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cybersecurityict · 1 month ago

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Web Content Filtering Market Size, Share, Analysis, Forecast, and Growth Trends to 2032: North America and Asia-Pacific Show Explosive Growth

The Web Content Filtering Market size was valued at USD 4.62 Billion in 2023 and is expected to reach USD 13.11 Billion by 2032 and grow at a CAGR of 12.29% over the forecast period 2024-2032.

The Web Content Filtering Market is rapidly evolving as organizations worldwide place increased emphasis on cybersecurity, employee productivity, and data protection. As digital connectivity expands, enterprises, educational institutions, and government agencies are investing heavily in content filtering solutions to manage access to inappropriate, malicious, or distracting web content. The shift to hybrid work environments and rising cloud adoption have further accelerated demand for advanced filtering technologies integrated with AI, machine learning, and real-time threat intelligence.

The Web Content Filtering Market is also being driven by growing regulatory requirements, especially concerning data security and online safety. Companies are now seeking robust, customizable filtering tools that provide granular control over web access while ensuring compliance with industry standards. As more internet-enabled devices are integrated into corporate networks, content filtering is becoming a foundational component of enterprise cybersecurity strategy.

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Market Keyplayers:

McAfee Inc. (McAfee Web Gateway, Cloud Secure Web Gateway)

Blue Coat Systems Inc. (Blue Coat WebFilter, ProxySG)

Palo Alto Networks Inc. (URL Filtering, PAN-DB)

Cisco Systems Inc. (Cisco Umbrella, Web Security Appliance)

Barracuda Networks Inc. (Barracuda Web Security Gateway, Web Application Firewall)

ContentKeeper Technologies (ContentKeeper Secure Internet Gateway)

Bloxx, Ltd. (Bloxx Web Filtering)

Fortinet (FortiGuard Web Filtering, FortiGate)

Interoute (Interoute Secure Web Gateway)

TitanHQ (WebTitan Cloud, WebTitan Gateway)

Clearswift (Clearswift Secure Web Gateway)

Cyren (Cyren Web Security)

Trend Micro (Trend Micro InterScan Web Security, Cloud App Security)

Untangle (NG Firewall Web Filter, Command Center)

Symantec Corporation (Symantec WebFilter, ProxySG)

Kaspersky Lab (Kaspersky Web Traffic Security, Endpoint Security)

Zscaler Inc. (Zscaler Internet Access, Zscaler Secure Web Gateway)

Sophos (Sophos XG Firewall, Web Gateway)

Forcepoint LLC (Forcepoint Web Security Cloud, NGFW)

WatchGuard Technologies Inc. (WatchGuard WebBlocker, Firebox Security Suite)

Market Analysis

The global web content filtering landscape has matured from simple URL blocking systems to comprehensive, policy-driven platforms. Vendors now offer dynamic filtering based on real-time behavior analysis, keyword inspection, SSL inspection, and user identity. Increased use of BYOD (Bring Your Own Device) policies and remote access have widened the scope of deployment across mobile platforms. Key industry verticals such as healthcare, finance, and education are at the forefront of adoption due to their high compliance needs and data sensitivity. Market consolidation is underway, with major cybersecurity companies acquiring smaller niche players to strengthen their filtering capabilities and expand their customer base.

Market Trends

Integration of AI and ML for smarter, predictive filtering

Rise in demand for cloud-based content filtering solutions

Increasing focus on secure web gateways (SWG) and zero trust architecture

Growth in mobile content filtering for remote and hybrid workforces

Enhanced filtering tools tailored for educational institutions

Compliance-driven adoption in finance, healthcare, and government sectors

Multi-language and contextual content filtering capabilities

Market Scope

Expanding Beyond Enterprises: Growing adoption in K–12 schools, universities, and libraries for student protection and content control

Smart Content Classification: Solutions now offer deep content analysis rather than relying solely on URL blacklists

Global Reach, Local Sensitivity: Vendors focusing on region-specific compliance and cultural content parameters

Customization is Key: Demand for flexible user policies, real-time reporting, and admin dashboards

IoT & Edge Filtering: Filtering expanding to IoT and edge environments with minimal latency

As the internet continues to evolve, the scope of web content filtering expands from being a basic IT tool to a strategic defense mechanism. It now plays a vital role in business continuity, brand integrity, and legal compliance.

Market Forecast

The future of the web content filtering market is not just growth—it's transformation. Driven by next-gen technology and complex threat landscapes, the market is expected to evolve into a more intelligent and adaptive ecosystem. The integration of filtering capabilities into broader cybersecurity platforms will shape how enterprises secure their digital perimeters. With emerging tech like 5G, edge computing, and AI-driven analytics, content filtering will move closer to real-time, contextual decision-making, empowering organizations to proactively mitigate risks before they escalate.

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Conclusion

In a world where online interactions define workplace productivity, learning environments, and consumer engagement, the Web Content Filtering Market is no longer a backend IT concern—it's a frontline strategy. As organizations prioritize safe, efficient, and compliant web access, the demand for smart, scalable filtering solutions will only intensify. For vendors and stakeholders, this market represents not just a technological opportunity, but a societal mandate to safeguard digital experiences in an increasingly connected age.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

#Web Content Filtering Market #Web Content Filtering Market Scope #Web Content Filtering Market Share #Web Content Filtering Market Trends

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differenttimemachinecrusade · 2 months ago

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Ransomware Protection Market Segmentation: Size, Share, Scope, Analysis, Forecast, Growth & Industry Report 2032

The Ransomware Protection Market was valued at USD 25.59 billion in 2023 and is expected to reach USD 91.80 billion by 2032, growing at a CAGR of 15.29% over the forecast period 2024-2032.

The rise of sophisticated cyberattacks has made ransomware one of the most pressing threats facing businesses, governments, and individuals worldwide. As digital transformation accelerates and organizations become increasingly data-dependent, the demand for robust ransomware protection solutions has reached unprecedented levels. With ransomware incidents becoming more frequent, costly, and targeted, the need for advanced defense mechanisms—ranging from endpoint protection to backup and recovery tools—continues to drive the growth of the global ransomware protection market.

Ransomware Protection Market Size, Share, Scope, Analysis, Forecast, Growth, and Industry Report 2032 explores how this market is evolving in response to growing cyber threats and an increasingly complex threat landscape. The report highlights key developments in detection technologies, response strategies, and regulatory frameworks that are shaping the way businesses approach cybersecurity. The market is not only growing in value but also in scope, encompassing services and solutions across various industries, including healthcare, finance, education, and critical infrastructure.

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Market Keyplayers:

Microsoft (Microsoft Defender, Azure Sentinel)

Cisco Systems (Cisco Umbrella, Cisco Secure Endpoint)

CrowdStrike (Falcon Prevent, Falcon Insight)

Palo Alto Networks (Cortex XDR, Prisma Cloud)

Sophos (Intercept X, XG Firewall)

Trend Micro (Worry-Free Business Security, Deep Discovery)

Check Point Software (ThreatCloud, SandBlast)

Fortinet (FortiGate, FortiEDR)

McAfee (McAfee Total Protection, MVISION Endpoint Security)

FireEye (Helix, Endpoint Security)

Kaspersky Lab (Kaspersky Anti-Virus, Kaspersky Endpoint Security)

ESET (ESET NOD32 Antivirus, ESET Endpoint Security)

Carbon Black (VMware Carbon Black Cloud, Carbon Black Response)

Bitdefender (Bitdefender GravityZone, Bitdefender Antivirus)

Acronis (Acronis Cyber Protect, Acronis True Image)

Barracuda Networks (Barracuda Web Security Gateway, Barracuda Backup)

Veeam (Veeam Backup & Replication, Veeam Availability Suite)

Symantec (Symantec Endpoint Protection, Symantec Advanced Threat Protection)

Mimecast (Mimecast Email Security, Mimecast Targeted Threat Protection)

Zscaler (Zscaler Internet Access, Zscaler Private Access)

Market Trends

Several notable trends are shaping the ransomware protection market as organizations work to stay ahead of increasingly agile and aggressive cybercriminals:

Zero Trust Security Models: With perimeter-based defenses proving insufficient, organizations are shifting toward zero trust architectures that require continuous authentication and least-privilege access. This trend is significantly influencing how companies design their ransomware defense strategies.

