What’s Driving Growth for Splunk and Its Peers?

It’s no surprise that big technology players such as Microsoft Corporation (MSFT), Amazon.com (AMZN), IBM, and Oracle Corporation (ORCL) are aggressively making inroads into the big data space with their offerings. Cloudera and Hortonworks, also big data companies, have built their technology on Hadoop, which is an open source technology. HP, notably, believes that big data will likely drive the company’s growth after its split into two entities.

As an alternative to investing in Splunk directly, you might consider investing in the iShares North American Tech-Software ETF (IGV) in order to gain exposure to Splunk. IGV invests 1.81% of its total holdings in Splunk.

View more information: https://marketrealist.com/2015/11/whats-driving-growth-splunk-peers/

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