Elastic (NYSE:ESTC) operates as a search and analytics company, offering a suite of open source and subscription-based solutions for search, observability and security use cases. Its flagship product, Elasticsearch, enables fast and scalable full-text search and analytics across large volumes of structured and unstructured data. Complementary tools such as Kibana provide visualization capabilities, while Beats and Logstash serve as lightweight data shippers and data processing pipelines, respectively.
The company was founded in 2012 by Shay Banon, who serves as chief technology officer, and Steven Schuurman. Elastic grew rapidly in the enterprise market by embracing an open source development model and introducing Elastic Cloud in 2016, allowing customers to access Elastic’s core offerings via a managed service. Elastic debuted on the New York Stock Exchange in October 2018 under the ticker symbol ESTC.
Elastic’s platform addresses a variety of use cases including application performance monitoring, infrastructure monitoring, security information and event management (SIEM), and enterprise search. Organizations leverage Elastic to ingest, search and visualize logs, metrics and application traces in real time. Its security solutions utilize the Elastic Stack to detect, investigate and respond to cyberthreats across complex IT environments.
Headquartered in Amsterdam and Mountain View, California, Elastic serves customers worldwide across sectors such as technology, financial services, retail and government. The company maintains regional offices in North America, Europe and Asia–Pacific and works with a network of channel partners and consultants to deploy tailored solutions. Elastic’s leadership team combines open source veterans and enterprise-software experts to guide product innovation and global expansion.
