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Exam Code: SPLK-2002 Practice test 2023 by Killexams.com team
SPLK-2002 Splunk Enterprise Certified Architect

A Splunk Enterprise Certified Architect has a thorough understanding of Splunk Deployment Methodology and best-practices for planning, data collection, and sizing for a distributed deployment and is able to manage and troubleshoot a standard distributed deployment with indexer and search head clustering. This certification demonstrates an individual's ability to deploy, manage, and troubleshoot complex Splunk Enterprise environments.

The prerequisite courses listed below through Data and System Administration are highly recommended, but not required for candidates to register for the certification exam.

All candidates who wish to access the test must be Splunk Enterprise Certified Admin and complete the Architecting Splunk Enterprise Deployments, Troubleshooting Splunk Enterprise, Cluster Administration, and Splunk Enterprise Deployment Practical Lab courses.

Splunk Enterprise Certified Architect
Splunk Enterprise education
Killexams : Splunk Enterprise education - BingNews https://killexams.com/pass4sure/exam-detail/SPLK-2002 Search results Killexams : Splunk Enterprise education - BingNews https://killexams.com/pass4sure/exam-detail/SPLK-2002 https://killexams.com/exam_list/Splunk Killexams : If You Invested $1000 in Splunk a Decade Ago, This is How Much It'd Be Worth Now No result found, try new keyword!The company’s flagship offering, Splunk Enterprise, is primarily a machine data platform. It can collect and index petabytes of machine data on a daily basis. Splunk Enterprise also enables ... Thu, 09 Feb 2023 00:41:00 -0600 text/html https://www.nasdaq.com/articles/if-you-invested-%241000-in-splunk-a-decade-ago-this-is-how-much-itd-be-worth-now Killexams : Splunk: Ready For Takeoff
White Splunk logo on balloon in urban setting

David Tran

The early-year market rally is showing no signs of stopping, and it's a great time for investors to re-tilt their portfolios toward forgotten growth names that are ready to burst out of the gate again. In this regard look no

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Splunk Q3 results

Splunk Q3 results (Splunk Q3 earnings deck)

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Splunk top-line momentum (Splunk Q3 earnings deck)

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Splunk margins (Splunk Q3 earnings deck)

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Fri, 27 Jan 2023 20:08:00 -0600 en text/html https://seekingalpha.com/article/4573240-splunk-ready-for-takeoff
Killexams : Splunk slashes more than 170 jobs in the Bay Area No result found, try new keyword!The enterprise software company plans to lay off 174 local employees, most of whom are based at its San Francisco headquarters and San Jose office, Mini Khroad, Splunk's vice president for people ... Tue, 14 Feb 2023 10:16:00 -0600 text/html https://www.bizjournals.com/sanjose/news/2023/02/14/splunk-bay-area-layoffs.html Killexams : Splunk Cuts Its Workforce About 4 Percent

Applications & OS News

Rick Whiting

The security and observability platform developer is laying off about 325 workers with most of the cuts in North America, according to an SEC filing.

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Splunk is laying off about 4 percent of its workforce or about 325 employees, the unified security and observability platform developer disclosed in a filing with the U.S. Securities and Exchange Commission.

Splunk, headquartered in San Francisco, becomes the latest IT industry to undertake employee cutbacks in latest weeks. Just this week NetApp said it is laying off about 8 percent of its global workforce while earlier today Okta informed its employees of plans to cut about 5 percent of its workforce.

Other major companies that have instituted layoffs include SAP (about 3,000 jobs), IBM (about 3,900 workers), and Microsoft (10,000 jobs).

[Related: Tech Company Layoffs In 2023: The latest Cuts In Q1]

In a Form 8-K filing with the SEC on Wednesday, Splunk disclosed a reorganization plan that will cut approximately 4 percent of the company’s global workforce, with most of the layoffs in North America.

“Today, we are making the difficult decision to reduce our global workforce by approximately 4 [percent], mostly in North America,” Splunk president and CEO Gary Steele said in a note sent to Splunk employees on Wednesday and included with the SEC filing.

