Zscaler (ZS) Update / Briefing June 03, 2025 02:30 PM ET Speaker0 everyone. Apologize for the delay here. I would like to welcome you to Investor Relations Innovation Briefing at Zenith Live. We get started, please take moment to look at our safe harbor statements. Let's quickly go over the agenda after this. So we'll start off with some comments from Jay talking about the scale expansion. Jay, we'll have Adam will double into our SecOps strategy. After that, have special guest, Brian Byer, who is founder a ...

Core Insights - Ataccama has launched its unified data trust platform, Ataccama ONE, on Snowflake Marketplace, integrating with Document AI to convert unstructured content into structured data [1][5] - Unstructured data constitutes the majority of enterprise information, growing over 55% annually, yet 95% of businesses struggle to manage it effectively [2] - The integration of Ataccama ONE and Document AI allows organizations to extract structured data from unstructured documents, enhancing data quality and governance [3][4] Company Overview - Ataccama is recognized as a leader in data quality and governance, providing a unified platform that integrates data quality, lineage, observability, governance, and master data management [6] - The company has been acknowledged in the 2025 Gartner Magic Quadrant for Augmented Data Quality and Data and Analytics Governance, indicating its strong market position [6] Industry Context - The challenge of managing unstructured data is significant, with many organizations unaware of the valuable insights contained within, leading to operational risks [2][4] - As enterprises increasingly rely on unstructured data for AI applications, the need for effective governance and quality management becomes critical [2][4]

CyberArk Software (CYBR) 2025 Conference Summary Industry Overview - **Industry**: Cybersecurity, specifically focusing on Identity Security and Privileged Access Management (PAM) [3][6] - **Market Trends**: Increasing attacks on both human and machine identities, with identity being recognized as the primary defense factor against adversaries [3][4][5] Core Company Insights - **Company Positioning**: CyberArk has evolved from traditional PAM to a broader identity security market, capturing significant demand due to the urgency of identity protection [3][5] - **Growth in PAM**: The core PAM market remains vibrant with substantial growth opportunities, particularly in modern use cases and among highly privileged users who are not fully secured [6][7][12] Customer Dynamics - **Customer Demand**: There is robust demand for identity security solutions, with customers increasingly seeking multi-product solutions that address high-priority areas [9][10] - **Expansion Opportunities**: CyberArk has established multi-year roadmaps with strategic customers, allowing for ongoing expansion within existing accounts [11][12] Competitive Landscape - **Emerging Competitors**: Non-traditional identity security players, such as CrowdStrike, are entering the identity space, but CyberArk differentiates itself through a preventative and deterministic approach to identity security [14][15][23] - **Consolidation of Trust**: Customers are looking for trusted vendors to reduce the number of cybersecurity vendors they engage with, emphasizing the importance of a unified identity security platform [20][21] Product Development and Innovation - **Identity Security Platform**: CyberArk is focused on creating a unified user experience across its identity security offerings, which is essential for effective deployment and management [22][19] - **Acquisition of Zillow**: The acquisition aims to enhance CyberArk's Identity Governance and Administration (IGA) capabilities, addressing the need for modern, efficient IGA solutions that integrate with existing identity security frameworks [40][41][44] Machine Identity and AI - **Machine Identity Security**: There is a growing recognition of the security importance of machine identities, with CyberArk positioned to address this need through its solutions [28][29][32] - **AI Integration**: CyberArk is actively working on incorporating AI into its solutions to enhance productivity and security, particularly in managing access to AI systems [34][36][38] Future Opportunities - **Market Potential**: There remains a significant opportunity for CyberArk to secure a large number of unsecured identities, both human and machine, as well as to expand its offerings in the evolving landscape of identity security [54][55] - **Long-term Vision**: The company is optimistic about its growth trajectory, with plans to deepen and broaden its solutions to meet the increasing demands of the market [55][56]

Advanced Security Solutions Extend Zero Trust Everywhere to Protect Data Across Branches, Multi-Cloud Environments, and Remote EnvironmentsLAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) -- Zenith Live Las Vegas — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced a new suite of solutions that enable customers to quickly adopt Zero Trust Everywhere. These innovations extend the reach of true Zero Trust and enable businesses to modernize and scale securely by providing end-to-end segmentatio ...

