Splunk Makes a Splash in Big Data – Morningstar

Total revenue growth remained strong, at 51.9% year over year to $101.5 million, 9.7% ahead of our forecast. Splunk doubled the license capacity for entry-level customers and lowered the price of Splunk Cloud by 33% during the quarter, helping to drive sales growth and keep the company apace with new competitors. We view these pricing moves as responses to customer […]