Splunk Continues to Witness Growth in Large Orders

Splunk (SPLK) has continued to sign high-value contracts, buoyed by demand for the company’s data analytics products due to enterprises’ growing need for proper data analysis and collection. To tap this growing market, the company has launched new products such as Splunk Enterprise Security 5.0, Splunk Enterprise Security Content (which helps clients discover cybersquatting, phishing, and corporate espionage), and Splunk Add-on for Google (GOOGL) Cloud Platform (which helps enterprises collect, index, and analyze Google Cloud Platform events, logs, performance metrics, and billing data).