Elastic Announces General Availability of Searchable Snapshots and Introduces Runtime Fields

Rhea-AI Summary

Elastic (NYSE: ESTC) has announced the general availability of searchable snapshots and the beta release of schema on read with runtime fields. These features aim to enhance data insights and cost efficiency in Elastic Enterprise Search, Observability, and Security solutions. The cold data tier in Elasticsearch 7.11 enables cost savings of up to 50% in infrastructure costs while maintaining performance. Additionally, runtime fields allow for flexible schema definition at query time, reducing the time to insight and optimizing costs.

Positive

• General availability of searchable snapshots enhances data management.
• Cold data tier reduces infrastructure costs by up to 50% with minimal performance impact.
• Runtime fields improve flexibility in schema definition at query time.
• New features enhance cost efficiency across Elastic's solutions.

Negative

• None.

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch and the Elastic Stack, recently announced the general availability of searchable snapshots and the beta of schema on read with runtime fields to maximize data insights and cost efficiency across its Elastic Enterprise Search, Observability and Security solutions.

With the general availability of searchable snapshots and the cold data tier in Elasticsearch 7.11, customers can retain and search data on low-cost object stores such as AWS S3, Microsoft Azure Storage and Google Cloud Storage to balance storage costs, search performance and depth of data insight. The new cold tier capability, which is also available in Elastic Cloud, reduces infrastructure costs by up to 50% with minimal performance impact — all with the same level of reliability, redundancy and automatic recovery expected from Elasticsearch.

Elasticsearch 7.11 also introduced the beta of runtime fields, which allows users to define the schema for their index at query time. With runtime fields built on the Elastic Stack, users now have the ability to choose between the performance and scale of schema on write or the flexibility of schema on read in the same Elasticsearch cluster. Users can create fluid data structures with schema on read, reducing the time to first insight and optimizing cost. Regardless of use case, runtime fields help teams reduce the time to get value from their data.

For more information read the Elastic blogs about searchable snapshots and runtime fields.

About Elastic:

Elastic is a search company built on a free and open heritage. Anyone can use Elastic products and solutions to get started quickly and frictionlessly. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere. From finding documents to monitoring infrastructure to hunting for threats, Elastic makes data usable in real time and at scale. Thousands of organizations worldwide, including Cisco, eBay, Goldman Sachs, Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon, use Elastic to power mission-critical systems. Founded in 2012, Elastic is a distributed company with Elasticians around the globe and is publicly traded on the NYSE under the symbol ESTC. Learn more at elastic.co.

Elastic and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210302006158/en/

FAQ

What are searchable snapshots in Elastic?

Searchable snapshots allow customers to retain and search data on low-cost object stores, optimizing storage costs and performance.

How much can the new cold data tier reduce infrastructure costs?

The cold data tier can reduce infrastructure costs by up to 50%.

What is the benefit of runtime fields in Elasticsearch?

Runtime fields allow users to define the schema at query time, enhancing flexibility and reducing time to insight.

When was Elasticsearch 7.11 released?

Elasticsearch 7.11 was released recently, introducing new features aimed at improving data insights and cost efficiency.