“This decision is another step in a broader set of proactive organizational and strategic changes that include optimizing our processes, cost structure and how we operate globally to ensure Splunk continues to balance growth with profitability through these uncertain times and drive success over the long term,” Steele said.

“The early proactive steps we’ve taken over the past several months have minimized the scale of the changes we are making now. Unfortunately, today’s decision impacts about 325 Splunkers across the company,” his note said.

The company estimates that it will incur approximately $28 million in charges and cash expenditures to cover the costs of the layoffs, including severance payments, employee retention and transition costs, and other expenses. The company expects to complete the layoffs in the current fiscal quarter that ends April 30.

“Decisions of this nature have a significant human impact, and I don’t take that lightly. Since I joined the company, I’ve often heard the phrase ‘once a Splunker always a Splunker.’ That statement couldn’t be more true than it is today,” Steel said in his note. “The people leaving the company are our fellow Splunkers, our friends, and have helped drive our success. I want to express my gratitude for the important contributions they’ve made to Splunk and to our customers,” he said.

“Looking ahead, we will continue to invest in the areas that got us to where we are today – including how we engage with customers, our innovation and our talent. This will include the select recruiting of new Splunkers in FY24, consistent with our focus on accessing global talent in lower-cost areas. At the same time, we will continually assess our organizational health, where and how we work, and how we deploy our team and resources to deliver customer and shareholder value,” Steele said.

The note also said that Splunk will decrease its reliance on “external resources,” such as agencies and consultants, to reduce costs.

News of the layoffs come as Splunk just closed out its fourth quarter and fiscal 2023 on Tuesday, Jan. 31. For the first three quarters (ended Oct. 31, 2022) of fiscal 2023 Splunk reported revenue of just over $2.40 billion, up nearly 36 percent from $1.77 billion in the first three quarters of fiscal 2022. The company also significantly cut its net losses to $546.7 million in the first three quarters of fiscal 2023 from $1.20 billion in the first three quarters of fiscal 2022.

Splunk’s shares closed at $106.99 Thursday, up 7.2 percent for the day and up more than 11 percent from Wednesday’s $96.15 opening price before the company’s SEC filing.

In October activist investor Starboard Value announced that it had acquired a stake in Splunk of just under 5 percent. In June 2021 private equity giant Silver Lake made a $1 billion convertible investment in the company and in early 2022 private equity firm Hellman & Friedman bought a 7.5 percent stake in Splunk.

Splunk’s executive ranks have undergone significant changes over the last 18 months. Steele took over as president and CEO in April 2022, replacing former CEO Doug Merritt who stepped down in November 2021. Sharyl Givens was hired as chief people officer in October 2022 and just last week the company announced the appointment of Brian Roberts, a former Lyft, Microsoft and Walmart executive, as the company’s new CFO.

CRN reached out to Splunk for additional comment, including whether the layoffs will impact the company’s channel operations, and a spokesperson provided the following statement:

“Splunk regularly assesses how our resources align to the evolving needs of our business. We’ve made the difficult decision to reduce our team by approximately 4 [percent], mostly in North America. This decision is another step in a broader set of proactive changes we’ve made over the past several months to ensure Splunk continues to balance growth with profitability through these uncertain times and drive success over the long term.”

Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

Fri, 03 Feb 2023 02:04:00 -0600 en text/html https://www.crn.com/news/applications-os/splunk-cuts-its-workforce-about-4-percent
Killexams : Several Reasons to Exit Your Position in Splunk (SPLK)

Investment management company Vulcan Value Partners recently released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The firm has five strategies, and all trailed their benchmark indexes in 2022. In the fourth quarter, the fund’s Large-Cap Composite returned 8.2% net of fees and expenses, the Small Cap Composite returned 11.2% net, Focus Composite returned 7.6% net, the Focus Plus composite returned 7.7%, and All Cap Composite returned 7.2% net. You can check the top 5 holdings of the fund to know its best picks in 2022.

