Global revenue in the BI and analytics software market is forecast to reach $18.3 billion in 2017, an increase of 7.3 percent from 2016, according to the latest Gartner forecast. Gartner believes the rapidly evolving modern BI and analytics market is being influenced by the following 7 dynamics ...
Management and technology consulting and engineering firm Booz Allen Hamilton and Elastic, creators of the open source software Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), announced a partnership that will enable organizations to shift more quickly to open, flexible and cloud-based technologies that support massive data volumes, to allow for data diversity and to accelerate access to real-time insights.
“Among public and private sector leaders, there’s an increasing interest in efficient data search technologies to solve some of the world’s most complex and demanding use cases,” said Peter Guerra, VP and Chief Data Scientist at Booz Allen Hamilton. “Elastic’s technology paired with Booz Allen experts will help public and private entities transform data into valuable insights and build real-time systems that enable a new level of intelligence and analytics.”
Booz Allen will use the Elastic Stack and X-Pack in combination with other technologies to help clients adapt to modern data architectures, build real-time applications and enable enterprise-wide data search, cybersecurity and anomaly detection. The Elastic and Booz Allen partnership will help clients pursue transformative strategies using data across search, logging, security, and analytics use cases to achieve millisecond response times across terabytes of diverse data types. In addition, X-Pack delivers monitoring, alerting, Graph analytics, reporting, and machine learning capabilities and meets the strictest government data security requirements.
“Elastic is very excited to expand upon our relationship with Booz Allen to help enterprises and government agencies tap into the unrealized potential of their data, accelerate open data initiatives, and solve complex use cases like cybersecurity,” said Aaron Katz, SVP of Worldwide Field Operations at Elastic. “With the creation of the Elastic Champions Group, Booz Allen and Elastic will gain direct user feedback designed to refine and accelerate the adoption of the Elastic Stack and X-Pack for our joint customers. This will also result in quick deployment and use of the technology in meeting the needs and the mission of the clients.”