Palo Alto Networks reported better-than-expected third quarter results as the company said customers had an "enthusiastic response to platformization."
IBM Consulting will be a big channel for Palo Alto Networks' platform play.
Technologies for the enterprise have often been seen as enablers for disruption and change. Over the past five decades as one technology or vendor would come to prominence and dominate a market, challengers would apply new technologies or business models to topple the legacy market and create new markets. Silicon Valley built its credibility on these disruptive market entrants. This cycle would continue to repeat itself until the next challenger became the market leader and struggle to hold on to its lead while meeting the demands of investors and the market.
Google Cloud launched Threat Intelligence, Cisco and Splunk outlined integrations and new security offerings, Palo Alto Networks outlined its AI and cybersecurity future and CrowdStrike, Fastly and a bevy of others had announcements. Akamai acquired Noname Security.
Expect Software Giant Hunters To Soon Be The Hunted In A Digital Giant's Quest For Growth
Six of the Magnificent Seven (Microsoft, Apple, Nvidia, Alphabet [Google], Amazon, Meta [Facebook]) stocks have entered the four comma club -over $1 trillion in market cap. With a combined market cap of over $13.2 trillion, these six players continue to defy physics with continuous quarters of double digit organic growth. Digital giants by definition have deployed five key strategies:
Rubrik, an enterprise backup and recovery company, has filed for an initial public offering in a move that indicates a new batch of security vendors are likely to hit the market as companies prep their post-breach strategies.
Google Cloud Next 2024 has come and gone, but the buzz around Google's ambitious AI-driven security strategy is just getting started. With the unveiling of Gemini 1.5 Pro and a slew of new security features, Google is making a bold play to revolutionize the cybersecurity landscape. But what does this mean for customers, partners, and the industry at large?
For 2024, UnitedHealth said the tab for the Change Healthcare cyberattack could be as high as $1.6 billion.
Two questions have haunted me for two decades: first, can we really address security without addressing networks? Second, are observability and security like oil and water? We are seeing a convergence of network, security, and observability—fueled by AI.