Vulcan Value Partners highlighted stocks like Splunk Inc. (NASDAQ:SPLK) in the Q4 2022 investor letter. Headquartered in San Francisco, California, Splunk Inc. (NASDAQ:SPLK) is a cloud solutions and software provider. On February 8, 2023, Splunk Inc. (NASDAQ:SPLK) stock closed at $105.66 per share. One-month return of Splunk Inc. (NASDAQ:SPLK) was 18.91%, and its shares lost 10.28% of their value over the last 52 weeks. Splunk Inc. (NASDAQ:SPLK) has a market capitalization of $17.297 billion.

Vulcan Value Partners made the following comment about Splunk Inc. (NASDAQ:SPLK) in its Q4 2022 investor letter:

"We exited our position in Splunk Inc. (NASDAQ:SPLK) during the quarter. A number of developments caused us to question whether Splunk’s competitive position was eroding. Splunk is a premium product, and less expensive alternatives have made progress increasing the quality of their offerings. Our research has confirmed Splunk is losing market share to these players, including Microsoft’s Sentinel. Sentinel has made a number of improvements over time and integrates with Microsoft’s other products. Notably, both of Splunk’s Co-Presidents left Splunk in 2022 to work for Microsoft. Splunk’s Chief Financial Officer left a few months later. Before the CFO left, Splunk lowered its annual recurring revenue guidance for the year. While the company attributed the change to the macro environment, we were unable to differentiate to what extent the slowdown was caused by the macro environment versus competitive factors. Based on our primary research and competitive concerns, we no longer had sufficient confidence in Splunk’s value stability. Splunk no longer qualifies for investment, and we exited the position."

Splunk Inc. (NASDAQ:SPLK) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held Splunk Inc. (NASDAQ:SPLK) at the end of the third quarter, which was 47 in the previous quarter.

We discussed Splunk Inc. (NASDAQ:SPLK) in another article and shared the list of best big data stocks to buy. In addition, please check out our hedge fund investor letters Q4 2022 page for more investor letters from hedge funds and other leading investors.

Suggested Articles:

Disclosure: None. This article is originally published at Insider Monkey.

Wed, 08 Feb 2023 22:58:00 -0600 en-US text/html https://finance.yahoo.com/news/several-reasons-exit-position-splunk-125150634.html
Killexams : KeyBanc upgrades Splunk, cuts DataDog as firm gets 'increasingly selective' on cloud
Splunk headquarters in San Francisco

Sundry Photography/iStock Editorial via Getty Images

Investment bank KeyBanc Capital Markets upgraded Splunk (NASDAQ:SPLK) and downgraded Datadog (NASDAQ:DDOG) on Monday as the research firm said it is getting "increasingly selective" on cloud software stocks, citing the potential for a "meaningful" slowdown

Mon, 06 Feb 2023 00:03:00 -0600 en text/html https://seekingalpha.com/news/3932252-keybanc-upgrades-splunk-cuts-datadog
Killexams : Splunk Stock (NASDAQ:SPLK), Quotes and News Summary

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Tue, 14 Feb 2023 10:00:00 -0600 en text/html https://www.benzinga.com/quote/SPLK
Killexams : Analyst Expectations for Splunk's Future

Analysts have provided the following ratings for Splunk (NASDAQ:SPLK) within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 7 4 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 2 0 0
3M Ago 2 6 2 0 0

These 14 analysts have an average price target of $106.71 versus the current price of Splunk at $99.8, implying upside.

Below is a summary of how these 14 analysts rated Splunk over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average has decreased by 9.24% from the previous average price target of $117.58.

Stay up to date on Splunk analyst ratings.

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wed, 01 Feb 2023 23:11:00 -0600 en text/html https://markets.businessinsider.com/news/stocks/analyst-expectations-for-splunk-s-future-1032062689
Killexams : Splunk Appoints Brian Roberts as Chief Financial Officer No result found, try new keyword!SAN FRANCISCO--(BUSINESS WIRE)--Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced Brian Roberts has been appointed as the Company’s chief ... Sun, 22 Jan 2023 23:36:00 -0600 https://www.businesswire.com/news/home/20230123005255/en/Splunk-Appoints-Brian-Roberts-as-Chief-Financial-Officer
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