Elastic vs Qualcomm

Elastic — Infrastructure · Public · $10.2B mkt cap · 4 of 4 figures sourced  |  Qualcomm — Hardware · Public · $174.9B mkt cap · 4 of 4 figures sourced

Relationship

Elastic Inference Service and Qualcomm AI Inference Suite do comparable work on model hosting; both also serve buyers who need to serve a model in production; larger scale (public).

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

4 of 9 capabilitiesShared product typeLarger scale

4 of 9 capabilities — Shares evaluation and observability, knowledge retrieval, model hosting and 1 more.

Ludbee capability tags · from the product records

Shared product type — Both ship platform.

Ludbee product records

Larger scale — Qualcomm: $174.9B market cap, against Elastic's $10.2B market cap.

Ludbee scale figures · valuation, market cap or revenue estimate

Aligned comparison

FieldElasticQualcomm
Market cap$10.2B$174.9B Qualcomm has 17× more
Employees4,01952,000 Qualcomm has 13× more
Founded20121985 27 yrs earlier
StatusPublicPublic match
CategoryInfrastructureHardware
Stack layerAgent platform, Application, Model API, PlatformDeveloper tool, Hardware, Platform
HeadquartersAmsterdam, NetherlandsSan Diego, USA

Capability overlap

Shared · 4

Evaluation and observabilityModel hostingModel inferenceKnowledge retrieval

Not verified for Qualcomm · 5

Agent orchestrationData analysisThreat detection and responseVector searchWorkflow automation

Recorded for Elastic. Qualcomm’s product records say nothing either way — a missing record is not a missing capability.

Not verified for Elastic · 2

Accelerator siliconAI compute hardware

Recorded for Qualcomm. Elastic’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

Elastic

Platform

Elastic AI AssistantPlatform

A conversational assistant embedded in Kibana that answers natural-language questions against a customer's own indexed data across Elastic's Observability, Security and Search solutions.

Qualcomm

Platform

Qualcomm AI Inference SuitePlatform

A cloud and on-premises inference platform offering an SDK, OpenAI-compatible APIs and ready-made chat, RAG, image and code applications on top of Qualcomm's AI accelerators.

No counterpart

Elastic sells these in a stack layer with no product recorded for Qualcomm yet — nothing on the other side to compare them against.

Application

Elastic AI SOC EngineApplication

An AI security-operations layer that correlates alerts from a customer's existing security tools, prioritizes threats and guides response workflows without replacing their SIEM.

Elastic AIOpsApplication

GenAI- and ML-driven capability inside Elastic Observability that automatically detects, diagnoses and helps resolve operational issues, providing recommended actions for SREs.

Elastic LLM ObservabilityApplication

Monitoring capability inside Elastic Observability for generative-AI and agentic applications: performance, cost control, guardrail tracking and reliability for GenAI workloads.

Elastic SecurityApplication

Agentic security-operations platform unifying SIEM, XDR and native automation, with autonomous agents handling detection-to-response workflows and purpose-built AI skills for threat hunting, alert analysis and detection engineering; supports multiple LLMs including on-premises models.

Agent platform

Elastic Agent BuilderAgent platform

A builder for custom AI agents that answer questions and take actions over data indexed in Elasticsearch, using configurable tools, skills and prompts.

Elastic WorkflowsAgent platform

An automation engine that runs both scripted steps and AI agents which reason through investigations and execute response actions against data in Elasticsearch.

Model API

Elastic Inference ServiceModel API

Hosted inference endpoint that runs Elastic-managed LLMs, the ELSER sparse-embedding model and third-party embedding models for ingest, search and chat without provisioning ML nodes in a customer's own Elasticsearch deployment.

Qualcomm sells these in a stack layer with no product recorded for Elastic yet — nothing on the other side to compare them against.

Developer tool

Qualcomm AI HubDeveloper tool

A developer platform for optimising, benchmarking and deploying on-device AI models against 300+ pre-optimised models and 50+ real Qualcomm devices in the cloud.

Hardware

Qualcomm Cloud AI 100 UltraHardware

A PCIe AI inference accelerator card with up to 870 TOPS INT8 and 128GB of memory, built for generative AI and LLM inference in the data centre.

Qualcomm Dragonfly AI200Hardware

Rack-scale data-centre inference accelerator carrying 768 GB of LPDDR per card, announced October 2025 with commercial availability expected in 2026.

Qualcomm Dragonfly AI250Hardware

A second-generation rack-scale AI inference platform using Qualcomm High Bandwidth Compute (HBC) Gen 1 for memory-bound agentic inference.

Qualcomm Dragonfly AI300Hardware

A third-generation rack-scale AI inference platform using Qualcomm High Bandwidth Compute (HBC) Gen 2 for hyperscale LLM and agentic deployments.

Qualcomm Dragonwing IQ-2390Hardware

Embedded edge-AI processor in early access; part of Qualcomm's Dragonwing IQ2 series for IoT.

Qualcomm Dragonwing IQ9 SeriesHardware

Embedded IoT/edge-AI processor family, distinct from the Dragonfly AI200/250/300 data-centre accelerator line; an IQ-9075 Evaluation Kit is purchasable through Qualcomm's developer hardware section.

SnapdragonHardware

Mobile and PC processor family whose on-device AI engine runs models locally on phones, laptops and cars.

Snapdragon X SeriesHardware

A family of Snapdragon compute platforms for Windows PCs (X, X2 Elite, X2 Plus) sold on NPU-accelerated on-device AI performance.