Cloudera can help optimize Splunk deployments by providing more cost-effective scalability, increased data flexibility, and enhanced analytics capabilities. Cloudera can ingest data from Splunk indexes and apply enrichment using open-source machine learning before storing the data in its data hub. This provides a single platform for advanced analytics like SQL and Python/R scripts across both historical and new data. Initial use cases include offloading event data from Splunk to reduce costs and loading additional context sources to gain better insights.