That is, the customers try cloud for one aspect of their business and quickly incorporate it to different use cases across the business for the synergy benefits. Profitable relationships usually start with a small use case and then there is customer satisfaction-driven growth across the client's company. The challenge with cloud adoption is many companies don't seem to fully understand it off the bat. They data visualization and big data options in particular stand out versus traditional ERP solutions like SAP ( SAP) but they are much more than an ERP platform and Oracle's ( ORCL) cloud fusion pl atform (discussed here) seems to be the better option for ERP. They offer on premise and cloud-based solutions for a variety of use cases ranging from data indexing and ERP type options to cyber security. Add cybersecurity company ZScaler, as well as firms like Accenture and Deloitte, and you can begin to see an ecosystem that millions of new clients cannot live without. AWS, Google Cloud, and Cisco all use Splunk within their infrastructure to help clients remain agile and cost-effective. Splunk has aligned itself as a strategic partner to some of the largest names in the data industry. Today we will look at how the cloud adoption secular trends are driving Splunk's business decisions and explore what investors can expect to see over the medium term. The company is in a 2-year-long journey to incorporate cloud services and the transition has brought the stock to relatively low levels. Splunk certainly has the respect of the industry after it once again was named the industry leader in SIEM or Security Information and Event Management by Gartner Research for the eighth time. Splunk was founded back in 2003 and is currently based out of San Francisco, California, although the company operates at a number of locations across North America, Europe, the Middle East, and Asia. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.Splunk (NASDAQ: NASDAQ: SPLK) is a leading data analytics and cybersecurity software platform for enterprise solutions. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. ![]() Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright © FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes.
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