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Elastic Announces General Availability of Elastic Cloud Serverless on Google Cloud Marketplace

1. Elastic launches Cloud Serverless on Google Cloud Marketplace, enhancing scalability. 2. This innovation simplifies infrastructure management for security and observability solutions.

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Why Bullish?

The launch of Elastic Cloud Serverless can increase adoption of ESTC's solutions, similar to past product launches which significantly boosted user engagement and revenue streams.

How important is it?

The integration into Google Cloud Marketplace taps into a large customer base, elevating chances for growth and potentially driving up stock value in the near future.

Why Short Term?

The immediate availability on a major platform like Google Cloud is likely to boost sales and visibility in the short term, based on previous product introductions that have quickly gained traction.

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SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced the general availability of Elastic Cloud Serverless on Google Cloud Marketplace. Developers can now quickly scale Elastic's Security, Observability and Search solutions on Google Cloud without having to manage their own infrastructure. Built on the industry-first Search AI Lake architecture, which leverages Google Cloud Storage, Elastic Cloud Serverless combines vast storage, separate storage and compute, lo.

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