Read on TwitterSales grew by 44% YoY
This company provides the SEARCH ENGINE
Here is an EASY thread on a HARD TO UNDERSTAND business
130% NET EXPANSION RATE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Polizeiautos mit drehendem Licht" aria-label="Emoji: Polizeiautos mit drehendem Licht">Sales grew by 44% YoY https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> It got 630 customers with ACV over $ 100K https://abs.twimg.com/emoji/v2/... draggable="false" alt="💸" title="Geld mit Flügeln" aria-label="Emoji: Geld mit Flügeln">This company provides the SEARCH ENGINE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> company needs https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer">Here is an EASY thread on a HARD TO UNDERSTAND business https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Polizeiautos mit drehendem Licht" aria-label="Emoji: Polizeiautos mit drehendem Licht"> 130% NET EXPANSION RATE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Polizeiautos mit drehendem Licht" aria-label="Emoji: Polizeiautos mit drehendem Licht">Sales grew by 44% YoY https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> It got 630 customers with ACV over $ 100K https://abs.twimg.com/emoji/v2/... draggable="false" alt="💸" title="Geld mit Flügeln" aria-label="Emoji: Geld mit Flügeln">This company provides the SEARCH ENGINE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> company needs https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer">Here is an EASY thread on a HARD TO UNDERSTAND business https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">" class="img-responsive" style="max-width:100%;"/>
$ESTC Elasticsearch is an open source analytics and full-text search engine 
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe">
It was released in 2010 & authored by Shay Banonhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👤" title="Silhouette einer Büste" aria-label="Emoji: Silhouette einer Büste"> (Current CEO)
Elastic NV was incorporated in 2012 to provide commercial serviceshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and products around the software https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> It went public in 2018 https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
It was released in 2010 & authored by Shay Banon
Elastic NV was incorporated in 2012 to provide commercial services
It was released in 2010 & authored by Shay Banon https://abs.twimg.com/emoji/v2/... draggable="false" alt="👤" title="Silhouette einer Büste" aria-label="Emoji: Silhouette einer Büste"> (Current CEO)Elastic NV was incorporated in 2012 to provide commercial services https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and products around the software https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> It went public in 2018 https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">" title=" $ESTC Elasticsearch is an open source analytics and full-text search engine https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe">It was released in 2010 & authored by Shay Banon https://abs.twimg.com/emoji/v2/... draggable="false" alt="👤" title="Silhouette einer Büste" aria-label="Emoji: Silhouette einer Büste"> (Current CEO)Elastic NV was incorporated in 2012 to provide commercial services https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and products around the software https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> It went public in 2018 https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">" class="img-responsive" style="max-width:100%;"/>
But what is a SEARCH ENGINE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe">
Let’s say you are building your #ecommerce websitehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> You add products to it, host it and bring it live https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> Users will start going through your products https://abs.twimg.com/emoji/v2/... draggable="false" alt="👀" title="Augen" aria-label="Emoji: Augen"> Of course, some users will want to look for something specific
Let’s say you are building your #ecommerce website
Doesn’t sound TOO difficult right https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf"> Indeed, this can be seen as the internal “Google” of websites
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> Do companies develop this feature from the ground up? Or do they rely on a third party? https://abs.twimg.com/emoji/v2/... draggable="false" alt="👨💻" title="Man technologist" aria-label="Emoji: Man technologist">
But… https://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen"> A search engine is something basic right https://abs.twimg.com/emoji/v2/... draggable="false" alt="❇️" title="Glanz" aria-label="Emoji: Glanz"> You just type in some keywords and get back the ones that match https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="‼️" title="Doppeltes Ausrufezeichen" aria-label="Emoji: Doppeltes Ausrufezeichen"> Well, there is more to a search engine than keyword-matching https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
$ESTC provides one of the best search engines available, when you type and search, it does the following https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Auto-completion, correcting typos, fuzzy matching, synonyms matching https://abs.twimg.com/emoji/v2/... draggable="false" alt="📝" title="Memo" aria-label="Emoji: Memo">
Normalising tokens https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧽" title="Sponge" aria-label="Emoji: Sponge"> (e.g. remove punctuation from words) and reduce words to their root form (e.g. “foxes” become “fox”)https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Control for relevance, similarity and popularity https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎉" title="Partyknaller" aria-label="Emoji: Partyknaller"> in order to provide the best match for the user’s query" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Normalising tokens https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧽" title="Sponge" aria-label="Emoji: Sponge"> (e.g. remove punctuation from words) and reduce words to their root form (e.g. “foxes” become “fox”)https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Control for relevance, similarity and popularity https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎉" title="Partyknaller" aria-label="Emoji: Partyknaller"> in order to provide the best match for the user’s query" class="img-responsive" style="max-width:100%;"/>
Is it important to provide a solid search engine https://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen"> Look at HappyFresh’s story
