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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 (NASDAQ: ZS) and CrowdStrike (NASDAQ: CRWD) have expanded their strategic partnership to enhance security through new integrations, emphasizing a zero trust approach. This collaboration enables secure access to applications from any endpoint and automates access policy enforcement. The CrowdStrike Zero Trust Assessment allows dynamic access control based on real-time security assessments, significantly reducing organizational risks. Key benefits include improved defense for remote workers, reduced malware propagation, and enhanced response times to threats.
Zscaler reported a 55% year-over-year increase in revenue, reaching $157.0 million and a 71% rise in calculated billings to $232.0 million for Q2 FY2021. However, the GAAP net loss expanded to $67.5 million from $29.2 million a year prior. Non-GAAP net income slightly increased to $14.0 million. Deferred revenue grew by 60% year-over-year, totaling $446.8 million. Zscaler expects Q3 revenue between $162 million and $164 million, with a full-year forecast of $634 million to $638 million.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in several upcoming investor conferences. Notable events include the JMP Securities Technology Conference on March 1, 2021, and the Morgan Stanley Technology, Media and Telecom Conference on March 2, 2021. Other conferences include the Credit Suisse Software Investor Day on March 8 and the Truist Securities Technology Conference on March 9. Webcasts of the presentations will be available on Zscaler's Investor Relations section.
Zscaler (NASDAQ: ZS) has released the 2021 VPN Risk Report, revealing significant vulnerabilities in enterprise VPNs and the pressing need for a zero-trust security approach. The study, conducted in collaboration with Cybersecurity Insiders, surveyed over 350 cybersecurity professionals and found that 93% of companies use VPNs, yet 94% acknowledge their exploitation by cybercriminals. Major concerns included social engineering (75%), ransomware (74%), and malware (60%). As a result, 72% of organizations are shifting towards zero-trust models to enhance security, especially with the rise of remote work.
On February 25, 2021, Zscaler (NASDAQ: ZS) will release its second quarter fiscal year 2021 earnings following market close. An investor conference call is scheduled for 1:30 PM PT to discuss the results. Zscaler is a leader in cloud security, providing solutions that protect users and data through its Zero Trust Exchange platform. This platform is supported by a global infrastructure, ensuring robust cybersecurity for thousands of customers.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its management will present at key investor conferences in January 2021. The events are: the Goldman Sachs Technology & Internet Conference on January 12 at 1:30 p.m. PST and the Needham 23rd Annual Growth Conference on January 13 at 8:30 a.m. PST. A live and archived audio webcast of each presentation will be accessible via the Zscaler Investor Relations website.
Zscaler's Zero Trust Exchange safeguards customers from cyber threats, offering a robust security solution globally.
Zscaler (NASDAQ: ZS) has announced a virtual Analyst Day on January 11, 2021, at 7:30 a.m. PT. This event will feature Zscaler's management discussing the company's vision, go-to-market strategy, market opportunities, and financial outlook. Interested participants can register for the event here. A live webcast and replay will be available on the Investor Relations section of Zscaler’s website.
Zscaler is a leader in cloud security, providing a Zero Trust Exchange that protects users globally.
Zscaler, a leader in cloud security, has launched a Security Assessment Program to address the SolarWinds supply-chain attack. This program aims to help organizations assess their security posture and adapt to recommended best practices.
Utilizing its Zero Trust Exchange Platform, Zscaler enhances enterprise security by minimizing the attack surface and preventing lateral movement of threats. The program features expert guidance, including security audits, workload protection guidance, and the implementation of best practices. This initiative seeks to strengthen defenses against incidents like SUNBURST.
Zscaler (NASDAQ: ZS) has been recognized as the sole Leader in the Gartner December 2020 Magic Quadrant for Secure Web Gateways for the 10th consecutive year. The report highlights Zscaler's position as the furthest in ability to execute and highest in completeness of vision among 12 evaluated vendors. The company attributes its success to its multi-tenant, proxy-based architecture, which enhances digital transformation and security through a zero trust approach. Zscaler's global network includes over 150 data centers, cementing its status as a leader in cloud security.
Zscaler (NASDAQ: ZS) has launched Zscaler Cloud Protection, a new portfolio designed to enhance security for cloud workloads across any platform. This solution aims to minimize attack surfaces and automate security policies, enabling organizations to adopt a zero-trust approach effectively. Key features include secure configuration compliance, identity-based micro-segmentation, simplified app connectivity, and secure access without internet exposure. With over 90% of organizations exposing cloud services poorly, Zscaler addresses significant security gaps, promising a 90% reduction in policies and 30% cost savings compared to traditional methods.
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