IBM Eyes Splunk Big Data Purchase, Say Reports

Big Data integration expert Splunk, which  is reportedly being eyed by IBM as a possible acquisition target, has released data showing that one customer got a return on ionvestment (ROI) of 200 percent.

With the curent fashion for Big Data, IBM is an obvious buyer for the firm, thanks to its fixation on analytics, but other possible suitors include Oracle, according to Bloomberg. Last week, as a result of speculation surrounding Splunk and IBM, the Splunk share price rose by 8.4 percent to $32.27 (£20.05) on the Nasdaq in New York . At the time of writing it is around $33 (£20.50).

Splunk when you’re Splunk-en to?

Unified comms service provider Ceryx used Splunk software to trace messages through its email firewall service, which monitors email flow to protect customers from spam and illicit email. Ceryx reported that it cut message-tracking workflow tasks eight-fold and dramatically improved response times. By simplifying compliance reporting the company was able to reassign junior staff to the job and save money. Ceryx also claimed that automation had shortened training time and reduced critical security tasks down to minutes.

Read the full story on ChannelBiz

Wish IBM would buy your firm? Try our quiz!

Nick Booth, ChannelBiz

Recent Posts

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…

2 hours ago

UK’s CMA Readies Cloud Sector “Behavioural” Remedies – Report

Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector

17 hours ago

Former Policy Boss At X Nick Pickles, Joins Sam Altman Venture

Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…

19 hours ago

Bitcoin Rises Above $96,000 Amid Trump Optimism

Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…

21 hours ago

FTX Co-Founder Gary Wang Spared Prison

Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…

21 hours ago