Splunk Inc. (SPLK) Competitors
What Is Splunk?
Splunk Inc. is a San Francisco-based tech company. Primarily, it is known for software that helps out interested parties with collecting machine-generated data as well as analyzing machine-generated data. However, it has a number of other products involving data as well. On the whole, Splunk is an interesting example of a company that sells to a horizontal market rather than a vertical market. This means that its products are helpful to a wide range of businesses in a wide range of industries rather than a smaller number of interested clients limited to either a particular industry or some other category.
Why Is VMware a Competitor to Splunk?
VMware is another tech company that can be found in the San Francisco Bay Area. It was founded in 1998. Since that time, VMware has become a billion-dollar business that sells to a wide range of interested clients in a wide range of industries. Generally speaking, it is known for its hypervisors. This means either software or hardware that is used to create as well as run virtual machines, which would be emulations of computer systems. Virtual machines can be used in numerous contexts, thus making them a subject of considerable interest. However, it is important to note that VMware has a sizable selection of products. In particular, the tech company has a reputation for being involved in cloud management as well as cloud computing in general. Something that has seen a huge surge of popularity since its breakthrough in the 2000s and 2010s.
Why Is Datadog a Competitor to Splunk?
Datadog targets some of the same markets as Splunk. After all, it is involved in system monitoring. To be exact, Datadog specializes in providing data observability for cloud-scale applications. In more practical terms, this means the monitoring of relevant servers, databases, tools, and services, which are made possible by a data analytics platform that is made available to interested parties as a software-as-a-service. Background-wise, it is one of those companies that were founded to solve a problem that the founders perceived. Something that happened in 2010. In short, the founders witnessed considerable friction between the teams responsible for development and the teams responsible for systems administration, so they wanted a tool that could serve to reduce some of that friction. Since then, Datadog has seen a fair amount of expansion, which has been helped along by its willingness to acquire other tech companies that show potential for strengthening its offerings.