Full-Time

Enterprise Account Executive

Confirmed live in the last 24 hours

Elastic

Elastic

1,001-5,000 employees

Search and analyze data in real-time

Data & Analytics
Enterprise Software

Compensation Overview

$113.3k - $179.2kAnnually

Senior, Expert

Remote in USA

Category
Field Sales
Sales & Account Management
Requirements
  • A track-record of success hunting to sell SaaS subscriptions and professional services into net-new complex accounts, demonstrated by overachievement of quota and strong customer references
  • A deep understanding and preferably experience selling into the ecosystem we live in, including Enterprise Search, Logging, Security, APM and Cloud
  • The ability to build relationships and credibility with both IT and LOB executives
  • Predictability and accurate forecasting capabilities using SFDC
  • An appreciation for the Open Source go-to-market model and the community of users who rely on our solutions every single day
  • Previous experience selling into the Enterprise accounts included in this territory
Responsibilities
  • Breaking in, building relationships and awareness, to create the demand and new business revenue for Elastic solutions within new Enterprise accounts.
  • Uncovering new and diverse use cases for Search, Security, and Observability to solve key business initiatives in their organizations.
  • Working thoughtfully with customers to identify new business opportunities, managing through the sales cycle and closing complex transactions.
  • Building a robust pipeline and a long term business plan through community, customer and partner ecosystems to achieve significant Elastic growth within your accounts.
  • Delivering against monthly, quarterly annual revenue targets for New Business SaaS subscriptions and Professional Services contracts while maintaining the existing customer base.
  • Collaborating across Elastic business functions to ensure a seamless customer experience

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 and government agencies across various industries such as technology, healthcare, and finance. 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 through a subscription-based model that ensures predictable revenue.

Company Stage

IPO

Total Funding

$157.6M

Headquarters

Mountain View, California

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

17%

2 year growth

17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Elastic's recent launch of Playground and Search AI Lake demonstrates its commitment to innovation and staying ahead in the AI and data analytics space.
  • Recognition with the 2024 EMA Allstars award for AI-assisted observability highlights Elastic's industry leadership and potential for continued growth.
  • Strategic acquisitions, like that of Elastic Agency by IVE Group, expand Elastic's market reach and service offerings, enhancing its competitive edge.

What critics are saying

  • The competitive SaaS market requires Elastic to continuously innovate to maintain its market position and avoid being overshadowed by larger players.
  • Integration challenges from acquisitions, such as that of Elastic Agency, could pose risks to operational efficiency and company culture.

What makes Elastic unique

  • Elastic's flagship product, Elasticsearch, offers unparalleled real-time search and data analysis capabilities, setting it apart from competitors in the SaaS market.
  • The company's diverse deployment options, including Elastic Cloud and Elastic On-Prem, provide flexibility that caters to a wide range of client needs.
  • Elastic's focus on security analytics and business analytics, combined with its robust subscription-based model, ensures a steady revenue stream and high client retention.

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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