Cyber attacks continue to increase worldwide and $PANW (-0,94%) is one of the companies that benefits most from this. Over 77% of the largest 2,000 companies already rely on the provider's platforms. But what makes Palo Alto so successful?
- Massive investment in research & development (22% of turnover) and smart acquisitions
- AI-supported features that detect and fend off attacks more quickly
- Strong quarterly figures with double-digit growth and including +50% more major orders
Shareholders are satisfied with the figures: Next-Gen ARR +32% compared to the same quarter last year, platform customers +40% and a clear outlook for further growth in the coming financial year. The development of the share price has been promising for years:
Why a look at Palo Alto Networks could be exciting right now and how the company is expanding its market leadership in a booming billion-dollar market can be found in the new article: ideas-magazin.de
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