Company
Date Published
Author
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Word count
647
Language
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Hacker News points
None

Summary

Elastic's AI-driven security analytics provide significant economic benefits for organizations by enhancing security measures, reducing costs, and improving business continuity. A study by Enterprise Strategy Group, commissioned by Elastic, examined the impact of Elastic Security on a composite organization, revealing key benefits such as improved security analytics through machine learning and AI, lower costs from tool consolidation and resource optimization, and enhanced business continuity by reducing security incidents. The study found substantial reductions in annual risk exposure, false positives, and security incident rates, alongside faster investigation and remediation times. Additionally, Elastic Security helped reclaim a significant portion of full-time security employees' hours, allowing more focus on strategic initiatives, with notable reductions in total cost of ownership and employee turnover. These findings demonstrate that organizations using Elastic Security gain greater visibility and efficiency, achieving a substantial return on investment while ensuring better protection of their intellectual property.