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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) is set to release its third quarter fiscal 2022 earnings on May 26, 2022, after the market closes. An investor conference call will follow at 1:30 p.m. PT to discuss the results. Interested parties can join the call via webcast or by dialing 918-922-3018. A replay will be available from May 26 to June 2, 2022. Zscaler continues to lead in cloud security, leveraging its Zero Trust Exchange to protect customers globally.
Zscaler announces the appointment of Brendan Castle as Chief People Officer, succeeding Greg Pappas. With over 30 years in senior management and employee operations, Castle aims to enhance Zscaler's People and Culture organization. His experience includes leading Google's global recruiting for 3,000 employees and managing human resources at Citigroup. Zscaler is focused on rapid growth and attracting top talent in the cloud security space. CEO Jay Chaudhry emphasized the importance of a strong culture to support company innovation and employee success.
The 2022 ThreatLabz Phishing Report by Zscaler reveals a staggering 29% increase in global phishing attacks, totaling 873.9 million incidents. The retail sector is the most affected, witnessing an increase of over 400% in phishing attacks, particularly in regions like the US, Singapore, and Germany. The report highlights a troubling rise in phishing-as-a-service, making attacks more accessible to criminals. To counteract such threats, Zscaler emphasizes the importance of adopting a zero trust security model and using advanced AI/ML technologies for defense.
Zscaler, Inc. (NASDAQ: ZS) enhances its Zero Trust Exchange with three innovative capabilities aimed at reinforcing cloud security.
These include Private App Protection, Integrated Deception, and Privileged Remote Access, enabling organizations to effectively minimize attack surfaces and counter threats.
The updates address the growing trend towards cloud applications and remote work, aligning with the increasing demand for more robust security architectures.
Zscaler, Inc. (Nasdaq: ZS) reported a 63% year-over-year increase in revenue, reaching $255.6 million for Q2 of fiscal year 2022. Calculated billings grew 59% to $367.7 million, while deferred revenue rose 70% to $759.9 million. Despite these gains, the company recorded a GAAP net loss of $100.4 million, worsening from $67.5 million the previous year. Non-GAAP net income was $19.2 million, up from $14.0 million. For Q3, Zscaler anticipates revenue between $270 million and $272 million.
Zscaler, Inc. (NASDAQ: ZS) has been recognized as a Leader in the inaugural Gartner 2022 Magic Quadrant for Security Service Edge, marking its 11th consecutive year of leadership in the industry. Gartner evaluated Zscaler based on various factors including its Ability to Execute, where it was positioned highest among 11 vendors. The Zero Trust Exchange platform was praised for enhancing security amid increasing cyber threats, like ransomware and zero-day attacks. Zscaler aims to facilitate secure digital transformation for global organizations, processing over 200 billion transactions daily.
Zscaler, Inc. (NASDAQ: ZS), a leader in cloud security, announced its participation in several upcoming investor conferences. The conferences include the Berenberg Thematic Software Conference on March 2, 2022, at 1:00 p.m. PT, the JMP Securities Technology Conference on March 7, 2022, at 2:30 p.m. PT, and the Wolfe Research Virtual “March Madness” Software Conference on March 23, 2022, at 11:15 a.m. PT. Webcasts of these sessions will be available on the Zscaler Investor Relations website.
Zscaler (NASDAQ: ZS) will report its second quarter fiscal year 2022 earnings on February 24, 2022, after market close. The company will hold a conference call for investors at 1:30 p.m. PT to discuss the results. Investors can access the call via a live webcast on the Zscaler website. A replay will be available shortly after the call concludes. Zscaler specializes in cloud security, providing a Zero Trust Exchange that safeguards thousands of customers from cyber threats across a global network of data centers.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in the Needham Virtual Growth Conference scheduled for January 12, 2022. The presentation will begin at 7:00 a.m. PST (10:00 a.m. EST), with webcasts available on Zscaler's Investor Relations website.
Zscaler's Zero Trust Exchange aims to enhance digital transformation and provides security solutions to customers globally, utilizing over 150 data centers. This platform is recognized as the largest in-line cloud security system worldwide.
Zscaler has been included in the Nasdaq-100 Index effective December 20, 2021, marking a significant milestone for the cloud security leader. This addition highlights Zscaler's growth driven by enterprises transitioning from legacy security infrastructures to the Zscaler Zero Trust Exchange. CEO Jay Chaudhry emphasized the achievement reflects the team's performance and collaboration with customers and partners. Zscaler's Zero Trust Exchange is designed to protect users and applications globally, facilitating digital transformation.
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