Cisco has completed the acquisition of Splunk, aiming to provide market-leading security and observability to empower organizations with a real-time unified view of their digital enterprises.
WHY IT MATTERS
The merger will offer comprehensive visibility and insights, enhancing resilience through a powerful security and observability product portfolio, according to Gary Steele, EVP and GM of Splunk.
The combination of technologies is considered transformative, providing solutions for networking, security, and operations executives, as per Stephen Elliot, group VP at IDC.
Customers can expect improved security, observability, networking, AI, and economics through a consolidated software platform approach.
The rollouts of these advancements will follow the announcement in the coming months.
Under the agreement, Cisco acquired Splunk for $28 billion in equity value.
THE LARGER TREND
As organizations upgrade their IT infrastructure and adopt new tools, their enterprise security needs increase.
The deal addresses a long-time problem for Cisco, providing a centralized logging platform for alerting and security monitoring.
Healthcare organizations can drive AI with improved infrastructure, data, security, and observability.
ON THE RECORD
“We will revolutionize the way customers leverage data to connect and protect every aspect of their organization,” said Robbins.
Accenture looks forward to the collaboration opportunities presented to clients.
Andrea Fox is senior editor of Healthcare IT News.
Email: afox@himss.org
Healthcare IT News is a HIMSS Media publication.
