Elastic: Generative AI Opportunity Awaits
ESTCElastic(ESTC) Seeking Alpha·2024-06-04 01:14

Khanchit Khirisutchalual Elastic N.V. (NYSE:ESTC) is providing investors with an opportunity for significant growth in the coming year. The company has continued to show strong results as many companies are seeing weakness in the software space. Yet the company is still not seeing AI applications boosting revenue growth with that to come in the long term. Being a search company with an AI lake, Elastic has a big advantage over the competition with its Elasticsearch relevance engine. This will allow it to ha ...