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Palo Alto (PANW) & Google Cloud Deepen Cybersecurity Partnership
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Palo Alto Networks (PANW - Free Report) and Alphabet’s (GOOGL - Free Report) Google Cloud strengthen their cybersecurity collaboration, marking a significant expansion of their alliance. Palo Alto Networks commits to a multi-year, 10-figure investment in Google Cloud, naming it as their preferred artificial intelligence (AI) and infrastructure provider.
Since 2018, Palo Alto Networks and Google Cloud have collaborated to revolutionize cybersecurity, a commitment further solidified by this expanded alliance. This strategic move underscores the importance of platformization and AI-driven solutions in combating evolving cyber threats.
The extended partnership aims to deliver enhanced security solutions, including Palo Alto Networks' Network Security platform embedded within Google Cloud, fostering a Zero Trust Network posture. Leveraging Google Cloud's advanced AI capabilities, such as BigQuery and Gemini models, Palo Alto Networks Cortex XSIAM offers AI-driven security operations for near-real-time threat detection and mitigation.
Apart from Alphabet’s Google Cloud, Palo Alto Networks has forged strategic alliances with other major public cloud providers, such as Amazon’s (AMZN - Free Report) Amazon Web Services (“AWS”) and Microsoft’s (MSFT - Free Report) Azure. These partnerships signify Palo Alto Networks' commitment to bolstering its cybersecurity offerings by leveraging the scale and capabilities of leading cloud platforms.
By collaborating with Google Cloud, Amazon’s AWS and Microsoft Azure, Palo Alto Networks gains access to robust cloud infrastructure, enabling seamless integration of its security solutions into cloud environments. This integration ensures comprehensive protection for customers' cloud workloads and applications.
Moreover, these partnerships allow Palo Alto Networks to develop advanced security solutions tailored for cloud-native environments. Leveraging the unique features and capabilities of each cloud platform, Palo Alto Networks can provide innovative cybersecurity solutions that address the evolving threat landscape in hybrid and multi-cloud deployments.
Furthermore, by tapping into the expansive customer bases of cloud providers, Palo Alto Networks can drive the adoption of its cybersecurity solutions among enterprises migrating to or already operating in the cloud. Joint go-to-market initiatives and integrations enable the company to reach a broader audience and expand its market presence.
Overall, Palo Alto Networks' public cloud partnerships offer significant growth opportunities. These collaborations enable PANW to strengthen its cybersecurity portfolio, extend its market reach and drive innovation in cloud security, positioning the company for long-term success in the rapidly evolving cybersecurity landscape.
Currently, Palo Alto Networks, Alphabet, Amazon and Microsoft each carry a Zacks Rank #3 (Hold). While shares of PANW have declined 5.3% year to date, GOOGL, AMZN and MSFT stocks have risen 12.1%, 22.2% and 13.3%, respectively. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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Palo Alto (PANW) & Google Cloud Deepen Cybersecurity Partnership
Palo Alto Networks (PANW - Free Report) and Alphabet’s (GOOGL - Free Report) Google Cloud strengthen their cybersecurity collaboration, marking a significant expansion of their alliance. Palo Alto Networks commits to a multi-year, 10-figure investment in Google Cloud, naming it as their preferred artificial intelligence (AI) and infrastructure provider.
Since 2018, Palo Alto Networks and Google Cloud have collaborated to revolutionize cybersecurity, a commitment further solidified by this expanded alliance. This strategic move underscores the importance of platformization and AI-driven solutions in combating evolving cyber threats.
The extended partnership aims to deliver enhanced security solutions, including Palo Alto Networks' Network Security platform embedded within Google Cloud, fostering a Zero Trust Network posture. Leveraging Google Cloud's advanced AI capabilities, such as BigQuery and Gemini models, Palo Alto Networks Cortex XSIAM offers AI-driven security operations for near-real-time threat detection and mitigation.
Palo Alto Networks, Inc. Price and Consensus
Palo Alto Networks, Inc. price-consensus-chart | Palo Alto Networks, Inc. Quote
PANW’s Public Cloud Partnerships
Apart from Alphabet’s Google Cloud, Palo Alto Networks has forged strategic alliances with other major public cloud providers, such as Amazon’s (AMZN - Free Report) Amazon Web Services (“AWS”) and Microsoft’s (MSFT - Free Report) Azure. These partnerships signify Palo Alto Networks' commitment to bolstering its cybersecurity offerings by leveraging the scale and capabilities of leading cloud platforms.
By collaborating with Google Cloud, Amazon’s AWS and Microsoft Azure, Palo Alto Networks gains access to robust cloud infrastructure, enabling seamless integration of its security solutions into cloud environments. This integration ensures comprehensive protection for customers' cloud workloads and applications.
Moreover, these partnerships allow Palo Alto Networks to develop advanced security solutions tailored for cloud-native environments. Leveraging the unique features and capabilities of each cloud platform, Palo Alto Networks can provide innovative cybersecurity solutions that address the evolving threat landscape in hybrid and multi-cloud deployments.
Furthermore, by tapping into the expansive customer bases of cloud providers, Palo Alto Networks can drive the adoption of its cybersecurity solutions among enterprises migrating to or already operating in the cloud. Joint go-to-market initiatives and integrations enable the company to reach a broader audience and expand its market presence.
Overall, Palo Alto Networks' public cloud partnerships offer significant growth opportunities. These collaborations enable PANW to strengthen its cybersecurity portfolio, extend its market reach and drive innovation in cloud security, positioning the company for long-term success in the rapidly evolving cybersecurity landscape.
Currently, Palo Alto Networks, Alphabet, Amazon and Microsoft each carry a Zacks Rank #3 (Hold). While shares of PANW have declined 5.3% year to date, GOOGL, AMZN and MSFT stocks have risen 12.1%, 22.2% and 13.3%, respectively. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.