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

Intel Adds Two Chip Veterans To Board, Amid Search For New CEO

Two chip veterans named for Intel's board of directors, amid reports of expertise gap after…

22 hours ago

Waymo To Expand Ride-Hailing Service To Miami

Another major city in the United States is to receive Alphabet's Waymo ride-hailing service, with…

23 hours ago

Meta To Spend $10 Billion On Largest Data Centre To Date

Facebook parent confirms its 23rd data centre in the US will be located in Louisiana,…

2 days ago

Musk’s Neuralink Animal Lab Cited For ‘Objectionable Conditions’

Federal regulator reportedly cites animal lab at Elon Musk's Neuralink for “objectionable conditions or practices”

2 days ago

Trump Nominates Cryptocurrency Advocate Paul Atkins As SEC Chair

President-elect Donald Trump nominates a new chairman to head the SEC, who is a noted…

2 days ago