Splunk Reports 2010 Revenue of $66 Million; Over 100% Annual Growth Rate in Asia

Operational Intelligence Leader Doubles Bookings and Customers in APAC

HONG KONG, March 3, 2011 /PRNewswire-Asia/ -- Splunk, the leading provider of operational intelligence software, today announced record results for the year ending December 31, 2010.  For the full year, Splunk achieved revenues of $66 million, representing year-over-year growth of 96%.  Splunk added over 900 new customers for the year, increasing the total to over 2,300 customers in 74 countries.

"Our 2010 results reflect the investment Splunk is making to drive customer success," said Robert Lau, Area VP, Asia Pacific & Japan of Splunk.  "We doubled our APAC customer base and the size of our team in Australia.  In addition, we opened our China operation adding a new senior team."

The Splunk Channel Organization played an important role in Splunk's 2010 success in Asia. Headed by new Channel Director, Danny Lui, and lead Solution Architect Tat-Wee Kan, the Splunk channel organization provides comprehensive sales enablement programs as well as pre-sales support to partners.  In addition to channel capacity, Splunk will continue to invest in building the APAC team in 2011.  Splunk has already added marketing and a number of technical team members since January.  

"We have a strong team in place and we are ready to raise the game.  I believe 2011 will be an exciting year for Splunk in Asia.  I want to thank our loyal customers for their trust and enthusiastic evangelism of Splunk," added Lau.

Additional 2010 Highlights:

• Released Splunk 4.1: Real-time search and monitoring for live streaming IT data
• Ended year with over 275 financial services and over 150 telecom customers worldwide
• Hosted the company's first annual worldwide users' conference – with over 300 customer and partner attendees from 16 countries
• Industry recognition including:
  
  • Winner "Best Integrated Security Solution" for 2nd straight year, SC Magazine
  • Finalist  "Best CEO" - San Francisco Business Times
  • "2010 Editor's Best Award"  by Windows IT Pro® Magazine

• Expanded Splunk Support operations into EMEA and Asia
• Established a Solutions group to build Apps that extend the value of core Splunk
• Launched Splunkbase and Splunk Answers sites to support the Splunk Community
• Named one of the "Best Places to Work" by the San Francisco Business Times for a third year in a row
• Awarded Certificate of Networthiness (CoN) from the US Army
• 48 customers in the Fortune 100

The company also announced record results for the fourth quarter, with over 300 new customers worldwide, including:

• Asia-Pacific: Sarasin Bank, Crossroads Foundations, Agencies of HKSAR Government, Haitong Taifook Securities in Hong Kong, the Institute for Information Industry in Taiwan, China Telecom, and Infratil Energy in Australia
• Americas: Staples, Amway, BondDesk and Health First
• Europe: Accor in France, AXA Germany, A1 Telekom in Austria and UniCredit Bank in Italy
• U.S. Federal sector: the U.S. Army Special Operations Command, the U.S. Veterans Administration, the FDIC and key U.S. DoD agencies
• Splunk also reported expansions by existing customers, including MetroPCS, SwissPost, LinkedIn and the U.S. Department of Health and Human Services

Additional Q4 Highlights:

• Launched IBTRM framework for Internet banking security and compliance, and successfully deployed in Singapore.
• Released PC-over-IP app designed for VMware
• Opened an Operational Intelligence Center in Taiwan with Systex to showcase Splunk solution and applications
• Expanded OEM agreement with Cisco - integrating Splunk within its line of Web and Email security appliance products

About Splunk

Splunk is the leading operational intelligence software used to monitor, report and analyze live streaming IT data as well as terabytes of historical data - located on-premise or in the cloud. Almost half of the Fortune 100 and more than 2,300 enterprises, service providers and government organizations in 74 countries use Splunk to improve service levels, reduce IT operations costs, mitigate security risks, and drive new levels of operational visibility.

For a new approach to IT, visit http://www.splunk.com, or visit http://www.splunk.com/download to download a free copy.

For more information, please contact:

Clara So, Marketing Manager APAC
Splunk Inc
Tel: +852-3101-7991
Fax: +852-3101-7992
Email: cso@splunk.com