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Business Description :
Splunk provides software for machine log analysis. Its flagship solution is Splunk Enterprise, used across a multitude of use cases including application management, IT operations, and security. The company has historically deployed its solutions on-premises, but the software-as-a-service delivery model is growing in popularity with Splunk Cloud. The company derives roughly 50% of its revenue from software licenses, with the remainder coming from cloud subscriptions, maintenance, and support.