![]() ![]() If data sets are combined together, tangible value and outcomes can be delivered and this is what Splunk allows you to do. But typically this data is ignored and untapped and is in effect dark data, meaning that we could be missing an opportunity to turn this data into positive outcomes or using it for multiple other purposes. This data contains a comprehensive, authoritative record of operations, interactions, and transactions. Digital data is typically ‘messy’ in nature, meaning it is sometimes structured and easy to find, but very often it is unstructured, in silos and machine-readable only. The Splunk platform provides insights from data generated by digital systems. This means as citizen demand for digital-enabled services increase, the public sector will need to be more curious and creative with their data and utilise platforms that enable them to bring data to every question, decision and action. To quote the recent Declaration on Government Reform: ‘We will put data at the heart of our decision making, learning explicitly from the approach we have taken in responding to COVID-19.We will make data visualisation a common tool to ensure Ministers and officials understand in real time the latest evidence underpinning decisions’. Public sector, industry and our citizens are moving into a new data age. In the UK Public Sector, Splunk is used in many different use cases including cyber security, IT and business operations. ![]() We provide solutions to organisations such as Porsche, Zoom, McLaren Racing, Intel, Coca-Cola as well as the UK Government. Splunk’s EMEA Headquarters is located in the UK, and we have two offices, in London and Reading. If a problem has data, then it's likely Splunk can help, for example Splunk has been used to fight modern slavery, combat wild fires and help run international airports. Splunk is an advanced data platform that delivers right-time analytics from diverse data sets and that enables organisations to ask questions of all their data. It can be used to mitigate cyber security risk, improve performance, increase reliability and observe what is happening in the cloud. You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself.‘The coronavirus pandemic showed that there is massive untapped potential in the way government and public services use and share data to help and protect people.’ ![]() Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Alternatively, email editorial-team (at). Have feedback on this article? Concerned about the content? Get in touch with us directly. This may not be consistent with full year annual report figures. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. You can access this free report on analyst forecasts for the company. We've identified 2 warning signs with Splunk, and understanding them should be part of your investment process. Consider for instance, the ever-present spectre of investment risk. While it is well worth considering the different groups that own a company, there are other factors that are even more important. But other times, private equity is selling out, having taking the company public. Some might like this, because private equity are sometimes activists who hold management accountable. With a stake of 7.9%, private equity firms could influence the Splunk board. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. The general public- including retail investors - own 11% stake in the company, and hence can't easily be ignored. You can click here to see if insiders have been buying or selling. Arguably recent buying and selling is just as important to consider. But it's worth noting that they own US$71m worth of shares. ![]() As it is a large company, we'd only expect insiders to own a small percentage of it. Our most recent data indicates that insiders own less than 1% of Splunk Inc. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. I generally consider insider ownership to be a good thing. ![]()
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