Whenever a new company emerges with a target market that is ill-defined, both the bulls and bears dig in and get to work with their respective promotion machines. That brings us to Splunk (SPLK). Can the company's technology and platform for collecting, processing, and analyzing machine data make it a Google (GOOG) of log and config files, or will it just prove to be another not-so-spectacular systems management tool, and one unworthy of a high teens multiple on sales?
Surfing A Tsunami Of Data
Enterprise IT systems generate an enormous amount of machine data on a day to day basis, largely in the form of log and configuration files. Most enterprises have homemade IT...
Only subscribers can access this article, which is part of the PRO research library covering 3,770 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: