Elastic enables financial services customers to react faster with data

Elastic's solutions are empowering financial services organizations to enhance customer experiences, boost IT visibility, and strengthen security measures according to a study conducted by Socratic Technologies. The study highlights the significant role of Elastic Enterprise Search in reducing customer churn, improving web conversion rates, and increasing employee productivity by enabling fast and relevant search experiences. Elastic Observability is shown to improve operational intelligence by offering a centralized view for managing complex IT ecosystems, thereby increasing productivity and reducing costs. Furthermore, Elastic Security plays a critical role in mitigating risks, with respondents reporting a 72% reduction in the risk of data breaches. Elastic Cloud offers seamless deployment and management across multiple cloud environments, enhancing the value of Elastic's products with cloud-native features and compliance with industry standards like PCI DSS.