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Zscaler, Inc. (NASDAQ: ZS) is a leading provider of cloud-native cybersecurity solutions designed to enable secure digital transformation for enterprises worldwide. Headquartered in San Jose, California, Zscaler operates at the forefront of the cybersecurity industry, focusing on Secure Access Service Edge (SASE) and Zero Trust Network Access (ZTNA) frameworks. The company's flagship platform, the Zscaler Zero Trust Exchange™, delivers secure, fast, and seamless connections between users, devices, and applications, regardless of their location or network, effectively replacing traditional network security appliances.
Core Offerings
Zscaler's product portfolio is anchored by two primary services:
- Zscaler Internet Access (ZIA): This solution provides secure access to external applications and the internet by inspecting all traffic to prevent cyber threats such as malware, ransomware, and phishing attacks. It also enforces data protection policies to prevent data leakage.
- Zscaler Private Access (ZPA): Designed for secure access to internal applications, ZPA eliminates the need for legacy VPNs by enabling direct, Zero Trust-based connections between users and applications.
Both services are delivered through a 100% cloud-based architecture, offering scalability, reduced complexity, and enhanced user experience compared to traditional hardware-based solutions. The platform is distributed across more than 150 global data centers, ensuring high availability and low latency for users in over 185 countries.
Business Model
Zscaler operates on a subscription-based Software-as-a-Service (SaaS) model, generating recurring revenue from enterprise customers. The platform's modular design allows organizations to adopt specific capabilities based on their needs, making it a flexible and cost-effective solution. By continuously updating its cloud infrastructure, Zscaler ensures that customers remain protected against the latest cybersecurity threats without the need for manual updates or hardware replacements.
Market Position
As a pioneer in cloud-delivered security, Zscaler has established itself as a key player in the cybersecurity industry. The company serves thousands of enterprises, including many Fortune 500 organizations and government agencies, across diverse sectors such as manufacturing, finance, technology, and retail. Its focus on Zero Trust principles aligns with the growing demand for secure digital transformation as enterprises increasingly adopt cloud-first strategies and remote work models.
Competitive Landscape
Zscaler competes with other cybersecurity providers such as Palo Alto Networks, CrowdStrike, Cisco, and Fortinet. The company's differentiation lies in its fully cloud-native architecture, which eliminates the need for on-premises hardware and simplifies security management. By leveraging advanced AI and machine learning capabilities, Zscaler enhances threat detection and response, providing a competitive edge in a rapidly evolving threat landscape.
Industry Impact
Operating in the cybersecurity industry, Zscaler addresses critical challenges such as data breaches, ransomware, phishing, and insider threats. The company's Zero Trust Exchange platform not only protects sensitive data but also enables organizations to embrace emerging technologies like AI and IoT securely. By facilitating secure access to applications and data, Zscaler empowers enterprises to innovate and scale without compromising security.
Conclusion
Zscaler's commitment to Zero Trust principles and its 100% cloud-delivered approach position it as a transformative force in the cybersecurity industry. Through its scalable, flexible, and robust solutions, Zscaler enables organizations to navigate the complexities of modern cybersecurity, ensuring secure and efficient digital transformation.
Zscaler, Inc. (NASDAQ: ZS) has enhanced its Security Service Edge (SSE) cloud security platform with advanced AI/ML innovations to combat rising cyber threats. The company reports a 314% increase in cyberattacks on encrypted traffic and an 80% rise in ransomware incidents. Zscaler's platform inspects over 240 billion data transactions daily, blocking 150 million attacks, ensuring rapid threat response and improved user protection. New features include AI-powered phishing prevention, segmentation, and root cause analysis, streamlining security measures and enhancing the digital experience.
