March 2023 SPLK-1001 Exam Dumps

Killexams SPLK-1001 actual exam dumps includes latest syllabus of Splunk Core Certified User exam with up-to-date exam contents | complete pool of questions

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Exam Code: SPLK-1001 Practice test 2023 by team
SPLK-1001 Splunk Core Certified User

A Splunk Core Certified User is able to search, use fields, create alerts, use look-ups, and create basic statistical reports and dashboards in either the Splunk Enterprise or Splunk Cloud platforms. This optional entry-level certification demonstrates an individual's basic ability to navigate and use Splunk software. The prerequisite course listed below is highly recommended, but not required for candidates to register for the certification exam.

As part of our programs partnership with PearsonVUE, all test registrants must adhere to a few universal guidelines (no exceptions):
● Must have a account/username, linked to a valid, current email address.
● Must create an account with PearsonVUE: Note: the name used for test registration must match the full name on candidates photo ID.
● Must be at least 18 years of age. Candidates age 13-17 who wish to participate must provide a signed parental acknowledgement form (available as Exhibit 1, attached to the Splunk Certification Agreement, included on page 19).
● Must pay the registration fee of $125 per test attempt (or $500 for 5 test registrations).
● Must provide valid photo ID and a second form of identification showing legal name (e.g. credit card, military ID, student ID, etc.) at the time of exam. To view the full ID policy, please click here.
● Must agree to Splunk Certification Agreement (see page 13, also found here).
● Must agree to the Pearson VUE Candidate Rules Agreement (found here).
● Candidates who wish to schedule an test appointment using the online portal must agree to the Pearson VUE Facial Recognition Policy. See Appendix D for more information.
● Online proctoring candidates must meet the PearsonVUE system requirements

Immediately after submitting the exam, the candidates results (pass or fail) will be displayed. For candidates testing onsite, a printout of these results will be provided by the on-site proctor.
Candidates testing via online proctoring will not receive a hard copy of their results, but will have the option to print a score report via their Pearson online account.
Candidates (both onsite and online) who pass the test will not receive any additional feedback regarding test performance.
Unsuccessful candidates (both onsite and online) can access additional information (including section feedback) via their Pearson online account.

Splunk Core Certified User
Splunk Certified student
Killexams : Splunk Certified student - 100% Guaranteed Search results Killexams : Splunk Certified student - 100% Guaranteed Killexams : If You Invested $1000 in Splunk a Decade Ago, This is How Much It'd Be Worth Now

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.

Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.

What if you'd invested in Splunk (SPLK) ten years ago? It may not have been easy to hold on to SPLK for all that time, but if you did, how much would your investment be worth today?

Splunk's Business In-Depth

With that in mind, let's take a look at Splunk's main business drivers.

San Francisco, CA-based Splunk Inc. provides software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. The company’s offerings enable users to investigate, monitor, analyze and act on machine data and big data, irrespective of format or source, and helps in operational decision making.

The company’s flagship offering, Splunk Enterprise, is primarily a machine data platform. It can collect and index petabytes of machine data on a daily basis. Splunk Enterprise also enables users to interactively explore, analyze and visualize data stored in sources such as Hadoop and Amazon S3.

Splunk Cloud delivers the benefits of Splunk Enterprise deployed and managed reliably and scalably as a service. Splunk Light provides log search and analysis, which are designed, priced and packaged for small IT environments.

The company’s premium solutions include Splunk Enterprise Security (ES), Splunk IT Service Intelligence (ITSI) and Splunk User Behavior Analytics (UBA). These solutions address emerging security threats and information and event management (SIEM), monitor health and key performance indicators of critical IT, and detect cyber-attacks and insider threats in business operations, respectively.

Splunk complements the aforementioned services with few add-ons, including Splunk Machine Learning Toolkit (MLTK), Splunk App for AWS, Splunk DB Connect and Cisco Firepower App for Splunk.

