logo
Elastic Cloud Hosted Achieves FedRAMP® High "In Process" Status

Elastic Cloud Hosted Achieves FedRAMP® High "In Process" Status

SAN FRANCISCO--(BUSINESS WIRE)--Jul 8, 2025--
Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Cloud Hosted has achieved the Federal Risk and Authorization Management Program (FedRAMP) High 'In Process' status on AWS GovCloud (US). This milestone reinforces Elastic's commitment to delivering secure and compliant solutions that support the U.S. Federal Government in safeguarding controlled unclassified information (CUI) and other sensitive, high-impact data across various mission-critical use cases.
FedRAMP High is the program's most stringent security baseline, requiring more than 400 rigorous security controls to protect cloud environments that manage sensitive unclassified data, including information related to national security, critical infrastructure and financial risk. Elastic Cloud Hosted is already FedRAMP Moderate authorized on AWS GovCloud (US), supporting a wide range of public sector agencies.
'Achieving FedRAMP High 'In Process' status is a significant step toward expanding our support for federal agencies with high-security workloads,' said Chris Townsend, global vice president, Public Sectorat Elastic. 'Whether it's advancing Zero Trust strategies or building generative AI applications, Elastic is committed to delivering secure, transparent, compliant and cost-effective solutions to help government agencies achieve their missions.'
With the 'In Process' designation in place, Elastic is working closely with its sponsoring agency and third-party assessors to complete the final phases of the FedRAMP High authorization process. Upon receiving final authorization, Elastic Cloud Hosted will be cleared to support the government's most security-sensitive workloads in compliance with FedRAMP High.
Additional Materials
About Elastic
Elastic (NYSE: ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic's solutions for search, observability, and security are built on the Elastic Search AI Platform, the development platform used by thousands of companies, including more than 50% of the Fortune 500. Learn more at elastic.co.View source version on businesswire.com:https://www.businesswire.com/news/home/20250708251362/en/
CONTACT: Media Contact
Elastic PR
[email protected]
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: DATA MANAGEMENT SECURITY TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE INTERNET
SOURCE: Elastic N.V.
Copyright Business Wire 2025.
PUB: 07/08/2025 12:20 PM/DISC: 07/08/2025 12:20 PM
http://www.businesswire.com/news/home/20250708251362/en
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oversold Abbott Laboratories (ABT) Could Offer a Healthy Dividend Opportunity
Oversold Abbott Laboratories (ABT) Could Offer a Healthy Dividend Opportunity

Yahoo

time9 minutes ago

  • Yahoo

Oversold Abbott Laboratories (ABT) Could Offer a Healthy Dividend Opportunity

Abbott Laboratories (NYSE:ABT) is included among the 10 Oversold Dividend Stocks to Buy According to Hedge Funds. An operating room with a doctor monitoring a patient's vital signs during surgery with a medical device. The company reported strong earnings in the second quarter of 2025. It posted revenue of $11.1 billion, which showed a 7.37% growth on a YoY basis. The company reported GAAP diluted earnings per share of $1.01, while adjusted diluted EPS came in at $1.26. Gross margin was 52.7% of sales on a reported basis, with the adjusted gross margin reaching 57.0%, representing a 100 basis point improvement. Abbott Laboratories (NYSE:ABT) reiterated its guidance and pointed to strong momentum in both its devices and nutrition segments as it moves into the second half of the year. A brief valuation analysis, based on a five-year free cash flow CAGR of 5.74%— calculated using 6% growth in operating cash flow and 2% growth in capital expenditures— suggests that the current share price of $120.51 offers promising return potential. On June 13, Abbott Laboratories (NYSE:ABT) declared a quarterly dividend of $0.59 per share, which was in line with its previous dividend. This was the company's 406th consecutive quarterly dividend. In addition, ABT has raised its payouts for 53 years in a row. The stock offers a quarterly dividend of 1.86%, as of July 25. While we acknowledge the potential of ABT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

Why Oversold Lockheed Martin (LMT) Could Be a Defensive Dividend Powerhouse
Why Oversold Lockheed Martin (LMT) Could Be a Defensive Dividend Powerhouse

Yahoo

time9 minutes ago

  • Yahoo

Why Oversold Lockheed Martin (LMT) Could Be a Defensive Dividend Powerhouse

Lockheed Martin Corporation (NYSE:LMT) is included among the 10 Oversold Dividend Stocks to Buy According to Hedge Funds. Two fighter jets in flight, highlighting the technology and experience of the companies combat aircraft. The company has long held a leading position in the US aerospace and defense sector. It supplies advanced technologies and services to the US Department of Defense, NASA, and various international government agencies. Its space division is one of the company's four key segments. For investors looking for a diversified and established aerospace company with ties to the growing space industry, Lockheed Martin may be a strong addition to their portfolio. Lockheed Martin Corporation (NYSE:LMT) maintained a strong cash position, reinforcing its appeal as a reliable dividend investment. In the most recent quarter, the company reported an operating cash flow of $201 million. It also returned $1.3 billion to investors through dividends and share repurchases. On June 26, Lockheed Martin Corporation (NYSE:LMT) declared a quarterly dividend of $3.30 per share, which was consistent with its previous dividend. The company has been rewarding shareholders with growing dividends for the past 22 years. The stock offers a dividend yield of 3.11%, as of July 25. While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

Oversold but Not Overlooked: Why FactSet (FDS) Deserves a Second Look
Oversold but Not Overlooked: Why FactSet (FDS) Deserves a Second Look

Yahoo

time9 minutes ago

  • Yahoo

Oversold but Not Overlooked: Why FactSet (FDS) Deserves a Second Look

FactSet Research Systems Inc. (NYSE:FDS) is included among the 10 Oversold Dividend Stocks to Buy According to Hedge Funds. An investment banker consulting with a customer on their portfolio in a professional setting. The company's third-quarter earnings demonstrated the successful implementation of its enterprise solution strategy. With a strong pipeline and growing momentum, it appeared well-positioned to close the fiscal year on a solid note. FactSet Research Systems Inc. (NYSE:FDS) reported revenue of $585.5 million in fiscal Q3 2025, up 6% from the same period last year. The revenue also beat analysts' estimates by $4.62 million. As of May 31, 2025, the company's Annual Subscription Value (ASV) reached $2.33 billion, an increase from $2.2 billion recorded on the same date in 2024. On an organic basis, ASV stood at $2.3 billion, reflecting a year-over-year growth of 4.5%, or $98.5 million. FactSet Research Systems Inc. (NYSE:FDS)'s cash position also remained strong. The company reported an operating cash flow of $253.8 million and its free cash flow was $228.6 million, both up by 6.5% and 5.4%, respectively. In addition, it returned $41.6 million to shareholders through dividends, which showed the commitment toward its investors. FactSet Research Systems Inc. (NYSE:FDS) currently offers a quarterly dividend of $1.10 per share, having raised it by 6% in May 2025. This was the company's 26th consecutive year of dividend growth. The stock has a dividend yield of 1.05%, as of July 25. While we acknowledge the potential of FDS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store