Three Leading Analyst Firms Recognize Splunk as a Leader in AIOps

Rhea-AI Summary

Splunk Inc. (NASDAQ: SPLK) has been recognized as a market leader in AIOps by three prominent analyst reports: Omdia, Research In Action, and Constellation Research. Omdia's report highlights Splunk as the only vendor scoring a perfect 100% for solution breadth and being highly recommended by customers with a 99% rating from Research In Action. Additionally, Constellation Research included Splunk in its AIOps ShortList. These accolades reinforce Splunk's commitment to innovation and its effective AIOps platform, which offers extensive capabilities for IT management and operational insights.

Positive

• Recognized as a Market Leader in AIOps by Omdia, Research In Action, and Constellation Research.
• Achieved a perfect 100% score for solution breadth in Omdia's report.
• Received a 99% customer recommendation score from Research In Action.
• Named to Constellation Research's AIOps ShortList from over 40 solutions.

Negative

• None.

Industry Analyst Firms Omdia and Research In Action Rank Splunk a Market Leader in 2021 AIOps Vendor Evaluation Reports; Constellation Research Names Splunk to AIOps ShortList

SAN FRANCISCO--(BUSINESS WIRE)-- Splunk Inc. (NASDAQ: SPLK), provider of the Data-to-Everything Platform, today announced it has been recognized as a Market Leader in AIOps by three prominent market analyst reports: Omdia Universe: Selecting an AIOps Solution, 2021-22 report*, Research In Action’s Vendor Selection Matrix ™ Artificial Intelligence Predictive Analytics-Top 20 Global Vendors 2021** and Constellation’s ShortList™ for AIOps***. All three market reports recognize Splunk’s industry-leading AIOps platform and the breadth of its capabilities.

“Our customers are at the forefront of how we continue to innovate, with Splunk serving as the foundation for driving advanced insights and strategic impact across any organization with data,” said Shawn Bice, President of Products and Technology, Splunk. “Splunk’s recognition as a Market Leader in AIOps in not one, but three leading analyst reports is a direct testament to this sustained innovation, along with our commitment to providing customers an AIOps platform that further modernizes how they approach service monitoring, predictive management and more amid the rapidly evolving IT landscape.”

Omdia Recognizes Splunk as the Only Vendor to Score a Perfect 100% for Solution Breadth

According to Omdia’s AIOps customer survey, which was conducted as part of its research, Splunk is the top-most recognized AIOps vendor and “should appear on your shortlist if you want to gain new insights into a range of operational data and extend this to cover business metrics.” Additionally, the Omdia report highlights that Splunk was the only vendor to record a perfect 100% score for solution breadth¹, and that it scored 50% or better for every category — one of the best score groupings of the report.

Research In Action Awards Splunk the Highest Customer Recommendation Score

According to Research In Action’s Artificial Intelligence Predictive Analytics-Top 20 Global Vendors 2021, Splunk received the highest customer recommendation score with a 99% rating. Research in Action points out that Splunk’s “​​domain agnostic approach to converge and correlate all data is powerful.” Additionally, the market report awards Splunk strong scores across vision, innovation, breadth and customer satisfaction, showcasing its well-rounded capabilities across the Splunk IT portfolio.

Constellation Research Names Splunk a Top Solution to Know for AIOps

Splunk was selected from over 40 AIOps solutions and was named to Constellation Research’s ShortList™ for AIOps. Constellation defines AIOps as a discipline, set of tools and set of use cases that can help provide insight into complex, distributed sets of data and get to the root cause of a problem quickly. According to Constellation, AIOps can enable IT operators to concentrate on strategic work and focus on eliminating technology debt, improving usability and increasing scalability.

Splunk’s leadership across AIOps and IT Operations Management (ITOM) extends even further. Earlier this year, Splunk ranked No. 1 for the ITOM Performance Analysis software market, as well as No. 1 for the AIOps, IT Infrastructure Monitoring (ITIM) and Other Monitoring Tools subsegment in the Gartner^® Market Share Analysis: ITOM, Performance Analysis Software, Worldwide, 2020****.

Splunk’s industry-leading IT management portfolio enables customers to thrive no matter where they are on their IT modernization journey. Splunk’s IT solutions provide organizations end-to-end visibility across their entire IT stack, predictive management for faster remediation and increased agility and speed across all workflows. For more information on the Splunk IT portfolio, visit the Splunk website.

*Omdia Universe: Selecting an AIOps Solution, 2021-22; Roy Illsley, July 2, 2021
**Research In Action Vendor Selection Matrix ™ Artificial Intelligence Predictive Analytics-Top 20 Global Vendors 2021; Eveline Oehrlich, June 2021
***Constellation ShortList™ for AIOps; Andy Thurai, August 25, 2021
****Gartner, Inc., Market Share Analysis: ITOM, Performance Analysis Software, Worldwide, 2020; Laurie Wurster and Shailendra Upadhyay, June 11, 2021. Rank based on market share revenue, in USD, worldwide.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Splunk Inc.

Splunk Inc. (NASDAQ: SPLK) turns data into doing with the Data-to-Everything Platform. Splunk technology is designed to investigate, monitor, and analyze and act on data at any scale.

Splunk, Splunk>, Data-to-Everything, D2E 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. © 2021 Splunk Inc. All rights reserved.

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¹ A 100% score in solution breadth means that for every question in the features dimension (142 in total) Splunk recorded a partial capability or better score.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005326/en/

Media Contact

Kaitlyn Hopkins

Splunk Inc.

press@splunk.com

Investor Contact

Ken Tinsley

Splunk Inc.

ir@splunk.com

Source: Splunk Inc.

FAQ

What did the recent press release about Splunk (SPLK) announce?

The press release announced that Splunk is recognized as a market leader in AIOps by three major analyst firms.

How did Omdia rank Splunk (SPLK) in its 2021 AIOps report?

Omdia ranked Splunk as the only vendor to score a perfect 100% for solution breadth.

What customer recommendation score did Splunk (SPLK) receive from Research In Action?

Splunk received the highest customer recommendation score of 99% from Research In Action.

Is Splunk (SPLK) included in any notable AIOps reports?

Yes, Splunk was included in the AIOps ShortList by Constellation Research.

How does Splunk's AIOps platform contribute to IT management?

Splunk's AIOps platform provides extensive capabilities for service monitoring, predictive management, and operational insights.