Cloud-Based Ransomware Protection: As more enterprises migrate to cloud environments, the demand for cloud-native ransomware protection solutions has surged. Vendors are now offering scalable, cloud-integrated tools that provide real-time monitoring and threat intelligence.

AI and Machine Learning Integration: Modern ransomware protection tools are leveraging artificial intelligence and machine learning algorithms to detect anomalies and respond to threats faster than traditional systems. These technologies are enabling proactive threat hunting and behavioral analysis.

Ransomware-as-a-Service (RaaS): On the attacker side, the proliferation of RaaS platforms has lowered the barrier to entry for cybercriminals, making ransomware attacks more accessible and frequent. This trend, in turn, is forcing security vendors to innovate rapidly and offer more sophisticated solutions.

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Market Segmentation:

By Solution

Standalone Anti-Ransomware Software

End-Point Security

Network Security

Secure Web Gateways

By Service

Managed

Consulting

Support & Management

By Industry Vertical

BFSI

IT & Telecom

Healthcare

Education

Manufacturing

Retail

By Deployment Mode

Cloud

On-Premise

Market Analysis

Factors contributing to this growth include increasing cybercrime incidents, the high cost of downtime and data loss, and stricter regulatory requirements around data protection. The financial impact of ransomware attacks—measured not only in ransom payments but also in recovery costs, reputational damage, and legal liabilities—continues to highlight the importance of comprehensive protection strategies.

North America holds the largest market share, driven by early adoption of advanced cybersecurity technologies, a strong regulatory environment, and a high concentration of targeted industries such as healthcare and finance. Meanwhile, Asia-Pacific is expected to exhibit the highest growth rate due to rapid digitalization, growing awareness of cyber risks, and the expanding presence of global cybersecurity vendors in the region.

Small and medium-sized enterprises (SMEs), previously slower to invest in cybersecurity, are emerging as a key market segment due to their growing vulnerability and increasing reliance on digital tools. Vendors are now offering affordable, scalable solutions tailored specifically for SMEs to tap into this expanding customer base.

Future Prospects

The future of the ransomware protection market looks both promising and challenging. On the one hand, technological innovation continues to produce more advanced and effective tools for detection, prevention, and recovery. On the other, threat actors are constantly adapting, employing techniques like double extortion, data exfiltration, and stealthy lateral movement within networks.

Going forward, greater collaboration between governments, private companies, and cybersecurity firms will be essential to tackling ransomware at scale. International efforts to track and dismantle ransomware groups, coupled with increased investments in cybersecurity infrastructure, are expected to play a crucial role in reducing the threat landscape.

Moreover, the growing integration of ransomware protection within broader cybersecurity ecosystems—such as Security Information and Event Management (SIEM), Extended Detection and Response (XDR), and Managed Detection and Response (MDR) platforms—will enhance visibility and resilience across enterprise networks. Education and employee training will also remain vital components of any ransomware defense strategy, as human error continues to be a common entry point for attacks.

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Conclusion

The ransomware protection market is undergoing dynamic growth as digital threats continue to evolve in complexity and impact. With cybercriminals developing more sophisticated attack vectors and targeting a wider range of organizations, the demand for comprehensive, scalable, and intelligent protection solutions is stronger than ever. As the market matures, it will be shaped by continued innovation, evolving regulations, and a global push for more secure digital ecosystems. By staying ahead of trends and investing in adaptive cybersecurity strategies, organizations can better safeguard their data, operations, and reputations in the years to come.

About Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

#Ransomware Protection Market #Ransomware Protection Market Trends #Ransomware Protection Market Scope

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newsmarketreports · 10 months ago

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Competitive Landscape: Analyzing Zscaler's Key Rivals

Zscaler Inc. is a leading provider of cloud security solutions, offering businesses a comprehensive platform to secure their digital transformation. With its Zero Trust Exchange architecture, Zscaler has revolutionized the way enterprises approach cybersecurity, particularly in a cloud-first world. This article provides an in-depth analysis of Zscaler's competitive landscape, highlighting the key players in the market and how Zscaler's innovative approach positions it against its competitors.

Overview of the Cloud Security Market

The cloud security market is rapidly growing, driven by the increasing adoption of cloud services and the need for robust security solutions to protect against evolving cyber threats. As organizations continue to migrate their operations to the cloud, the demand for secure access solutions, data protection, and threat intelligence has surged. In this competitive landscape, Zscaler stands out with its unique Zero Trust approach, which eliminates the need for traditional network security architectures.

Key Competitors in the Cloud Security Space

Zscaler operates in a highly competitive market, with several established players vying for market share. Some of the key competitors include:

Palo Alto Networks: A global leader in cybersecurity, Palo Alto Networks offers a broad portfolio of security solutions, including firewalls, cloud security, and endpoint protection. The company’s Prisma Access platform is a direct competitor to Zscaler, offering secure access to applications and data from anywhere.

Cisco Systems: Cisco is a well-known player in the network and cybersecurity space, offering a range of products, including secure access solutions, firewalls, and threat intelligence. Cisco's Umbrella platform competes with Zscaler's offerings, providing cloud-delivered security to protect users both on and off the corporate network.

Fortinet: Fortinet is another significant competitor, known for its integrated and automated cybersecurity solutions. Fortinet's Security Fabric platform is designed to secure all points of the digital attack surface, and its Secure SD-WAN solution competes with Zscaler's cloud security platform.

Akamai Technologies: Akamai is a key player in the content delivery and cloud security markets. Its Zero Trust Enterprise Security platform is a direct competitor to Zscaler, offering secure access to applications without the need for traditional VPNs or firewalls.

Zscaler's Competitive Advantages

Zscaler’s primary competitive advantage lies in its Zero Trust Exchange architecture, which provides a holistic approach to securing users, applications, and data in the cloud. Unlike traditional security solutions that rely on network perimeter defenses, Zscaler’s platform is designed to secure access based on the principles of Zero Trust, where no user or device is trusted by default.

Scalability and Global Reach: Zscaler’s cloud-native architecture allows it to scale rapidly and efficiently, providing seamless security for enterprises of all sizes. With data centers located across the globe, Zscaler ensures low latency and high availability, which is crucial for global enterprises.

Integration and Ecosystem: Zscaler offers robust integrations with leading cloud service providers such as AWS, Microsoft Azure, and Google Cloud Platform. This allows organizations to seamlessly integrate Zscaler’s security solutions into their existing cloud environments, enhancing their overall security posture.

Innovation and R&D: Zscaler continually invests in research and development, staying ahead of emerging threats and ensuring its platform remains at the cutting edge of cybersecurity. The company’s focus on AI and machine learning has enabled it to develop advanced threat detection and response capabilities, further strengthening its competitive position.

Challenges and Market Dynamics

While Zscaler has established itself as a leader in cloud security, it faces several challenges that could impact its market position:

Intense Competition: The cloud security market is highly competitive, with major players continuously innovating and expanding their product offerings. Zscaler must remain agile and responsive to market changes to maintain its competitive edge.

Customer Acquisition and Retention: As the market becomes more crowded, acquiring and retaining customers becomes increasingly challenging. Zscaler’s ability to demonstrate clear ROI and the value of its Zero Trust approach will be crucial in winning and keeping customers.

Regulatory Compliance: As data privacy regulations evolve globally, Zscaler must ensure its solutions comply with regional and international standards. Failure to meet these requirements could result in penalties or loss of business opportunities.

Conclusion

Zscaler Inc. is a formidable player in the cloud security market, with a strong competitive position built on its innovative Zero Trust Exchange architecture. While it faces stiff competition from established cybersecurity companies like Palo Alto Networks, Cisco Systems, and Fortinet, Zscaler’s focus on Zero Trust, scalability, and continuous innovation sets it apart in the industry. However, the company must navigate challenges such as intense competition and regulatory compliance to sustain its growth and market leadership.

