Splunk Inc (SPLK) Stock Review
Splunk Inc provides creative software platforms that allow their clients to real-time operational intelligence using data resources from across their company. Splunk's platform does this by collecting and indexing client data at massive scales, regardless of format or source. SPLK shares have seen a 148.99% rise over the 52-week review period.
The company has been delivering strong double digit growth quarter over quarter, with 51% revenue growth in Q3 of 2013. This, and the fact that Big Data is fast gaining traction as beleaguered corporations are turning to machine data as a source for competitive advantage, makes DPLK's future seem bright. The company has carved a niche for itself within the Big Data space, with a software solution that can be quickly downloaded, installed, configured and implemented.
While 2013-2014 saw a slew of high-profile clients added to Splunk's client list – including the U.S. Department of Defense, U.S. Army, U.S. Air Force, NASDAQ, and Intuit – the competition is heating up. Big players like ORACLE and others are watching Splunk's meteoric rise and are beginning to see opportunities where they could offer similar (if not the exact same) type of services to their clients.
The 2014 challenge for Splunk will be to reinvent/reposition itself as a multi-source data platform as opposed to its current niche as a point solution provider.