AI Index / Palo Alto Networks, Inc.
Palo Alto Networks, Inc. (PANW)
Palo Alto Networks -- a cybersecurity company specializing in network security, cloud security through Prisma Cloud, and security operations via Cortex -- taps into AI across its offerings, including in XSIAM, which enhances security operations by automating threat detection and response. Newer AI-focused solutions like AI Access and AI Security Posture Management address security for AI applications. The company reports over $200 million in AI Annual Recurring Revenue (ARR).
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Meanwhile, AI continues to generate significant excitement in the market, and many organizations are starting to scale transformative use cases that can enable new sources of revenue and/or drive substantial efficiencies. AI adoption is proceeding at a rapid pace faster than honestly I've seen any other new technology.
- Nikesh Arora
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Quotes from palo-alto-networks Executives About Artificial Intelligence and Generative AI
At the same time, adversaries are leveraging AI capabilities to broaden attacks, better target organizations, and scale their malicious activity beyond the capabilities of defenses that rely solely on humans.
- Nikesh Arora
We surpassed $200 million in AI ARR to close out the year. Underscoring the traction, the AI first products we've had in the market such as XSIAM...
- Nikesh Arora
...we released cloud detection response capabilities... CDR gives us all full visibility into security events in the cloud, as well as real-time threat detection and remediation.
- Nikesh Arora
...AI Access offering enabling our organization's workforce to use AI tools with confidence, while giving security teams’ full visibility, robust controls, data protection...
- Nikesh Arora