#Zscaler Competitors

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ericvanderburg · 1 year ago

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StarLink Signs Distribution Agreement with Zscaler to Enhance Zero Trust Security Solutions

http://i.securitythinkingcap.com/T9SfqQ

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tech-developer · 2 years ago

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Next-Generation VPN Solutions: The New Technologies

Traditional VPNs have been a mainstay of cybersecurity for many years, but they are no longer enough to meet the needs of modern businesses. Next-generation VPN solutions are emerging to address the challenges of today's complex and distributed networks.

These new solutions offer a number of advantages over traditional VPNs, including:

Improved security: Next-gen VPNs use the latest encryption algorithms and authentication protocols to protect data from unauthorized access. They also offer features such as zero-trust security and microsegmentation to further reduce risk.

Increased performance: Next-gen VPNs are designed to be more efficient and scalable than traditional VPNs, so they can handle even the most demanding workloads.

Greater flexibility: Next-gen VPNs are more flexible than traditional VPNs, and can be deployed in a variety of environments, including cloud, on-premises, and hybrid networks.

Some of the key new technologies that are powering next-generation VPN solutions include:

WireGuard: WireGuard is a new VPN protocol that is designed to be faster, simpler, and more secure than traditional VPN protocols such as IPsec and OpenVPN.

Software-defined networking (SDN): SDN allows administrators to programmatically control network traffic, which can be used to create more secure and agile VPN networks.

Zero-trust security: Zero-trust security is a security model that assumes that no user or device can be trusted by default. Next-gen VPNs can implement zero-trust security by only granting access to resources on a need-to-know basis.

Microsegmentation: Microsegmentation is a security technique that divides networks into small segments and isolates traffic between them. Next-gen VPNs can use microsegmentation to reduce the risk of data breaches and malware infections.

Next-generation VPN solutions are still in their early stages of development, but they are rapidly gaining popularity as businesses seek more secure and reliable ways to connect their remote workers and devices.

Here are some examples of next-generation VPN solutions:

Cloudflare Access: Cloudflare Access is a zero-trust security solution that provides secure access to applications and resources for remote workers and devices. It uses a variety of technologies, including SDN, microsegmentation, and WireGuard, to deliver high performance and security.

Zscaler Private Access (ZPA): ZPA is another zero-trust security solution that provides secure access to applications and resources. It uses a cloud-based architecture to deliver high performance and scalability.

Palo Alto Networks Prisma Access: Prisma Access is a next-generation VPN solution that provides secure access to applications and resources in the cloud, on-premises, and hybrid networks. It uses a variety of technologies, including SDN, microsegmentation, and zero-trust security, to deliver high performance and security.

These are just a few examples of the many next-generation VPN solutions that are available. As the technology continues to develop, we can expect to see even more innovative and secure solutions emerge.

#VPN solution #next-gen VPNS #VPN protocol

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rameshjhinkya · 2 years ago

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IPOs in 2023: Which Companies Are Making Waves?

As 2023 unfolds, the Indian stock market is excited as some of the country's most promising companies gear up for their Initial Public Offerings (IPOs). These upcoming IPOs have captured the attention of investors and enthusiasts alike, as they hold the potential to reshape industries, drive economic growth, and create substantial wealth. This article explores a few of the most-anticipated IPOs expected to make waves in India's financial landscape.

Amazon Web Services

A division of Amazon, Inc.,a global cloud computing giant, offers various platforms and APIs for governments, private companies, and individuals. In February 2023, AWS partnered with the Professional Services Council to help Ukraine migrate private and public sector information.

IBM

IBM, a IBM Cloud offers consulting services in nanotechnology, mainframe computers, and artificial intelligence, and recently hosted webinars for federal agencies.

Salesforce

Salesforce, a leading CRM and cloud-based software provider, revolutionizes customer interactions with its user-friendly interface and robust capabilities. Expanding product offerings in 2023, the company strengthens its position in the cloud computing market.

Oracle

Oracle, a global technology company, focuses on database software, cloud engineering systems, and enterprise software products, offering innovative solutions for businesses across industries in 2023.

SAP SE

SAP SE is a German software corporation known for ERP software solutions, offering cloud-based tools for financial management, human resources, procurement, and customer engagement.

Capgemini Government Solutions

Capgemini Government Solutions, a subsidiary of Capgemini, focuses on IT solutions and consulting for government agencies, contributing significantly to digital transformation initiatives in 2023.

CyrusOne

CyrusOne is a leading data centre solutions provider, offering colocation services to businesses of all sizes. The company's state-of-the-art data centres provide a secure and reliable data storage and processing infrastructure. In 2023, CyrusOne's continuous expansion of its data centre footprint positions it as a prominent player in the data centre industry.

Microsoft

Microsoft dominates the cloud computing market with its software products and Azure, offering computing, storage, databases, AI, and a vast customer base.

Red Hat

Red Hat, now part of IBM, is a leading open source software provider with Red Hat Enterprise Linux, promoting innovation and agility in cloud computing.

Caveonix

Caveonix, a cybersecurity company, offers cloud-native risk management and compliance solutions, focusing on protecting cloud-based assets from cyber threats in 2023.y.

Zscaler

Zscaler, a cloud security company, offers secure access to applications and data globally, utilizing robust zero-trust architecture for interconnected operations.

Cyxtera Federal Group

Cyxtera Federal Group provides government agencies and enterprises with secure infrastructure and cybersecurity solutions. Its data centres and cybersecurity services safeguard critical information and operations. In 2023, the company will continue to contribute to protecting sensitive data and government assets.

Changes

Changeis provides consulting and advisory services for government agencies and commercial clients, focusing on management, IT strategy, and digital transformation.

Conclusion

2023 presents a dynamic tech and cloud computing landscape, with top 10 companies shaping the future. Investors should monitor these companies for long-term growth opportunities, but research, consult financial advisors, and align investments with risk tolerance and goals for a successful journey.

IPOs in 2023: Which Companies Are Making Waves?

Amazon Web Services

IBM

IBM, a IBM Cloud offers consulting services in nanotechnology, mainframe computers, and artificial intelligence, and recently hosted webinars for federal agencies.

Salesforce

Oracle

Oracle, a global technology company, focuses on database software, cloud engineering systems, and enterprise software products, offering innovative solutions for businesses across industries in 2023.

SAP SE

SAP SE is a German software corporation known for ERP software solutions, offering cloud-based tools for financial management, human resources, procurement, and customer engagement.

Capgemini Government Solutions

Capgemini Government Solutions, a subsidiary of Capgemini, focuses on IT solutions and consulting for government agencies, contributing significantly to digital transformation initiatives in 2023.

CyrusOne

Microsoft

Microsoft dominates the cloud computing market with its software products and Azure, offering computing, storage, databases, AI, and a vast customer base.

Red Hat

Red Hat, now part of IBM, is a leading open source software provider with Red Hat Enterprise Linux, promoting innovation and agility in cloud computing.

Caveonix

Caveonix, a cybersecurity company, offers cloud-native risk management and compliance solutions, focusing on protecting cloud-based assets from cyber threats in 2023.y.

Zscaler

Zscaler, a cloud security company, offers secure access to applications and data globally, utilizing robust zero-trust architecture for interconnected operations.

Cyxtera Federal Group

Changes

Changeis provides consulting and advisory services for government agencies and commercial clients, focusing on management, IT strategy, and digital transformation.

Conclusion

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doeroneforall · 2 years ago

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Revolutionizing Cybersecurity with Zscaler and Empowering the Digital World

Jay Chaudhry: Empowering The Digital World With Zscaler's Cybersecurity Revolution and Transforming the Way Organizations Safeguard Their Digital Assets. In the rapidly evolving digital landscape, Jay Chaudhry emerges as a visionary leader and the driving force behind Zscaler's groundbreaking cybersecurity solutions.

