Splunk revenue 20181/21/2024 ![]() The biggest plus? Users can install a free version of Elastic that provides them access to the developer community, a plethora of plugins, etc. Plus, the company reported a revenue of $608.5 million in 2021, almost an increase of 42% year-over-year. The company specializes in self-managed and SaaS solutions for security, observability, logging, and search.Īlso, the company offers four distinct tools:ĮlasticSearch is a search and analytic tool, Logstash is used for log ingestion and processing, Kibana helps visualize data/information, and Beats gather data and send it to Logstash. Headquarters: Mountain View, California.Įlastic is one of the leading open-source log management solutions and a top alternative to Spunk.Intrigued? Yes, we are the generation living in a golden era where we have so many options to choose from, and here might be the answer to your business needs. Yes, many companies are now offering products that may perfectly fit your business requirements. Splunk might be one of the best software solutions providers in the industry, but for sure, it isn’t the only solution out there. Top 10 Alternatives & Competitors to Splunk Top 10 Alternatives & Competitors to Splunk.That’s because more and more companies are now investing in R&D and coming up with solutions that seamlessly streamline the company’s data. Nonetheless, to maintain its dominance in the industry, the company has to fend off its top competitors and alternative, such as Sumo Logic, LogDNA, etc. Several products are offered under the umbrella of the company, including IT Service Intelligence, Infrastructure Monitoring, Enterprise, Data Stream Processor, Stream, and a lot more.Īlso, Splunk expanded its platform in 2019 with the acquisition of cloud monitoring solution SignalFx for $1.05 billion. Splunk welcomed total annual recurring revenue (ARR) of $2.63 billion in the second quarter for the fiscal year 2021. You can build real-time data apps using the software.Enables search, monitor, analyze, and visualize, empowering all types of users.Plus, 92 of 100 Fortune companies, including Adobe, Visa, Cisco, Bosch, etc., use Splunk for data management processes here’s why: ![]() The platform creates visualization, graphs, alerts, and dashboards by collecting, indexing, and correlating data in a searchable repository so companies can extract actionable insights. Founded in 2003, Splunk is an American-based software company that develops software for searching, monitoring, analyzing, and visualizing machine-generated data through a web-styled interface in real-time.Īlso, the company was recognized as one of the top leaders in the Gartner Magic Quadrant SIEM (Security Information and Event Management) in 2021.
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