- Through an analysis of Elastic NV, we can get a glimpse of the fight between software developers and cloud giants like Amazon, amid the open-source paradigm.
- In this respect, the latest changes in licensing policy brought by the smaller play deserve further investigation, due to potential risks to continued sales momentum.
- There are also COVID-induced delayed spend by customers and competition, but improvement in bottom-line, surgical change in licensing, and better product positioning are all positives for Elastic.
- That said, shares have headed south despite the company reporting beats on both top and bottom lines during fiscal Q3-2021 and strong forward guidance.
For further details see:
Elastic NV: Realistically Assessing Opportunities After Licensing Policy Change