Splunk

Splunk is a tool that analyzes and search the machine-generated data. Splunk pulls all text-based log data and provides a simple way to search through it, a user can pull in all kind of data, and perform all sort of interesting statistical analysis on it, and present it in different formats.

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Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
The big data industry will be worth an estimated $77 billion by 2023.
Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
90 percent of IT professionals plan to increase spending on BI tools.

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