Splunk has come out with the Splunk Storm, which is the cloud-based version of log-management software geared towards making it easier for companies to monitor, diagnose and troubleshoot cloud-based applications running multiple platforms such as: Amazon Web Services, Heroku, Google App Engine and Rackspace, to name a few. And guess what? You don’t have to download a single thing.

Splunk Storm is not the first of its kind out there as many more companies begin floating toward the cloud. Other cloud-based applications are Loggly, Sumo Logic and Seven Scale. Loggly actually recently received $5.7 million in funding. What Splunk has over these other applications is popularity and name recognition since it has been around since 2003, not to mention its success in IPO this year.

How it works:

Splunk Storm allows users to search both past and present machine data, filter events, match information across different data types, link applications across numerous application components, and follow trends on multiple operational parameters. And after all that’s said and done, reports are generated based on the data to help find and solve problems, almost like a detective solving a case. They can even share projects with others.

Storm can be a very useful tool for developers because they’ll be able to build statistical analysis in applications as well as eliminate any sort of performance problems. They can also keep track of semantic events by using semantic logging.

The service may also be useful for application support staff as well since it has the ability to monitor application performance and availability. System admins will also be able to monitor any issues that may occur.

“With a fully managed, pay-as-you-go service, Splunk has extended its delivery model to the cloud to target a new generation of developers and organizations who require on-demand services,” said Dennis Callaghan, senior analyst at 451 Research.

It should be interesting to ride along the wave of Splunk Storm’s success in the cloud.