Elastic: Delivering Smart Cybersecurity Solutions to help Customers Stay Ahead of the Game
The estimated worth of the global market for cyber security solutions in 2022 was $202.72 billion, and from 2023 to 2030, it is anticipated to increase at a CAGR of 12.3 percent. The primary drivers fuelling the industry's expansion include the rise of e-Commerce portals, the adoption of cloud-based solutions, and the advancement of smart devices. In order to identify, neutralize, and reduce the risk of cyberattacks, businesses are anticipated to acquire and install sophisticated cyber safety solutions, further fuelling the market's expansion. An industry leader in offering search-powered solutions, Elastic is an Open Platform for Unified Security, allowing users to locate what they need more quickly while preventing cyberattacks and maintaining the seamless operation of their applications.Services & Products
The firm was set up on the principles of free and open and follows these values across all professional under takings. Endpoint Security, Extended Detection & Response, Security Information and Event Management, and Cloud Security are all integrated into Elastic's Search Platform. The security solutions are built on an identical common stack that actuates the company’s market leading search and observ ability solutions. It allows customers to imbibe, evaluate, and mine data at previously inconceivable speed, scale, and relevance, distinguishing Elastic from the majority of competing solutions providers.
“Elastic Security Labs observes that a significant percentage of all threats achieve a degree of success against technical, procedural, and human mitigations. We have observed threats with mature software development and research capabilities of
their own, bypassing sophisticated endpoint detection and response (EDR), antivirus, network intrusion detection systems (NIDS), and directory service policy controls. Compromised service providers, software supply chains, and built-in operating system frameworks like Berkeley Packet Filter(BPF) are no longer far fetched fictions, but are today’s attack surface”, briefs Neeraj Bhatia, Area Vice President (India/South Asia), Elastic.
Elastic possesses the added benefit of being the forerunner in delivering a solution that covers cross organizational divisions owing to the inclusion of an emphasis on security use cases. This helps reduce blind spots while protecting earlier security efforts. With the variety of integrations that Elastic provides, customers can empower security positions, offering security teams access to adequate discourse to decide on a strategy that will cut down dwell time and MTTx while also gradually improving security posture with improved exposure, analyzation, and safeguards across the company from onpremises to cloud.
“We are constantly adding industry relevant features to Elastic Security, already becoming a leader in the space in just two year period. We are also the second fastest growing SIEM solution in the market”, adds Neeraj.
The firm’s distinctive success in the industry is a result of the team’s collective effort, expertise, and experience. Elastic’s global security team comprises over 200 security engineers, researchers and product managers, bringing vast experience in different security domains and having successfully led other products to the market. The expertise of these professionals helps Elastic continually improve upon services and products, and stay ahead.
Future Roadmap
Elastic continuously develops innovative features, and new releases are provided at an average of every eight weeks. The firm has recently unveiled several significant new capabilities, including Kubernetes posture management and cloud workload security. The company has also officially announced plans for the creation and launch of features like ESQL, a fresh query language aimed at offering security clients additional options, and a serverless version of the existing offering that will increase value and enhance the user experience.
Elastic possesses the added benefit of being the forerunner in delivering a solution that covers cross organizational divisions owing to the inclusion of an emphasis on security use cases. This helps reduce blind spots while protecting earlier security efforts. With the variety of integrations that Elastic provides, customers can empower security positions, offering security teams access to adequate discourse to decide on a strategy that will cut down dwell time and MTTx while also gradually improving security posture with improved exposure, analyzation, and safeguards across the company from onpremises to cloud.
“We are constantly adding industry relevant features to Elastic Security, already becoming a leader in the space in just two year period. We are also the second fastest growing SIEM solution in the market”, adds Neeraj.
The firm’s distinctive success in the industry is a result of the team’s collective effort, expertise, and experience. Elastic’s global security team comprises over 200 security engineers, researchers and product managers, bringing vast experience in different security domains and having successfully led other products to the market. The expertise of these professionals helps Elastic continually improve upon services and products, and stay ahead.
Future Roadmap
Elastic continuously develops innovative features, and new releases are provided at an average of every eight weeks. The firm has recently unveiled several significant new capabilities, including Kubernetes posture management and cloud workload security. The company has also officially announced plans for the creation and launch of features like ESQL, a fresh query language aimed at offering security clients additional options, and a serverless version of the existing offering that will increase value and enhance the user experience.
