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Elastic N v   (ESTC)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Elastic N V 's

Competitiveness


 

ESTC Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Elastic N V reported Revenue increase in the 4 quarter 2023 by 19.21 % year on year.
The sales growth was above Elastic N V 's competitors' average revenue growth of 13.49 %, achieved in the same quarter.

List of ESTC Competitors

With a net margin of 53.81 % Elastic N V achieved higher profitability than its competitors.

More on ESTC Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Elastic N v achieved net profit of $176.12 millions compared to a net loss of $-72.57 millions recorded in the same quarter a year ago.

<<  ESTC Stock Performance Comparisons



  

Overall company Market Share Q4 2023

Overall company sales advanced by 19.21 % Elastic N V outperformed its competitors in this segment and improved market share, to approx. 0.13 %.
<<  More on ESTC Market Share.
 
*Market share is calculated based on total revenue.

  News about Elastic N v Contracts

Elasticsearch Boosts Performance on Arm-based Architectures, Red Hat Collaboration, and Elastic Security Labs' LLM Safety Guide

In the dynamic world of technology, Elastic, a leading search artificial intelligence (AI) company, has made significant strides in advancing its Elasticsearch platform. In recent news, Elastic has not only achieved remarkable performance results on Arm-based architectures but has also expanded collaborative efforts with Red Hat, and released critical guidance to address risks and abuses associated with large language models (LLMs). These developments have far-reaching implications for businesses seeking cutting-edge search experiences and enhanced security measures.Performance Increase on Azure Cobalt 100:Elastic's recent benchmarking study on the Azure Cobalt 100 platform delivered promising results, demon...

Elastic Security Labs Releases Comprehensive Guide to Mitigate Risks and Abuses in the Era of Large Language Models

SAN FRANCISCO ?? Elastic (NYSE: ESTC), the leading Search AI company, has unveiled the LLM Safety Assessment: The Definitive Guide on Avoiding Risk and Abuses, the latest research publication by Elastic Security Labs. This comprehensive guide delves into the critical aspects of large language model (LLM) safety and presents valuable insights on how to mitigate potential risks and abuses associated with LLM implementation.Over the past 18 months, generative AI and LLM applications have gained significant popularity across various industries. However, as these technologies become increasingly sophisticated, it is crucial to address safety concerns and develop effective countermeasures against potential threats...

Elastic Unleashes Next-Level Performance for Elasticsearch and Lucene: Augmenting AI Innovation

Elastic Reports Significant Performance Gains for Elasticsearch and Lucene Vector Database: A Boost for AI InnovationIn a recent press release, Elastic, the company behind Elasticsearch, announced impressive performance gains for Elasticsearch and Apache Lucene, boasting up to 8 times faster speeds and 32 times greater efficiency. These advancements are set to provide developers with the most flexible and open tools required to keep pace with the rapidly evolving field of generative AI.The new optimization strategies and enhancements driving these remarkable gains in Elasticsearch and Apache Lucene include a multi-threaded search capability and improved indexing performance. These developments will undoubted...





Who are Elastic N v 's Competitors?




Amazon com Inc
Share Performance



+8.04%
This Quarter



Amazon com Inc
Profile

Amazon.com Inc is an e-commerce company that operates as both a retail and a technology platform. Its business model revolves around the sale of a wide variety of products to consumers through its online marketplace, as well as offering services such as Prime membership, fulfillment and delivery, and cloud computing through Amazon Web Services (AWS). The company focuses on providing convenience, competitive pricing, and a seamless user experience to its customers to drive sales and maintain customer loyalty.

More about Amazon com Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,943,540.500 mill. $ 590,740.000 mill. $ 37,684.000 mill.


Couchbase Inc
Share Performance



+25.60%
This Year



Couchbase Inc
Profile

provides a leading modern database for enterprise applications

More about Couchbase Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,251.798 mill. $ 154.824 mill. $ -68.494 mill.


Confluent Inc
Share Performance



-7.85%
This Quarter



Confluent Inc
Profile

is on a mission to set data in motion

More about Confluent Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9,162.483 mill. $ 731.885 mill. $ -454.534 mill.


