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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 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.
Zscaler, Inc. (NASDAQ: ZS) announced the general availability of its new Workload Communications solution, part of the Zscaler Zero Trust Exchange. This innovation enhances security for workloads across multi-cloud environments, eliminating traditional network vulnerabilities. Zscaler's platform facilitates seamless, secure connections between applications without exposing them to cyber threats. Key features include securing cloud-to-internet and cloud-to-cloud communications while optimizing application performance. The solution aids enterprises in accelerating their cloud transformation initiatives by simplifying connectivity and enhancing security regulations.
Zscaler, Inc. reported impressive first-quarter results for fiscal year 2022, with a 62% year-over-year revenue growth, totaling $230.5 million. Calculated billings soared 71% to $247.7 million, and deferred revenue rose 74% to $647.8 million. However, GAAP net losses expanded to $90.8 million, compared to $55.0 million in the same quarter of the previous year. Non-GAAP net income increased slightly to $21.0 million. For Q2 FY2022, revenue guidance is set at $240-242 million, and full-year revenue guidance is projected between $1.00-1.01 billion.
Zscaler has achieved 100% renewable energy for its operations, including offices and over 150 global data centers, as of November 2021. This milestone aligns with Zscaler's commitment to enhancing security while reducing reliance on traditional hardware. By utilizing renewable energy credits, Zscaler aims to minimize its carbon footprint and support client goals for Zero Trust security. With 78% of energy for over 190 billion daily security transactions sourced from renewables, the company is on a journey toward net zero greenhouse gas emissions, highlighting both technological innovation and environmental responsibility.
Zscaler (NASDAQ: ZS), a leader in cloud security, will participate in several upcoming investor conferences. Key events include the NASDAQ Investor Conference on December 2, 2021, at 7:30 a.m. PT, and the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 10:50 a.m. PT. Additionally, Zscaler will hold virtual 1x1 meetings during the BMO Growth & ESG Conference on the same day. Webcasts will be available on the company's Investor Relations page.
Zscaler (NASDAQ: ZS) has announced the rescheduling of its first quarter fiscal year 2022 earnings release to Tuesday, November 30, 2021, after the market closes. This change avoids a conflict with other SaaS companies reporting on the same day. A conference call will be held at 1:30 p.m. PT to discuss the earnings results. Investors can access the webcast via the Zscaler investor relations website.
Zscaler, Inc. (NASDAQ: ZS) announced enhancements to Zscaler Digital Experience™ (ZDX) aimed at improving performance monitoring for applications like Microsoft Teams and Zoom. These new integrations provide unified visibility and management of UCaaS performance, enabling IT teams to quickly identify and resolve issues, thus enhancing collaboration and productivity. With capabilities such as API-based monitoring and automated IT incident management through ServiceNow, ZDX facilitates a proactive approach to maintaining optimal user experiences within a growing remote workforce.
Zscaler, Inc. (NASDAQ: ZS) will announce its first quarter fiscal year 2022 earnings on December 1, 2021, after the market closes. The company will hold an investor conference call at 1:30 p.m. PT to discuss the results. Zscaler is recognized as a leader in cloud security, providing the Zscaler Zero Trust Exchange, which protects users, devices, and applications from cyber threats. The platform is supported by over 150 data centers globally, ensuring robust security for thousands of customers.
Zscaler, recognized as a leader in cloud security, has received Provisional Authorization To Operate (P-ATO) at Impact Level 5 (IL5) from the Department of Defense (DoD) for Zscaler Private Access™ (ZPA™). This authorization allows government agencies to securely manage sensitive data using Zscaler's Zero Trust platform, enhancing cybersecurity for Controlled Unclassified Information (CUI) and unclassified National Security Systems (NSSs). Zscaler's solutions aim to reduce cyber risk as the DoD adopts modern cloud strategies.
Zscaler (NASDAQ: ZS) has reported a staggering rise in cyber attacks, with threats over HTTPS increasing by more than 314% year-over-year. The tech industry faced a 2,300% surge in attacks, while retail and wholesale saw an 800% increase. The State of Encrypted Attacks Report revealed that Zscaler blocked over 20 billion threats from January to September 2021. In contrast, attacks on healthcare decreased by 27%. The report emphasizes the urgent need for zero trust security models to combat these escalating threats.
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