Elastic Enables Innovation in Next Generation Knowledge Management with LG CNS
Elastic N.V. Ordinary Shares (ESTC)
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm
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Source: Business Wire
Elasticsearch enhances LG CNS’s KeyLook AI with hybrid search, achieving a 95% increase in search relevance to dramatically improve the accessibility and usability of corporate knowledge SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI company, today announced its successful collaboration with LG CNS, a leading digital transformation company in Korea, to help transform the company’s global knowledge management services with enhanced search for generative AI (GenAI).LG CNS's KeyLook AI search algorithm is a retrieval augmented generation (RAG) system developed at its in-house AI Center. The company has integrated Elasticsearch into its search algorithm, increasing its search relevance rate to 95% while reducing data retrieval time by over 50%.LG CNS delivers comprehensive consulting, system development, and operational services to drive digital transformation in Korea and globally. Drawing upon a legacy of expertise earned from years of success in large-scale IT i
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ESTC
News
- Elastic (NYSE: ESTC) had its price target raised by analysts at Oppenheimer Holdings Inc. from $125.00 to $140.00. They now have an "outperform" rating on the stock.MarketBeat
- Elastic (NYSE: ESTC) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Elastic (NYSE: ESTC) had its price target raised by analysts at Bank of America Co. from $94.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Elastic (NYSE: ESTC) was upgraded by analysts at Robert W. Baird from a "neutral" rating to an "outperform" rating. They now have a $135.00 price target on the stock, up previously from $95.00.MarketBeat
- Elastic (ESTC) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
ESTC
Earnings
- 11/21/24 - Beat
ESTC
Sec Filings
- 11/21/24 - Form 8-K
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- ESTC's page on the SEC website