After Palo Alto Networks reported an earnings beat on Monday, CEO Nikesh Arora told CNBC’s Jim Cramer about his company’s…
After Palo Alto Networks reported an earnings beat on Monday, CEO Nikesh Arora told CNBC's Jim Cramer about his company's"platformization" strategy, saying it's important for the cybersecurity outfit's long-term success."It doesn't matter whose platform you buy, you can't go back. You can't go back to point solutions and start stitching them.
The company said in its earnings presentation that its business in the previous quarter was drive by"early momentum in platformization." Arora also discussed Palo Alto's artificial intelligence services, claiming that the company has been successful in selling tangible AI services to customers. "We're very excited, we crossed $200 million in ARR in AI, real AI, selling products to our customers—this is not ideas, thoughts, things we're trying," he said.at no cost to help you build long-term wealth and invest smarter.
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