Based on our successful expense management, we're also increasing our annual free cash flow forecast by an additional $50 million.

Aug 23, 2023 / receipt, needs a key / Brian Kinion, CFO | earnings call 2023-08-23 | transcript e14605a2-91e3-482e-adf0-0b2579784b8a | chars 27563-27693 | segment 28

We continue to pause all but the most essential non-customer-facing travel, and Splunkers have adapted to this new model of collaboration and mindset for efficiency.

Mar 1, 2023 / receipt, needs a key / Gary Steele, CEO | earnings call 2023-03-01 | transcript 77580da9-cc69-471d-8961-1f13941ae4e2 | chars 14607-14772 | segment 14

Turning to our operating expense reduction efforts, we're also making good progress in the four areas we've identified on last quarter's call. contingent labor, travel and expenses, hiring, and real estate.

Nov 30, 2022 / receipt, needs a key / Gary Steele, CEO | earnings call 2022-11-30 | transcript 71c41c0f-4bb7-40c4-92b5-f43ab92a4da7 | chars 13302-13508 | segment 13

For T&E, we continue to limit spend on customer-facing travel and support only, and our customers and our employees have adjusted to an ongoing culture of expense reduction and efficiency.

Nov 30, 2022 / receipt, needs a key / Gary Steele, CEO | earnings call 2022-11-30 | transcript 71c41c0f-4bb7-40c4-92b5-f43ab92a4da7 | chars 13700-13888 | segment 13

Just to unpack some of the details around our expense initiatives and what's driving leverage, Some of the areas we're focused on include rationalizing usage of outside services for only the most critical projects, limiting T&E to customer-facing travel and support, and then we're also taking a more thoughtful approach to hiring increasing overall sales capacity.

Aug 24, 2022 / receipt, needs a key / Jason Child, CFO | earnings call 2022-08-24 | transcript 97dafe5f-b80b-4d64-8fe4-a7fe3f29c13f | chars 14495-14860 | segment 15

One of the leading online travel platforms is migrating from Splunk Enterprise to Splunk Cloud Platform with workload pricing, allowing them to expand their application development, reduce costly downtime, drive timely new product releases, and ensure optimal customer experiences as travelers discover and book hotels, flights, and more.

Mar 2, 2022 / receipt, needs a key / Graham Smith, CEO | earnings call 2022-03-02 | transcript 87575dbb-6f9c-4406-ace1-6b579d5fc165 | chars 5780-6118 | segment 5

And Jason, one for you, I realize the income statement profitability measures are kind of masked by the transition. But when we think about you all coming out of this and normalizing a little bit, I mean, every sort of other enterprise software company has seen some benefits from remote work, whether it's real estate savings, whether it's less travel. I mean, is there any reason that sort of overall efficiency of the business model shouldn't be higher as we normalize on sort of just the revenue transition versus where you were you know, say a year or two ago? I mean, are you seeing some of those same benefits I guess we're seeing in companies that frankly are already, you know, sort of fully cloud in a cloud revenue model?

Jun 2, 2021 / receipt, needs a key / Kirk Mattern, analyst | earnings call 2021-06-02 | transcript 02407b3a-838d-41cc-ad4b-6c7fb0e3c14b | chars 37545-38277 | segment 37

I'm hopeful, but I think it's early since really hardly anyone's returned to work and therefore hasn't really returned to travel. It's hard to know exactly how the market will actually react. I do think it's certainly reasonable to think that with the productivity gains we've seen that we should be able to flow that through.

Jun 2, 2021 / receipt, needs a key / Jason, CFO | earnings call 2021-06-02 | transcript 02407b3a-838d-41cc-ad4b-6c7fb0e3c14b | chars 38278-38604 | segment 38