{"id":793823,"date":"2024-12-10T09:11:27","date_gmt":"2024-12-10T14:11:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\/"},"modified":"2024-12-10T09:11:27","modified_gmt":"2024-12-10T14:11:27","slug":"elastic-announces-elastic-rerank-model-to-power-up-semantic-search","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\/","title":{"rendered":"Elastic Announces Elastic Rerank Model to Power Up Semantic Search"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }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 Announces Elastic Rerank Model to Power Up Semantic Search<\/b><\/p>\n<p class=\"bwalignc\"><i>New cross-encoder reranking model amplifies search experiences through semantic boosting and no required reindexing<\/i><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2F&amp;esheet=54164444&amp;newsitemid=20241210700572&amp;lan=en-US&amp;anchor=Elastic&amp;index=1&amp;md5=eee8079b98fde3bc929b914a1a083bec\">Elastic<\/a> (NYSE: ESTC), the Search AI Company, announced Elastic Rerank, a cross-encoder reranking model that offers powerful semantic search capabilities with no required reindexing, and high relevance, top performance, and efficiency for text search. Developers can now semantically boost keyword search with little to no change to how data is indexed and searched, providing flexibility and control over costs.<\/p>\n<p>\n\u201cReranking models provide a semantic boost to any search experience,\u201d said <b>Steve Kearns, general manager, Search at Elastic<\/b>. \u201cBuilding a reranking model into the Elasticsearch Open Inference API makes Elastic Rerank effortless to load and use in search pipelines. It allows users to quickly apply the accuracy benefits of semantic ranking to their Elasticsearch data just by adding a few parameters to existing queries.\u201d<\/p>\n<p>\nBuilt on the DeBERTa v3 architecture, the Elastic Rerank model outperforms other significantly larger reranking models. Testing indicates a 40% uplift on a broad range of retrieval tasks and up to 90% on question-answering data sets.<\/p>\n<p>\nSupport for Elastic Rerank via the Inference API is available on Elasticsearch Serverless and in Elasticsearch 8.17. Read the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.elastic.co%2Fsearch-labs%2Fblog%2Felastic-rerank-model-introduction&amp;esheet=54164444&amp;newsitemid=20241210700572&amp;lan=en-US&amp;anchor=Elastic+blog&amp;index=2&amp;md5=d3eb08857d6316aa0c8af90fbcf0bc01\">Elastic blog<\/a> for more details.<\/p>\n<p><b>About Elastic<\/b><\/p>\n<p>\nElastic (NYSE: ESTC), the Search AI Company, enables everyone to find the answers they need in real-time using all their data, at scale. Elastic\u2019s solutions for search, observability, and security are built on the Elastic Search AI Platform, the development platform used by thousands of companies, including more than 50% of the Fortune 500. Learn more at <b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Felastic.co&amp;esheet=54164444&amp;newsitemid=20241210700572&amp;lan=en-US&amp;anchor=elastic.co&amp;index=3&amp;md5=8cd4852c856006f210e01d7110ea09aa\">elastic.co<\/a>.<\/b><\/p>\n<p><i>Elastic 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.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241210700572r1&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\/20241210700572\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241210700572\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Elastic PR<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PR-team@elastic.co\">PR-team@elastic.co<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Security Technology Data Analytics Software Artificial Intelligence<\/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\/20241210700572\/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 Announces Elastic Rerank Model to Power Up Semantic Search New cross-encoder reranking model amplifies search experiences through semantic boosting and no required reindexing SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Rerank, a cross-encoder reranking model that offers powerful semantic search capabilities with no required reindexing, and high relevance, top performance, and efficiency for text search. Developers can now semantically boost keyword search with little to no change to how data is indexed and searched, providing flexibility and control over costs. \u201cReranking models provide a semantic boost to any search experience,\u201d said Steve Kearns, general manager, Search at Elastic. \u201cBuilding a reranking model into the Elasticsearch Open Inference API makes Elastic Rerank effortless to load and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elastic Announces Elastic Rerank Model to Power Up Semantic Search&#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-793823","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elastic Announces Elastic Rerank Model to Power Up Semantic Search - 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-announces-elastic-rerank-model-to-power-up-semantic-search\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elastic Announces Elastic Rerank Model to Power Up Semantic Search - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Elastic Announces Elastic Rerank Model to Power Up Semantic Search New cross-encoder reranking model amplifies search experiences through semantic boosting and no required reindexing SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211;Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Rerank, a cross-encoder reranking model that offers powerful semantic search capabilities with no required reindexing, and high relevance, top performance, and efficiency for text search. Developers can now semantically boost keyword search with little to no change to how data is indexed and searched, providing flexibility and control over costs. \u201cReranking models provide a semantic boost to any search experience,\u201d said Steve Kearns, general manager, Search at Elastic. \u201cBuilding a reranking model into the Elasticsearch Open Inference API makes Elastic Rerank effortless to load and &hellip; Continue reading &quot;Elastic Announces Elastic Rerank Model to Power Up Semantic Search&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-10T14:11:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241210700572r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Elastic Announces Elastic Rerank Model to Power Up Semantic Search\",\"datePublished\":\"2024-12-10T14:11:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/\"},\"wordCount\":346,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20241210700572r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/elastic-announces-elastic-rerank-model-to-power-up-semantic-search\\\/\",\"name\":\"Elastic Announces Elastic Rerank Model to Power Up Semantic Search - 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