MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–August 02, 2022–
elastic (NYSE: ESTC), the company behind Elasticsearch, today announced a new global study that demonstrates that search-based technology is critical to successful digital transformation and harnessing the power of data.
The study, titled Search-Driven Technologies: A Mission-Critical Enabler for the Digital Future of Business, is based on a survey of more than 800 data leaders in eight countries. The research illustrates how search-based technologies, tools that enable the search of data across multiple sources, are fueling business-critical initiatives such as cloud migration and utilization, cybersecurity and customer experience.
According to the study, data leaders remain consistent with a future vision to integrate cybersecurity solutions, observability and enterprise search points on a single platform, citing search-based solutions that offer a wide range of functionality, including a large storage capacity, a cloud-based system. platform and scalability, as crucial to drive their digital transformation initiatives.
“As organizations look toward the digital future of business, they need technologies that turn increasing volumes of raw data from a variety of disparate sources into accessible and actionable business insights,” said Matt Minetola, chief information officer of ‘Elastic. “Search-based technologies provide the critical functionality to help organizations drive speed, scale and productivity for the next wave of digital transformation.”
Data leaders expect a shift toward integrated platforms over isolated point solutions over the next three years, and they expect integrated platforms to incorporate a wide range of point solution functionality.
83% of respondents agree that using a single, integrated search platform helps them reduce costs for their business, and 81% report that it allows them to give their teams time back to do meaningful work . 76% of respondents say an integrated platform should include security, data visualization and analytics solutions. 72% of respondents expect an integrated platform to include enterprise search functionality. 67% of respondents expect an integrated platform to include an observability solution.
The study further reveals that data leaders will require more from search technologies as their organizations continue their digital transformation journeys. To remain competitive, they will need end-to-end, flexible and cloud-integrated search solutions that can scale.
85% of data leaders say they want to improve the ability to find information across multiple cloud and data storage environments to help enable IT operations, security and development teams.
84% of respondents are investing in search-based technologies to increase the speed and productivity of their organizations and help them solve business challenges faster. 83% of respondents report that search-based technologies can deliver essential insights that accelerate decisions and create a better user. experience for customers and employees. 81% of respondents say that alignment would improve in their organization if it were easier to find and share data. other risk exposures cited as the most common result of challenges in finding, sharing and visualizing data.
Find out more and see the full findings of the Search-Powered Technologies: A Mission-Critical Enabler for the Digital Future of Business study. here.
Methodology:
Elastic commissioned the study “Search-Driven Technologies: A Mission-Critical Enabler for the Digital Future of Business” (April 2022). Forrester Consulting conducted a global survey of 832 data architecture strategy leaders at global enterprises in Australia, Brazil, France, Germany, Japan, the Netherlands, the United Kingdom and the United States. The personalized survey began in April 2022 and was completed in April 2022.
About Elastic:
Elastic (NYSE: ESTC) is a leading platform for search-based solutions. We help organizations, their employees and their customers accelerate the results that matter. With enterprise search, observability, and security solutions, we improve customer and employee search experiences, keep critical applications running smoothly, and protect against cyberthreats. Delivered wherever data lives—in a cloud, across multiple clouds, or on-premise—Elastic enables more than 18,000 customers and more than half of the Fortune 500 to achieve new levels of success at scale and on a single platform. More information at elastic.co.
Elastic and associated marks are trademarks or registered trademarks of Elastic NV and its subsidiaries. All other company and product names may be trademarks of their respective owners.
View the activated source version businesswire.com:https://www.businesswire.com/news/home/20220802005968/ca/
CONTACT: Jenn Malleo
Elastic Public Relations
PR-Team@elastic.co
KEY WORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SOFTWARE NETWORKS INTERNET SEARCH ENGINE OPTIMIZATION MARKETING DATA MANAGEMENT COMMUNICATIONS TECHNOLOGY
SOURCE: Elastic NV
Copyright Business Wire 2022.
PUB: 08/02/2022 16:51/DISC: 08/02/2022 16:52
Copyright Business Wire 2022.
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