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Elastic Adds Support for Cohere High-Performance Embeddings

Retrieved on:

Wednesday, April 3, 2024

Software, Networks, Data Analytics, Artificial Intelligence, Data Management, Professional Services, Technology, Apps, Applications, API, RAG, ESTC, Online shopping

This includes Elasticsearch native support for efficient int8 embeddings, which optimize performance and reduce memory cost for semantic search across the large datasets commonly found in enterprise scenarios.

Key Points:

This includes Elasticsearch native support for efficient int8 embeddings, which optimize performance and reduce memory cost for semantic search across the large datasets commonly found in enterprise scenarios.
“We’re excited to collaborate with Elastic to bring state-of-the-art search solutions to enterprises,” said Jaron Waldman, chief product officer at Cohere.
“Developers who want to build more intuitive and accurate semantic search experiences for enterprise use cases need to look at Elasticsearch and Cohere,” said Shay Banon, founder & chief technology officer at Elastic.
The Cohere and Elastic communities now have great models to generate embeddings with support for inference workloads and seamless integration into the leading search and analytics platform that has invested in creating the best vector database.”
Support for Cohere embeddings is available in preview with Elastic 8.13 and will soon be generally available in an upcoming Elasticsearch release.

Elastic Announces 2023 Elastic Excellence Awards Winners

Retrieved on:

Wednesday, March 27, 2024

Professional Services, Data Management, Security, Technology, Data Analytics, Software, CISM, Organization, Elastic, Comcast, ESTC, ECA, ECS, Certification, ECE, CISSP, Public sector, Auction

Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards .

Key Points:

Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the winners and honorees of its Elastic Excellence Awards .
The awards celebrate organizations and individuals demonstrating ingenuity and resilience by pushing the limits of data search, observability, and security with groundbreaking implementations.
“We’re excited to announce the 2023 Elastic Excellence Awards winners and acknowledge our amazing community and their work.”
The 2023 Elastic Excellence Award winners and honorees are,
This award recognizes use cases addressing social and humanitarian challenges for the betterment of the world.
BUSINESS TRANSFORMATION AWARD: This award recognizes organizations that are creating measurable company-wide added value with each of Elastic’s solutions.

New Research from Elastic Finds Conversational Search Could Yield Staggering Productivity Returns

Retrieved on:

Tuesday, March 26, 2024

However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.

Key Points:

However, early adoption continues to be slowed by chaotic data estates, search challenges, and fears around privacy and security, regulation, and internal skills gaps.
This points to optimism that these technologies are poised to drive operational efficiencies and productivity, accelerate decision-making, improve customer engagement, and bolster security postures.
“While data may fuel this technology, search is the engine that powers its effectiveness.
“In particular, GenAI is transforming the data management, security, and search challenges many businesses continue to face.

Elastic Reports Third Quarter Fiscal 2024 Financial Results

Retrieved on:

Thursday, February 29, 2024

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its third quarter of fiscal 2024 ended January 31, 2024.
We present historical and forward-looking non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of these non-GAAP measures.
There was no impact to operating results, non-GAAP diluted earnings per share, adjusted free cash flow or cash and cash equivalents.

Elastic to Present in Upcoming Investor Conference

Retrieved on:

Thursday, February 22, 2024

Data Management, Security, Technology, Software, Artificial Intelligence, Internet, ESTC, Conference

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 8:45 a.m. PT / 11:45 a.m. ET.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 8:45 a.m. PT / 11:45 a.m. ET.

Elastic to Announce Third Quarter Fiscal 2024 Earnings Results on Thursday, February 29, 2024

Retrieved on:

Thursday, February 15, 2024

Data Management, Technology, Software, Networks, Artificial Intelligence, Internet, ESTC

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its third quarter fiscal 2024 ended January 31, 2024 after the U.S. market close on Thursday, February 29, 2024.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that it will release its financial results for its third quarter fiscal 2024 ended January 31, 2024 after the U.S. market close on Thursday, February 29, 2024.
The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m.
ET that day to review its financial results and business outlook.

Elastic Names Mark Dodds Chief Revenue Officer

Retrieved on:

Monday, December 11, 2023

Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately.

Key Points:

Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced the appointment of Mark Dodds as chief revenue officer, effective immediately.
Reporting to Elastic CEO Ash Kulkarni, Dodds will be responsible for driving all aspects of the company's revenue growth, building on its ongoing success as the leading search analytics platform.
“The Elastic search analytics platform is incredibly popular with developers, and customer excitement and engagement with Elastic is at an all-time high.
Mark’s extensive global enterprise sales experience and proven track record in driving business growth, coupled with our strong bottom-up customer adoption, will continue propelling Elastic forward as search continues to be a critical part of the infrastructure for AI.”
“I am delighted to join Elastic as chief revenue officer.

Elastic Completes Acquisition of Opster

Retrieved on:

Thursday, November 30, 2023

Internet, Data Management, Technology, Artificial Intelligence, Software, Blog, Acquisition, ESTC, NYSE, Elastic

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has completed the acquisition of Opster, the creators of AutoOps and other tools used to help users get more out of their Elastic deployments.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced it has completed the acquisition of Opster, the creators of AutoOps and other tools used to help users get more out of their Elastic deployments.
“I’m excited to welcome Ziv Segal and the Opster team as we continue our journey to make search better,” said Ken Exner, chief product officer, Elastic.
“Joining forces will open up opportunities initially through AutoOps, which helps Elastic users detect and remediate issues, and as we look to apply Opster’s set of operational tools to future innovations.”
For more information about Elastic and Opster, read the blog .

Elastic Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on:

Thursday, November 30, 2023

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2024 ended October 31, 2023.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced financial results for its second quarter of fiscal 2024 ended October 31, 2023.
“Our thoughtful investments and innovation in AI has continued to drive customer excitement and engagement with Elastic, and this was visible in our business in Q2.
We present historical and forward-looking non-GAAP financial measures in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
See the section entitled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of these non-GAAP measures.

Elastic to Present in Upcoming Investor Conference

Retrieved on:

Wednesday, November 22, 2023

Apps, Applications, Technology, Mobile, Wireless, Security, Telecommunications, Software, Networks, Internet, Data Management, ESTC, NYSE, Conference, Cryptocurrency

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Barclays Global Technology Conference on Thursday, December 7, 2023 at 11:00 a.m. PT / 2:00 p.m. ET.

Key Points:

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, announced that its management will present at the Barclays Global Technology Conference on Thursday, December 7, 2023 at 11:00 a.m. PT / 2:00 p.m. ET.