Latest news with #KenExner
Yahoo
22-05-2025
- Business
- Yahoo
Elastic Acquires AIOps Company Keep for Workflow Automation
On Thursday, Elastic (NYSE:ESTC) announced the completion of its acquisition of Keep Alerting Ltd. Keep is an open-source AIOps company that specializes in unifying alerts and automating incident remediation to improve operational efficiency and service reliability for users. A group of software engineers working in an open, futuristic office. This acquisition aims to integrate Keep's AIOps and workflow automation capabilities with Elastic's existing AI/ML and AI Assistant solutions. Ken Exner, Chief Product Officer at Elastic, stated that this merger will enable the delivery of AI-powered workflow automation across Elastic's Observability, Security, and Search solutions. From a financial and market perspective, this acquisition will strengthen Elastic's AI capabilities and increase its market share in the AI-driven observability and security sectors. Elastic (NYSE:ESTC) is a search AI company. It provides its Search AI Platform to thousands of companies, which include over 50% of the Fortune 500. While we acknowledge the potential of ESTC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ESTC and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Elastic Acquires AIOps Company Keep for Workflow Automation
On Thursday, Elastic (NYSE:ESTC) announced the completion of its acquisition of Keep Alerting Ltd. Keep is an open-source AIOps company that specializes in unifying alerts and automating incident remediation to improve operational efficiency and service reliability for users. A group of software engineers working in an open, futuristic office. This acquisition aims to integrate Keep's AIOps and workflow automation capabilities with Elastic's existing AI/ML and AI Assistant solutions. Ken Exner, Chief Product Officer at Elastic, stated that this merger will enable the delivery of AI-powered workflow automation across Elastic's Observability, Security, and Search solutions. From a financial and market perspective, this acquisition will strengthen Elastic's AI capabilities and increase its market share in the AI-driven observability and security sectors. Elastic (NYSE:ESTC) is a search AI company. It provides its Search AI Platform to thousands of companies, which include over 50% of the Fortune 500. While we acknowledge the potential of ESTC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ESTC and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Elastic Brings Hybrid Retrieval to Microsoft Semantic Kernel
SAN FRANCISCO--(BUSINESS WIRE)-- Elastic (NYSE: ESTC), the Search AI company, announced the availability of its hybrid search capabilities for Microsoft's Semantic Kernel project, making Elastic's vector database the first to feature this capability. Users can now combine multiple search techniques when using Elasticsearch with Semantic Kernel, enhancing information retrieval and delivering the most significant results to queries. "What sets Elastic apart is our powerful hybrid search capabilities, which our customers can run at vast scale,' said Ken Exner, chief product officer at Elastic. 'As the first vector database to bring hybrid search capability to Microsoft Semantic Kernel, our .NET users benefit from significantly improved retrieval quality, making it easier for them to build enterprise-grade AI applications." Availability Elasticsearch support for hybrid search for Microsoft Semantic Kernel is available now. Additional Resources For more information on the Elasticsearch integration with Semantic Kernel for .NET, read the Elastic blog. About Elastic: Elastic (NYSE: ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for its search, observability, and security solutions — is used by thousands of companies, including more than 50% of the Fortune 500. Learn more at Elastic and associated marks are trademarks or registered trademarks of Elasticsearch B.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners.
Yahoo
21-05-2025
- Business
- Yahoo
Elastic Brings Hybrid Retrieval to Microsoft Semantic Kernel
Elastic is the first vector database to support blended text and semantic retrieval techniques for .NET developers for more relevant, accurate results for search queries SAN FRANCISCO, May 21, 2025--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI company, announced the availability of its hybrid search capabilities for Microsoft's Semantic Kernel project, making Elastic's vector database the first to feature this capability. Users can now combine multiple search techniques when using Elasticsearch with Semantic Kernel, enhancing information retrieval and delivering the most significant results to queries. "What sets Elastic apart is our powerful hybrid search capabilities, which our customers can run at vast scale," said Ken Exner, chief product officer at Elastic. "As the first vector database to bring hybrid search capability to Microsoft Semantic Kernel, our .NET users benefit from significantly improved retrieval quality, making it easier for them to build enterprise-grade AI applications." Availability Elasticsearch support for hybrid search for Microsoft Semantic Kernel is available now. Additional Resources For more information on the Elasticsearch integration with Semantic Kernel for .NET, read the Elastic blog. About Elastic: Elastic (NYSE: ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for its search, observability, and security solutions — is used by thousands of companies, including more than 50% of the Fortune 500. Learn more at Elastic and associated marks are trademarks or registered trademarks of Elasticsearch B.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners. View source version on Contacts Media ContactElastic PRPR-team@ Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Elastic Brings Hybrid Retrieval to Microsoft Semantic Kernel
Elastic is the first vector database to support blended text and semantic retrieval techniques for .NET developers for more relevant, accurate results for search queries SAN FRANCISCO, May 21, 2025--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI company, announced the availability of its hybrid search capabilities for Microsoft's Semantic Kernel project, making Elastic's vector database the first to feature this capability. Users can now combine multiple search techniques when using Elasticsearch with Semantic Kernel, enhancing information retrieval and delivering the most significant results to queries. "What sets Elastic apart is our powerful hybrid search capabilities, which our customers can run at vast scale," said Ken Exner, chief product officer at Elastic. "As the first vector database to bring hybrid search capability to Microsoft Semantic Kernel, our .NET users benefit from significantly improved retrieval quality, making it easier for them to build enterprise-grade AI applications." Availability Elasticsearch support for hybrid search for Microsoft Semantic Kernel is available now. Additional Resources For more information on the Elasticsearch integration with Semantic Kernel for .NET, read the Elastic blog. About Elastic: Elastic (NYSE: ESTC), the Search AI Company, integrates its deep expertise in search technology with artificial intelligence to help everyone transform all of their data into answers, actions, and outcomes. Elastic's Search AI Platform — the foundation for its search, observability, and security solutions — is used by thousands of companies, including more than 50% of the Fortune 500. Learn more at Elastic and associated marks are trademarks or registered trademarks of Elasticsearch B.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners. View source version on Contacts Media ContactElastic PRPR-team@
