AI Index / Elastic N.V.
Elastic N.V. (ESTC)
Elastic incorporates AI in its search and security analytics platforms, particularly through generative AI applications within Elastic Cloud. The company’s Elasticsearch AI platform and proprietary machine-learning models contribute to semantic search advancements. Over 1,300 customers utilize Elastic’s AI-driven cloud solutions.
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Quotes from ESTC Executives About Artificial Intelligence and Generative AI
We also continued to drive strong momentum around generative AI opportunities. And this helped us accelerate growth in our Search business.
- Ashutosh Kulkarni
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Quotes from elastic Executives About Artificial Intelligence and Generative AI
We also continued to drive strong momentum around generative AI opportunities. And this helped us accelerate growth in our Search business.
- Ashutosh Kulkarni
Our innovations are expanding our competitive differentiation. We continue to strengthen our position as the platform of choice for building real-time GenAI applications.
- Ashutosh Kulkarni
I am very pleased that we ended Q1 with over 1,300 customers using Elastic Cloud for generative AI use cases and with approximately 200 customers amongst our cohort of greater than 100K customers using us for GenAI.
- Ashutosh Kulkarni
...we saw an overall acceleration in our Search business as more customers chose Elastic to build-out their AI-powered generative AI use cases.
- Ashutosh Kulkarni
...a leading sales enablement software company signed an expanded deal to use Elastic to incorporate GenAI across its platform...
- Ashutosh Kulkarni
...a global leader in the transportation industry... will deploy our AI-driven security analytics capabilities such as the Elastic AI Assistant, Attack Discovery, and ESQL aiming to increase their event processing capacity by 20%.
- : Ashutosh Kulkarni
A large American law firm has signed a new deal with Elastic, displacing an incumbent solution for vector search and retrieval augmented generation.
- Ashutosh Kulkarni
In Security, AI is transforming the SIEM landscape. With the traditional SIEM fast evolving to an AI-driven security analytics platform for the modern SOC...
- Ashutosh Kulkarni
Partners are an essential part of our go-to-market strategy and we are delighted to be recognized as the 2024 Microsoft US Partner of the Year... reflects our shared focus to help customers accelerate their AI journey without sacrificing privacy and security...
- Ashutosh Kulkarni