Zscaler has strengthened its collaboration with Amazon Web Services (AWS) by launching a new cloud-native application protection platform (CNAPP) called Posture Control™. This offering is designed to streamline security operations and enhance the transition to cloud environments by consolidating various security services into a single platform. Innovations include extending the Zscaler Zero Trust Exchange™ to protect workloads on AWS and enabling Zero Trust access for private 5G using AWS Wavelength. These developments aim to improve cloud security and mitigate risks for enterprises.
Zscaler (NASDAQ: ZS) has introduced its new Posture Control solution at Zenith Live, enhancing cloud-native application security. This agentless platform integrates with the Zscaler Zero Trust Exchange to help DevOps and security teams address risks in cloud workloads more effectively. The solution correlates key security issues and supports a unified approach to cloud security throughout the development lifecycle, enabling teams to prioritize and remediate risks efficiently. It aims to streamline operations and improve collaboration across security and development teams.
Securonix has unveiled a new technology integration with Snowflake and Zscaler at Snowflake Summit 2022, enhancing threat detection and response capabilities at cloud scale. The integration offers security teams improved access to security event logs stored in Snowflake, enabling advanced investigation and reporting. Securonix's partnership with Snowflake has seen substantial market traction, driven by the need for robust cybersecurity in an era of accelerated cloud transformation. The announcement reflects Securonix's dedication to pioneering cloud-native security analytics.
Zscaler (NASDAQ: ZS) announced an innovations briefing for investors to take place on June 22, 2022, during the Zenith Live 2022 event in Las Vegas, Nevada. The briefing will start at 11:30 a.m. PT (2:30 p.m. ET) and will include a live webcast available for replay on the company’s Investor Relations website. Zscaler aims to enhance digital transformation by providing cloud security solutions, including its Zero Trust Exchange, which provides protection against cyber threats.
Hyperscience has appointed Dali Rajic to its Board of Directors to enhance operational growth and revenue strategies. Rajic, currently the COO at Zscaler (NASDAQ: ZS), brings 25 years of experience in sales and operational roles. He aims to leverage Hyperscience’s AI technologies to drive customer value and organizational agility. The Board believes Rajic's operational excellence will be crucial for maximizing Hyperscience’s potential in transforming the automation market.
Zscaler, Inc. has released its annual Ransomware Report, indicating an 80% increase in ransomware attacks year-over-year. The manufacturing sector remains the most targeted, with nearly 20% of attacks aimed at this industry. However, the healthcare sector experienced a staggering 650% rise in attacks, followed by the restaurant and food service industry with a 450% increase. The report highlights tactics such as double-extortion and supply chain attacks, exacerbated by geopolitical tensions.
Zscaler reported a robust third quarter for fiscal year 2022, with a 63% increase in revenue year-over-year, totaling $286.8 million. Calculated billings also grew by 54% to $345.6 million, while deferred revenue surged by 65% to $818.7 million. Despite a GAAP net loss of $101.4 million, an increase from a loss of $58.5 million the previous year, non-GAAP net income reached $24.7 million, up from $21.4 million. The company raised its fiscal year guidance, anticipating total revenue of around $1.078 billion.
Zscaler and Siemens have launched the world’s first Zero Trust OT Security Platform, available globally to enhance secure digital transformations in factories. This solution combines Zscaler's cloud security capabilities with Siemens' SCALANCE LPE platform, enabling secure remote access for operational technology (OT) environments. The partnership emphasizes the need for enhanced security in light of increasing cyberattacks, allowing for safer factory automation. Key features include privileged access, seamless integration, and robust SaaS solutions through Zscaler’s security cloud.
Zscaler, leader in cloud security, announced its participation in several upcoming investor conferences. The events include the Loop Software Conference on June 1, Bank of America’s 2022 Global Technology Conference on June 8 at 8:00 a.m. PT, and the Mizuho Cybersecurity Summit on June 13 with virtual 1x1 meetings. Webcast sessions will be available on Zscaler's Investor Relations website. Zscaler's Zero Trust Exchange secures connections for users globally, backed by over 150 data centers.
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