Exam Code: SPLK-3003 Practice test 2023 by Killexams.com team
SPLK-3003 Splunk Core Certified Consultant

EXAM NUMBER : SPLK-3003
EXAM NAME : Splunk Core Certified Consultant
Exam Description: The Splunk Core Certified Consultant certification test is the final step in the Splunk Core Certified Consultant track. This highly technical certification test is a 117-minute, 86-question assessment which evaluates a candidate’s knowledge and skills in Splunk Deployment Methodology and best-practices for planning, data collection, and sizing, managing, and troubleshooting a standard with indexer and search head clustering. Candidates can expect an additional 3 minutes to review the exam agreement, for a total seat time of 120 minutes. Candidates interested in this certification must complete the lecture, hands-on labs, and quizzes that are part of the Fundamentals 3, Creating Dashboards with Splunk, and Advanced Searching and Reporting courses by Splunk Education, the Indexer Cluster Implementation Lab, the Distributed Search Migration Lab, the Implementation Fundamentals Lab, the Architect Implementation Labs (1-3), as well as the Services: Core Implementation Instructor-Led Training course in order to be eligible for the certification exam. The prerequisite exams for this certification are Splunk Core Certified Power User, Splunk Enterprise Certified Admin, and Splunk Enterprise Certified Architect.

The following content areas are general guidelines for the content to be included on the exam:
● Splunk Validated Architectures
● Monitoring Console configuration
● Authentication Protocols
● Splunk to Splunk (S2S) Communication
● Data Inputs
● Forwarder Types
● HEC Tokens
● Fishbucket Records
● Pretrained Sourcetypes
● Indexing Buckets
● Event Processing
● Indexing Intervals
● Data Retention
● Search Head Dispatch
● Sub-searches
● Deployment Apps
● Deployment Server
● Indexer Clustering
● Upgrading an Indexer Cluster
● Indexer Cluster Failure Modes
● Multi-site Clustering
● Indexer Migration
● Search Head Clustering

1.0 Deploying Splunk 5%
1.1 Define Splunk Validated Architectures
1.2 Articulate how and why Splunk grows from standalone environment to distributed environment with indexer and Search Head clustering
1.3 Explain the difference between High Availability and Disaster Recovery and how both can be addressed in Splunk.

2.0 Monitoring Console 8%
2.1 Describe which instances are suitable to configure as the Monitoring Console
2.2 Articulate how to configure the MC for a single or distributed environment
2.3 Examine how the MC uses the server roles and groups
2.4 Describe how MC health checks are performed and can be extended.

3.0 Access and Roles 8%
3.1 Identify authentication methods
3.2 Describe LDAP concepts and configuration
3.3 List SAML and SSO options
3.4 Define roles and articulate how roles are used to secure data

4.0 Data Collection 15%
4.1 Articulate the different ways data can be ingested by an indexer
4.2 Articulate how one Splunk instance communicates with another Splunk instance (S2S)
4.3 Describe the types and configuration of data inputs
4.4 Describe ways to troubleshoot data inputs

5.0 Indexing 14%
5.1 List indexing artefacts and locations
5.2 Describe event processing and data pipelines
5.3 Describe the underlying text parsing and indexing process
5.4 List data retention controls

6.0 Search 14%
6.1 Describe how to use search job inspection, Explain the inner-workings of a search
6.2 List the different search types
6.3 Describe how to maximize search efficiency
6.4 Describe how sub-searches work

7.0 Configuration Management 8%
7.1 Describe a deployment app
7.2 Articulate how a Deployment Server works
7.3 Describe deployment system configuration
7.4 Articulate how to manage deployment Server

8.0 Indexer Clustering 18%
8.1 Describe deployment and component configuration
8.2 Describe the life cycle of data using buckets
8.3 Determine failure modes and recovery processes
8.4 Articulate how multi-site clustering works
8.5 List migration procedures

9.0 Search Head Clustering 10%
9.1 Articulate how to manage and deploy a Search Head cluster
9.2 Determine when a Search Head Cluster may be needed and when a Search Head Cluster would not be recommended
9.3 Describe content management using the Deployer
9.4 Describe the role of the cluster members and the Captain
9.5 Articulate how Captain election works (RAFT)

Splunk Core Certified Consultant
Splunk Consultant availability
Killexams : Splunk Consultant availability - BingNews https://killexams.com/pass4sure/exam-detail/SPLK-3003 Search results Killexams : Splunk Consultant availability - BingNews https://killexams.com/pass4sure/exam-detail/SPLK-3003 https://killexams.com/exam_list/Splunk Killexams : Splunk to Cut About 325 Jobs, Scale Back Outsourcing

Wed, 01 Feb 2023 03:12:00 -0600 en-US text/html https://www.wsj.com/articles/splunk-to-cut-about-325-jobs-scale-back-outsourcing-11675264908
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 accurate 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 : Splunk to lay off 4% of its staff in latest sign of software cutbacks

Splunk Inc. intends to lay off about 4% of its staff as cutbacks in the software industry intensify.

The move will impact about 325 employees at Splunk SPLK, -1.95%, mainly in North America.

“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,” Chief Executive Gary Steele said in a note to employees that was also filed with the Securities and Exchange Commission.

Steele said that Splunk’s “proactive steps” in accurate months “have minimized the scale of the changes we are making now.”

The company previously set out to reduce its reliance on “external resources” like agencies and consultants. Going forward, the company will be “more judicious about what work we outsource and what we will stop doing,” according to Steele’s note.

Splunk plans to notify employees today if their roles will be affected.

The company expects to incur about $28 million in charges and future expenditures related to its “reorganization” plan, it said in an SEC filing. Splunk anticipates that it will book “substantially all” of these charges in the first quarter of fiscal 2024.

Splunk’s layoff announcement follows other accurate ones from fellow software companies Salesforce Inc. CRM, -1.75%, Workday Inc. WDAY, -1.04%, and SAP SE SAP, -0.52%. The cuts are also part of a wave hitting the tech sector more broadly.

See also: PayPal joins IBM, SAP, Spotify, Google, Intel, Microsoft, Amazon and other major companies laying off thousands of people

Wed, 01 Feb 2023 00:29:00 -0600 en-US text/html https://www.marketwatch.com/story/splunk-to-lay-off-4-of-its-staff-in-latest-sign-of-software-cutbacks-11675260328
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)

Splunk top-line momentum

Splunk top-line momentum (Splunk Q3 earnings deck)

Splunk margins

Splunk margins (Splunk Q3 earnings deck)

Splunk operating margins

Splunk operating margins (Splunk Q3 earnings deck)

Fri, 27 Jan 2023 20:08:00 -0600 en text/html https://seekingalpha.com/article/4573240-splunk-ready-for-takeoff
Killexams : Splunk to cut 4% of global workforce

Splunk (NASDAQ:SPLK) is the latest technology firm to announce layoffs, with plans to reduce ~4% of its global workforce, mostly in North America, as part of a reorganization to optimize its processes

Wed, 01 Feb 2023 00:47:00 -0600 en text/html https://seekingalpha.com/news/3930441-splunk-to-cut-4-of-global-workforce
Killexams : Splunk to Lay Off 4% of Staff in Cost-Cutting Move. Tech Jobs Rout Continues.

Splunk joined the growing list of tech companies announcing layoffs in an attempt to cut costs.

Splunk (ticker: SPLK) announced in a filing with the Securities and Exchange Commission on Wednesday that it will be reducing its global workforce by about 4%, or around 325 employees. Most of the layoffs would be in North America, Splunk said.

Wed, 01 Feb 2023 00:58:00 -0600 en-US text/html https://www.barrons.com/articles/splunk-job-cuts-tech-stock-51675260669
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 : Splunk to lay off 4% of its workforce to reduce costs

Data observability software provider Splunk is laying off 4% of its workforce as part of broader measures to optimize costs and processes ahead of uncertain macroeconomic conditions, a company filing with the US Securities and Exchange Commission (SEC) showed.   