Splunk generated revenues of $2.67 billion in fiscal 2023. License and Cloud Services contributed 39.5% and 35.3% of total revenues in the fiscal, respectively. Maintenance and services revenues accounted for the rest.

Splunk Enterprise customers pay license fees generally based on their estimated peak daily indexing capacity needs. The company also generates revenues from enterprise adoption agreements (EAAs). Splunk Cloud customers pay an annual subscription fee based on the combination of the volume of data indexed per day and the amount of data stored.

The company faces significant competition from the likes of Oracle, IBM, Intel and Microsoft, among others.

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Splunk ten years ago, you're likely feeling pretty good about your investment today.

According to our calculations, a $1000 investment made in February 2013 would be worth $3,161.58, or a gain of 216.16%, as of February 9, 2023, and this return excludes dividends but includes price increases.

The S&P 500 rose 171.28% and the price of gold increased 7.95% over the same time frame in comparison.

Looking ahead, analysts are expecting more upside for SPLK.

Splunk’s performance is gaining traction from healthy customer engagement, evident from the consistently high net retention and competitive win rates alongside solid momentum with large orders overall. The company is improving the resilience and security of its critical system and driving efficiencies within its own internal operation. Also, business transition from perpetual licenses to subscription or renewable model is expected to benefit it in the long run. The company’s top line is benefiting from high demand for its cloud solutions. However, the transition to a renewable model from a perpetual license model is hurting its cash-flow generation ability due to lower upfront payment. Management expects sluggish on-premise business to hurt growth in the near term. Stiff competition and leveraged balance sheet are further concerns.

The stock is up 20.06% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 1 higher, for fiscal 2023. The consensus estimate has moved up as well.

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Thu, 09 Feb 2023 04:42:00 -0600 en-US text/html
Killexams : Splunk: Ready For Takeoff
White Splunk logo on balloon in urban setting

David Tran

The early-year market rally is showing no signs of stopping, and it's a great time for investors to re-tilt their portfolios toward forgotten growth names that are ready to burst out of the gate again. In this regard look no

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Splunk Q3 results

Splunk Q3 results (Splunk Q3 earnings deck)

Splunk top-line momentum

Splunk top-line momentum (Splunk Q3 earnings deck)

Splunk margins

Splunk margins (Splunk Q3 earnings deck)

Splunk operating margins

Splunk operating margins (Splunk Q3 earnings deck)

Fri, 27 Jan 2023 20:08:00 -0600 en text/html
Killexams : Several Reasons to Exit Your Position in Splunk (SPLK)

Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent. 

For example S&P 500 Index returned 43.4% in 1958. If Warren Buffett’s hedge fund didn’t generate any outperformance (i.e. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. That would have been 9.35% in hedge fund “fees”. 

Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as “fees”. His investors didn’t mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. That year Buffett’s hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as “fees”. S&P 500 Index lost 10.8% in 1957, so Buffett’s investors actually thrilled to beat the market by 20.1 percentage points in 1957.

Between 1957 and 1966 Warren Buffett’s hedge fund returned 23.5% annually after deducting Warren Buffett’s 5.5 percentage point annual fees. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. An investor who invested $10,000 in Warren Buffett’s hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor).

As you can guess, Warren Buffett’s #1 wealth building strategy is to generate high returns in the 20% to 30% range.

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Thu, 09 Feb 2023 01:22:00 -0600 en-US text/html
Killexams : Splunk Cuts Its Workforce About 4 Percent

Applications & OS News

Rick Whiting

The security and observability platform developer is laying off about 325 workers with most of the cuts in North America, according to an SEC filing.


Splunk is laying off about 4 percent of its workforce or about 325 employees, the unified security and observability platform developer disclosed in a filing with the U.S. Securities and Exchange Commission.

