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Stock impact report

Elastic Supercharges Performance for Serverless Offering on AWS

Elastic N.V. Ordinary Shares (ESTC) 
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
New virtual compute units deliver up to 50% higher indexing throughput and 37% lower latency — powering search, observability and security applications at no extra cost SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced a more powerful Elastic Cloud Serverless on Amazon Web Services (AWS), delivering up to 50% higher indexing throughput and 37% lower search latency using new AWS Graviton instances at no extra cost to users1.Elastic Cloud Serverless is a fully managed, auto-scaled service that enables independent scaling of indexing and search workloads, helping teams balance performance and cost-efficiency across a wide range of usage patterns. Its stateless architecture is designed to scale reliably for search, observability, and security use cases.“Elastic Cloud Serverless lets developers focus on building search, observability, security, and AI applications, not managing infrastructure,” said Ajay Nair, general manager, Platform at Elastic. “W Show less Read more
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