Elastic NV at Barclays Global Technology Conference Transcript
Welcome to the next session. I'm really happy and excited to have the team from Elastic here. It's timely conference for us actually because you've delivered really kind of strong results last week.
Questions & Answers
Maybe Ashutosh, let's start with you, like, what were the highlights from your perspective?
Yes. So like I said, the results were quite strong, 17% growth, cloud grew by 31%, 13% operating margins. Just when I step back and think about what really drove the business in the quarter, I'd say there were 3 things that are worthy of calling out. So first is we continue to see momentum with the work that we've been doing with Generative AI. I talked about -- in Q1, I had called out that we had hundreds of customers that were using our Elastic Search Relevance Engine, ESRE functionality for
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