'We need to move to a position where we can predict and respond. 'Previously you had to work on the assumption that a breach had happened, once someone was in, there was lateral movement that you had to identify before you could respond,' Patel told CNBC. In 2021, for the eighth consecutive year, Splunk was a leader in the Gartner Security Information and Event Management Magic Quadrant, highlighting the power and durability of our solutions.

He said that new technologies like AI and machine learning are needed to identify and patch vulnerabilities to be compressed from days to minutes. Total revenues were 2.67 billion, up 20 year-over-year. It currently takes roughly four days for a network vulnerability to be discovered before it's exploited, and the time taken to patch it is even longer at an average 45 days, according to Patel. He noted that a security architecture like HyperShield hadn't been built previously because much of the architectures across the industry were created in a time when modern-day applications and technologies like generative AI didn't exist. 'So when you consider the increase in requirements that this places on the data centre, and how we build for that, there is a need to rearchitect, not build more of the same,' said Patel. Increased Annual Recurring Revenue 15 to 4.2 BillionAchieved Q4 GAAP Net Income of 427 MillionGenerated over 1 Billion in Annual Operating Cash Flow and Adjusted Free Cash Flow. Job Overview: This position resides in the Technology Services Division (TSD) of the Department of Revenue. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

Splunk revenue 2021