Full-Time

Strategic Expansion Account Executive

Mid-Market

Updated on 12/7/2024

Elastic

Elastic

1,001-5,000 employees

Search and data analysis solutions provider

Data & Analytics
Enterprise Software

Compensation Overview

$94.4k - $149.4kAnnually

+ Target Variable Compensation + On-Target Earnings (OTE)

Mid

Remote in USA

Preferred candidates should be based in the Pacific Northwest.

Category
Strategic Account Management
Sales & Account Management
Requirements
  • A proven track record in SaaS subscription sales, particularly in complex accounts, evidenced by quota overachievement and strong customer references.
  • In-depth understanding and, ideally, experience in selling solutions related to Enterprise Search, Log Analytics, Security, APM, and Cloud.
  • Adept at building relationships and establishing credibility with both developers and executives.
  • Consistent and accurate sales forecasting skills using SFDC.
  • Enthusiasm for the Open Source model and a deep appreciation for the community relying on our solutions.
  • Prior experience selling into the Mid-Market accounts included in this territory.
Responsibilities
  • Drive the adoption of Elastic's AI-powered search solutions within new Mid-Market accounts and deepen our engagement with existing accounts in the Pacific Northwest.
  • Position yourself as a trusted advisor, assisting users and customers in harnessing the full power of Elastic's search analytics to transform their data into actionable insights.
  • Champion our Open Source offerings, articulating the value and capabilities of our advanced commercial features.
  • Identify and develop new use cases, showcasing how Elastic’s solutions enable users to work more efficiently and intelligently.
  • Collaborate closely with various Elastic business functions to ensure an exceptional customer experience.
  • Proactively identify new business opportunities with customers, successfully navigating complex sales cycle.
  • Develop a comprehensive business plan leveraging community, customer, and partner ecosystems to drive significant growth within your territory.

Elastic provides search-powered solutions that help businesses search, analyze, and visualize data in real-time. Its main product, Elasticsearch, is a search engine that can be used in the cloud or on-premises, allowing organizations to manage large volumes of data effectively. This capability is essential for making informed decisions and improving operational efficiency. Elastic serves a wide range of clients, including large enterprises, small businesses, and government agencies across various industries such as technology, healthcare, finance, and retail. Unlike many competitors, Elastic offers flexible deployment options, including a hosted service (Elastic Cloud) and on-premises solutions, along with orchestration subscriptions for centralized management. The company's goal is to empower organizations to harness their data for better insights and decision-making, supported by a subscription-based business model that ensures steady revenue.

Company Stage

IPO

Total Funding

$157.6M

Headquarters

Mountain View, California

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

24%

2 year growth

23%
Simplify Jobs

Simplify's Take

What believers are saying

  • Collaboration with Microsoft enhances integration capabilities, attracting enterprise clients.
  • Partnership with vTech Solution opens new market opportunities in the public sector.
  • Launch of Search AI Lake expands capabilities in AI and cloud services.

What critics are saying

  • Critical security vulnerability in Kibana poses a risk to client trust.
  • Dependency on Microsoft technologies may impact Elastic's offerings.

What makes Elastic unique

  • Elastic offers a comprehensive suite of search-powered solutions for diverse industries.
  • The company provides both cloud and on-premises deployment options for flexibility.
  • Elastic's AI-optimized architecture supports low-latency and native vector database capabilities.

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Benefits

Fully paid health coverage for you and your family

Flexible location and schedule for most roles.

Generous number of vacation days each year

20+ additional shut it down days

Minimum of 16 weeks of parental leave, plus generous family formation benefits.

40 hours each year to use toward volunteering

Double your charitable giving