Splunk, the Search Engine for Machine Data Company, Files for IPO. Why?
Splunk, the company which recently announced Shep a solution combining Splunk’s tool for collecting, monitoring, analyzing, searching, and reporting on massive streams of real-time and historical machine data with Hadoop, has filed for IPO.
Giving the following facts:
- you are in a market (Big Data, Web of Things) that is confirmed to see tremendous growth
- you have over 3300 customers,including a majority of the Fortune 100
- your revenues almost doubled year-over-year
the real question to be answered is why filing for IPO?
None of the posts I’ve read (TechCrunch, GigaOM, CTO Vision) gives any answers.
The very next question is who is going to be next rushing to capitalize on the growing trends of Big Data. Many names sprang to mind, but firstly what are your bets?
Original title and link: Splunk, the Search Engine for MacHine Data Company, Files for IPO. Why? (©myNoSQL)