Core Insights - eGain announced findings from a survey on the state of AI in 2025, highlighting significant concerns regarding AI adoption among executives and knowledge managers [1][2] AI Adoption Challenges - 61% of respondents identified erroneous or inconsistent answers as the primary barrier to successful AI adoption [2] - Gartner warns that all generative AI projects lacking integration with modern knowledge management systems are likely to fail in achieving customer experience and operational cost-reduction goals [2] Importance of Trusted Content - eGain's CEO emphasized the necessity of trusted content for successful AI applications, stating that both AI and knowledge are essential for organizations to thrive [3] - The survey results underscore the critical role of trusted content in driving successful AI initiatives [3] Performance Improvements - Companies utilizing the eGain AI Knowledge Hub reported significant operational improvements, including a 24% reduction in Average Handle Time (AHT) and a 57% decrease in Average Wait Time (AWT) for member calls [4] - Additionally, agent satisfaction scores increased by 22% as a result of implementing trusted knowledge solutions [4]

Core Viewpoint - The Federal Cartel Office of Germany has raised concerns that Amazon's pricing controls for third-party sellers may violate competition laws, potentially limiting product visibility and interfering with sellers' pricing freedom [2][3]. Group 1: Amazon's Pricing Mechanisms - Amazon's algorithms and statistical models set price caps for products, which can lead to demotion in search results or exclusion from the buy box for products deemed to have "too high" or "not competitive" prices [1][2]. - The Cartel Office indicated that Amazon's pricing practices could harm not only sellers but also deter other retailers from offering lower prices, thus affecting overall competition in the online retail market [3]. Group 2: Regulatory Responses - The Federal Cartel Office's preliminary assessment suggests that Amazon's influence over pricing on its platform is fundamentally questionable from a competition perspective, especially since Amazon competes with other retailers on its own marketplace [3]. - Amazon has the opportunity to respond to the Cartel Office's preliminary findings before a final decision is made [4]. Group 3: Previous and Ongoing Investigations - In 2022, Amazon reached a settlement with EU antitrust regulators regarding its use of seller data and buy box practices, agreeing to display a second buy box for competing offers in Europe [5]. - The U.S. Federal Trade Commission is also investigating Amazon's pricing algorithms as part of a broader antitrust lawsuit, with a trial scheduled for October 2026 [6].

Core Insights - Illumio Inc. has announced a strategic integration with NVIDIA to enhance security for critical infrastructure organizations and advance their Zero Trust posture [1][3] - The collaboration integrates NVIDIA BlueField networking platform with Illumio's breach containment platform, providing comprehensive security and operational efficiency across IT and Operational Technology (OT) environments [1][2] Integration Benefits - Organizations can deploy Illumio directly on NVIDIA BlueField, gaining visibility into network dependencies and precise security controls at both host and network levels [2][5] - The integration simplifies the protection of critical systems, ensuring operational continuity while meeting compliance requirements [2][3] - Future capabilities will include AI-driven insights from Illumio to identify risks and attacker patterns, enabling rapid threat detection in ICS and OT environments [2][3] Industry Context - The collaboration addresses rising threats and increased regulatory pressure globally to strengthen cyber resilience and reduce operational risk to OT infrastructure [3] - Illumio is recognized as a leader in The Forrester Wave™: Microsegmentation Solutions, Q3 2024, highlighting its role as a trusted vendor in the NVIDIA partner ecosystem [3][6] Key Features - Enhanced visibility and policy enforcement for traffic within and between IT and OT layers, allowing organizations to visualize all traffic to and from OT systems [5] - Rapid deployment of Zero Trust for critical infrastructure, reducing complexity and accelerating time to value while containing breaches [5] - Improved compliance and operational resilience through consistent microsegmentation across diverse environments without impacting system performance [5]

Core Viewpoint - Google plans to appeal a ruling against it for anti-competitive practices in online search, asserting that the original court decision was incorrect [2][4]. Group 1: Legal Proceedings - A federal judge in Washington found Google guilty of illegal practices to establish and maintain its monopoly in online search in the summer of 2024 [2]. - The judge's decision on potential remedies is expected by August 2025 [6]. Group 2: Proposed Remedies - The Justice Department is demanding significant remedies, including Google's divestiture from its Chrome browser and a ban on exclusivity agreements with smartphone manufacturers [3]. - Google has proposed more limited measures, such as allowing phone manufacturers to pre-install its Google Play app store but not Chrome or the search engine [5]. Group 3: Data Sharing and Consumer Impact - The Justice Department's proposal includes forcing Google to share data used to produce search results on Chrome, which Google argues would allow the government to control user data access [3][4]. - Google expressed concerns that the proposed remedies would benefit well-funded competitors like Bing but did not adequately address consumer benefits [4].

Group 1 - The article discusses the investment strategy focused on Real Estate Investment Trusts (REITs) for generating stable passive income and potential mean reversion [1] - The individual highlighted in the article, Luuk Wierenga, emphasizes the importance of dividends from REITs as a source of additional cash flow to support lifestyle needs [1] - The investment journey began during the COVID-19 pandemic, leading to a specialization in identifying high-yield REITs [1] Group 2 - There is a mention of Sila Realty Trust, indicating that a position may be initiated if the company shows improved per share performance in upcoming quarters [3]

Zscaler Inc ZS reported better-than-expected third-quarter financial results after the market close on Thursday.Zscaler reported third-quarter revenue of $678.03 million, beating the consensus estimate of $666.86 million. The cybersecurity company reported adjusted earnings of 84 cents per share, beating analyst estimates of 75 cents per share, according to Benzinga Pro."We delivered outstanding third quarter results as an increasing number of customers adopt our expanding Zero Trust Exchange platform. We e ...