About Splunk (adapted from Splunk prospectus):
Splunk provides a software platform that enables organizations to gain real-time operational intelligence by harnessing the value of their data. Their software collects and indexes data at massive scale, regardless of format or source, and enables users to search, correlate, analyze, monitor and report on this data in real time. Splunk's software addresses the risks, challenges and opportunities organizations face with large and diverse data sets, commonly referred to as big data, and is specifically tailored for machine-generated data.
Machine data is produced by nearly every software application and electronic device in an organization and contains a definitive, time-stamped record of various activities, such as transactions, customer and user activities, and security threats. Splunk's software is designed to help users, including IT and business professionals, analyze machine data and realize real-time visibility into and intelligence about their organization's operations.
The core of their software is a proprietary machine data engine, comprised of collection, indexing, search and data management capabilities. Splunk's machine data engine uses an architecture that enables users to run queries on data without having to understand the structure of the data prior to collection and indexing.This description is adapted from Splunk prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus..