{"id":472063,"date":"2021-04-06T14:06:29","date_gmt":"2021-04-06T18:06:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472063"},"modified":"2021-04-06T14:06:29","modified_gmt":"2021-04-06T18:06:29","slug":"elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/","title":{"rendered":"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines<\/b><\/p>\n<p class=\"bwalignc\"><i>Elastic is a First-Time Entrant in Gartner\u2019s 2021 Evaluation of Insight Engines Tool Vendors<\/i><\/p>\n<p>MOUNTAIN VIEW, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nElastic (NYSE: ESTC) (\u201cElastic\u201d), the company behind <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Felasticsearch%2F&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=Elasticsearch&amp;index=1&amp;md5=d566bb0a7021a8c294ad1dc07c9fd10f\">Elasticsearch<\/a> and the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Felastic-stack&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=Elastic+Stack&amp;index=2&amp;md5=b48726281e2e09be009edc54e2a68263\">Elastic Stack<\/a>, today announced it is a first-time entrant and has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines<sup>1<\/sup>. Download the complimentary report <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fcampaigns%2Fgartner-magic-quadrant-for-insight-engines-report%3Fbaymax%3Drtp%26elektra%3Dhome%26storm%3Dsub2%26rogue%3Dgartner-mq-gic&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=c87e8b8c9ab6dec6955d68c613054591\">here<\/a>.\n<\/p>\n<p>\nGartner reports that \u201cAs businesses evolve to become digital and to generate more structured and unstructured content, the need for insight engine technology to surface relevant facts, content and knowledge to stakeholders is critical. From a value for money standpoint, insight engines offer flexibility and broad applicability when it comes to getting and pushing knowledge to the broadest set of customers and employees \u2014 in contrast to, for example, conversational technologies and intelligent document processing solutions.<sup>1<\/sup>\u201d\n<\/p>\n<p>\nIn a search-first world immersed in data, Elastic Enterprise Search dramatically simplifies creating enterprise-grade search experiences for both customer- and employee-facing search applications. It is a powerful, modern search solution for any website, app, or workplace in a single unified stack that enables customers to scale their search requirements as they grow. The solution is also engineered for easy implementation to deliver shorter time to value for search projects.\n<\/p>\n<p>\nElastic believes that its Enterprise Search solution changes the status quo for search solutions, providing a proven free and open alternative to legacy search products with five differentiating factors:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nSimple, pretuned search configurations that reduce complexity and time to value, helping busy users find the answers they need quickly and at scale.\n<\/li>\n<li>\nFlexible deployment options with support for all major cloud platforms as well as self-managed options, and the ability to get started simply and immediately with free trials on Elastic Cloud or with Elastic\u2019s free download.\n<\/li>\n<li>\nFlexible, consumption-based pricing that disrupts traditional complex pricing models to allow greater cost control, along with pricing calculators and tools that simplify budget planning, specifically for price comparisons.\n<\/li>\n<li><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fabout%2Fpress%2Felastic-launches-enterprise-search-on-elastic-cloud&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=Unparalleled+scalability+and+flexibility&amp;index=4&amp;md5=730eb3b8e1e169ce887df543f0481749\">Unparalleled scalability and flexibility<\/a> with Elasticsearch and Elastic Cloud, enabling organizations to effortlessly adapt to changing demand or market conditions.\n<\/li>\n<li>\nAn extensible and platform-agnostic solution with the ability to connect seamlessly to content wherever it sits.\n<\/li>\n<\/ul>\n<p>\nElastic\u2019s reviews on Gartner Peer Insights indicate that <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fenterprise-search&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=Elastic%26%238217%3Bs+insight+engines&amp;index=5&amp;md5=c8925890b949154157192a1e087813cc\">Elastic\u2019s insight engines<\/a> customers rate the company\u2019s products highly, with an overall rating of 4.5 out of 5 in the Insight Engines market based on 34 reviews, as on April 2, 2021<sup>2<\/sup>.\n<\/p>\n<p>\nFor more information, read the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fcampaigns%2Fgartner-magic-quadrant-for-insight-engines-report%3Fbaymax%3Drtp%26elektra%3Dhome%26storm%3Dsub2%26rogue%3Dgartner-mq-gic&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=2021+Gartner+Magic+Quadrant+for+Insight+Engines&amp;index=6&amp;md5=9a7f3091e1fd22a545594911ae6fcdda\">2021 Gartner Magic Quadrant for Insight Engines<\/a> and the blog \u201c<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fblog%2Felastic-recognized-as-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=Elastic+recognized+as+a+Challenger+in+the+2021+Gartner+Magic+Quadrant+for+Insight+Engines&amp;index=7&amp;md5=c9cb0a51ec9fbfe210e8033489e99b75\">Elastic recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines<\/a>.\u201d\n<\/p>\n<p><b>Supporting Quotes:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\n&#8220;GEP Worldwide&#8217;s market-leading software uses the power and flexibility of Elastic to drive value in every part of the procurement and supply operation. In an industry dominated by unstructured, dynamically-changing data, our access and control of that data through the power of Elastic is delivering huge returns,\u201d said <b>Huzaifa Matawala, senior director, GEP Worldwide.<\/b> \u201cTo top it off, Elastic\u2019s consumption-based pricing model has made it much easier to forecast and continually manage our costs to avoid overpaying for services that we don\u2019t need or use.\u201d\n<\/li>\n<li>\n\u201cOrganizations today require a seamless search experience that enables users to easily find the information and content they need in a fast and intuitive interface,\u201d said <b>Matt Riley, VP of product management, Enterprise Search, Elastic.<\/b> \u201cThis is the first year that Elastic has been recognized in the Magic Quadrant for Insight Engines, and we believe our recognition by Gartner as a Challenger validates that our rapid pace of innovation and ability to power personalized search experiences at scale meets the needs of modern, distributed businesses.\u201d\n<\/li>\n<\/ul>\n<p><i><sup>[1] <\/sup>Gartner, \u201cMagic Quadrant for Insight Engines,\u201d Stephen Emmott, Anthony Mullen, March 2021<br \/>\n<br \/><sup>[2]<\/sup> See complete rating and reviews <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.gartner.com%2Freviews%2Fmarket%2Finsight-engines%2Fvendor%2Felasticsearch&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=here&amp;index=8&amp;md5=37086015ee3aff7f7453b6e8cbef8db3\">here<\/a>. <\/i><\/p>\n<p><b>Gartner Disclaimer:<\/b><\/p>\n<p>\nGartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner&#8217;s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.\n<\/p>\n<p>\nGartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates.\n<\/p>\n<p><b>About Elastic:<\/b><\/p>\n<p>\nElastic is a search company built on a free and open heritage. Anyone can use Elastic products and solutions to get started quickly and frictionlessly. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack that can be deployed anywhere. From finding documents to monitoring infrastructure to hunting for threats, Elastic makes data usable in real time and at scale. Thousands of organizations worldwide, including Cisco, eBay, Goldman Sachs, Microsoft, The Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon, use Elastic to power mission-critical systems. Founded in 2012, Elastic is a distributed company with Elasticians around the globe and is publicly traded on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FNew_York_Stock_Exchange&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=NYSE&amp;index=9&amp;md5=932d8acce7085bda05cfad6561a07b5f\">NYSE<\/a> under the symbol ESTC. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2F&amp;esheet=52407436&amp;newsitemid=20210406005989&amp;lan=en-US&amp;anchor=elastic.co&amp;index=10&amp;md5=5dcae868874cba6912fa600154dba385\">elastic.co<\/a>.\n<\/p>\n<p><i>Elastic<\/i> and associated marks are trademarks or registered trademarks of Elastic N.V. and its subsidiaries. All other company and product names may be trademarks of their respective owners.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005989r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210406005989\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210406005989\/en\/<\/a><\/span><\/p>\n<p>\nElastic Public Relations<br \/>\n<br \/>Ariel Roop<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PR-Team@elastic.co\">PR-Team@elastic.co<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Security Technology Other Technology Software Networks Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210406005989\/en\/712541\/3\/elastic-logo-V-full_color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines Elastic is a First-Time Entrant in Gartner\u2019s 2021 Evaluation of Insight Engines Tool Vendors MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211; Elastic (NYSE: ESTC) (\u201cElastic\u201d), the company behind Elasticsearch and the Elastic Stack, today announced it is a first-time entrant and has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines1. Download the complimentary report here. Gartner reports that \u201cAs businesses evolve to become digital and to generate more structured and unstructured content, the need for insight engine technology to surface relevant facts, content and knowledge to stakeholders is critical. From a value for money standpoint, insight engines offer flexibility and broad applicability when it &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472063","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines Elastic is a First-Time Entrant in Gartner\u2019s 2021 Evaluation of Insight Engines Tool Vendors MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211; Elastic (NYSE: ESTC) (\u201cElastic\u201d), the company behind Elasticsearch and the Elastic Stack, today announced it is a first-time entrant and has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines1. Download the complimentary report here. Gartner reports that \u201cAs businesses evolve to become digital and to generate more structured and unstructured content, the need for insight engine technology to surface relevant facts, content and knowledge to stakeholders is critical. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/","og_locale":"en_US","og_type":"article","og_title":"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines - Market Newsdesk","og_description":"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines Elastic is a First-Time Entrant in Gartner\u2019s 2021 Evaluation of Insight Engines Tool Vendors MOUNTAIN VIEW, Calif.&#8211;(BUSINESS WIRE)&#8211; Elastic (NYSE: ESTC) (\u201cElastic\u201d), the company behind Elasticsearch and the Elastic Stack, today announced it is a first-time entrant and has been recognized as a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines1. Download the complimentary report here. Gartner reports that \u201cAs businesses evolve to become digital and to generate more structured and unstructured content, the need for insight engine technology to surface relevant facts, content and knowledge to stakeholders is critical. From a value for money standpoint, insight engines offer flexibility and broad applicability when it &hellip; Continue reading \"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-06T18:06:29+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005989r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines","datePublished":"2021-04-06T18:06:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/"},"wordCount":932,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005989r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-named-a-challenger-in-the-2021-gartner-magic-quadrant-for-insight-engines\/","name":"Elastic Named a Challenger in the 2021 Gartner Magic Quadrant for Insight Engines - 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