Building for the future

Hundreds of customers gathered at the recent ElasticON AI event in San Francisco, showcasing innovative applications of Elastic and AI, particularly in the realm of Generative AI, which has sparked further advancements. Shay Banon, co-founder and CTO, highlighted the growing importance of search analytics in the current technological landscape, positioning Elastic as a leader in this domain. The company is heavily investing in enhancing Lucene as the premier vector database and ensuring Elasticsearch remains the optimal platform for Generative AI applications. Concurrently, Elastic is advancing Elastic Cloud with upcoming serverless, fully-managed solutions, contributing significantly to their revenue and earning accolades from major partners like Microsoft, AWS, and Google Cloud. To better serve their customers, Elastic plans to streamline its go-to-market strategies by unifying sales, service, and customer success teams under a new chief revenue officer (CRO), aiming to boost customer engagement and growth on their platforms. As the company focuses on long-term success, it remains committed to innovation in machine learning and Generative AI, supported by a talented team and a strong customer-centric approach.