Elastic log Events ingest rate optimization

Hello Team,

I have ingested the data around 14.7GB, it took me around 29 minutes (From Filebeat-Logstash-Elasticsearch)to load the complete data. and later on next day the shard has been compressed to 10.5 GB.

could you please confirm below

whether elastic has compressing data method?
What is the Data transfer rate in Elasticsearch if we are having 64GB RAM and 32core CPU)?

As we are planning from splunk to ELK, how to optimize and tune to increase the ingestion speed rate.

Current Hardware specifications.(Elasticsearch, logstash, Kibana)
CPU- 16core
OS Disk Size-120GB


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