Deal Flow Leveraging Professional Services 
The Motley Fool
SEPTEMBER 4, 2024
Our partner network continues to generate opportunities and open new deal flow. We leverage all layers of the AI tech stack, silicon cloud infrastructure services, and foundation models. Professional services revenue was $13.7 Gross margin for professional services remained high at over 90%.
The Motley Fool
FEBRUARY 29, 2024
Turning to the broad trends we saw this quarter, as I met with customers around the globe, I saw a strong desire to leverage AI to improve business processes and elevate customer experiences. We also exceeded our profitability guidance with a non-GAAP operating margin of 13%.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Motley Fool
OCTOBER 11, 2024
G&A expense was up 8% year over year, primarily due to the timing of technology spend last year and higher professional services expense. This approach is yielding profitable growth and operating leverage. We are effectively leveraging our technology, our scale, and our global footprint to deliver profitable growth.
The Motley Fool
AUGUST 29, 2024
As an example, in Q1, a leading sales enablement software company signed an expanded deal to use Elastic to incorporate GenAI across its platform. connector and custom index support for AI Assistant knowledge base, giving customers more flexibility in how they leverage the AI assistant. Ash Kulkarni -- Chief Executive Officer Yeah.
The Motley Fool
NOVEMBER 21, 2024
Beyond chatbots, the company is leveraging Elastic's hybrid search capabilities, combining keyword and semantic search for broader applications. We also signed an expansion deal with a leading sporting goods retailer in North America to support their omnichannel experience.
The Motley Fool
MAY 30, 2024
We believe that in time, every organization, big and small, will leverage the power of AI to transform their businesses. As we've shared before, Elastic Cloud revenue based on month-to-month arrangements is driven mainly by a self-service motion in the SMB segment, which remains challenged. And just a quick follow-up for Janesh.
The Motley Fool
NOVEMBER 30, 2023
By leveraging Elastic SIEM and tapping into our advanced capabilities such as cross-cluster search, the company can now effectively monitor and protect its large complex environment from a single pane of glass on one unified platform. As Ash mentioned, we continue to see strong customer engagement around generative AI use cases.
Expert insights. Personalized for you.
130 
Let's personalize your content