Cloudera Inc
Share Performance



+0.13%
Over The Past 5 Days



Cloudera Inc
Profile

Cloudera Inc is a software company that offers data management and analytics solutions to enterprises. They provide a platform that enables organizations to store, process, and analyze large volumes of data, helping them derive valuable insights and make informed decisions. Cloudera generates revenue by offering software licenses, support and professional services, and training to their customers.

More about Cloudera Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,706.337 mill. $ 819.788 mill. $ -311.773 mill.


Dynatrace Inc
Share Performance



+0.71%
30 Days



Dynatrace Inc
Profile

offers the market-leading software intelligence platform

More about Dynatrace Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13,955.538 mill. $ 1,365.077 mill. $ 154.632 mill.


Epam Systems Inc
Share Performance



-39.52%
This Quarter



Epam Systems Inc
Profile

Epam Systems Inc is a global provider of digital platform engineering and software development services. Their business model revolves around offering customized solutions and innovations to help businesses transform digitally and stay competitive. By leveraging their deep expertise in technology, they collaborate with clients to deliver scalable and agile solutions that optimize customer experiences and drive business growth.

More about Epam Systems Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 10,614.062 mill. $ 4,645.064 mill. $ 431.034 mill.


Alphabet Inc
Share Performance



-0.85%
Over The Past 5 Days



Alphabet Inc
Profile

Alphabet Inc's business model is focused on the development and monetization of internet-based products and services. They generate revenue primarily through advertising, technology sales, and licensing fees. Their diverse portfolio of offerings spans technology, search engines, online advertising platforms, cloud computing services, and various other digital initiatives.

More about Alphabet Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,228,735.048 mill. $ 318,146.000 mill. $ 82,406.000 mill.


Mongodb Inc
Share Performance



-21.37%
This Quarter



Mongodb Inc
Profile

is the leading modern, general purpose database platform

More about Mongodb Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 24,904.873 mill. $ 1,284.040 mill. $ -345.398 mill.


Microsoft Corporation
Share Performance



+5.91%
30 Days



Microsoft Corporation
Profile

Microsoft Corporation operates as a multinational technology company that primarily focuses on software development, licensing, and related services. Their business model involves the creation and distribution of a wide range of software products, including operating systems, productivity suites, and cloud-based solutions. Additionally, they generate revenue through hardware sales, such as gaming consoles and devices, as well as through advertising and consulting services.

More about Microsoft Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,211,047.840 mill. $ 218,310.000 mill. $ 77,096.000 mill.


Nutanix Inc
Share Performance



+19.64%
30 Days



Nutanix Inc
Profile

Nutanix Inc operates as a cloud computing software company, providing hyper-converged infrastructure solutions that integrate storage, virtualization, and networking into a single platform. They offer their software and services to enterprises, enabling them to manage and optimize their data centers by simplifying infrastructure complexities.

More about Nutanix Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,592.547 mill. $ 1,939.194 mill. $ -171.297 mill.


Open Text Corp
Share Performance



-26.03%
This Year



Open Text Corp
Profile

Open Text Corp is a software company that primarily focuses on Enterprise Information Management (EIM) solutions. Their business model revolves around providing organizations with software platforms and services to effectively manage, analyze, and utilize their vast amounts of information. They offer a wide range of products, including document management, customer experience management, data analytics, and AI-powered solutions, catering to various industries such as healthcare, finance, and government sectors.

More about Open Text Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8,210.102 mill. $ 5,242.416 mill. $ 168.325 mill.


Snowflake Inc
Share Performance



-5.23%
Over The Past 5 Days



Snowflake Inc
Profile

Snowflake Inc's business model revolves around providing a cloud-based data warehousing platform for enterprises. They enable organizations to store, manage, and analyze their data on a scalable infrastructure. Snowflake generates revenue by charging customers based on the amount of data stored and the computing resources utilized, offering a pay-as-you-go model.

More about Snowflake Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 51,201.925 mill. $ 2,065.659 mill. $ -797.526 mill.


Full Truck Alliance Co Ltd
Share Performance



-4.89%
Over The Past 5 Days



Full Truck Alliance Co Ltd
Profile

has transformed China?s road transportation industry by pioneering a digital, standardized and smart logistics infrastructure across the value chain

More about Full Truck Alliance Co Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 189,403.046 mill. $ 1,188.210 mill. $ 313.681 mill.



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