For those of you with some gray hair working in the manufacturing business, remember when order intake plunged suddenly by more than 40%? Remember when CFO and Controllers ruled the company, driving painful cost-cutting programs to counter double-digit business losses? It was the time of the Economic and Financial Crisis 2007/08, which forced manufacturing organizations to stare in the abyss.
I recently chatted with Adam DeMattia from leading research and analyst firm ESG in a webinar about data use maturity in financial services. According to the research1, 21% of financial services firms identify as data innovators (compared to 11% of global respondents) — those who make smarter use of data as a matter of strategic importance.
Splunk’s recent "What Is Your Data Really Worth?" report1 highlighted the importance of data and analytics to financial services companies. In our global survey of business and IT decision makers2, 89% of respondents from financial services companies felt that the intelligent use of data and analytics is becoming the only source of differentiation in the industry.
I recently participated in a webinar exploring the question "What is Your Data Really Worth?" in the context of financial services. Enterprise Strategy Group (ESG), in partnership with Splunk, performed a global research survey of 1,350 business and IT decision-makers across leading economies and industries. Over the course of the webinar we discussed their findings with my participation focused on IT Operations.
You don’t need us to tell you that fraud and financial crime is on the rise. A quick google search will give you endless stats to support this claim. Fraud losses are increasing as a percentage of revenue, and that direct impact on the bottom line isan area of laser focus for senior execs.
Digital transformation is reshaping every aspect of our lives—from health to education to economic prosperity, and data is at the heart of it. At Splunk, we are bringing data to everything, enabling organizations worldwide to investigate, monitor, analyze and act on their data across IT, Security, and DevOps use cases. Through this digitization, we see customers accelerate their journey to the cloud for increased agility, reduced costs, and faster time-to-market.
We are excited to announce a strategic partnership with Google Cloud to bring real-time observability into Google Cloud Services and modern applications for our joint customers. Cloud has become essential to modernizing IT environments and enabling the digital initiatives of organizations large and small. Organizations undertake IT modernization – including cloud adoption – to accelerate innovation and increase operational efficiency while optimizing IT spend.
Welcome to the second installment of the Dashboards Beta blog series! I’m your host, Aditya Tammana, and today we have a very special guest – v0.5 of the Dashboards Beta app on Splunkbase!
Is it week 6 or 8 of telework now? I can't keep up, and it's probably not worth counting anymore. By now, all agencies have a majority of their employees working remotely and adjusting to the new normal; and we, at Splunk, are as well. In a way — like our CIO, Steve McMahon, puts it — we did have an early start.
As we connect with customers we increasingly hear the need for teams to be more predictive with their data. A big challenge is uncertainty around how to get started, especially when much of their data is unstructured. At Splunk, our goal is to make data — and machine learning — accessible for a broad range of users. The good news is, with machine learning doing even more work on your behalf, you don’t need to be a data scientist to use these advanced capabilities.
