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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It is becoming increasingly clear that as organizations aspire to simplify and modernize their security architectures in the age of AI with data at the center, our strategy is resonating, resulting in larger deals.
- Nikesh Arora
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Quotes from palo-alto-networks Executives About Artificial Intelligence and Generative AI
We've reached an inflection point in our next-generation security story, as a growing majority of our incremental growth this year is derived from our AI-powered XSIAM, SASE, and software firewalls.
- Nikesh Arora
The urgency to adopt AI is omnipresent in all of our customers. It no longer seems to be a choice. It's becoming a strategic imperative for every customer as the risk of inaction is too high.
- Nikesh Arora
To truly capitalize on AI's potential, enterprises need modern, cloud-delivered platforms that can ingest vast amounts of data and operate in real time at scale.
- Nikesh Arora
We're hard at work enabling secure adoption of this next wave of AI-powered applications.
- Nikesh Arora
Bad actors are using AI to move faster than ever. Recently, our Unit 42 team was able to simulate an entire ransomware attack in under 25 minutes using AI at every stage of the attack chain.
- Nikesh Arora
XSIAM is not only our fastest-growing product ever, it is now more impactful to our overall growth rate. I believe that from a strategic perspective, XSIAM has the potential of being the game changer for both the industry and Palo Alto Networks.
- Nikesh Arora
AI is accelerating cloud adoption, and we believe this trend will expand the long-term need for software firewalls that scale to modern workloads.
- Nikesh Arora
We announced our intention to acquire Protect.ai... Customer interest has been strong. We currently are in conversation with hundreds of prospects and already have an eight-figure pipeline since making the announcement last month.
- Nikesh Arora