Elasticity (cloud computing)

HashiCorp Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year

Key Points: 
  • Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year
    Trailing four quarter average Net Dollar Retention Rate was 115% at the end of the fourth quarter of fiscal 2024 and 131% at the end of fourth quarter of fiscal 2023.
  • SAN FRANCISCO, March 05, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its fourth quarter and full fiscal year 2024, ended January 31, 2024.
  • HashiCorp ended the fourth quarter of fiscal 2024 with 4,423 customers, up from 4,354 customers at the end of the previous fiscal quarter and 3,870 customers at the end of the fourth quarter of fiscal 2023.
  • Quarterly subscription revenue from HashiCorp Cloud Platform (HCP) reached $21.3 million in the fourth quarter of fiscal 2024, increased from $19.9 million in the previous fiscal quarter and increased from $14.5 million in the fourth quarter of fiscal 2023.

Elastic Signs Strategic Collaboration Agreement with AWS to Accelerate Generative AI Solutions

Retrieved on: 
Thursday, November 16, 2023

Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced a new two-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to make it easier for shared customers to advance their pursuit of generative artificial intelligence (AI) using Elastic Cloud on AWS.

Key Points: 
  • Elastic (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced a new two-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to make it easier for shared customers to advance their pursuit of generative artificial intelligence (AI) using Elastic Cloud on AWS.
  • Amazon Bedrock is a fully managed service that makes foundation models from leading AI providers accessible via an API to build and scale generative AI applications.
  • The Elastic AI Assistant utilizes generative AI to bolster an organization’s cybersecurity operations team.
  • “This new collaboration with AWS demonstrates our shared commitment to helping customers enhance their conversational AI experiences to strengthen customer service and boost productivity,” said Laurent Mechain, vice president, Strategic Alliances, Elastic.

Scality ships RING9, software for unbreakable hybrid-cloud data storage

Retrieved on: 
Thursday, November 17, 2022

SAN FRANCISCO, Nov. 17, 2022 /PRNewswire/ -- Scality announced today RING9 — the ninth generation of its leading RING scale-out file and object storage software — a solution that allows IT teams to build and run a modern hybrid-cloud data storage infrastructure with higher performance and efficiency.

Key Points: 
  • "Scality is a strategic object storage provider we trust to house our customer's data.
  • "Scality continues to innovate in scale-out object and file storage as evidenced by its new multi-tiering capability.
  • This new feature enables high performance with low-latency flash and increases storage efficiency with tiering as data ages.
  • Our market-leading file and object storage software protects data on-premises and in hybrid and multi-cloud environments.

Elastic Announces the Beta of New Universal Profiling and Additional Synthetic Monitoring Capabilities to Enhance Cloud-Native Observability

Retrieved on: 
Tuesday, October 4, 2022

However, most profiling solutions have significant drawbacks limiting adoption in production environments:

Key Points: 
  • However, most profiling solutions have significant drawbacks limiting adoption in production environments:
    Universal Profiling is lightweight and requires zero instrumentation.
  • Synthetic monitoring enables teams to proactively simulate user interactions in applications to quickly detect user-facing availability and performance issues and optimize the end-user experience.
  • The capabilities announced today provide deep, frictionless observability into application and infrastructure performance that enable customers to gain even greater value from their data, said Sajai Krishnan, General Manager, Observability, Elastic.
  • Elastic and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries.

Elastic Expands Strategic Partnership with Microsoft

Retrieved on: 
Wednesday, May 11, 2022

Elastic (NYSE: ESTC) (Elastic) today announced an expansion of its strategic partnership with Microsoft to accelerate the adoption of search powered solutions in the cloud.

Key Points: 
  • Elastic (NYSE: ESTC) (Elastic) today announced an expansion of its strategic partnership with Microsoft to accelerate the adoption of search powered solutions in the cloud.
  • Through this partnership, Elastic and Microsoft aim to help organizations more easily search, observe, and protect their applications, data, and infrastructure with Elastic Cloud on Azure.
  • Since the start of their strategic alliance, Elastic and Microsoft have prioritized native integrations that extend Elastic solutions across Azure services and support customers business-level initiatives.
  • Microsoft and Elastic continue to forge a solid partnership and accelerate our collaboration on behalf of joint customers, said Ash Kulkarni, CEO, Elastic.

