Welcome to our dedicated page for Elastic N.V. news (Ticker: ESTC), a resource for investors and traders seeking the latest updates and insights on Elastic N.V. stock.
Elastic N.V. (NYSE: ESTC), frequently described as the Search AI Company, generates a steady flow of news around search, artificial intelligence, observability, and security. This page aggregates news coverage and press releases about Elastic, giving investors and technology professionals a single place to review its latest product announcements, partnerships, financial updates, and strategic initiatives.
Company news often highlights advances in the Search AI Platform, including enhancements to Elasticsearch as a document and vector database for generative AI and knowledge discovery. Elastic reports on new capabilities such as Agent Builder for building AI agents on enterprise data, Elastic Inference Service for GPU-accelerated inference, and agentic AI features embedded in observability and security products. These updates show how the company is positioning its platform for AI-native, search-powered applications.
Elastic also issues news on its observability offerings, including innovations in the Elastic Distribution of OpenTelemetry (EDOT), managed OTLP endpoints, and features like Streams that apply agentic AI to log analysis. Announcements frequently describe integrations with major cloud and AI ecosystems, such as Amazon Bedrock AgentCore, Azure AI Foundry, and Google Vertex AI, reflecting Elastic’s focus on open standards and interoperability.
Security and public sector developments are another recurring theme. Elastic has announced a partnership with the Cybersecurity and Infrastructure Security Agency (CISA) and ECS to build a FedRAMP-hosted SIEM-as-a-Service platform for U.S. federal civilian agencies, as well as a strategic investment in Siren to support AI-driven investigations for national security and financial crime. Investors can also find earnings releases, conference participation notices, and recognition from analyst firms such as IDC and Forrester, which provide additional context on Elastic’s market positioning.
By reviewing this news feed regularly, readers can follow how Elastic’s technology, partnerships, and financial disclosures evolve over time and how these developments relate to ESTC stock and the broader software and AI landscape.
Elastic (NYSE: ESTC) has resolved its trademark dispute with Amazon regarding the term 'Elasticsearch.' The resolution will see Amazon remove the term from its website and service names, addressing market confusion caused by its use. Elastic had previously changed the license for Elasticsearch and Kibana to clarify its offerings. CEO Ashutosh Kulkarni emphasized the company's focus on collaboration with Amazon, showcasing strong momentum in their partnership, particularly in data workflows and subscription experiences in the AWS Marketplace.
Elastic (NYSE: ESTC) has unveiled Elastic 8.0, enhancing its Search Platform with native vector search and support for natural language processing (NLP) models. The updates aim to improve data onboarding and security for users. Key features include approximate nearest neighbor (ANN) capabilities for efficient querying of large datasets, an upgraded security framework, and a simplified onboarding experience on Elastic Cloud via AWS. These innovations are designed to deliver faster, relevant search results, streamline data ingestion, and protect customer data against unauthorized access.
Elastic (NYSE: ESTC) announced the promotion of Ashutosh Kulkarni to CEO, succeeding Founder Shay Banon, who reassumes the role of Chief Technology Officer. Kulkarni, who served as Chief Product Officer since January 2021, is credited with driving growth in Elastic's cloud business. The board's decision was influenced by Kulkarni's accomplishments in product innovation and customer success. Separately, Paul Appleby has stepped down as president of worldwide field operations. Elastic anticipates exceeding its guidance for revenue and other metrics for Q3 FY22, with results expected in March 2022.
Elastic (NYSE: ESTC) has announced updates to its Elastic Enterprise Search Solution in the 7.16 release, enhancing user experience and management capabilities. Key features include the beta release of curations powered by adaptive relevance, which allows automated tuning of search results based on user interactions. Additionally, Elastic App Search and Workplace Search are now available in Kibana for unified data visualization. The release also integrates support for Google Firebase, enabling seamless indexing for improved application search experiences.
Elastic (NYSE: ESTC) announced enhancements in its 7.16 release of Elastic Observability, designed to empower users to monitor their digital ecosystems more effectively. New features include curated data exploration views that simplify analysis without requiring technical knowledge, available for real user monitoring and synthetics. The Elastic Agent now offers centralized management and one-click integrations. Additionally, the release includes AWS FireLens integration for streamlined log management, and new certified apps on the ServiceNow Store enhance incident management workflows.
Elastic (NYSE: ESTC) has launched new integrations and enhancements in its Elastic Security solution with the 7.16 release. This update focuses on real-time visibility and protection against advanced attacks. Key features include the Osquery Manager integration for host inspection and additional protections for macOS and Linux. Elastic also introduced certified ServiceNow applications to streamline security workflows, enhancing analyst efficiency and IT coordination. This launch positions Elastic for improved detection and response capabilities in a fast-evolving cybersecurity landscape.
Elastic (NYSE: ESTC) has announced enhancements to its Elastic Search Platform, including the general availability of numerous prebuilt Elastic Agent integrations. These improvements aim to help customers improve operational efficiency and tackle data challenges more effectively. New features include integrations with AWS and ServiceNow, facilitating collaboration among ITOps, DevOps, and SecOps teams. Additionally, automated curation in Elastic Enterprise Search is now available, enhancing user search experiences.
Elastic (NYSE: ESTC) has announced integrations with ServiceNow to enhance IT service management and security operations. These integrations include certified applications for IT Service Management, Security Incident Response, and IT Operations Management, aimed at streamlining workflows and improving customer experience. The integrations allow seamless escalation of cases into ServiceNow while automating updates from Elastic alerts. This collaboration enhances visibility into IT operations, thereby aiming to improve organizational efficiency and productivity.
Elastic (NYSE: ESTC), the firm behind Elasticsearch, will have CFO Janesh Moorjani present at the virtual Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 7:55 a.m. PT / 10:55 a.m. ET. A live webcast and replay will be accessible on Elastic's Investor Relations page. Elastic specializes in enterprise search, observability, and security solutions, enabling real-time data usability at scale.
Elastic (NYSE: ESTC) announced robust Q2 fiscal 2022 results, reporting total revenue of $206.0 million, up 42% year-over-year, and Elastic Cloud revenue of $69.0 million, up 84%. Calculated billings rose 30% to $231.2 million, with deferred revenue at $390.3 million, reflecting a 26% increase. Despite a GAAP operating loss of $37.2 million, the company expects Elastic Cloud revenue to surpass 50% of total revenue in three years, driven by strong customer adoption.
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