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Splunk company4/30/2023 ![]() Before taking over as Splunk CEO, Steele led a cybersecurity company, Proofpoint, but hasn't led product development for DevOps software. However, another former employee, who said he left the company earlier this year due to Merritt's departure, felt Steele's hands-on management might not be good news for the company's cloud-native observability tools. "Focus and direction would only help in delivering." "Historically, there had been a problem with spreading too many bets too thinly," the former executive said. "What I don't see spoken about enough are costs to their clients, which is a fairly well-known issue in the marketplace."Ī former Splunk executive watching the news this week said Splunk's organization could use some flattening, and the roadmap Steele laid out is reasonable. "When looking at the various components mentioned in the earnings call and announcements, it appears that simplicity and efficiency are underpinning the decisions Steele is making at Splunk," said Carlos Casanova, an analyst at Forrester Research. But one industry analyst wondered whether Steele's strategy could go farther in that direction. Splunk also rolled out workload pricing last year in a bid to address customers' longstanding concerns about its licensing costs. conf22 keynote presentation, Steele mentioned lowering storage costs using cloud services such as Amazon S3, and Splunk Cloud this week added support for lower-cost "cold storage" in SmartStore on Azure. Industry watchers predict Steele will bring cybersecurity focusĭuring his. You'll have the ability also to think about where you want to store your data and how you can take advantage of the lowest-cost options available."įinally, Splunk will continue to integrate its security and observability tools and add further collaboration tools for DevSecOps teams to triage incidents together, according to Steele. "We believe you should be able to decide to move data when you want to move it and make it as efficient as possible. "We want to take on complexity head-on and lead the market in federated search," Steele continued. ![]() Machine learning product advancement will focus on improving Splunk's anomaly detection algorithms, risk-based alerting prioritization and making it easier to write queries within AIOps tools, he said. "We intend to accelerate our investments in machine learning and automation so that can predict more issues before they become costly problems," Steele said during the keynote presentation. conf22 keynote as CEO this week, Steele outlined his strategy for Splunk's products: to include more advanced machine learning and AIOps automation features as well as further federated search capabilities among distributed data repositories. We're really well-positioned to do that within a flatter organization. ![]() I love to get my hands dirty and work directly with the engineering teams. We're really well-positioned to do that within a flatter organization." "I love to get my hands dirty and work directly with the engineering teams. "One of the things I'm actually personally super excited about is rolling up my sleeves and working closely with the engineering leaders to drive higher speed, agility and a faster pace of innovation," Steele said in response to Wall Street analyst questions on the earnings call. ![]() "Flattening our org structure will help us do that."Īs part of this plan, Steele will directly lead the product marketing and development organizations. "My first priority has been to increase internal speed and agility across our people and organizations," he said. Carlson's and Bice's roles will not be filled, Steele said on last month's earnings call. Bice was hired as part of a wave of new executive appointments last year that caused some consternation among employees, especially as new hires such as Teresa Carlson, the now-former president and chief growth officer, were positioned by the company above existing managers instead of promoting from within.Ĭarlson stepped down in March, just as Steele was taking over as CEO following a three-month search for a replacement for his predecessor, Doug Merritt, who stepped down in November 2021. Shawn Bice, president of products and technology at Splunk since June 2021, departed the company as of June 16, according to remarks by Splunk's new CEO, Gary Steele, in the company's earnings call May 25.
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