Reported 1 day ago
Palo Alto Networks Inc. (PANW) plans to reach $15 billion in annual recurring revenue by 2029-2030, bolstered by its focus on enhancing its artificial intelligence security portfolio and integrating AI into its existing products. Following its acquisition of CyberArk, which brings a customer base of 8 million endpoints, the company is positioning itself as a leading cybersecurity provider. CEO Nikesh Arora emphasizes that this strategic shift aims to capitalize on emerging opportunities in the cybersecurity landscape.
Source: YAHOO