The Future Scope of Splunk

Last Updated: August 26, 2022 @ 21:54
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Written By Anastasios Antoniadis

(Former) Computer science Ph.D. student, amateur photographer, passionate blogger, SEO-nerd, and tech-enthusiast, Anastasios is the creator of BORDERPOLAR back in October 2020.

Splunk as a platform is used for monitoring and analyzing machine-generated Big Data, which consists of data from an organization's (security systems, technology infrastructure, business operations, and many more sources). Currently, the scope of fields like Social Media, Mobile, Analytics, and Cloud Computing have combinedly termed the SMAC revolution, giving rise to new technology growth. The organizations producing a huge volume of data from the SMAC are unstructured data, which is exactly what Splunk is good at monitoring and analyzing. 

Future Scope of Splunk

Splunk dives deep into machine-generated Big Data using Splunk Search Processing Language (SPL) and indexes it irrespective of data location or its format. Splunk establishes a relation between different activities, events, cloud & web servers, sensors, clickstreams, custom applications, etc. Splunk is a versatile tool consisting of 1200+ tools that ingest a multitude of formats of log data and offer on-premise, cloud, and even hybrid environment support.

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There has been a massive surge in demand for Splunk skills as more and more companies have started leveraging the benefits of Splunk for analyzing and deriving insights from machine-generated Big Data. It is the right indication for the growth of Splunk, associated apps, and Splunk as skills for more and more Big Data jobs. If you are aspiring for job opportunities with Splunk skill-sets, make sure to check out this Splunk Certification Program.

Splunk Careers

As per the reports published by Forbes, there has been a 704% job growth increment in Big Data-related jobs in the sector of unstructured machine-generated data and the Internet of Things (IoT) over the last five years. Speaking of job growth, I will list several job profiles that earn a higher payroll by having Splunk as their skillsets. 

  • System Engineer
  • Software Engineer
  • Security Engineer
  • Solutions Architect 
  • Programming Analyst
  • Technical Services manager

According to PayScale.com, System Engineer, IT with Splunk skills earns an average salary of USD 75,970. A Software Engineer with Splunk skills can earn an average salary of USD 88,770. A Security Engineer with Splunk skills can earn an average of USD 133,357. System Admin with Splunk skills can earn USD 73,539. And this list of high-paying jobs continues, and in the coming years, it looks very promising. 

Watch this YouTube video on Splunk Training to get a better understanding.

Where Could You Get a Job with Splunk skills?

With Splunk skills, you can get a job in wide-ranging technology domains. You can get better opportunities in those domains that follow the SMAC revolution. Some domains with good opportunities for Splunk skills are Finance and Insurance, IT, Retail, Manufacturing, and other Technical Services.

Many organizations, enterprises, companies, institutions, agencies, etc., use Splunk to generate deeper and unprecedented insights for various applications like fighting fraud, preventing cyber-attacks, understanding customer behaviors, enhancing services, improving performance, and cutting down costs. Splunk is being adopted at a feverish pace across the IT domain as companies have realized the potential of unstructured data. The growth graph of jobs with Splunk skills shows the increase in Splunk skill demand. 

A Light on Splunk Career Paths

If you aspire to add Splunk skills to your resume, you must know the different Splunk career paths. Splunk career has three primary pillars, and they are: 

  • Architect Role
  • Admin Role
  • Developer Role

If you happen to hone your Splunk skills, then look at the various tasks that have to be performed by Splunk specialists. As a Splunk Admin, you are responsible for performing installation, license management, Event parsing, managing Splunk apps, configuring them, performing distributed searches, and tuning their performance. 

If you aspire to become Splunk Architect, you must be a Splunk expert and leverage it to search and report data, create Splunk knowledge objects, operate dashboards and other visualizations, and architect and deploy Splunk within the organization. 

Check out this Splunk tutorial for beginners if you wish to know more about Splunk, its roles, and its applications.

Lastly, as a Splunk Developer, you manage, develop, and maintain end-to-end solutions. You must manage workload, design, architect, implement, and estimate. 

Summing Up

An alarming report published by Gartner stated that the amount of unstructured data is multiplying, outpacing the amount of structured data by a considerable margin. Gartner pointed out that most organizations don't have the proper infrastructure to store such a humongous amount of unstructured data. And due to this lack of proper infrastructure, this unstructured data is poorly controlled and handled. According to the report, 50% of organizations aren't ready to handle unstructured data, and by 2022, it's claimed that 93% of all global data will be unstructured. 

So there is a huge demand for tools and platforms like Splunk, a global leader in monitoring and analyzing such a massive volume of data. And it doesn't need any analytics to confirm this conclusion as companies cannot survive only by analyzing the small 7% structured data.