Splunk, the data intelligence company, is today releasing the latest version of its enterprise product which offers some interesting new economies when it comes to storage costs as well as a deeper visualization offering.
First to the cost side of the release, Splunk is promising that the new pricing for long-term data storage for its enterprise product will cut historical data storage costs with Splunk Enterprise by 40 to 80 percent, whether deployed on-premises, in the cloud or in a hybrid environment. The idea being that organizations can forget about having to decide what data to store and what to delete – the new costs mean that it is viable to keep historical data, to enable it to be used for analytics at a later date. This change reflects the increasing general trend of storage pricing to reduce, but also more specifically the competition that Splunk sees from a number of angles – from large public cloud computing vendors to smaller vendors taking advantage of lower pricing in the public cloud.
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