Amazon is reportedly making over $100 million from one of its open source businesses — but the CEO behind the original software says Amazon isn’t slowing down its business

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The Information reported that Amazon appears to make as much money on Elasticsearch as Elastic does. Here's what Elastic CEO Shay Banon has to say.

generated $100 million in revenue last year from the top 100 customers of Amazon Elasticsearch Service, a paid service based on the popular Elasticsearch open source search engine project., the publicly-traded company that originally created the Elasticsearch software, did $271 million in sales in its last fiscal year. It's possible that when you factor in all of Amazon's million or so Elasticsearch customers, that it did about as much revenue, all in all.

That software, originally created by Elastic CEO and co-founder Shay Banon, is used by companies like Uber and Tinder to search and analyze their data. While the core software is open source, meaning free to use and modify,, Elastic charges for premium features that make Elasticsearch more useful to larger customers.

 

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