https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> HappyFresh is a leading grocery shopping https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and delivery platform in South East Asia https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌏" title="Asien-Australien auf dem Globus" aria-label="Emoji: Asien-Australien auf dem Globus">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Customers were not completing orders https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛒" title="Shopping cart" aria-label="Emoji: Shopping cart"> as the search results were taking too long to appear https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">
Look at HappyFresh’s storyhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> HappyFresh is a leading grocery shopping https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and delivery platform in South East Asia https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌏" title="Asien-Australien auf dem Globus" aria-label="Emoji: Asien-Australien auf dem Globus">https://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Customers were not completing orders https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛒" title="Shopping cart" aria-label="Emoji: Shopping cart"> as the search results were taking too long to appear https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">" title="Is it important to provide a solid search engine https://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen"> Look at HappyFresh’s storyhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> HappyFresh is a leading grocery shopping https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛍" title="Einkaufstaschen" aria-label="Emoji: Einkaufstaschen"> and delivery platform in South East Asia https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌏" title="Asien-Australien auf dem Globus" aria-label="Emoji: Asien-Australien auf dem Globus">https://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Customers were not completing orders https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛒" title="Shopping cart" aria-label="Emoji: Shopping cart"> as the search results were taking too long to appear https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">" class="img-responsive" style="max-width:100%;"/>
Not convinced yet? Here are $ESTC customer stories
https://www.elastic.co/customers/ ">https://www.elastic.co/customers...
Is that all? $ESTC is a powerful search engine and that’s it?
On top of searching through full-text datahttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📄" title="Seite mit der Schriftseite oben" aria-label="Emoji: Seite mit der Schriftseite oben"> $ESTC enables you to search structured data such as numbers and aggregate data https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧮" title="Abacus" aria-label="Emoji: Abacus">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> $ESTC can then be used as an analytics platform
On top of searching through full-text data
You can then write queries in order to aggregate the data you retrieved https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm"> And then even visualise the data in the form of graphs" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="👨💻" title="Man technologist" aria-label="Emoji: Man technologist"> You can then write queries in order to aggregate the data you retrieved https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm"> And then even visualise the data in the form of graphs" class="img-responsive" style="max-width:100%;"/>
And it doesn’t stop here https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚦" title="Vertikale Verkehrsampel" aria-label="Emoji: Vertikale Verkehrsampel"> $ESTC is a good at analysing full-text data https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> What could it be used for as well?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> Application Performance Management (APM) by aggregating the logs (information on warnings, errors, events recorded by an application) https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗒" title="Spiralblock" aria-label="Emoji: Spiralblock"> from different applications
These logs can then be analysed https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> and translated into useful insights https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Elektrische Glühbirne" aria-label="Emoji: Elektrische Glühbirne"> for companies" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="📟" title="Pager" aria-label="Emoji: Pager"> These logs can then be analysed https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> and translated into useful insights https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Elektrische Glühbirne" aria-label="Emoji: Elektrische Glühbirne"> for companies" class="img-responsive" style="max-width:100%;"/>
Security is another area where $ESTC shines by https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> Analysing authentication logs https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗝" title="Alter Schlüssel" aria-label="Emoji: Alter Schlüssel"> from different sourceshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Reviewing vast volumes of DNS https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌐" title="Weltkugel mit Längengraden" aria-label="Emoji: Weltkugel mit Längengraden"> data in an efficient wayhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="3️⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> Monitoring endpoint activity https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> to find uncommon processes and anomalies" title="https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡" title="Schild" aria-label="Emoji: Schild">Security is another area where $ESTC shines by https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> Analysing authentication logs https://abs.twimg.com/emoji/v2/... draggable="false" alt="🗝" title="Alter Schlüssel" aria-label="Emoji: Alter Schlüssel"> from different sourceshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="2️⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> Reviewing vast volumes of DNS https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌐" title="Weltkugel mit Längengraden" aria-label="Emoji: Weltkugel mit Längengraden"> data in an efficient wayhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="3️⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> Monitoring endpoint activity https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> to find uncommon processes and anomalies" class="img-responsive" style="max-width:100%;"/>
Ok https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> By now what $ESTC does should be clear https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Elektrische Glühbirne" aria-label="Emoji: Elektrische Glühbirne">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Given their lead in full-text analysis https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> Their product has many use cases and helps companies deliver better search results, monitor events and improve security
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⁉️" title="Ausrufe-Fragezeichen" aria-label="Emoji: Ausrufe-Fragezeichen"> Why can $ESTC win in this market? How is the market evolving?
