{"id":23796,"date":"2022-12-15T19:19:31","date_gmt":"2022-12-15T19:19:31","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/15\/security-industrys-shift-toward-consolidation-and-ai-supports-palo-alto-networks-data-platform-focus\/"},"modified":"2022-12-15T19:19:31","modified_gmt":"2022-12-15T19:19:31","slug":"security-industrys-shift-toward-consolidation-and-ai-supports-palo-alto-networks-data-platform-focus","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/15\/security-industrys-shift-toward-consolidation-and-ai-supports-palo-alto-networks-data-platform-focus\/","title":{"rendered":"Security industry\u2019s shift toward consolidation and AI supports Palo Alto Networks\u2019 data platform focus"},"content":{"rendered":"

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It started 18 years ago as a network security company that was focused on firewalls, but Palo Alto Networks Inc. has evolved into a different firm today.<\/p>\n

The company made a concerted effort to build a true cloud-native platform<\/a>, dramatically reducing the need for sensor deployment or on-premises proxies. This approach has proved effective as it has enabled Palo Alto Networks to deliver security value as a service through software with a key focus on data.<\/p>\n

\u201cWe\u2019re seeing the culmination of this long-term strategy where the company has been trying to build more of a platform,\u201d said Zeus Kerravala<\/a> (pictured), founder and principal analyst at ZK Research. \u201cThey came out as a firewall vendor, but they are more than firewalls now. They really are a data company.\u201d<\/p>\n

Kerravala spoke with theCUBE industry analysts Dave Vellante<\/a> and Lisa Martin<\/a> at Ignite \u201922<\/a>, during an exclusive broadcast on theCUBE, SiliconANGLE Media\u2019s livestreaming studio. They discussed IT vendor consolidation, growing use of AI and the importance of building a security ecosystem. (* Disclosure below.)<\/em><\/p>\n

Faster threat identification<\/h3>\n

Transformation into a data company has enabled Palo Alto Networks to focus on consolidation at a time when many enterprises are seeking to trim redundant vendors. Survey metrics<\/a> provided to SiliconANGLE by Enterprise Technology Research showed that the percentage of IT buyers planning to consolidate redundant vendors jumped from 34% to 44% in just one month.<\/p>\n

\u201cPeople have been calling for consolidation in security for decades, and this is the first company that\u2019s actually made it happen,\u201d Kerravala said. \u201cThey\u2019ve done an excellent job of taking telemetry from their products and the acquisitions they have and brought that together into one big data lake. They are able to use that to do faster threat identification and forensics.\u201d<\/p>\n

Palo Alto Networks\u2019 focus on data has also allowed it to build a portfolio with a suite of artificial intelligence and machine learning tools. This is an important development within the cybersecurity world, where it has become more apparent that legacy security operations center playbooks and forensic models are being overwhelmed by the volume and sophistication of external threats.<\/p>\n

\u201cLook at every big breach that we\u2019ve had over the last five years,\u201d Kerravala said. \u201cThere\u2019s some SIEM vendor that caught it, but the security team missed it. Well, they missed it because nobody can look at that much data manually. Palo Alto\u2019s approach of relying on machines to fight the fight is actually the right way.\u201d<\/p>\n

Nikesh Arora, the company\u2019s chief executive, makes it clear in recent public comments<\/a> that he intends to make Palo Alto Networks the \u201cfirst $100 billion cyber company.\u201d For now, the company\u2019s market cap<\/a> has fluctuated between $45 billion and $50 billion, so this will be a mountain to climb.<\/p>\n

\u201cAny company that becomes a big company does it through ecosystem,\u201d Kerravala noted. \u201cIf there\u2019s an area they need to focus on, it\u2019s building that ecosystem, not with other security vendors, it\u2019s with application vendors and the cloud companies. They\u2019 got some relationships there, but they need to do more.\u201d<\/p>\n

Here\u2019s the complete video interview, part of SiliconANGLE\u2019s and theCUBE\u2019s coverage of Ignite \u201922<\/a>:<\/p>\n