Splunk, headquartered in San Francisco, becomes the latest IT industry to undertake employee cutbacks in exact weeks. Just this week NetApp said it is laying off about 8 percent of its global workforce while earlier today Okta informed its employees of plans to cut about 5 percent of its workforce.

Other major companies that have instituted layoffs include SAP (about 3,000 jobs), IBM (about 3,900 workers), and Microsoft (10,000 jobs).

[Related: Tech Company Layoffs In 2023: The latest Cuts In Q1]

In a Form 8-K filing with the SEC on Wednesday, Splunk disclosed a reorganization plan that will cut approximately 4 percent of the company’s global workforce, with most of the layoffs in North America.

“Today, we are making the difficult decision to reduce our global workforce by approximately 4 [percent], mostly in North America,” Splunk president and CEO Gary Steele said in a note sent to Splunk employees on Wednesday and included with the SEC filing.

“This decision is another step in a broader set of proactive organizational and strategic changes that include optimizing our processes, cost structure and how we operate globally to ensure Splunk continues to balance growth with profitability through these uncertain times and drive success over the long term,” Steele said.

“The early proactive steps we’ve taken over the past several months have minimized the scale of the changes we are making now. Unfortunately, today’s decision impacts about 325 Splunkers across the company,” his note said.

The company estimates that it will incur approximately $28 million in charges and cash expenditures to cover the costs of the layoffs, including severance payments, employee retention and transition costs, and other expenses. The company expects to complete the layoffs in the current fiscal quarter that ends April 30.

“Decisions of this nature have a significant human impact, and I don’t take that lightly. Since I joined the company, I’ve often heard the phrase ‘once a Splunker always a Splunker.’ That statement couldn’t be more true than it is today,” Steel said in his note. “The people leaving the company are our fellow Splunkers, our friends, and have helped drive our success. I want to express my gratitude for the important contributions they’ve made to Splunk and to our customers,” he said.

“Looking ahead, we will continue to invest in the areas that got us to where we are today – including how we engage with customers, our innovation and our talent. This will include the select recruiting of new Splunkers in FY24, consistent with our focus on accessing global talent in lower-cost areas. At the same time, we will continually assess our organizational health, where and how we work, and how we deploy our team and resources to deliver customer and shareholder value,” Steele said.

The note also said that Splunk will decrease its reliance on “external resources,” such as agencies and consultants, to reduce costs.

News of the layoffs come as Splunk just closed out its fourth quarter and fiscal 2023 on Tuesday, Jan. 31. For the first three quarters (ended Oct. 31, 2023) of fiscal 2023 Splunk reported revenue of just over $2.40 billion, up nearly 36 percent from $1.77 billion in the first three quarters of fiscal 2023. The company also significantly cut its net losses to $546.7 million in the first three quarters of fiscal 2023 from $1.20 billion in the first three quarters of fiscal 2023.

Splunk’s shares closed at $106.99 Thursday, up 7.2 percent for the day and up more than 11 percent from Wednesday’s $96.15 opening price before the company’s SEC filing.

In October activist investor Starboard Value announced that it had acquired a stake in Splunk of just under 5 percent. In June 2021 private equity giant Silver Lake made a $1 billion convertible investment in the company and in early 2023 private equity firm Hellman & Friedman bought a 7.5 percent stake in Splunk.

Splunk’s executive ranks have undergone significant changes over the last 18 months. Steele took over as president and CEO in April 2023, replacing former CEO Doug Merritt who stepped down in November 2021. Sharyl Givens was hired as chief people officer in October 2023 and just last week the company announced the appointment of Brian Roberts, a former Lyft, Microsoft and Walmart executive, as the company’s new CFO.

CRN reached out to Splunk for additional comment, including whether the layoffs will impact the company’s channel operations, and a spokesperson provided the following statement:

“Splunk regularly assesses how our resources align to the evolving needs of our business. We’ve made the difficult decision to reduce our team by approximately 4 [percent], mostly in North America. This decision is another step in a broader set of proactive changes we’ve made over the past several months to ensure Splunk continues to balance growth with profitability through these uncertain times and drive success over the long term.”

Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at

Fri, 03 Feb 2023 02:04:00 -0600 en text/html
Killexams : Analyst Expectations for Splunk's Future

Analysts have provided the following ratings for Splunk (NASDAQ:SPLK) within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 7 4 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 2 0 0
3M Ago 2 6 2 0 0

These 14 analysts have an average price target of $106.71 versus the current price of Splunk at $99.8, implying upside.

Below is a summary of how these 14 analysts rated Splunk over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average has decreased by 9.24% from the previous average price target of $117.58.

Stay up to date on Splunk analyst ratings.

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wed, 01 Feb 2023 23:11:00 -0600 en text/html
Killexams : Splunk to lay off 4% of its staff in latest sign of software cutbacks

Splunk Inc. intends to lay off about 4% of its staff as cutbacks in the software industry intensify.

The move will impact about 325 employees at Splunk SPLK, -1.95%, mainly in North America.

“This decision is another step in a broader set of proactive organizational and strategic changes that include optimizing our processes, cost structure and how we operate globally to ensure Splunk continues to balance growth with profitability through these uncertain times and drive success over the long term,” Chief Executive Gary Steele said in a note to employees that was also filed with the Securities and Exchange Commission.

Steele said that Splunk’s “proactive steps” in exact months “have minimized the scale of the changes we are making now.”

The company previously set out to reduce its reliance on “external resources” like agencies and consultants. Going forward, the company will be “more judicious about what work we outsource and what we will stop doing,” according to Steele’s note.

Splunk plans to notify employees today if their roles will be affected.

The company expects to incur about $28 million in charges and future expenditures related to its “reorganization” plan, it said in an SEC filing. Splunk anticipates that it will book “substantially all” of these charges in the first quarter of fiscal 2024.

Splunk’s layoff announcement follows other exact ones from fellow software companies Salesforce Inc. CRM, -1.75%, Workday Inc. WDAY, -1.04%, and SAP SE SAP, -0.52%. The cuts are also part of a wave hitting the tech sector more broadly.

See also: PayPal joins IBM, SAP, Spotify, Google, Intel, Microsoft, Amazon and other major companies laying off thousands of people

Wed, 01 Feb 2023 00:29:00 -0600 en-US text/html
Killexams : Splunk slashes more than 170 jobs in the Bay Area No result found, try new keyword!More than half of the 325 jobs that Splunk Inc. is eliminating will come from the company's Bay Area operations, according to a letter the company sent to California officials earlier this month. Tue, 14 Feb 2023 10:16:00 -0600 text/html Killexams : Splunk Stock (NASDAQ:SPLK), Quotes and News Summary

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Tue, 14 Feb 2023 10:00:00 -0600 en text/html
Killexams : Splunk to Lay Off 4% of Staff in Cost-Cutting Move. Tech Jobs Rout Continues.

Splunk joined the growing list of tech companies announcing layoffs in an attempt to cut costs.

Splunk (ticker: SPLK) announced in a filing with the Securities and Exchange Commission on Wednesday that it will be reducing its global workforce by about 4%, or around 325 employees. Most of the layoffs would be in North America, Splunk said.

Wed, 01 Feb 2023 00:58:00 -0600 en-US text/html
Killexams : KeyBanc upgrades Splunk, cuts DataDog as firm gets 'increasingly selective' on cloud
Splunk headquarters in San Francisco

Sundry Photography/iStock Editorial via Getty Images

Investment bank KeyBanc Capital Markets upgraded Splunk (NASDAQ:SPLK) and downgraded Datadog (NASDAQ:DDOG) on Monday as the research firm said it is getting "increasingly selective" on cloud software stocks, citing the potential for a "meaningful" slowdown

Mon, 06 Feb 2023 00:03:00 -0600 en text/html

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