Tuesday 15 November 2011

Splunk Announces Year-Over-Year Quarterly Revenue Growth of 95%

A record of more than 350 new licenced customers added Splunk software in Q3

Splunk Inc., the provider of software that provides real-time operational intelligence, today reported year-over-year quarterly revenue growth of 95 percent for the quarter ending 31st October 2011. The company also announced that, with the addition of more than 350 new paid licence customers, its customer base extends to over 3,200 organisations, in more than 75 countries including more than half the Fortune 100 companies.

“At the core of every business is data that can provide a powerful competitive advantage. Every company is a data company. Splunk is delivering software that enables companies to derive game changing insights from their machine data,” said Godfrey Sullivan, president and CEO of Splunk.

Global multi-channel retailer Otto Group GmbH uses Splunk software to harness its machine data. “Splunk is an indispensable solution to the daily business at Otto. Our Splunk dashboards provide us with a more comprehensive understanding of our customers and the key performance indicators that track application performance and availability.

"With Splunk, we can now easily and quickly identify, analyse and fix practical problems from application performance to system errors, including failures in our business processes,” said Michael Otremba, department manager, customer care centre software development, Otto Group GmbH.

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