We’re empowering IT, DevOps and security teams to transform their organizations with data from any source and on any timescale. BugSense has such customers as Soundcloud, Box, Trulia, Skype and Yahoo among its paying customers. The Splunk platform is designed to remove the barriers between data and action, so that everyone thrives in the Data Age. The acquisition is reminiscent of the one made for Crashlytics, a competitor to BugSense, that was acquired for an estimated $100 million last year. (NASDAQ:NASDAQ:SPLK) Q4 2023 Earnings Conference Call Ma4:30 PM ETCompany ParticipantsKen Tinsley - Vice President-Investor RelationsGary Steele - President &. According to 26 analysts, the average rating for SPLK stock is 'Buy.' The 12-month stock price forecast is 117.92, which is an increase of 11.90 from the latest price. The company has not had as deep a focus on mobile so the acquisition makes sense from that perspective. The Solution Architect team is a distributed, remote team of experts residing across four different time zones. Splunk, one of the first to mine machine data, has primarily served the IT market for customers to better analyze all the logs, the contains the data that servers and other IT infrastructure generates. It works on Android, iOS and Windows Phone through its software developer kit, giving developers access to data analytics from hundreds of millions of mobile devices that it manages from its scalable cloud platform. The transaction is expected to close during Splunk’s 2014 fiscal third quarter, which ends in October.īugSense, founded in 2011, provides analytics from machine data it collects to understand how apps are performing on mobile devices, the quality of the apps and for collecting data to do better troubleshooting. Splunk Artificial Intelligence and Machine Learning Artificial Intelligence (AI) and Machine Learning (ML) are among the most discussed topics of the IT industry these days. Splunk has acquired BugSense, a mobile analytics platform used by developers to improve app performance and improve quality. Terms of the deal were not disclosed.
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