Elastic & AWS Ink 5-Year Deal to Boost AI Innovation
In a significant move to accelerate the adoption of Artificial Intelligence (AI) across industries, Elastic, the company behind the popular Elasticsearch search and analytics platform, has announced a new five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The agreement marks a major milestone in the companies’ long-standing partnership, aimed at helping organizations transition into AI-native enterprises.
The agreement, which was signed earlier this month, reflects a shared commitment between Elastic and AWS to drive innovation in AI through joint product integrations and go-to-market (GTM) initiatives. The partnership will enable customers to build generative AI-based applications faster while reducing complexity, ultimately helping them unlock new insights and drive business growth.
The collaboration will focus on several key areas, including:
- Product Integrations: Elastic and AWS will work together to develop seamless integrations between Elastic’s AI-powered search and analytics capabilities and AWS’s comprehensive suite of AI services. This will enable customers to leverage the strengths of both companies to build powerful AI-based applications that drive business value.
- Go-to-Market (GTM) Initiatives: The companies will collaborate on joint marketing and sales initiatives to promote the benefits of AI-native enterprises to customers. This will include co-developing content, hosting webinars, and participating in industry events to educate customers on the power of AI and how it can be leveraged to drive business success.
- R&D and Innovation: Elastic and AWS will jointly invest in research and development to drive innovation in AI technologies. This will involve collaborating on new projects and technologies that can help customers unlock new insights and drive business growth.
The partnership is expected to have a significant impact on the AI landscape, enabling customers to build more powerful and efficient AI-based applications that can drive business value. The agreement also reflects the growing importance of AI in today’s digital landscape, where organizations are increasingly relying on AI to drive innovation and stay ahead of the competition.
“We are thrilled to announce this new strategic collaboration agreement with AWS,” said Shay Banon, Elastic’s CEO. “Our shared commitment to AI innovation will enable customers to build more powerful and efficient AI-based applications that drive business value. We look forward to working with AWS to accelerate the adoption of AI across industries.”
The partnership is also expected to create new opportunities for developers and enterprises alike, enabling them to build more complex and powerful AI-based applications that can drive business growth. The agreement will also help to accelerate the development of new AI-powered services and applications that can be used across industries.
In conclusion, the Elastic and AWS partnership marks a significant milestone in the journey to accelerate the adoption of AI across industries. The agreement reflects a shared commitment to innovation and customer success, and is expected to have a significant impact on the AI landscape. As the partnership unfolds, customers can expect to see new and exciting innovations that will help them unlock new insights and drive business growth.
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