These have consistently been primary drivers for log management, and it is not a huge shock that they continue to be priorities. What Does the Research Say About Log Management Today?įindings highlight the top two use cases for log management are security and IT monitoring. We encourage you to read the report to get the full, in-depth findings on the uses and best practices of log data management today.
In this blog, we’ll summarize a handful of revelations from our research. We gathered feedback from 50 medium-to-large enterprise organizations, to help us to more deeply understand how customers are managing their exponential growth of log data. In 2021, we collected detailed insights from a group of practitioners using log data in their daily operations via online surveys and phone interviews. The constant demand to gain more insights from this data.The sheer growth of the data that organizations generate.
The cause of this rapid market expansion is two-fold due to: With this massive growth in log data, there will also be massive demand for escalated support in log management systems. Analysts predict this will grow to $3.7 billion by 2025. These include FAANG stocks – an acronym for five mega-cap US tech companies: Facebook, Amazon, Apple, Netflix, and Google.The global market for log management was valued at $1.9 billion in 2020, according to MarketsandMarkets. However, Bianco suggested the index's gains aren't cause for celebration as only eight stocks are behind its progress. The index has gained ground despite the recent banking-sector chaos, which was triggered by the collapse of Silicon Valley Bank and initially rattled stocks.
The S&P 500 has been on a choppy ride this year, rising about 5.9% since the start of January to its highest level in about three weeks. Eight stocks are keeping the YTD gains in the S&P 500 positive."
and someone tell the other 492 stocks in the S&P 500 as they are collectively down on the year. "Someone tell the bank stocks as they are unable to rally. "Narrative building that the banking crisis is now over because the S&P 500 has just about retraced all its losses," the Bianco Research president said in a Thursday tweet. The S&P 500's year-to-date gains have been driven by just eight stocks, while the other 492 stocks in the benchmark index have fallen as a group in 2023, signaling the banking turmoil isn't over yet, Jim Bianco said.
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