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Elastic N.V. - ESTC STOCK NEWS

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) delivers cutting-edge solutions for search, security, and data analytics, empowering enterprises to transform complex data into actionable insights. This dedicated news hub provides investors and technology professionals with essential updates directly from the company and verified sources.

Access official press releases detailing product innovations, financial results, and strategic partnerships. Our curated collection includes analysis of Elastic's advancements in observability tools, cloud services, and enterprise search capabilities - critical components of modern data infrastructure.

Key coverage areas include quarterly earnings disclosures, security solution updates, and technology partnership announcements. Stay informed about Elastic's open source developments and enterprise software enhancements that drive operational efficiency across industries.

Bookmark this page for streamlined access to Elastic's latest business developments. Regularly updated with verified information, this resource supports informed analysis of the company's market position and technological leadership in real-time data processing solutions.

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Elastic (NYSE: ESTC) has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines. This first-time entry highlights its Enterprise Search solution, which simplifies creating search experiences for customer and employee applications. Gartner emphasizes the growing need for insight engine technology as businesses generate more content. Elastic's solution offers simple configurations, flexible deployment options, and consumption-based pricing, which disrupts traditional pricing models. Customers have rated Elastic’s insight engines 4.5 out of 5 based on 34 reviews.

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Elastic (NYSE: ESTC) announced updates in the 7.12 release of Elastic Security, aimed at improving threat hunting and investigation workflows. Key features include analyst-driven correlation, behavioral ransomware prevention, and enhanced data lookback capabilities. The updates utilize Event Query Language (EQL) for targeted detection and combine machine learning with third-party context for comprehensive security. Additionally, Elastic Security integrates with existing systems, simplifying data migration from Splunk and supporting Cisco Advanced Malware Protection.

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Elastic (NYSE: ESTC) has introduced significant enhancements in its Enterprise Search solution with the 7.12 release. The update features a reimagined data architecture, promising up to a 70% improvement in storage efficiency and a 40% reduction in indexing latency. Additionally, the App Search web crawler now offers improved performance and supports web crawling standards. With autoscaling features, users can automatically adjust storage capacity based on predefined monitoring rules. These enhancements aim to bolster search performance and relevancy.

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Elastic (NYSE: ESTC) announced the 7.12 release, introducing significant updates for Elasticsearch, Kibana, and Elastic Cloud. Key features include the technical preview of the frozen tier for low-cost object store searches, general availability of schema on read with runtime fields, and autoscaling for efficient resource management. Enhanced support for ARM architectures and new instance types on Elastic Cloud promise improved performance and cost efficiency. The release also improves cross-cluster capabilities and subscription management via the AWS Marketplace.

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Elastic (NYSE: ESTC) has announced updates to its Elastic Observability solution in the 7.12 release, enhancing tools for root cause analysis and unified monitoring. New features include Elastic APM correlations, which identify high-latency application transactions, effectively decreasing resolution time. The release also introduces autoscaling on Elastic Cloud, allowing dynamic capacity adjustments based on data volumes without overspending. Furthermore, support for ARM processor-based infrastructure has been implemented for better performance monitoring.

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Elastic (NYSE: ESTC) has announced significant updates across its Elastic Stack, enhancing its Enterprise Search, Observability, and Security solutions. Key features include the new schema on read capability, a frozen data tier for cost-effective data storage, and improved autoscaling support in Elastic Cloud. Users can expect up to 70% better storage efficiency and enhanced performance, alongside new analyst-driven correlation tools in Elastic Security for threat detection. Such innovations empower organizations to extract value from their data more efficiently, potentially impacting overall customer satisfaction and market competitiveness.

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Elastic (NYSE: ESTC) and Grafana Labs have announced a partnership aimed at enhancing user experience by integrating Elasticsearch capabilities with Grafana's visualization tools. A new official Grafana Elasticsearch plugin will allow users to leverage the strengths of both platforms. The collaboration emphasizes community feedback and aims for interoperability, with future enhancements planned for the plugin. This integration will be available to all users, enhancing the functionality of Elasticsearch in conjunction with Grafana's extensive service offerings.

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Elastic (NYSE: ESTC) announced updates to Elastic Security 7.11, enhancing protection for cloud applications and hosts. This release includes prebuilt machine learning jobs and detection rules for SaaS applications like Google Workspace and Microsoft 365, improving security operations workflows. Streamlined alert management allows analysts to respond quickly, with customizable notifications and integrations with tools like Slack and ServiceNow. The refreshed Timeline workspace aids in threat hunting and investigation, further enhancing SOC efficiency.

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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.

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Elastic N.V.

NYSE:ESTC

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8.13B
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2.59%
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