The Wall Street Journal: Software vendor Splunk saw its shares climb 109 percent on the first day of trading. That's the best debut for a technology IPO so far this year, besting Millennial Media's 92 percent surge on its first day of trading.
Part of the "big data" trend, Splunk's software harvests machine data--the log data from servers, switches and all other devices that connect to an enterprise's network--for analysis. The company has 3,700 customers, but has not yet turned a profit. It reported an $11 million loss for the fiscal year ended in January.
One of the ways around the issues of security and control that make some businesses wary of cloud computing is to build a private cloud -- one that remains within the corporate firewall and is wholly controlled internally. Private clouds also increase the agility of IT an organization's IT infrastructure and make it easier to roll out new technology projects. Download this eBook to get the facts behind the private cloud and learn how your organization can get started.