With his innovative approach and relentless pursuit of excellence, Chaudhry has revolutionized how organizations protect their digital assets from ever-evolving threats. Zscaler, under Chaudhry's leadership, has pioneered the concept of zero trust security, shifting the paradigm from traditional perimeter-based defenses to a cloud-native, zero trust architecture.

This revolutionary approach enables organizations to secure their networks and applications while ensuring seamless connectivity and user experience. Chaudhry's visionary thinking has been instrumental in shaping Zscaler's comprehensive suite of security solutions, including secure web gateways, cloud security, and advanced threat protection.

These solutions empower organizations to embrace digital transformation without compromising security. Recognizing the need for scalable and agile security, Chaudhry spearheaded the development of the Zscaler cloud platform, which leverages the power of cloud computing to provide robust security capabilities on a global scale.

This cloud-native architecture eliminates the need for on-premises hardware and allows organizations to scale their security infrastructure dynamically. Under Chaudhry's guidance, Zscaler has garnered recognition as a leader in the cybersecurity industry. The company's innovative approach, combined with Chaudhry's relentless focus on customer success, has earned the trust of numerous organizations worldwide, ranging from small businesses to Fortune 500 enterprises.

Beyond his contributions to Zscaler, Chaudhry is a prominent figure in the cybersecurity community, advocating for improved security practices and raising awareness about the evolving threat landscape. His thought leadership and industry expertise have positioned him as a sought-after speaker and advisor in the field.

Jay Chaudhry's mission to empower the digital world with Zscaler's cybersecurity revolution continues to redefine how organizations protect their critical assets in an increasingly interconnected world. Through his visionary leadership, Chaudhry is driving a new era of cybersecurity, enabling organizations to embrace digital transformation with confidence and peace of mind.

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transformhubb · 3 years ago

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Useful Cloud Security Tools for Your Business

Large-scale storage in fictitious data centres, known as clouds, is one of the many advantages of the unquestionably rapidly expanding field of cloud computing.

While cloud storage is renowned for its performance and availability, companies need also to include security safeguards to make sure that their data is protected from criminal activities.

Finding the right cloud security technologies to meet your company's needs can be challenging though, given the wide range of cloud security alternatives available.

To allay your worries, we've put up a top tools list of cloud security solutions that promise outstanding security and dependability.

Web application firewall (WAF), monitoring misconfigurations, APIs, access control, user authentication, automation, and identity access management are among the core features that the majority of cloud security software provides.

Read also: Big Trends in Cloud-Enabled Network Evolution

We've listed some of the greatest technologies currently available to protect your system against dangerous hackers, data breaches, and costly fines.

Let's begin!

Zscaler

Zscaler is among the top cloud security products available, as evidenced by its extensive track record, multiple endorsements, case studies, and collection of glowing reviews.

Over 450 of the Forbes Global 2000 are now served by it.

It provides four pieces of software that when used together, implement the Zero Trust Exchange architecture that most businesses currently require.

Here are the four parts:

Zscaler Internet Access (ZIA)

Zscaler Private Access (ZPA)

Zscaler Digital Experience (ZDX)

Zscaler Cloud Protection (ZCP)

Zscaler's service is available as a package deal or as a standalone subscription.

Each service provides protection to various parts of your corporate network, but their secure web gateway is their area of expertise, placing them in Gartner's Magic Quadrant for 10 years running.

The company's most well-known product, ZIA, secures the connection between your employees and the SaaS services they use while also defending the network of your business.

Orca Security

For cloud service providers like Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure, Orca Security is a workload-level security solution.

Orca Security, which was established in California in 2019, soon won the confidence of industry titans including Sisense, Payoneer, and Databricks. With its most recent Series C fundraising round, which was completed at $210 million, the firm achieved unicorn status in May 2021 and is still among the largest cloud security providers today.

The rapid, agentless deployment of Orca security on your cloud-based system gives you a more in-depth understanding of your vulnerabilities from day one, which is what makes it so unique.

Agent-based security systems need the installation of software agents into your current server instances, as the name would imply. Although theoretically sound, this strategy isn't particularly appropriate for serverless or container-based cloud apps, which have become more popular over the past decade.

The context-based security alerts offered by Orca is a favourite among users. Orca's context engine enables it to prioritize the alarms that are most important for system protection and depict dangers in context.

Qualys

Another name you hear a lot in the cybersecurity industry is Qualys, which was founded in 1999. The bulk of the Forbes Global 100 companies, including Microsoft, IBM Security, and Cisco, are among its clients.

The tiny yet potent Qualys Agent, which gives you global visibility over your security posture and vulnerabilities across every endpoint, server, data center, and device you have, is what makes Qualys' clients swoon.

Deployment to cloud service providers like AWS, Microsoft Azure, GCP, and Oracle Cloud Infrastructure is also included in this. You can rapidly access and spot vulnerabilities, thanks to the agents' real-time monitoring of all your cloud assets and continuous reporting to the Qualys Cloud Platform.

A complete solution for cloud-based businesses, the cloud protection platform consists of vulnerability screening, compliance monitoring, and cloud workload protection.

Automating compliance and risk management for regulatory requirements like HIPAA, GDPR, or PCI compliance is done through compliance monitoring.

You can monitor and control the security of your cloud resources, assets, risks, and vulnerabilities using one dashboard when the Qualys Agent and Qualys Cloud Platform are combined.

Read Also: How to Grow Your Business to The Next Level with Cloud Solutions?

VIPRE

VIPRE is a comprehensive endpoint security solution that provides security for both, commercial and residential users.

For over 25 years, VIPRE has worked to continually enhance itself and is one of the most dependable security products available.

VIPRE provides you with everything you need to safeguard your business from malware and data leaks with cutting-edge technology, successful training programs, and user-friendly solutions.

VIPRE's products are designed to aid in your protection against certain dangers. Endpoint security, security awareness training, and data loss prevention are some of their characteristics.

There are three possibilities available to you: Its most complete offering, Complete defense, which protects you against both internal and external hazards.

Its three defenses are Core defense (which shields you from exterior threats), Edge defense (which shields you from internal risks), and Complete defense.

McAfee

Another endpoint security program now available is McAfee. Its comprehensive cloud-native security solution, MCVISION, safeguards your system across networks, devices, cloud environments, and on-premises.

MVISION Unified Cloud Edge (UCE) and MVISION Cloud-Native Application Protection Platform are the two products it currently offers.

The Secure Access Service Edge (SASE) platform known as MVISION UCE is in charge of protecting the link between your internal system, including remote users, headquarters, scattered offices, and external applications.

Essential features including a secure online gateway, data loss protection, and remote browser isolation are included in the MVISION UCE.

MVISION CNAPP is a complete cloud security solution that safeguards your cloud-native app, as its name implies. With this solution, your workload, public cloud infrastructure, and app data are all protected and under your control.

The cloud access security broker (CASB) functionality is the only aspect of these packages that is the same. The 2018 acquisition of SkyHigh Networks by McAfee made it possible to implement the CASB capability. When using cloud services like SaaS, IaaS, and PaaS, customers must be able to govern their cloud data across platforms, which is made possible by this feature. This gives your users more freedom while maintaining the ease of cloud computing.

Choosing a cloud security tool

We can all agree that the optimal solution would be one that covered the complete system from end to end, even if maintaining the security of a cloud computing architecture may be done by utilizing several programs to take care of endpoints, servers, and networks.

Read Also: How to Build a Successful Cloud Strategy for Your Company?

In light of this, you must choose the cloud security product that is most appropriate for your company's requirements.

Get in touch with TransformHub, the best Digital Transformation Company right away for comprehensive advice on the subject.

#fintech #insurtech #cloud #digital transformation #devops

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don-lichterman · 3 years ago

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AWS and Zscaler expand relationship to help companies move to the cloud securely

Zscaler has extended its relationship with Amazon Web Services (AWS), a preferred cloud provider. In addition, Zscaler announced innovations built on Zscaler’s Zero Trust architecture and AWS to help enterprises securely accelerate their transition to the cloud. Working together, the companies will deliver customers a unified solution to consolidate and simplify cloud security operations while…

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maheshs7793 · 4 years ago

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What COVID-19 Impacted on Zero Trust Security in Semiconductors & Electronics Industry ?

