AI IntegrationElastic's emphasis on embedding AI throughout the SIEM workflow, combined with its core strengths in data handling, speed, and accuracy, positions it well.
Customer GrowthDuring 4Q:FY24, the company added approximately 200 total subscription customers, bringing the total to around 21,000.
Revenue PerformanceElastic posted solid FQ4 results, highlighted by a beat on top and bottom lines, a continuation of consolidations onto the platform, healthy cloud consumption growth, and strong interest around Gen AI use cases.