We thought it might have died when Microsoft pulled the plug on its Scroogled campaign, but alas, not so. Moral of the story: badly executed guerrilla warfare is still alive and well in the enterprise tech market. The website owners also dutifully turned the domain name over to Splunk just as WIPO ruled that the owners of the website had no right to use Splunk's name in that way anyway. HP's lawyers also implied that these employees had gone rogue, noting that the company didn't own the site and couldn't be held responsible for it. was quickly and voluntarily taken down, the tweets deleted, and so on. HP promptly did the right thing and put the kibosh on it all. An investigation found that four HP employees and/or HP contractors were involved, the WIPO documents say. Naturally, Splunk got wind and its lawyers complained to HP's Chief Ethics and Compliance Officer Ashley Watson. Others went so far as to accuse Splunk of “pissing off a lot of customers lately.” “Just invented a splunk sandwhich, take two pieces of bread and a bunch of soggy logs with no security and put them together.” #splunkfail” (Ma is a security company #AprilFoolsDay.” (Ap of the tweets and posts comments were in such poor taste we won't repeat them in full here. They then proceeded to post a stream of insults to the sites like these, according to the complaint: One of HP's units, its Enterprise Security Division, sells a product called "ArcSight" that competes with Splunk.Ī handful of employees at that division got the idea to operate a website called " ," along with a Twitter handle and a YouTube account (“Splunk F”), according to documents of complaint filed with WIPO by Splunk's lawyers. Investors were so hot for the stock on the first day of trading that it was halted for a while. Splunk became the poster child for big data tech companies in 2012 when it became the first big data startup to go public. It often indicates a user profile.Ī group of HP employees were just busted for running a website that threw insults at HP competitor Splunk, according to documents from the World Intellectual Property Organization (WIPO). Splunk stock has risen about 120% since Merritt became CEO, compared with 125% growth in the S&P 500 index over the same period.Account icon An icon in the shape of a person's head and shoulders. Splunk reported $605.7 million in quarterly revenue in August, up 23% year over year, while cloud revenue, at $217.4 million, was up 73%. Other enterprise software companies, such as Adobe, Autodesk and Microsoft have gone through similar adjustments. The CEO transition is "an additional concern" the company is dealing with, on top of risks such as increasing competition from public cloud providers, entry into the observability market and the ongoing business model evolution, KeyBanc analysts led by Michael Turits, who have the equivalent of a hold rating on Splunk stock, wrote in a note distributed to clients.ĭuring Merritt's tenure Splunk has been shifting more toward providing its software as a cloud service, which has impacted revenue and operating margins. Smith is a former chief financial officer of Salesforce who joined Splunk's board in 2011. TechVets statement on the death of Her Majesty Queen Elizabeth II. Merritt joined Splunk as a senior vice president in 2014 after stints at Cisco, PeopleSoft and SAP, and in 2015 he replaced Godfrey Sullivan as Splunk's CEO, who had taken the company public in 2012. TechVets Partner Splunk Release 2022 Global Impact Report. The leadership change creates more uncertainty for a company working to become viewed more like a cloud company than a seller of more traditional on-premises software. ZeroFox partners with other software organizations such as IBM, Hootsuite, Splunk, ThreatQuotient, and others to visualize, analyze, and predict cyber security. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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