Splunk Inc. the data platform leader for security and observability, announced results for its fiscal first quarter ending April 30, 2022. Futurum’s Daniel Newman dives into the earnings and believes the results are a continued indication of Splunk’s transformation to Cloud and ARR as a successful one, and the first under new CEO Gary Steele.
Splunk .Conf Focuses on 3 Major Transformations Driving its Future
At this year’s Splunk .Conf 2020, CEO Doug Merritt delivered a vision for the company that included 3 major transformations for the company.
Splunk’s Transformation to Cloud Continues With Strong Q4
Splunk delivered a strong 4th quarter as its business pivoted to more than 35% cloud and saw 50% ARR growth showing long term promise to investors.