The transition for a software company from selling a perpetual license with a maintenance agreement over to a software as a service (SaaS) cloud-based subscription model can be tricky. Splunk Inc.
Cisco Systems Inc.’s $28 billion acquisition of Splunk Inc. represents a good outcome for Splunk and a strategic growth opportunity for Cisco. Splunk’s painful transition to a cloud and subscription ...
Splunk's stock price has jumped around 40% this year after reporting strong Q2 results and raising its guidance for the year. The company continues to grow cloud ARR at a >20% y/y pace, while ...