Impact of COVID-19 on Zero Trust Security in Semiconductors and Electronics Industry

With the rising cases of COVID-19 every day apparently states that we will be dealing with the COVID-19 pandemic for a while. This means that work from home has become a permanent solution to fulfil each and every professional requirements without commuting from the office site. Over the past few months in this COVID-19 scenario, enormous disruption has been faced in the work environment amongst circulated workforce and scattered schedules. This has made every organization to modernise and adopt high security models. As per our estimation, almost 90% of the companies have adopted work from home policy in which poor infrastructure or technology is considered to be the biggest loophole for working remotely. Moreover, many organizations were not prepared for the transformation into the cloud which made the IT security team to struggle while configuring network perimeters in order to access remotely. At the same moment, tech savvy hackers found this as an opportunity by targeting the government employees with fraudulent practices and attacks.

For instance,

· In April 2020, World Health Organization (WHO) has stated regarding the fivefold increase in the cyber-attacks. Thus, for an effective workflow, Zero Trust has been adopted to resolve the legacy security practices. Zero Trust security model permits the employees to access the applications via secure web-based gateway. It applies the least privilege ideologies and supports device security checks and multi-factor authentication. As compared to VPN, this solution can integrate with various single sign-on (SSO) platforms easily and is very affordable and scalable.

Thus, this model provides more scalability towards privileged access management infrastructure for network resource management. Implementation of the Zero Trust comprise of policy-based adaptive access, automation, intelligence and AI, strong authentication, data classification and protection.

IMPACT ON DEMAND AND SUPPLY CHAIN

COVID-19 has brought in a diverse change in trend of various industries and markets which now has resulted into work from home policy. Moreover, increase in the utilization of disrupting malware against critical infrastructure and COVID-19 based scam has widened the necessity of secured network. The U.S. Department of Homeland Security (DHS), United Kingdom’s National Cyber Security Centre (NCSC) and Cybersecurity and Infrastructure Security Agency (CISA) have alerted regarding the malicious activity.

For instance,

· About 18 million COVID-19-related malware and phishing google mails activity took place every day in April 2020 as stated by Google’s Threat Analysis Group (TAG).

· Cybercriminals have demanded ransom payment of USD 111,605.00 (increase up to 33% in first quarter of 2020). Phishing attempts have also exploded with Google’s Threat Analysis Group (TAG) noting 18 million COVID-19-related phishing and malware Gmail messages each day in April.

Development concerning the new normal of hybrid workplaces has led the organization to take business continuity measures and to direct the rising needs which can restore and enhance the level of productivity in the long term. This later ensures precise technological tools and infrastructure for its every employee along with advanced cyber hygiene controls. Increasing adoption of highly integrated Zero Trust solution mainly where remote access has become a necessity will allow every company to step upwards a higher security level.

According to CISA, the companies utilizing VPN results into data breach due to lack of patching and implementation of multi-factor authentication for accessing accounts remotely. The fear of susceptibility has forced varied companies to invest towards updated technologies which can boost the security level of distributed workforce while IT team have adapted a landscape of rapidly evolving threat. This in result has led to the mass adoption of Zero Trust solution and is currently grabbing the headlines as a new way of working. According to Okta, from 2019-2020, North American organizations has initiated to establish Zero Trust model in next 12 to 18 months which increases to 75% year-on-year from 60%.

STRATEGIC ADOPTION BY MANUFACTURERS OR STEPS TAKEN FOR ZERO TRUST

During the COVID-19 pandeamic, many companies provided their services either free or on extended trial tenure to its customers for testing Zero Trust security solutions.

For instance,

· Cisco offers free Duo Security Zero Trust and MFA platform to its new customers.

· Akamai provided its solution named Enterprise Application Access (EAA) as part of its Business Continuity Assistance Program with an extension trial of 60 days.

Adding to this, several companies have entered into different strategic decisions for offering the Zero Trust solution in order to enhance its revenue and to maximize its customer base.

For instance,

· In March 2021, Zscaler, Inc. and CrowdStrike Holdings, Inc. integrated for delivering end-to-end security protection solution from the endpoint to the application. Thus, this integration will enhance the security for joint customers by offering data-centric and identity-centric approach of zero trust which incorporates network, data, workload and device.

· In March 2021, McAfee entered into partnership with Appgate, Axis Security and TransientX for zero trust network access (ZTNA) which will help the organization to improve and develop security strategies with risk minimization along with less or no complexity.

CONCLUSION

Zero Trust security solution is the groundwork of a future-ready workforce. As employees continued to do work from home for predictable future, this approach will address the current distributed environment in a better way and surely will prove as a critical aspect for both secured and operational access. Efficient security is basically dependent on the method for managing the dependencies between the users, technology and processes by each organization. In the post COVID-19 scenario, the chances of focusing more on budget and investment regarding the Zero Trust security solution will be witnessed by the Chief Information Security Officer (CISO) due to the growing cyber security risk in order to adapt to a new normal.

#COVID-19 Impact Zero Trust Security #COVID-19 Impact on Price #COVID-19 Impact on Supply #COVID-19 Impact on Zero Trust Security Market #Zero Trust Security Market COVID-19 Impact

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cybersecurityict · 1 month ago

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Software Defined Perimeter Market Size, Share, Analysis, Forecast, Growth 2032: Demand Trends Across Key Sectors

Software Defined Perimeter Market was valued at USD 7.0 billion in 2023 and is expected to reach USD 56.9 Billion by 2032, growing at a CAGR of 26.19% from 2024-2032.

The Software Defined Perimeter (SDP) market is rapidly emerging as a pivotal technology in reshaping modern cybersecurity frameworks. By eliminating traditional perimeter-based defenses and implementing a dynamic, identity-driven access model, SDP offers unmatched protection against sophisticated threats. This innovative approach enables organizations to reduce attack surfaces, secure remote access, and safeguard cloud infrastructure with greater agility and precision. As cyber threats evolve in complexity, enterprises are increasingly adopting SDP solutions to enhance control, visibility, and trust across distributed IT environments.

Software Defined Perimeter Market hyper-connected digital ecosystem, the Software Defined Perimeter market stands at the forefront of a new era in cybersecurity. Organizations across industries are turning to SDP to enforce strict access control by verifying users and devices before granting access to critical resources. With zero-trust models becoming the gold standard, SDP solutions are no longer optional but essential tools in every cybersecurity strategy. The paradigm shift from legacy systems to software-defined, cloud-centric infrastructure continues to drive the relevance and growth of the SDP market.

Get Sample Copy of This Report: https://www.snsinsider.com/sample-request/3700

Market Keyplayers:

Cisco Systems, Inc. - Cisco

Check Point Software Technologies Ltd. - Check Point

Palo Alto Networks, Inc. - Palo Alto Networks

Akamai Technologies, Inc. - Akamai

Zscaler, Inc. - Zscaler

Broadcom Inc. (Symantec Corporation) - Broadcom

Fortinet, Inc. - Fortinet

Juniper Networks, Inc. - Juniper Networks

IBM Corporation - IBM

Cloudflare, Inc. - Cloudflare

Google LLC (BeyondCorp) - Google

Microsoft Corporation (Azure AD Conditional Access) - Microsoft

Intel Corporation - Intel

Okta, Inc. - Okta

Forcepoint LLC - Forcepoint

Unisys Corporation - Unisys

AppGate, Inc. - AppGate

F5 Networks, Inc. - F5

Perimeter 81 - Perimeter 81

Centrify Corporation (now Delinea) - Delinea

Market Analysis The SDP market is experiencing significant momentum fueled by increased adoption of cloud services, remote work models, and the growing frequency of cyberattacks. Companies are prioritizing agile security frameworks capable of adapting to dynamic IT landscapes. SDP meets these needs by enabling micro-segmentation, invisible infrastructure, and continuous user verification. As a result, the market is witnessing participation from both established cybersecurity vendors and emerging tech innovators, intensifying competition and fostering technological advancements.

