Should You Invest In Splunk Inc?

A tech company from San Francisco, Splunk Inc. specialises in software designed to monitor and analyse machine-generated big data. Splunk services are accessible via a web interface, providing the end user with an assortment of alerts and reports in a visual theme. The company has thousands of clients worldwide from a wide range of industries. In addition to its San Francisco office, Splunk also has regional offices in Africa, Asia, Australia, Europe, and the Middle East. The company was founded in 2003 by Erik Swan, Michael Baum and Rob Das. Splunk, ticker symbol: SPLK, went public in 2012 on the Nasdaq and is also part of the Russell 1000 Component. IPO shares were valued at $17 on the stock’s first day of trading, with excitement surrounding SPLK reaching a fever pitch and triggering Wall Street safety protocols that are in place to prevent volatile trading. Unsure about what big data is? Here is a brief explanation to help you get started. Big data is the extraction and analysis of data from sources that are not compatible with more traditional software services. This is usually the case when there is a significant amount of data to analyse. Start trading SPLK stock now.