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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Location: US
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Market Cap: $9.1B
link
https://www.elastic.co
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Organizations are increasingly choosing Elastic for their long-term AI transformations and making larger multiyear commitments to standardize on our platform for the future.
- Ashutosh Kulkarni
Quotes from elastic Executives About Artificial Intelligence and Generative AI
The broader AI cycle is actively driving our growth. Customers rely on us not only as a context platform for AI, but to modernize their operations with our AI-driven SOC and SRE for security and observability, respectively.
- Ashutosh Kulkarni
We believe the adoption of AI will be universal, spanning across organizations of every scale. This represents a fundamental market evolution that provides a consistent tailwind for our growth over the long term.
- Ashutosh Kulkarni
The software stack is being rewritten. Large language models are emerging as the new operating system, and agentic automation is becoming the prerequisite for every mission-critical business process.
- Ashutosh Kulkarni
We are capitalizing on this AI-driven disruption through 4 foundational strengths... First, data gravity... Second, context... Third, specialized agents... Fourth, platform consolidation.
- Ashutosh Kulkarni
We have built and are constantly evolving one of the world's best context platforms for AI. We are reducing costs while improving the relevance of AI through hybrid search first-party models like our Jina V5 omni family for multimodal search and our Agent Builder now in general availability.
- Ashutosh Kulkarni
Traditional observability and security practices are evolving into the agentic SRE and agentic SOC. We were one of the first to embed AI agents into our observability and security products.
- Ashutosh Kulkarni
As AI transforms how work gets done across every function, we are evolving how we operate internally to accelerate innovation, increase capacity through automation and move faster as a company.
- Ashutosh Kulkarni
Look, we have evolved our security and observability solution over the last several years to a point where we are considered to be a strong leader in the categories that we play in.
- Ashutosh Kulkarni