Splunk's existing cloud service is a disaster they are desperate to make it work but due to lack of experience in the cloud field they think they can buy credib

Splunk's existing cloud service is a disaster they are desperate to make it work but due to lack of experience in the cloud field they think they can buy credibility by acquiring a SaaS company to make it work and it will only get worse. Splunk is forcing customers to sign on to it's cloud service by ending all perpetual licensing by November 2019 and forcing subscription cloud and term licensing to make it affordable to customers. It will take them an extra 5 or more years to break even as their cloud service has been in existence for 6 years. There is no guarantee of success as they haven't been known for their execution with poor leadership everywhere in the company. The SignalFX exec management team will make money but no one else will. They will only be there for one year as they realize they've been put into subservient roles reporting to incompetent SVP and VP Splunk managers. The regular employees will soon find out that Splunk is a chaotic and terrible environment and that no one is held accountable for their mistakes or lack of competence. Their stocks will be reset to what splunk will dole out for new employees and they have to vest for 4 years all over again. There is no joy to this it's a brutal reality and Splunk will eventually be purchased by a legacy tech company like Cisco or a private equity like Thoma Bravo.