The decision to downsize will affect 325 employees at the company, mostly in the North America region, according to an email from CEO Gary Steele to employees that  was attached to the filing.

“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,” Steele wrote in his email.

Splunk, which approximately has over 7,000 employees, is expected to incur a $28 million expense due to downsizing plan, primarily in cash expenditures related to severance payments among other things, the filing showed.

The company said it will support employees who have been laid off.

“For US employees, that includes severance pay, healthcare benefits, career and job placement services, the March equity vest and FY23 bonus payouts, and access and guidance to pursue other roles within Splunk,” Steele wrote in his email, adding that similar support will be offered to employees outside the US.

Copyright © 2023 IDG Communications, Inc.

Wed, 01 Feb 2023 17:54:00 -0600 en text/html https://www.infoworld.com/article/3687109/splunk-to-lay-off-4-of-its-workforce-to-reduce-costs.html
Killexams : If You Invested $1000 in Splunk a Decade Ago, This is How Much It'd Be Worth Now

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.

Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.

What if you'd invested in Splunk (SPLK) ten years ago? It may not have been easy to hold on to SPLK for all that time, but if you did, how much would your investment be worth today?

Splunk's Business In-Depth

With that in mind, let's take a look at Splunk's main business drivers.

San Francisco, CA-based Splunk Inc. provides software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. The company’s offerings enable users to investigate, monitor, analyze and act on machine data and big data, irrespective of format or source, and helps in operational decision making.

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 users to interactively explore, analyze and visualize data stored in sources such as Hadoop and Amazon S3.

Splunk Cloud delivers the benefits of Splunk Enterprise deployed and managed reliably and scalably as a service. Splunk Light provides log search and analysis, which are designed, priced and packaged for small IT environments.

The company’s premium solutions include Splunk Enterprise Security (ES), Splunk IT Service Intelligence (ITSI) and Splunk User Behavior Analytics (UBA). These solutions address emerging security threats and information and event management (SIEM), monitor health and key performance indicators of critical IT, and detect cyber-attacks and insider threats in business operations, respectively.

Splunk complements the aforementioned services with few add-ons, including Splunk Machine Learning Toolkit (MLTK), Splunk App for AWS, Splunk DB Connect and Cisco Firepower App for Splunk.

Splunk generated revenues of $2.67 billion in fiscal 2022. License and Cloud Services contributed 39.5% and 35.3% of total revenues in the fiscal, respectively. Maintenance and services revenues accounted for the rest.

Splunk Enterprise customers pay license fees generally based on their estimated peak daily indexing capacity needs. The company also generates revenues from enterprise adoption agreements (EAAs). Splunk Cloud customers pay an annual subscription fee based on the combination of the volume of data indexed per day and the amount of data stored.

The company faces significant competition from the likes of Oracle, IBM, Intel and Microsoft, among others.

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Splunk ten years ago, you're likely feeling pretty good about your investment today.

According to our calculations, a $1000 investment made in February 2013 would be worth $3,161.58, or a gain of 216.16%, as of February 9, 2023, and this return excludes dividends but includes price increases.

The S&P 500 rose 171.28% and the price of gold increased 7.95% over the same time frame in comparison.

Looking ahead, analysts are expecting more upside for SPLK.

Splunk’s performance is gaining traction from healthy customer engagement, evident from the consistently high net retention and competitive win rates alongside solid momentum with large orders overall. The company is improving the resilience and security of its critical system and driving efficiencies within its own internal operation. Also, business transition from perpetual licenses to subscription or renewable model is expected to benefit it in the long run. The company’s top line is benefiting from high demand for its cloud solutions. However, the transition to a renewable model from a perpetual license model is hurting its cash-flow generation ability due to lower upfront payment. Management expects sluggish on-premise business to hurt growth in the near term. Stiff competition and leveraged balance sheet are further concerns.

The stock is up 20.06% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 1 higher, for fiscal 2023. The consensus estimate has moved up as well.

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Thu, 09 Feb 2023 04:42:00 -0600 en-US text/html https://finance.yahoo.com/news/invested-1000-splunk-decade-ago-133001658.html
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
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