Market Trends

Rise in demand for zero-trust network access (ZTNA)

Growing integration of SDP with identity and access management (IAM) platforms

Expansion of SDP applications across hybrid and multi-cloud environments

Increasing use of AI and machine learning for adaptive security controls

Surge in adoption by small and medium-sized enterprises (SMEs) for cost-effective security

Market Scope The scope of the Software Defined Perimeter market extends across a wide range of industries including finance, healthcare, IT, manufacturing, and government sectors. Its flexibility and scalability allow for tailored implementations, whether for securing IoT ecosystems, protecting remote users, or ensuring compliance in regulated sectors. As enterprises shift toward decentralized operations and virtual infrastructures, SDP solutions are proving critical in enabling secure digital transformation strategies globally.

Market Forecast The future outlook for the SDP market remains highly promising, marked by rapid innovation and broader market penetration. Adoption is expected to expand as businesses become more aware of the limitations of perimeter-based security and recognize the value of software-defined access controls. Continued investments in research and development are anticipated to enhance solution capabilities, reduce deployment complexities, and streamline integration with existing systems. As digital ecosystems grow more complex, SDP is set to play a foundational role in securing the modern enterprise.

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Conclusion As cyber threats become more advanced and traditional defenses falter, the Software Defined Perimeter market offers a bold new approach to security—one that is resilient, flexible, and built for the future. Its rise signals a strategic pivot in how organizations think about trust, access, and protection. For stakeholders looking to future-proof their digital infrastructure, investing in SDP is not just a security measure—it's a transformative move toward smarter, safer operations in the digital age.

About Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

#Software Defined Perimeter Market #Software Defined Perimeter Market Scope #Software Defined Perimeter Market Growth #Software Defined Perimeter Market Trends

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differenttimemachinecrusade · 3 months ago

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Cloud Security Market Developments: Industry Insights and Growth Forecast 2032

Cloud Security Market was valued at USD 36.9 billion in 2023 and is expected to reach USD 112.4 Billion by 2032, growing at a CAGR of 13.20% from 2024-2032.

Cloud Security Market is experiencing unprecedented growth as businesses worldwide move their operations to the cloud. With the rise in cyber threats and data breaches, organizations are prioritizing security solutions to protect sensitive information. The demand for advanced security frameworks and compliance-driven solutions is accelerating market expansion.

Cloud Security Market continues to evolve as enterprises adopt multi-cloud and hybrid cloud environments. Companies are investing in AI-driven threat detection, zero-trust security models, and encryption technologies to safeguard data. As cyber risks grow, cloud security remains a top priority for businesses, governments, and cloud service providers alike.

Get Sample Copy of This Report: https://www.snsinsider.com/sample-request/3796

Market Keyplayers:

Amazon Web Services (AWS) - AWS Shield

Microsoft - Microsoft Defender for Cloud

Google Cloud Platform - Google Cloud Armor

IBM - IBM Cloud Security

Palo Alto Networks - Prisma Cloud

Cisco - Cisco Cloudlock

Check Point Software Technologies - CloudGuard

Fortinet - FortiGate Cloud

McAfee - McAfee MVISION Cloud

NortonLifeLock - Norton Cloud Backup

Zscaler - Zscaler Internet Access

CrowdStrike - CrowdStrike Falcon

Cloudflare - Cloudflare Security Solutions

Splunk - Splunk Cloud

Proofpoint - Proofpoint Email Protection

Trend Micro - Trend Micro Cloud One

SonicWall - SonicWall Cloud App Security

CyberArk - CyberArk Cloud Entitlement Manager

Barracuda Networks - Barracuda Cloud Security Guardian

Qualys - Qualys Cloud Platform

Market Trends Driving Growth

1. Rise of Zero-Trust Security Models

Organizations are implementing zero-trust frameworks to ensure strict authentication and access control, reducing the risk of unauthorized access.

2. AI and Machine Learning in Threat Detection

Cloud security providers are integrating AI-driven analytics to detect, predict, and prevent cyber threats in real-time.

3. Compliance and Regulatory Requirements

Stringent data protection laws, such as GDPR and CCPA, are pushing businesses to adopt cloud security solutions for compliance.

4. Increasing Multi-Cloud Adoption

Companies are using multiple cloud providers, necessitating advanced security solutions to manage risks across different cloud environments.

Enquiry of This Report: https://www.snsinsider.com/enquiry/3796

Market Segmentation:

By Component

Solution

Cloud Access Security Broker (CASB)

Cloud Detection and Response (CDR)

Cloud Security Posture Management (CSPM)

Cloud Infrastructure Entitlement Management (CIEM)

Cloud Workload Protection Platform (CWPP)

Services

Professional Services

Managed Services

By Deployment

Private

Hybrid

Public

By Organization Size

Large Enterprises

Small & Medium Enterprises

By End - Use

BFSI

Retail & E-commerce

IT & Telecom

Healthcare

Manufacturing

Government

Aerospace & Defense

Energy & Utilities

Transportation & Logistics

Market Analysis and Current Landscape

Rising Cybersecurity Threats: Growing cyberattacks, ransomware incidents, and data breaches are driving the need for robust cloud security solutions.

Adoption of Cloud-Based Applications: As enterprises migrate to cloud platforms like AWS, Azure, and Google Cloud, demand for security services is increasing.

Expansion of IoT and Edge Computing: The rise in connected devices is creating new vulnerabilities, requiring enhanced cloud security measures.

Government Investments in Cybersecurity: Public sector organizations are strengthening their cloud security frameworks to protect critical infrastructure and citizen data.

Despite this rapid growth, challenges such as complex security architectures, lack of skilled professionals, and evolving attack strategies persist. However, innovations in AI-driven security solutions and automated threat management are helping businesses address these concerns.

Future Prospects: What Lies Ahead?

1. Growth in Security-as-a-Service (SECaaS)

Cloud-based security services will become the norm, offering scalable and cost-effective protection for businesses of all sizes.

2. Advanced Threat Intelligence Solutions

Organizations will increasingly rely on AI-powered threat intelligence to stay ahead of cybercriminals and mitigate risks proactively.

3. Expansion of Quantum-Safe Security

With the advancement of quantum computing, encryption technologies will evolve to ensure data remains secure against future cyber threats.

4. Integration of Cloud Security with DevSecOps

Security will be embedded into cloud application development, ensuring vulnerabilities are addressed at every stage of the software lifecycle.

Access Complete Report: https://www.snsinsider.com/reports/cloud-security-market-3796

Conclusion

The Cloud Security Market is poised for exponential growth as digital transformation accelerates. Companies must invest in cutting-edge security frameworks to protect their data, applications, and infrastructure. As cyber threats become more sophisticated, cloud security will continue to be a critical pillar of business resilience, driving innovation and shaping the future of cybersecurity.

About Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

#Cloud Security Market #Cloud Security Market Scope #Cloud Security Market Growth #Cloud Security Market Trends

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ericvanderburg · 1 year ago

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Zscaler unveils Zero Trust SASE solution for simplified security implementation

http://securitytc.com/T1mGJ0

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perfectirishgifts · 5 years ago

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Q3 Earnings: Zoom Video, Okta, Snowflake, Crowdstrike And Elastic

New Post has been published on https://perfectirishgifts.com/q3-earnings-zoom-video-okta-snowflake-crowdstrike-and-elastic/

Q3 Earnings: Zoom Video, Okta, Snowflake, Crowdstrike And Elastic

Double exposure the Chicago cityscape and clouds technology,Futuristic computer digital Abstract … [] background

In this analysis, we review the recent earnings reports from Zoom Video, Okta, Snowflake, Crowdstrike, ZScaler and Elastic.

Zoom Video Q3 Earnings

Zoom Video provided a nearly flawless earnings report for the first full quarter that followed initial work-from-home orders. The company reported lower-than-expected churn and market-leading growth on both an annual and quarterly basis. Notably, margins were thinner on both a YoY and QoQ basis due to free accounts. Regardless, it’s hard to find fault with Zoom Video’s current level of profitability in relation to other tech growth stocks (outlined below).

