Splunk cuts cloud prices, promises uptime with new SLA

Splunk is cutting customer costs by 33 percent, and promising customers 100 percent uptime in a new service level agreement.

Splunk on Tuesday announced several key changes to its Splunk Cloud platform, including lower prices, new service plans and a 100 percent uptime service level agreement that the machine data player is calling the first of its kind.

As for the pricing, Splunk is cutting customer costs by 33 percent. Splunk Cloud is available now in the US and Canada starting at $675 per month for up to 5GB/day of data indexed. 

With the SLA, Splunk is looking to lure organizations that can not afford downtime on data platforms. Guido Schroeder, senior vice president of products for Splunk, said in a prepared statement:

"Splunk Cloud is the most comprehensive SaaS platform for Operational Intelligence, offering the full power of Splunk Enterprise as a highly reliable, scalable and flexible cloud service." 

The company said its also rolling out new service plans that will enable scalability and flexibility, as well as a free Splunk Online Sandbox that helps customers get started with a Splunk Cloud environment.