Elastic Announces New Capabilities to Help Customers Solve Their Biggest Business Challenges

Retrieved on: 
Tuesday, May 3, 2022

Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch, today announced enhancements across the Elastic Search Platform and its solutions.

Key Points: 
  • Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch, today announced enhancements across the Elastic Search Platform and its solutions.
  • New capabilities enable customers to build seamless search experiences, accelerate troubleshooting of cloud-native services, and streamline security analyst workflows.
  • With these certified security controls, customers can use Elastic Cloud services for PCI-compliant cardholder data storage across all Elastic Cloud regions.
  • Elastic enables organizations to build seamless, search-powered customer experiences and solve their biggest search challenges by delivering the most relevant, personalized results quickly and at scale.

Elastic Announces the General Availability of Elastic 8.0

Retrieved on: 
Thursday, February 10, 2022

Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch, today announced the general availability of Elastic 8.0 with enhancements across the Elastic Search Platform and its Enterprise Search, Observability, and Security solutions.

Key Points: 
  • Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch, today announced the general availability of Elastic 8.0 with enhancements across the Elastic Search Platform and its Enterprise Search, Observability, and Security solutions.
  • Elastic native vector search extends technology commonly associated with searching for image and text content into the world of business data.
  • A more simplified Elastic Cloud on AWS onboarding experience includes new integrations to speed data ingestion, including the new Elastic Serverless Forwarder.
  • Elastic and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries.

Elastic Announces the Beta Availability of Automated Curations and General Availability of a Unified Management Interface in Kibana

Retrieved on: 
Thursday, December 9, 2021

The beta release of curations powered by adaptive relevance in Elastic App Search provides customers with automated recommendations for better tuning results.

Key Points: 
  • The beta release of curations powered by adaptive relevance in Elastic App Search provides customers with automated recommendations for better tuning results.
  • Elastic App Search and Workplace Search features are also now generally available and accessible in Kibana from a single management interface.
  • Users can leverage cross-platform navigation to monitor and visualize search data while ensuring a seamless, unified search experience.
  • Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere.

Elastic Announces the General Availability of Curated Data Exploration Views and APM Server integration for Elastic Agent

Retrieved on: 
Wednesday, December 8, 2021

Enhanced capabilities include the introduction of curated data exploration views to provide users with the ability to visualize and overlay multiple dimensions of data.

Key Points: 
  • Enhanced capabilities include the introduction of curated data exploration views to provide users with the ability to visualize and overlay multiple dimensions of data.
  • Curated data exploration views are generally available for real user monitoring and synthetics, and in technical preview for mobile APM.
  • The APM Server integration for Elastic Agent and Fleet, now generally available, simplifies the set up of Elastic clusters to support APM use cases.
  • Elastic also introduced an AWS FireLens integration , allowing customers to directly ship container logs and events to Elastic Cloud.

Elastic Announces Streamlined Data Integrations to Enhance Cloud Search Experiences

Retrieved on: 
Tuesday, December 7, 2021

Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack , today announced enhancements across the Elastic Search Platform and its solutions.

Key Points: 
  • Elastic (NYSE: ESTC) (Elastic), the company behind Elasticsearch and the Elastic Stack , today announced enhancements across the Elastic Search Platform and its solutions.
  • Elastic also introduced an AWS FireLens integration , allowing customers to directly ship container logs and events to Elastic Cloud.
  • Other key updates across the Elastic Stack, Elastic Cloud and solutions include:
    Adding integrations with AWS Web Application Firewall (WAF), Cisco Duo, GitHub, Crowdstrike, and 1Password to the dozens of generally available pre-built integrations for Elastic Agent, helping customers simplify data collection and normalization.
  • Enhanced capabilities in Elastic App Search include support for Google Firebase, enabling users to build premium search experiences into their applications by seamlessly indexing their data to Elastic Cloud.