![]() and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers. The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications, etc. It is a global provider of content delivery networks and cloud infrastructure services. In the last reported quarter, it pulled off an earnings surprise of 6.06%. ( AKAM Quick Quote AKAM - Free Report), carrying a Zacks Rank #2 (Buy) at present, delivered an earnings surprise of 4.86%, on average, in the trailing four quarters. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular and wireless 3G, 4G and IEEE 802-related products and networks.Īkamai Technologies, Inc. It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. You can see the complete list of today’s Zacks #1 Rank stocks here. In the last reported quarter, it pulled off an earnings surprise of 579.03%. ( IDCC Quick Quote IDCC - Free Report), sporting a Zacks Rank #1 (Strong Buy), delivered an earnings surprise of 170.89%, on average, in the trailing four quarters. Splunk currently carries a Zacks Rank #3 (Hold). The stock has gained 10.2% in the past year compared with the industry’s growth of 26.4%. The company’s top line is benefiting from high demand for its cloud solutions. Splunk’s software can be deployed in a wide variety of computing environments, from a single laptop to large globally distributed data centers, as well as public, private and hybrid cloud environments. The valuable insight into machine and big data is allowing users/enterprises to improve service levels, reduce operational costs, mitigate security risks and maintain compliance. Splunk is benefiting from healthy customer engagement, evident from the consistently high net retention and competitive win rates alongside solid momentum with large orders overall. The company’s software has a broad range of applications, including security analytics, business analytics and IT operations. Splunk’s software offerings enable users to have deep insight of their data on a real-time basis, thereby making the operational decision-making process faster. The integration of Splunk offerings into Microsoft Azure will ensure a smooth cloud transformation journey for enterprises and pave the foundation for future innovation. These solutions, powered by Splunk AI, offer end-to-end visibility from edge to cloud, enabling businesses to detect risks and generate data-driven actionable insights. Splunk empowers enterprises with a suite of innovative solutions including Splunk Enterprise, Splunk Enterprise Security and Splunk IT Service Intelligence. In response to these challenges, Splunk introduced its cutting-edge software solutions on Azure Marketplace in the United States with immediate effect, providing mutual customers with a wide range of tools to address security concerns and ensure resilient digital environments. The impact of potential data breaches on supply chains and workflows, as well as the financial implication of such events, cannot be overlooked. While these innovations have numerous benefits, their rapid adoption has also escalated the frequency and sophistication of security threats. The hybrid approach will support businesses with flexible deployment options and best-in-class security.Īs digital transformations gain pace worldwide, enterprises and individuals are becoming more and more reliant on advanced technologies. This will enrich customers with comprehensive cloud and hybrid visibility on a large scale and facilitate seamless innovation, modernization and expansion of their business environment. The strategic partnership intends to develop Splunk’s cloud solutions by utilizing Microsoft Azure. ( MSFT Quick Quote MSFT - Free Report) to support organizations with advanced digital resilience capabilities. ( SPLK Quick Quote SPLK - Free Report) collaborated with Microsoft Corp.
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