Strong forward guidance also provides a glimpse into Zoom’s traction as the company expects revenue growth to continue at a similar rate year-over-year and also quarter-over-quarter. Revenue grew 367% in Q3 with customers that have more than 10 employees growing 485% year-over-year.

Quarterly revenue is at $777 million or a $3 billion run rate – or 500% growth from FY2019 revenue. Quarterly revenue beat the top-end of guidance at $690 million with the company reporting “lower-than-expected” churn. Customers generating more than $100,000 in trailing 12-months revenue grew 136% year-over-year for an increase of more than 300 customers compared to Q2.

The blend of Zoom Video having virality across consumers from its freemium model combined with enterprise is the company’s strength strategically as the competitors do not have the virality component. In Q3, customers with more than 10 employees represented 62% of revenue with net dollar expansion rate of 130%. Globally, Zoom exhibits strong growth, as well, with revenue from APAC and EMEA growing 629% year-over-year.

Gross margins were a weakness in the report at 68.2% compared to 82.9% last year and 72.3% last quarter. The company is providing the service for free to many users including K-12 schools during the pandemic. From my perspective, the temporary margin hit in exchange for virality and establishing consumer behavior is a good trade-off.

Adjusted operating margins improved year-over-year but were slightly down quarter-over-quarter at 37.4%. Adjusted EPS was $0.99 which exceeded guidance by $0.25. RPO totaled $1.6 billion, up 215%, from $517 million year-over-year which is a strong sign the growth will continue. The company ended Q3 with $1.9 billion in cash (nearly unheard of for a tech growth company at this stage).

Guidance for the next quarter is in the range of $806 million to $811 million with adjusted earnings of $0.77 to $0.79 EPS. Fiscal year guidance is for revenue of $2.57 billion to $2.58 billion, representing 314% year-over-year growth (currently company is in Fiscal Year Q3 2021 and the fiscal year ends next quarter). The adjusted operating income for FY2021 is forecast to be $865 million to $870 million for nearly 900% growth and equal to $2.85 to $2.87 EPS.

The Gartner report that Zoom Video references can be found here. The bigger revelation is not that Zoom Video is listed as a leader but that Gartner forecasts only 25% of enterprise meetings will take place in-person compared to 60% today. The analyst firm also predicts that 74% of companies plan to shift to more remote work — (keyword here is more – not entirely shift)

The interesting piece about the chart above is that Zoom Video leads enterprise players Microsoft and Cisco but is also in a wide lead for consumer. The consumer traction may be Zoom’s biggest tailwind as consumer behavior will be hard for a competitor to change.

The strengths that Gartner sees include zoom’s user-centric design, service reliability and flexible consumption model. Zoom is also moving into verticals, such as healthcare and financial services, to add to its popularity in education.

The primary risk for Zoom Video is security. As I’ve stated a few times, it’s common for an enterprise to not offer end-to-end encryption as the employer prefers to access the data on their employees. In response to the criticism, Zoom Video offers end-to-end encryption for accounts with more than 200 users.

In another Gartner report for Unified Communications-as-a-Service, Zoom appears for the first time due to the recent launch of Zoom Phone and receives a leadership position with its first mention in the UCaaS report. That’s a significant entry. Zoom Video offers Zoom Phone at no additional charge and has secured a partnership with ServiceNow. The company is also partnered with Pinterest on hobbyist classes. Despite the Zoom Phone service being relatively new, it offers a 99.999% availability SLA target.

Visionary CEOs tend to better than competitors who lag because they have a vision for what the space will need next. We see many products rolling out of Zoom that challenge the way video conferencing is done today. As pointed out in the earnings call, Rakuten has partnered with Zoom for the broader UCaaS offering of Rooms and Phone. This is a leader in internet services with 1.4 billion members globally.

OnZoom is a product in beta that will help creators monetize fitness classes, concerts and music lessons. There is also an event discovery feature. Recently, Pinterest has announced a partnership to help creators on their platform reach a larger audience with Zoom.

Analysts on the recent earnings call seemed especially excited about Zoom’s ability to sell into the Global 2K with international expansion being a large focus. From Rakuten’s recent partnership, plus Lumen/Centurylink and Deutsche Telecom, these larger partnerships with tech providers are my favorite catalyst moving into next year. Essentially, they see Zoom as the best product available (and least threatening) to integrate for unified communications and voice. This is the best evidence that Zoom Video is not a fleeting pandemic stock as large telecommunications providers shift towards cloud.

Zoom Rooms is a software-defined video conferencing system. Eric Yuan is likely tapping into his experience at Cisco as this will be one of the main competitors he takes on with this move to eradicate conference hardware.

The software-defined solution also extends to kiosks for virtual receptionists, will allow for voice control including an Alexa integration and advanced AWS console. The Smart Gallery will use AI to create a gallery-view of participants for hybrid workforces to where the viewpoint of the camera creates the best imaging possible and other whiteboard features are coming in 2021.

Okta

According to most standards, Okta’s earnings report was solid and resulted in an uptick in the stock price. However, the growth has been flat for most of this year.

Revenue rose 42% to $217.4 million ahead of estimates for $202.7 million. Bookings (remaining performance obligations) are growing faster than revenue at 53% to $1.58 billion. Calculated billings were up 44% year-over-year. This was a re-acceleration of calculated billings from the previous quarters in FY2021 where the pandemic weighed on budgets.

The company is profitable on an adjusted basis with EPS of $0.04 and free cash flow of $41.6 million, up from $9 million a year ago. Highlights include a growing number of customers in the financial services sector and government.

The guidance was conservative at $221 million to $222 million, representing a growth rate of 32% to 33% year-over-year. The company is also guiding for an adjusted loss of $0.02 to $0.01 EPS. The fiscal year 2021 offered stronger guidance of 40% growth year-over-year for $822 million in revenue with adjusted EPS of $0.04 to $0.05.

According to the investors deck, the company has a combined addressable market of $55 billion across Workforce Identity and Customer Identity. The contribution margins at 70% for fiscal 2017 cohort analysis on page 14 was impressive. The net retention rate is 123% with adjusted gross margins of 78% and adjusted operating margins of 2.5% and free cash flow margins of 19%. The net retention rate saw a re-acceleration to its highest level in two years. Typical NRR is in the 119-121% range. Free cash flow margin was also its highest in two years.

Total customer count was up 27% and annual contract value was up 34%. The current outlook for the company is 30-35% CAGR through FY 2024 and free cash flow margins in FY 2024 of 20-25%. The total number of $100,000 plus customers stands at 1780, an increase of 34%. The base of customers with annual contract value of greater than $500,000 grew 50%.

Okta’s management pointed to three trends in driving business: Cloud and Hybrid IT, Digital Transformation and Zero Trust security. There is a partnership across Proofpoint, Netskope and CrowdStrike which is classified as a deep product integration for an enhanced product stack.

Okta was also recently introduced to the AWS marketplace and is the only identity vendor in the products for Control Tower, which allows for the management of more complicated AWS environments.

Notably, Okta was given a lower-ranking spot in the leader category of the 2020 Gartner Magic Quadrant for Identity and Access Management. One could argue too much attention is given to Gartner at times as Okta has been through a challenging and anomalous year. However, it should be noted that Okta was in a wide lead on the leader quadrant for 2019 and has been bumped down to equal standing with Microsoft and Ping Identity.

Snowflake

Snowflake grew 119% year-over-year to $159.6 million with remaining performance obligations of $927.9 million, or 240% year-over-year growth. Product revenue grew 115% year-over-year. The net revenue retention rate of 162% is impressive although other companies have exceeded this in their 6th year (Snowflake was founded in 2012 but was in stealth mode until 2014 when it began to work with customers).

Gross margins are between 58% to 63%, which it’s normal for a cloud company to be lower than a SaaS company on margins. However, operating margins were negative (30%) with FCF margins of negative (23%). Probably the biggest issue that Snowflake faces are the sales and marketing costs. In the previous two quarters, they were near or exceeded total revenue and in this quarter they were about 90% of revenue at $134 million compared to the $159 million in revenue.

