Splunk Named Application Performance Monitoring Leader and Fast Mover

Rhea-AI Summary

Splunk Inc. (NASDAQ: SPLK) has been recognized as a Leader and one of two Fast Movers in GigaOm's inaugural Radar for Application Performance Monitoring (APM) report. The report highlights Splunk's robust capabilities for monitoring digital enterprises across diverse infrastructures. Notable advancements, including acquisitions of Plumbr and Rigor, have propelled Splunk into a significant market position. The company's APM solutions facilitate real-time monitoring and AI-driven troubleshooting, enhancing performance management for organizations as they transition to modern applications.

Positive

• Named a Leader and Fast Mover by GigaOm in the APM report, enhancing market position.
• Recognized for robust monitoring capabilities across various infrastructures.
• Acquisitions of Plumbr and Rigor bolster Splunk's APM offerings.
• Flexibility in deployment options for organizations of all sizes.
• AI-driven troubleshooting and real-time monitoring improve customer service experiences.

Negative

• None.

Splunk Strengthens Observability Leadership with Continued Splunk APM Advancements, Receiving Top Marks in GigaOm Radar for Application Performance Monitoring Report

SAN FRANCISCO--(BUSINESS WIRE)-- Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced it has been named a Leader and one of only two Fast Movers in the GigaOm Radar for Application Performance Monitoring (APM) Report, 2021*. In its inaugural year, the new report from leading industry research firm GigaOm evaluated APM vendors and products, ranking Splunk as a top leader.

According to GigaOm, Splunk earned its high ranking for its “robust environment for monitoring the digital enterprise, regardless of the location and type of infrastructure.” GigaOm also noted that “Splunk APM is a good fit for any size organization. With deployment support for SaaS, SaaS plus on-premise, and on-premises only deployment, Splunk APM has a great deal of flexibility.” Splunk’s continued advancements in APM through the acquisitions of Plumbr and Rigor in 2020, alongside in-house innovation, place Splunk as a Fast Mover quickly influencing the market.

“As organizations continue to modernize their applications and build new microservice-based applications, it’s imperative that organizations cut through the noise of their hybrid cloud environments so they can detect, troubleshoot and resolve incidents quickly,” Spiros Xanthos, General Manager of Observability, Splunk. “Splunk APM is redefining the future of application monitoring and GigaOm’s recognition is a testament to our success in helping customers make sense of unprecedented amounts of data, pinpointing and resolving issues within minutes, so they can focus on driving better customer experiences.”

Splunk^Ⓡ APM provides real-time, NoSample™ full-fidelity tracing and AI-driven directed troubleshooting to help customers resolve performance issues at any scale. Splunk APM also leverages OpenTelemetry instrumentation for data integration and transport, allowing Splunk customers to focus on the value of their data and not how it’s gathered. Splunk is committed to OpenTelemetry, the second most active Cloud Native Computing Foundation project after Kubernetes, and is focused on democratizing how data is collected from infrastructure and applications.

“Splunk is a strong player in the often difficult to parse APM landscape,” Ron William, Analyst, GigaOm. “Splunk provides massive scalability and sophisticated in-stream analytics. They support OpenTelemetry, an emerging standard to which Splunk is a major contributor, and AI/ML features throughout the solution.”

Splunk APM is built into Splunk Observability, a unified solution that offers full-stack, service-centric, AI-powered observability for increased visibility and actionable insights across infrastructure, applications and the end user experience. With Splunk Observability, customers gain full control of their data — metrics, traces and logs — and real-time, context-rich insights so they can answer any question about the performance and reliability of their services. For more information on Splunk APM, visit the Splunk website.

*GigaOm Radar for Application Performance Monitoring (APM), 2021, Ron Williams, December 2021

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220215005418/en/

Media Contact

Kaitlyn Hopkins

Splunk Inc.

press@splunk.com

Investor Contact

Ken Tinsley

Splunk Inc.

ir@splunk.com

Source: Splunk Inc.

FAQ

What is Splunk's recent achievement in the GigaOm APM report?

Splunk was named a Leader and one of two Fast Movers in GigaOm's inaugural Radar for Application Performance Monitoring report.

How does Splunk APM enhance application monitoring?

Splunk APM offers real-time monitoring, AI-driven troubleshooting, and supports various deployment options.

What companies did Splunk acquire to improve its APM capabilities?

Splunk acquired Plumbr and Rigor to enhance its application performance monitoring capabilities.

What deployment options does Splunk APM provide?

Splunk APM supports deployment across SaaS, hybrid, and on-premises environments.

Why is GigaOm's recognition significant for Splunk investors?

GigaOm's recognition strengthens Splunk's market position and highlights its competitive advantages in APM.