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And yet many companies are competing just fine. Elastic's biggest growth comes from cloud services, which matches every other database vendor from MongoDB to Re
by manigandham 6y ago
And yet many companies are competing just fine. Elastic's biggest growth comes from cloud services, which matches every other database vendor from MongoDB to Redis. [1].
AWS just proved that the market wants to buy solutions, not software. There are tons of customers and environments where a dedicated vendor can offer something far better than the lowest-common-denominator that AWS provides.
If you want another success story, just look at how Snowflake built a better Redshift on AWS (quite literally).
1. Start at page 23 of their earnings report: https://s2.q4cdn.com/265747582/files/doc_financials/2021/q2/ESTC-Q2-FY21-Earnings-Deck-(POST).pdf https://s2.q4cdn.com/265747582/files/doc_financials/2021/q2/...