Elastic was founded in 2012 by the creators of Elasticsearch, a distributed, RESTful search and analytics engine built on top of Apache Lucene (store, search, and analyze vast amounts of data quickly and in near real-time). Elastic went public in 2018, has over 3,000 employees worldwide, and serves over 21,000 customers (https://www.elastic.co/).
Elastic’s products have recently been geared towards AI and GenAI use cases, with the introduction of vector databases, traceability/observability, and cloud security functionality.
Like other enterprise software companies, Elastic created a partnership program to help with product adoption and implementation. Below is a short analysis of the company’s services partner ecosystem.
With ~120 consulting partners, almost half are in Europe, where Elastic started.
Almost half of Elastic’s consulting and services partners are boutique shops with fewer than 100 employees.
Alten Capital invests in technology services businesses. Reach out to explore potential partnerships.