Elastic & AWS Ink 5-Year Deal to Boost AI Innovation
The latest development in the world of artificial intelligence (AI) has sent shockwaves across the tech industry, as Elastic, a leading provider of search and analytics solutions, has announced a new five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). This significant partnership marks a major milestone in the companies’ long-standing relationship, aimed at accelerating the adoption of AI-native enterprises and revolutionizing the way organizations build and deploy AI-based applications.
The agreement reflects a shared commitment between Elastic and AWS to help organizations transition into AI-native enterprises through joint product integrations and go-to-market (GTM) initiatives. By working together, the two companies will enable customers to build generative AI-based applications faster while reducing complexity. This strategic collaboration is expected to have a profound impact on the industry, as it will empower organizations to unlock the full potential of AI and drive business growth.
Elastic’s flagship product, Elasticsearch, is a popular choice among developers and organizations seeking to build and deploy applications that rely on AI and machine learning (ML) capabilities. The partnership with AWS will enable Elastic to leverage AWS’s comprehensive set of AI and ML services, including SageMaker, Rekognition, and Comprehend, to expand its capabilities and offer customers a more comprehensive solution.
“The collaboration with AWS is a significant milestone in our journey to make AI-native enterprises a reality,” said Shay Banon, CEO of Elastic. “By integrating our products and services, we will enable organizations to build more advanced AI-powered applications, faster and more efficiently. Our shared commitment to innovation and customer success will drive business growth and unlock new opportunities for our customers.”
AWS’s comprehensive portfolio of AI and ML services will be tightly integrated with Elastic’s search and analytics solutions, enabling customers to leverage the strengths of both companies. The partnership will also facilitate the development of new AI-powered applications, such as chatbots, virtual assistants, and predictive analytics platforms.
The agreement also includes joint go-to-market initiatives, aimed at promoting the partnership and its benefits to customers. This will involve joint marketing campaigns, technical enablement programs, and joint sales efforts to help customers understand the value of the partnership and how it can help them achieve their AI-native goals.
“The partnership with Elastic is a testament to AWS’s commitment to making AI and ML accessible to all customers,” said Swami Sivasubramanian, Vice President of Amazon SageMaker at AWS. “By integrating our AI and ML services with Elastic’s leading search and analytics solutions, we will enable customers to build more advanced AI-powered applications, faster and more efficiently. We look forward to working closely with Elastic to drive innovation and customer success.”
The impact of the partnership on the industry is expected to be significant, as it will enable organizations to build more advanced AI-powered applications, faster and more efficiently. The integration of Elastic’s search and analytics solutions with AWS’s AI and ML services will empower organizations to unlock new insights and drive business growth.
In conclusion, the five-year strategic collaboration agreement between Elastic and AWS is a major milestone in the development of AI-native enterprises. The partnership will enable organizations to build more advanced AI-powered applications, faster and more efficiently, and will drive business growth and innovation. As the partnership unfolds, it will be exciting to see the impact it has on the industry and the innovative applications that are developed as a result.
News Source:
https://digitalterminal.in/trending/elastic-and-aws-sign-five-year-deal-to-accelerate-ai-native-innovation
