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Stock impact report

Exabeam's Fast Growth Not Slowing Down Splunk [Forbes]

Splunk Inc. (SPLK) 
Last splunk inc. earnings: 3/4 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.splunk.com/investor-relations
Company Research Source: Forbes
Exabeam's Fast Growth Not Slowing Down Splunk Douglas Merritt, president and chief executive officer of Splunk Inc., April 29, 2019. Patrick T. Fallon/Bloomberg © 2019 Bloomberg Finance LP Is a fast-growing startup a threat to incumbents? It depends on whether the incumbents are innovating in ways that please customers. If they are, then the startup is less of a threat. This comes to mind in considering the market for Security Information and Event Management (SIEM) services -- a large, growing industry with low barriers to entry that have admitted many competitors. One of the large publicly-traded SIEM-focused competitors is San Francisco-based Splunk -- whose shares are up 15% in 2019 (though down 15% from their May 16 all-time high). But as I wrote last August, a San Mateo, Calif.-based startup called Exabeam says it wins 70% of the faceoffs against Splunk IBM does not seem frightened by Exabeam. As IBM spokesperson, Michael Rowinski said on June 13, "QRadar remains the top securit Show less Read more
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