Elastic Announces AI Assistant For Observability And General Availability Of Universal Profiling
Portfolio Pulse from Benzinga Newsdesk
Elastic (NYSE:ESTC) has announced the launch of Elastic AI Assistant for Observability and the general availability of Universal Profiling. The AI Assistant, powered by generative AI, provides site reliability engineers with operational insights specific to their IT environment. The Universal Profiling tool offers visibility into third-party libraries, helping to identify performance bottlenecks and reduce cloud costs.
September 19, 2023 | 1:15 pm
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POSITIVE IMPACT
Elastic's new AI Assistant and Universal Profiling tool could enhance its product offering and potentially attract more customers, which may have a positive impact on its stock.
The launch of these new tools could make Elastic's product more attractive to potential customers, particularly those in IT operations. This could lead to increased sales and revenue, which would likely have a positive impact on the company's stock price.
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