Elastic NV
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Information Technology : Software | Small Cap Blend
Based in Netherlands
Company profile

Elastic NV is an information technology (IT) company based in the Netherlands. The Company offers developers the Elastic Stack, a set of software products for data search and management, namely Elasticsearch, a distributed, real-time search and analytics engine and datastore for all types of data; Kibana, the user interface and visualization layer for data stored in Elasticsearch; Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems from a multitude of sources simultaneously, and Beats, a family of lightweight, single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash. The Elastic Stack is designed to run on premises, in public or private clouds, and in hybrid environments. The Company's business model is based on a combination of open source and paid subscription, which includes access to additional features, as well as support. The Company is active in the United States and worldwide.

Closing Price
$77.58
Day's Change
5.24 (7.24%)
Bid
--
Ask
--
B/A Size
--
Day's High
77.91
Day's Low
73.29
Volume
(Heavy Day)
Volume:
2,181,159

10-day average volume:
1,634,467
2,181,159

Elastic Announces Smarter Tail-Based Sampling for APM in Modern Cloud-Native Environments

3:16 pm ET May 3, 2022 (BusinessWire) Print

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Elastic (NYSE: ESTC) ("Elastic"), the company behind Elasticsearch, today announced new features and enhancements across the Elastic Observability solution to support modern cloud-native environments, including smarter tail-based sampling for application performance monitoring (APM) and enhanced visibility across AWS cloud services.

Eliminating blind spots with Elastic tail-based sampling

Tail-based sampling can help DevOps and site reliability engineering (SRE) teams eliminate application performance blind spots by providing finer-grain control over trace sampling conditions in high-volume systems with millions of transactions.

While common head-based sampling that applies a fixed-rate methodology can be efficient in low-volume application server environments, tail-based sampling is better suited to more complex, cloud-native applications. With Elastic tail-based sampling, the decision to keep or discard a sample is made after a trace has been completed and observed. As a result, tail-based sampling can help customers maximize visibility and reduce their data storage costs by capturing only the most critical transactions.

"As more organizations adopt cloud-native technologies and microservices-based architectures, application troubleshooting is becoming increasingly complex," said Alvaro Lobato, Vice President, Observability, Elastic. "We built Elastic tail-based sampling to help customers avoid tradeoffs between full application visibility and cost. As a result, Elastic Observability provides maximum visibility while enabling the type of fine-grain control needed when working in complex, cloud-native environments. "

In addition, Elastic tail-based sampling enables DevOps and SRE teams to easily adjust sampling rates to gain greater insight into application performance by evaluating each trace against a set of rules or policies and transaction outcomes. The resulting APM insights can accelerate root-cause analysis for faster time to resolution.

Enhancing visibility and accelerating troubleshooting across AWS cloud services

Now generally available, the ability to natively collect serverless traces from AWS Lambda functions provides customers with detailed, end-to-end visibility into distributed transactions to accelerate troubleshooting. Development teams can collect serverless application traces from Lambda functions written in Node.js, Python, and Java with a new AWS Lambda APM agent. Elastic additionally supports native cloud monitoring with the ability to collect Lambda traces via OpenTelemetry (Java and Python only).

"We're excited to start using Elastic's AWS Lambda APM agent for our cloud-native applications," said Jose Navarro, Software Engineer, Accolade, a healthcare company. "Our team at Accolade especially likes the fact that it is possible to see whether a particular invocation of the Lambda function involved a cold start directly in the trace waterfall chart. The availability of Lambda-specific metrics, such as cold start rate, at the service and transaction group levels are also very helpful."

In addition, customers can now ingest custom logs from Amazon S3 and CloudWatch into Elasticsearch and optionally set up index templates, ingest pipelines and output specifications. And, with Elastic 8.2, the Elastic Serverless Forwarder now supports CloudWatch, Kinesis Data Streams, and direct SQS as additional input sources for log ingestion. These enhancements give customers further flexibility by providing ingest options that meet their existing operating procedures and architectural preferences.

For more information on these and additional feature updates, read the Elastic blog about what's new in Elastic Observability 8.2.

About Elastic:

Elastic is a search company built on a free and open heritage. Anyone can use Elastic products and solutions to get started quickly and frictionlessly. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere. From finding documents to monitoring infrastructure to hunting for threats, Elastic makes data usable in real time and at scale. Thousands of organizations worldwide, including Cisco, eBay, Goldman Sachs, Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon, use Elastic to power mission-critical systems. Founded in 2012, Elastic is a distributed company with Elasticians around the globe and is publicly traded on the NYSE under the symbol ESTC. Learn more at elastic.co.

The release and timing of any features or functionality described in this document remain at Elastic's sole discretion. Any features or functionality not currently available may not be delivered on time or at all.

Elastic and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220503006258/en/

SOURCE: Elastic N.V.

Chloe Guillemot
Elastic Public Relations
PR-Team@elastic.co
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