The TL;DR
Elastic is the commercial company behind Elasticsearch, a popular open source database for storing and searching unstructured data.
- Companies collect loads of unstructured data in the form of logs, requests, sessions, server metrics, etc.
- Elasticsearch is a database to store that data, and a search engine to easily comb through it
- Unlike MongoDB or MySQL, Elasticsearch is an analytical database, not a production one
- Elasticsearch is commonly used with Kibana, its sister data visualization tool
Elasticsearch is a highly popular option for use cases around log management, typically for larger companies. The company behind the open source software went public back in 2018 and has seen impressive growth, reaching $1.27 billion in revenue for 2024 — more than tripling their $400M figure from 2020 [1] From Elastic's most recent 10-K filing: Our total revenue was $1.267 billion, $1.069 billion, and $862.4 million for the years ended April 30, 2024, 2023 and 2022, respectively, representing year-over-year growth of 19% for the year ended April 30, 2024 and 24% for the year ended April 30, 2023..