The issue here is the rapid growth is being paid for in sales and marketing dollars and could slow when the bottom line becomes prioritized. Growth marketing tactics like this can often skew the true growth rate of a company at the expense of the bottom line. When equilibrium is sought, the top line suffers (or the alternative is that profitability is a long way off). Oddly enough, the bleeding operating and FCF margins weren’t mentioned by the analysts in the Q&A on the earnings call.

The bigger product announcements on the earnings call include Snowflake expanding from semi-structured to unstructured data (which will be helpful for machine learning), SnowPark which enables users to query in their language of choice (Java, Python, etc). The overarching goal is to consolidate workloads and meet the demand for data governance purposes.

The company issued forward guidance for FY 2021 of revenues between $538 million and $543 million for YoY growth of 113% to 115%. Margin will be decent for adjusted gross at 68% compared to negative (40%) operating margin and negative (18%) adjusted FCF margin.

Snowflake is a strong company. In my opinion, the valuation is a major risk and continues to be considering the high sales and marketing costs that are causing an imbalance between the top line and bottom-line growth. Net retention rate of 169% is impressive although is a consumption model and cannot be compared to SaaS.

CrowdStrike

CrowdStrike beat consensus estimates on both the top and bottom lines and raised Q4 guidance. Revenue grew 86% YoY, representing an 8% beat above Wall Street estimates. Subscription revenue increased 87% YoY while annual recurring revenue advanced 81% compared to a year ago. The company also achieved its most impressive quarter ever in terms of profitability, earning $0.08 per share on the bottom line. This was CrowdStrike’s third consecutive quarter of positive EPS and its highest total yet. Free-cash-flow margin increased to 33% and gross margin improved to 76%.

Here is how CrowdStrike’s FCF margin compared last quarter:

In the quarter, CrowdStrike added 1,186 net new subscription customers, representing growth of 85% YoY. CrowdStrike also continues to drive new module adoption in existing customers, as 44% of the company’s subscription customers have adopted five or more modules versus 39% in the previous quarter. Management guided for $248M in revenue for Q4 (63% YoY), representing a 7% raise above expectations.

This was an impressive quarter for CrowdStrike both in terms of increased usage of existing customers and the addition of new customers. As previously mentioned, CrowdStrike continues to excel in its ability to drive new module adoption with 61% of the company’s customers adopting 4 or more modules versus 52% in the same period a year ago.

In the quarter, CrowdStrike announced the addition of three new modules to the Falcon Platform, covering cloud security posture, dark web threats, and incident response investigations. The Falcon Platform now encompasses 16 modules in total.

CEO George Kurtz highlighted new module adoption as a key to the company’s growth strategy in its Q3 Earnings Call: “I’m pleased to announce that in Q3 we reached a new milestone with 22% of our subscription customers having adopted six or more modules. Driving adoption of our expanding module lineup is a keystone to our growth strategy as it increases the strategic value we provide to customers, which also translates to higher retention rates.”

This quarter indicates CrowdStrike is successfully executing on this growth strategy.

The second key to CrowdStrike’s growth hinges on its ability to add new customers, a metric that increased 85% YoY in Q3. One key customer win in the quarter was signing Target, which displaced Symantec and deployed Falcon completely across its footprint in less than 10 days.

CEO George Kurtz discussed the marquee win in its earnings call: “a win with Target that highlights how our single agent cloud-native architecture, intuitive console, and rapid re-bootless deployment capabilities continue to be significant differentiators for us. Target Corporation was looking to rapidly move away from Symantec and transition to a single agent cloud solution that could be deployed in days, not months or years.”

Zscaler

ZScaler announced Fiscal Q1 2021 results that easily cleared analysts’ expectations. Revenue growth accelerated to 52% YoY, which represents the company’s third consecutive quarter of growth acceleration.

Adjusted billings growth increased 64% YoY, far surpassing the consensus expectation calling for 39% growth. This beat was driven in part by a record quarter of seven-figure deals. The company’s net retention rate of 122% advanced from 120% last quarter and 119% the quarter before. Non-GAAP EPS of $0.14 was 8 cents better than expectations while the company also announced an impressive 30% FCF margin. Non-GAAP operating margin of 14% far exceeds the consensus of 2.9%.

The acceleration in growth coupled with the record quarter of operating profits and free cash flows makes this one of the best quarters ZScaler has announced.

CEO Jay Chaudry discussed the three main factors that allowed his company to outperform this quarter: “One, building on our growing traction with large enterprises. We closed a record number of seven-figure ACV deals… two, our optimized go-to-market engine is driving significant velocity… Last year, we doubled down on our investment in our sales organization. These efforts are also bearing fruit in two big ways. One, our newly hired sales reps are contributing at a faster pace. And two, our sales productivity is higher than a year ago, despite a high percentage of ramping sales reps… Three, the power of our Zero Trust Exchange platform is resonating with CxOs.”

Looking ahead, ZScaler believes that the strong business momentum they have exhibited in the last several quarters will continue. Management raised guidance over 5% for FQ2, now expecting $147M of revenue at the midpoint (45% YoY). Management attributed the strong FQ1 in part to stronger than expected deal activity and expects these trends to continue into the next quarter.

In its FQ1 Earnings Call, CEO Jay Chaudry touted the company’s position amongst a growing opportunity: “I believe in the current challenging environment and in the post-COVID economy, Zscaler will be the go-to-platform for vendor consolidation, cost-saving, increased user productivity, and better cyber protection..”

Elastic

Elastic announced strong FQ2 earnings on 12/2. Total revenue increased 43% YoY, representing an 11% beat above consensus. Total billings grew 42% YoY while SaaS revenue increased 81% versus the same period a year ago. The company’s losses also improved significantly, with non-GAAP EPS of -$0.03 coming in 17 cents better than expected. Non-GAAP operating loss improved to -$1.9 million, representing a -1% operating margin versus -10% projected. Gross margins also came in better than expected with 77% versus a consensus of 75%. FCF margin was -13% for the quarter.

Subscription revenue totaled 93% of Elastic’s total revenue in the quarter, with 45% of total revenue coming from outside the US. Management views this geographical distribution as a strength in the company’s business model. Elastic’s net retention rate ticked down several points from last quarter but still remained modestly above 130%. Elastic now has a total of 12,900 subscription customers with 650 of those (5%) having annual contract values exceeding $100K.

At the start of its fiscal year, Elastic’s management discussed how COVID-19 would likely create headwinds to calculated billings for a couple of quarters and that they would then see gradual improvement beyond that.

In its FQ2 Earnings Call, management confirmed that the first half of fiscal 2021 played out as expected. The company has observed longer sales cycles and many customers are looking to conserve cash as spending patterns have not recovered to pre-COVID levels. Management updates its outlook for the second half of the year, noting that they expect the trends they observed in the last two quarters to continue in the next two: “given the global situation with the pandemic, our current assumption is that the mixed demand environment that we experienced in the first half will continue for the rest of the fiscal year. Previously we were expecting the environment to gradually improve during the second half.” Still, Elastic’s strong execution in the first half of its fiscal year gave management the confidence to increase its guidance for the next quarter. Management raised guidance 4% for FQ3, now expecting $146M of revenue (29%). However, the company expects EPS to decline to -$0.15 on a -7% operating margin for FQ3.

Elastic’s management ultimately expects the demand environment to return to pre-COVID levels in fiscal 2022, which would align with the summer of 2021. While the company is certainly facing some headwinds due to the pandemic, the digital transformation has provided tailwinds that have allowed growth to remain strong. Management expects these tailwinds to continue beyond the rest of their fiscal year: “the tailwinds of cloud and our solutions adoption position us well for the rest of this fiscal year and beyond.”

Beth Kindig owns shares of Zoom Video and may enter a position in any of the above listed names at any time. This is not financial advice. Please consult with your financial advisor in regards to any stocks you buy.

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