Hi,
I am new to Splunk. I am doing research if we can use splunk to monitor salesforce and wanted to check if we need Salesforce Shield or the Salesforce Event Monitoring license if we have to use splunk.
This is a question to Salesfroce expert, not for Splunk community. The docs list what functionalities are used for data collection but you need someone with knowledge of the business side of the thing (pricing, packages and so on) to translate it to a specific service offering.
https://splunk.github.io/splunk-add-on-for-salesforce/Setupv1/