security Posts

Scaling a Big Data / IoT Company Toward $1 Billion

Scaling a Big Data / IoT Company Toward $1 Billion

Big data and IoT businesses continue to attract enormous amounts of venture and PE funding but very few of them have yet to demonstrate the growth expected of them. Splunk is an exception. The company’s 2016 revenues will approach $1bn. and its current valuation is $8bn. Perhaps more significantly, the stock has experienced greater growth and stability than most recently public tech companies. This article addresses some of the management “secrets” behind the company’s success, in the words of Godfrey Sullivan, former CEO for eight years until his retirement in November 2015.

2014’s Top 20 Trends & Disruptions in Enterprise and Consumer Markets

2014’s Top 20 Trends & Disruptions in Enterprise and Consumer Markets

2014 brought us a number of intriguing developments in business and consumer tech. Here’s a list of my Top Twenty trends and disruptions that I found most significant, not only during 2014, but providing pointers for 2015 and beyond.

How Splunk is Playing for Power in Big Data

How Splunk is Playing for Power in Big Data

Since 2009, big data has progressed from being an awkwardly named though highly touted super-category to being an awkwardly named and over-hyped bandwagon category. During this time Splunk has quietly gone about building a leadership position in a few gritty but mission-critical sub-categories such as log search, security information and event management (SIEM), and operational analytics. Splunk’s machine-based indexing, search, and analytics engine also qualifies it to play in another emerging super-category – the internet of things (IOT). With around $420m in revenues and growing at 50% or so every year, Splunk has got everyone’s attention despite being much smaller than many much larger big-data pretenders such as IBM. How has the company achieved this, what new challenges does it face going forward, and what every other player in big data learn from Splunk’s progress thus far?