Splunk Announces Year-Over-Year Quarterly Revenue Growth of
70%
Adds Record Number New Customers and Expands Usage in
Accounts
Appoints New Member to Splunk's Board of Directors
HONG KONG, Aug. 22, 2011 /PRNewswire-Asia/ -- Splunk( http://www.splunk.com
)(R), Inc., the leading provider of operational intelligence
software, today announced year-over-year quarterly growth of 70%
for the quarter ending July 31, 2011. Additionally, Splunk
increased its customer base to over 2900 customers in over 70
countries worldwide.
"I am delighted to welcome 329 new customers to the Splunk
family," said Godfrey Sullivan, president and CEO of Splunk. "In
addition, we are pleased to report the expanded use of our software
to adjacent departments in over 100 of our existing customers.
Often customers start using Splunk for one purpose, such as IT
Operations Management, but quickly realize additional value in
other areas such as application management, security, business
analytics and web intelligence. The significant number of use case
expansions demonstrates how our customers are recognizing the power
and versatility of our software."
"I am excited about our progress in Asia-Pacific," said Robert
Lau, Splunk's Area Vice President, Asia Pacific and Japan. "We are
very pleased that blue chip customers like Samsung SDS, PT Telekom
Indonesia and National Broadband Network in Australia have adopted
Splunk for operational intelligence. We also see many of our
existing customers using our software to realize value from their
big data.
Splunk today announced the appointment of a new member to its
Board of Directors, salesforce.com Executive Vice President and
Chief Financial Officer, Graham Smith. He brings to this role over
20 years of finance experience in the software industry including
prior appointments as CFO of Advent Software, CFO of Vitria
Technology, CFO for Nuance Communications, and 11 years at Oracle
in a variety of senior finance roles, lastly as vice president of
finance for worldwide operations.
"I am delighted to be joining the Board of Splunk," said Graham
Smith. "Godfrey has assembled a world-class management team to
execute on an amazing market opportunity and I am excited by the
prospect of helping guide Splunk through its next phase of
growth."
Q2 FY 2011 Highlights:
Customers
-- Added 329 new licensed customers for a total of over 2900
customers in over 70 countries
-- Asia-Pacific: Samsung SDS in Korea, PT Telekomunikasi
Indonesia, NBN Co in Australia, and 2 Degrees Mobile in New
Zealand
-- Americas: Intel, Wellmark, Commonwealth of Massachusetts,
Blue Cross Blue Shield of Florida, Hess Corporation,
TaylorMade-Adidas Golf
-- US Federal sector: the Federal Aviation Administration (FAA),
the Department of Health and Human Services and the Space and Naval
Warfare Systems Command (SPAWAR)
-- Europe: CartaSi in Italy, 02 Telefonica in Germany, Hypo
Adria Bank in Croatia
-- Expanded customer usage in over 100 accounts (not including
upgrades) including Commerzbank AG Germany, Telenor in Norway,
Credit Suisse in Luxembourg, KVH and NTT Data in Japan, O'Reilly
Media in the U.S. and the U.S. Department of Energy
Developers
-- Added 31 new Splunkbase Apps – 166 total apps now uploaded
and available on Splunkbase
-- Jointly developed partner apps including: Splunk App for
Sourcefire, Splunk App for Citrix Xen Desktop and extended the
Splunk App for Citrix Netscaler w/Appflow
Company
-- Achieved 70% year-over-year Q2 revenue growth
-- Hired first CFO, David Conte
-- Opened office in Cupertino, California
-- Received San Francisco Business Times' 2011 Technology &
Innovation Award for Fastest-Growing Company
-- Granted U.S. Patent No. 7,937,344 for organizing and
understanding machine data through use of a "machine data
web"
-- Expanded into Latin America and hired Regional Operations
Director
-- Surpassed 375 employees, with eight offices worldwide
Splunk neither reaffirms its prior outlook or goals regarding
revenues, new customers and new developers for fiscal 2012 nor does
it provide any new outlook regarding anticipated future results
Splunk is a registered trademark of Splunk Inc.
About Splunk
Splunk is the leading provider of operational intelligence
software used to monitor, report and analyze real-time machine data
as well as terabytes of historical data -- located on-premise or in
the cloud. Almost half of the Fortune 100 and more than 2,900
enterprises, service providers and government organizations in more
than 70 countries use Splunk to improve service levels, reduce IT
operations costs, mitigate security risks, and drive new insights
for IT and the business. For more information please visit www.splunk.com.
Media Contacts:
Clara So Splunk, Inc.
+852-3975-4063
[email protected]
Sissi Chu Text100
+852-2821-8677
[email protected]
SOURCE Splunk