Splunk Continues to be a Leader in Gartner’s Market Share
Evaluation of the Performance Analysis: AIOps, ITIM and Other Monitoring
Tools Category for 2018
SAN FRANCISCO--(BUSINESS WIRE)--Apr. 23, 2019--
Inc. (NASDAQ: SPLK), delivering actions and outcomes from the world
of data, today announced that it has increased market share according to
Gartner’s Performance Analysis: AIOps, ITIM and Other Monitoring Tools
market, which is part of Gartner's Market Share Report: All Software
Markets, Worldwide, 20181. For this analysis, Gartner
evaluated Splunk’s IT offerings, including Splunk® IT Service
Intelligence (ITSI), Splunk App for Infrastructure, Splunk CloudTM
and Splunk Container Monitoring. Customers can view the full report on
According to Gartner’s ITOM Performance Analysis: AIOps, ITIM and Other
Monitoring Tools, Splunk is ranked No. 2 with 13.7% market share after
IBM. Third-highest market share is Microsoft with 8.3%. Overall, Gartner
has measured the ITOM Performance Analysis market at $5.2 billion in
2018, a 12% increase from last year. Based on the report, Splunk’s total
revenue in this market for 2018 increased to $705.5 million, continuing
its ranking as one of the leading vendors in this market.
“We recognize that IT environments are only getting more complex, which
is why IT teams rely on Splunk’s artificial intelligence and machine
learning-powered platform to gain insights and drive business outcomes
across their organizations,” said Rick Fitz, senior vice president and
general manager of IT markets, Splunk. “We believe the ability to bring
the entire breadth and complexity of data into the Splunk platform to
let IT teams gain insights is validated by our growing industry presence
in this Gartner report.”
Splunk’s IT solutions provide customers with a modern IT Operations
suite that includes infrastructure monitoring, service monitoring,
automation, AIOps and incident response. Those solutions include Splunk
ITSI, Splunk App for Infrastructure, and Splunk VictorOps. For more
information on Splunk’s IT solutions, visit the Splunk
About Splunk Inc.
Splunk Inc. (NASDAQ: SPLK) helps organizations ask questions, get
answers, take actions and achieve business outcomes from their data.
Organizations use market-leading Splunk solutions with machine learning
to monitor, investigate and act on all forms of business, IT, security,
and Internet of Things data. Join millions of passionate users and try
Splunk for free today.
Splunk, Splunk>, Listen to Your Data, The Engine for Machine Data,
Splunk Cloud, Splunk Light and SPL are trademarks and registered
trademarks of Splunk Inc. in the United States and other countries. All
other brand names, product names, or trademarks belong to their
respective owners. © 2019 Splunk Inc. All rights reserved.
1Gartner: Market Share: All Software Markets, Worldwide,
2018, April 8, 2019
View source version on businesswire.com: https://www.businesswire.com/news/home/20190423005350/en/
Source: Splunk Inc.