In an earnings call transcript for Q1 of FY2021, published by the Motley Fool, Elastic credits much of its strong performance to Elastic Cloud’s ease and scalability. Subscription revenue from the SaaS platform grew 86% year-over-year.
Elastic Security 7.9 includes “new machine learning jobs and threat detection rules” for “continuous analysis of data from both AWS CloudTrail and Okta to support cloud infrastructure monitoring and identity and access monitoring.”
Elastic Cloud on AWS GovCloud has received FedRAMP Moderate authorization, allowing “users from federal agencies…to manage…personally identifiable information…and routine covered defense information…” on the platform.
Cost management is critical when leveraging the public clouds. Elastic has posted a helpful article about considerations for balancing risk and cost when configuring availability zones and snapshots for your Elastic Cloud deployments.
With some Elasticsearch databases hit hard by meow bot, Elastic advises admins to enable the free security features in on-prem installations. Elastic Cloud deployments come with security enabled by default.
Elastic Cloud now offers enhanced security through IP filtering (restricting access to your deployments based on specific IP addresses) and AWS PrivateLink integration (connecting two VPCs via the PrivateLink service.)