Elastic recognized as a Visionary in the 2023 Gartner® Magic Quadrant™ for APM and Observability for the third consecutive year

Elastic has been recognized as a Visionary in the 2023 Gartner Magic Quadrant for Application Performance Monitoring (APM) and Observability for the third consecutive year, showcasing its innovative approach and full stack observability capabilities. Elastic's platform, which is built on the AI-enhanced Elasticsearch, offers features like log analytics, APM, SLO-based alerting, and digital experience monitoring, with Universal Profiling soon to be available. The company scored among the top three vendors in the Gartner Critical Capabilities report for three key use cases: DevOps/AppDev, SRE/Platform Operations, and Digital Experience Monitoring. Elastic's offerings are noted for their open and flexible platform, which allows for high-dimensional data ingestion, and a deployment model that supports hybrid and multi-cloud environments. The company's commitment to innovation is further highlighted by its integration of AI and ML capabilities, contributions to OpenTelemetry, and the introduction of the Elasticsearch Relevance Engine for building AI search applications. Elastic's observability solutions have been widely adopted, with strong customer endorsements and over 4 billion software downloads, indicating its continued influence in the observability market.