A multi-line, global insurance provider realized a 170% ROI after deploying Elastic Cloud to improve data access through Elastic Enterprise Search and Observability solutions. With a payback period of only 7.2 months, the company accomplished this without burdensome costs. The implementation of Elastic Cloud also enabled the organization to increase its tech stack’s maturity by ten years. Some of the immediate benefits included: Cost elimination: cutting hardware licenses, maintenance, and updating costs associated with the on-premises system. Time savings of 40% by reducing platform instability and streamlining data and customer records management.”]