Total Economic Impact™ study: Elastic delivers 10X performance with up to 75% cost savings

Elastic's security and observability solutions offer significant performance improvements and cost savings, according to a Total Economic Impact study conducted by Forrester. The study highlights a 10x performance boost and up to 75% reduction in licensing costs, leading to a 358% return on investment. It quantifies $19 million in benefits across various categories and nearly $15 million in net benefits after costs, with a payback period of less than six months. Users reported enhanced productivity, reduced labor costs, and significant risk reduction in data breaches, underscoring the platform's impact on efficiency and effectiveness. The ability to forecast potential issues, reduce false positives, and streamline development processes was also noted, suggesting Elastic's comprehensive utility in improving business operations.