STOCK TITAN

Splunk Delivers Security and Observability Solutions for the Hybrid Cloud World

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Splunk Inc. (NASDAQ: SPLK) has announced significant enhancements to its Splunk Platform at the .conf22 user conference. New features in Splunk Cloud Platform and Splunk Enterprise 9.0 enhance data access, security, and cost efficiencies, allowing faster decision-making based on comprehensive data insights. Key improvements include Data Manager for easy data onboarding, Ingest Actions for better data management, and expanded cold storage options. These upgrades aim to enhance operational resilience, aid businesses in complexity management, and drive greater value from data.

Positive
  • Introduction of Data Manager improves data onboarding speed and efficiency across multiple cloud platforms.
  • Ingest Actions feature enhances data routing and management, offering granular controls.
  • SmartStore for Azure provides cost savings of up to 70% for self-managed customers.
  • Federated Search simplifies investigation across hybrid cloud environments.
  • Splunk Assist offers deeper insights into cloud security environments for better administration.
Negative
  • None.

End-to-End Visibility, Rapid Time to Action, and Greater Extensibility Powered by Enhancements to Splunk’s Best-in-Class Platform

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)-- .conf22-- Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced the next generation of the Splunk Platform. New enhancements to Splunk Cloud Platform and the general availability of Splunk Enterprise 9.0 empowers customers to make business decisions on full fidelity data, act faster on data insights, and customize how those insights are operationalized across their organization in the hybrid cloud.

At its annual user-conference, .conf22, Splunk introduced new capabilities and feature enhancements to the Splunk Cloud Platform and Splunk Enterprise 9.0 that help customers access more data sources easily, find and operationalize insights even faster, secure and scale deployments and streamline administration:

End-to-end visibility through expanded data access and optimized storage for greater customer choice, control, and cost savings:

  • Data Manager for Splunk Cloud Platform delivers a scalable data onboarding experience across Amazon Web Services and Microsoft Azure today, with Google Cloud Platform support available later this summer, providing an easy-to-manage hybrid cloud control plane of data flowing into Splunk within minutes.
  • Ingest Actions helps customers get data to the right places, in the right shape, and at the right time with granular controls to take action on data through filtering, masking, and routing of data in motion within the Splunk Platform or to external AWS S3 storage.
  • Splunk Enterprise 9.0 extends cost effective cold storage beyond Amazon Web Services and Google Cloud Platform, to now include Microsoft Azure with SmartStore for Azure helping self-managed Splunk Enterprise customers reduce operating costs by up to 70%.

Rapid time to action through deeper investigation and an optimized administrative experience to address outages and security attacks without business disruption:

  • With the expansion of Federated Search, Splunk enhances and simplifies investigation and search across hybrid cloud environments by providing users and administrators of the Splunk Platform a unified, single pane view of their entire Splunk ecosystem to enable quicker actionable insights.
  • Splunk Assist is a new fully managed cloud service within Splunk Enterprise 9.0 that provides customers with deep insights into their security environment, leveraging insights from cloud deployments for a richer administrative experience.

Expanding the power of the Splunk platform with more ways to build and customize applications to extract greater business value from data insights:

  • With the enhanced Splunkbase experience offering curated collections over 2,500 purpose-built apps and integrations, customers can easily apply the power of the Splunk portfolio to a large variety of data-centric use cases. Combined with our partner ecosystem of over 2,400 partner organizations can integrate third-party data sources to discover, deploy, and manage apps built to help customers turn data into doing.
  • Now in preview, the Splunk Cloud Developer Edition lets developers easily create and test their applications, reducing time-to-value for enterprises building on, for, and with the Splunk Cloud Platform.

Supporting Quotes:

“Splunk provides visibility into parts of our business that we never had before providing data across the company, not just our technology team,” said Sarika Attal, VP Enterprise Architecture and Technology Services, Papa John's International, Inc. (Papa Johns). “We now have full visibility in both our ecommerce and in-store operations with Splunk’s platform solutions helping us deliver the best service to our customers in a store, on mobile devices, via our third-party aggregators or digitally enabled call center, Papacall.”

“Infrastructure complexity and growing attack surfaces are overthrowing traditional approaches for operational resilience and risk management. Today, organizations need end-to-end visibility in real-time combined with quick actionable insights to ensure their digital environments are consistent, performant and resilient,” said Archana Venkatraman, Analyst, IDC. “A growing number of organizations will adopt intelligent data platforms that deliver full stack observability, auto-remediation, and extensibility to include newer sources in their digital environments. Without end-to-end visibility, flexibility, and extensibility, organizations’ modern CloudOps strategies can’t be executed.”

“Forward-thinking organizations demand full stack integration across business processes to unlock innovation, improve security and drive business resilience despite the complexity of technology environments,” said Garth Fort, Chief Product Officer, Splunk. “The latest innovations in the Splunk Platform enable customers to address the complexities of multi-cloud and hybrid environments, rapidly identify signals from noise, and turn data insights into business outcomes.”

For more information on the Splunk Platform, please visit the Splunk website.

About Splunk Inc.

Splunk Inc. (NASDAQ: SPLK) helps organizations around the world turn data into doing. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale.

Splunk, Splunk>, Data-to-Everything and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. All other brand names, product names, or trademarks belong to their respective owners. © 2022 Splunk Inc. All rights reserved.

Media Contact

Jennifer Lopez

Splunk Inc.

press@splunk.com

Investor Contact

Ken Tinsley

Splunk Inc.

ir@splunk.com

Source: Splunk Inc.

FAQ

What are the new features announced by Splunk at .conf22?

Splunk introduced enhancements to its platform, including Data Manager, Ingest Actions, and features in Splunk Cloud Platform and Splunk Enterprise 9.0.

How does Splunk's platform improve operational efficiency?

The new features allow faster data onboarding and management, enabling quicker decision-making and operational resilience.

What is the expected cost savings from SmartStore for Azure?

Self-managed customers can reduce operating costs by up to 70% with the new SmartStore for Azure feature.

How does Federated Search enhance Splunk's capabilities?

It provides a unified view across hybrid cloud environments, simplifying investigations and speeding up actionable insights.

What is the role of Splunk Assist in the new updates?

Splunk Assist is a fully managed cloud service that offers deep insights into security environments for improved administration.

Splunk Inc.

NASDAQ:SPLK

SPLK Rankings

SPLK Latest News

SPLK Stock Data

26.44B
154.86M
0.45%
87.96%
2.88%
Software - Infrastructure
Technology
Link
United States
San Francisco