it.  Splunk describes itself as "Data-to-Everything-Platform, Powering Security, IT, and DevOps".  The company gathers real-time data for its clients related to their businesses to assist with operations, security and gain insights into their customers. Basically, it claims to remove the barrier data and action.

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Splunk History

Below are some highlights to this American technology company:

September 2013. Splunk acquired BugSense, a mobile-device data-analytics company, and Cloudmeter, a provider of network data capture technologies.

July 2015. Splunk acquired Caspida, a cybersecurity startup, for $190 million.

September 2016. Splunk pledged to donate $100 million in software licenses, training, support, and education for nonprofits and schools over a 10-year period.

April 2018.  Splunk acquired Phantom Cyber Corporation for approximately $350 million. The company reached $14.8 billion of market capitalization.

June 2021. Splunk’s client list includes 92 companies on the Fortune 100 list, including Domino's Pizza, Intel, Zillow, Coca-Cola, Nordstrom, and Groupon.

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