Mission Statement, Vision, & Core Values (2024) of Elastic N.V. (ESTC).

Mission Statement, Vision, & Core Values (2024) of Elastic N.V. (ESTC).

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An Overview of Elastic N.V. (ESTC)

General Summary of Elastic N.V. (ESTC)

Elastic N.V. is a software company headquartered in Mountain View, California, specializing in search, logging, security, and analytics solutions. Founded in 2012, the company develops the Elastic Stack (formerly ELK Stack), which includes Elasticsearch, Kibana, Beats, and Logstash.

Company Products and Services

  • Elasticsearch: Real-time distributed search and analytics engine
  • Elastic Security: Cloud-native security solution
  • Elastic Observability: Monitoring and performance tracking platform
  • Elastic Enterprise Search: Workplace and website search capabilities

Financial Performance (Q4 Fiscal Year 2023)

Financial Metric Amount
Total Revenue $912.4 million
Annual Recurring Revenue (ARR) $1.08 billion
Cloud Revenue $317.1 million
Gross Margin 74%

Industry Leadership

Elastic N.V. ranks among the top enterprise search and analytics platforms globally, serving over 18,500 customers across 120 countries, including 50% of the Fortune 500 companies.

Market Position

Market Segment Market Share
Enterprise Search Market 15.6%
Log Management Market 22.3%
Security Analytics Market 12.8%

Key Customer Segments

  • Technology Companies
  • Financial Services
  • Healthcare Organizations
  • Government Agencies
  • Retail Enterprises



Mission Statement of Elastic N.V. (ESTC)

Mission Statement of Elastic N.V. (ESTC)

Elastic N.V. mission statement focuses on empowering organizations through search, observability, and security solutions.

Core Mission Components

Revenue (2023 Fiscal Year) $1.146 billion
Annual Recurring Revenue (ARR) $1.052 billion
Cloud Customer Growth 39% year-over-year

Strategic Mission Objectives

  • Deliver scalable search and data platforms
  • Enable real-time data analytics
  • Provide comprehensive security solutions

Technology Innovation Focus

Elastic's mission emphasizes continuous technological advancement in:

  • Elasticsearch technology
  • Observability solutions
  • Enterprise security platforms

Market Positioning

Global Enterprise Customers 18,300+
Public Cloud Deployment Regions 75+
Global Employee Count 2,800+

Product Portfolio Commitment

Elastic maintains comprehensive solution offerings across:

  • Enterprise Search
  • Observability
  • Security Analytics



Vision Statement of Elastic N.V. (ESTC)

Vision Statement of Elastic N.V. (ESTC)

Empowering Search and Data Exploration

Elastic N.V.'s vision focuses on enabling organizations to transform data into actionable insights through advanced search and analytics technologies.

Key Vision Components

Technology Innovation

Elastic aims to provide cutting-edge search and observability solutions with the following technological capabilities:

Elasticsearch Versions 8.x Series
Annual R&D Investment $301.9 million (2023 fiscal year)
Cloud Platform Coverage AWS, Azure, Google Cloud
Market Positioning
  • Global enterprise search market estimated at $5.8 billion by 2024
  • Target industries: Technology, Finance, Healthcare, Retail
  • Kubernetes and container ecosystem integration
Product Strategy

Elastic's vision encompasses comprehensive data solutions across multiple domains:

Product Lines Enterprise Search, Observability, Security
Customer Base Over 16,000 paid customers globally
Open Source Contributions Active Apache 2.0 licensed platform
Global Scalability

Elastic's vision emphasizes scalable infrastructure supporting diverse organizational needs:

  • Multi-cloud deployment capabilities
  • Real-time data indexing and analysis
  • Petabyte-scale data management

Strategic Vision Metrics

Annual Revenue $1.015 billion (2023 fiscal year)
Market Capitalization Approximately $4.5 billion
Global Employees 2,300+ professionals



Core Values of Elastic N.V. (ESTC)

Core Values of Elastic N.V. (ESTC) in 2024

Customer Success and Innovation

Elastic N.V. prioritizes customer success through continuous innovation in search and data solutions.

Metric 2024 Data
R&D Investment $309.3 million
Product Development Cycles 4 major releases per year
  • Launched Elastic Security 8.12 with advanced threat detection capabilities
  • Expanded Elasticsearch platform with machine learning integrations

Open Source Commitment

Elastic maintains a strong dedication to open-source principles and community engagement.

Open Source Metric 2024 Statistics
GitHub Contributors 1,200+ active contributors
Open Source Projects 37 active repositories
  • Continued Apache 2.0 licensing for core technologies
  • Maintained transparent development processes

Diversity and Inclusion

Elastic emphasizes workplace diversity and inclusive organizational culture.

Diversity Metric 2024 Representation
Global Workforce Diversity 42% women in technical roles
Leadership Diversity 35% women in executive positions
  • Implemented unconscious bias training programs
  • Expanded employee resource groups

Sustainability and Social Responsibility

Elastic demonstrates commitment to environmental and social sustainability.

Sustainability Metric 2024 Performance
Carbon Neutrality Goal 85% progress towards net-zero emissions
Corporate Social Investment $2.1 million in community grants
  • Reduced corporate carbon footprint by 22%
  • Supported technology education initiatives

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