Let’s first take a look at how $ESTC is doing on http://db-engines.com"> http://db-engines.com
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> $ESTC search engine leads https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete"> the pack with a popularity score of 153 vs. 89 for next-BEST (Apache Solr) https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">
$ESTC search engine leads https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete"> the pack with a popularity score of 153 vs. 89 for next-BEST (Apache Solr) https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">" title="Let’s first take a look at how $ESTC is doing on http://db-engines.com https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> $ESTC search engine leads https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete"> the pack with a popularity score of 153 vs. 89 for next-BEST (Apache Solr) https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">" class="img-responsive" style="max-width:100%;"/>
Remember when we were saying that $ESTC is an internal Google
They have become the de facto standard - or “Google” - for enterprise search
How is the market evolving? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="1️⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> According to 360 ResearchReports https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer"> Enterprise Search market is set to grow from $ 3.2B in 2019 to $ 9B by 2026 (CAGR of 13%)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> Proliferation of data and increased requirements from users drive the demand for enterprise search
So $ESTC is a leader in Search https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> and also offers IT Operations Monitoring https://abs.twimg.com/emoji/v2/... draggable="false" alt="📟" title="Pager" aria-label="Emoji: Pager"> and Security tools https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡" title="Schild" aria-label="Emoji: Schild">
What can be said about these? Here is what Forbes has to sayhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
What can be said about these? Here is what Forbes has to say
“Elastic’s APM product has matured enough that it’s only missing some minor features. The company sees the observability market trending toward a convergence of logging, metrics, uptime monitoring and APM...
...Elastic’s go-to-market message emphasizes that the company provides all four of those offerings across a unified pricing model and user interface”
And on Security https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡" title="Schild" aria-label="Emoji: Schild"> $ESTC is securing its own part of the pie in Security Information and Event Management (SIEM) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
“Elastic CEO Shay Banon thinks the endpoint and SIEM markets can converge over time. With Endgame added to the Elastic Stack,...
“Elastic CEO Shay Banon thinks the endpoint and SIEM markets can converge over time. With Endgame added to the Elastic Stack,...
...users will gain access to a whole new level of security analytics to help provide better attack protection”
Read the full take here https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten"> #1dfae440784a">https://www.forbes.com/sites/robertdefrancesco/2019/09/29/elastics-core-search-technology-powers-multiple-growth-levers/ #1dfae440784a">https://www.forbes.com/sites/rob...
Summarized https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts"> The CEO Shay Banon https://abs.twimg.com/emoji/v2/... draggable="false" alt="👤" title="Silhouette einer Büste" aria-label="Emoji: Silhouette einer Büste"> is betting on the fact that enterprises want a unified offering for Search https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Nach links zeigende Lupe" aria-label="Emoji: Nach links zeigende Lupe"> IT Operations Monitoring https://abs.twimg.com/emoji/v2/... draggable="false" alt="📟" title="Pager" aria-label="Emoji: Pager"> and Security Information and Event Management https://abs.twimg.com/emoji/v2/... draggable="false" alt="🛡" title="Schild" aria-label="Emoji: Schild">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete"> This is working and further supported by $ESTC impressive 130% Net Expansion Rate
...of our single agent, and now, literally, endpoint protection is a click away for all of our observability users”
Financials check https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> Sales at $ 129m up from $ 89m a year earlier (44% growth)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚙️" title="Zahnrad" aria-label="Emoji: Zahnrad"> Gross margins of 73% https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> Up from 71% in previous quarters
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏢" title="Bürogebäude" aria-label="Emoji: Bürogebäude"> Operating loss of $ 29m https://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend"> OpEx as % of Sales at 96% down from 100% a quarter earlier
Disclaimer - This is not investment advice in any form and investors are responsible for conducting their own research before investing.
Sources
✑ Investor presentation
✑ Company website
✑ DBEngines
✑ Forbes
Sources
✑ Investor presentation
✑ Company website
✑ DBEngines
✑ Forbes
✑ Nexthink
✑ StackShare
✑ MarketsAndMarkets
✑ 360 ResearchReports
✑ StackShare
✑ MarketsAndMarkets
✑ 360 ResearchReports
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