US approves new rules to accelerate the deployment and security of subsea data cables, citing growing threats from China and other foreign adversaries. https://t.co/670hfXiZog ...

Cloudera 打破 AI 应用壁垒，支持企业在其防火墙内运行自有数据的 AI 处理圣克拉拉，加利福尼亚州, Aug. 08, 2025 (GLOBE NEWSWIRE) -- 作为业界唯一实现数据全域人工智能化的企业，Cloudera 今日宣布其最新版 Cloudera Data Services 正式发布，支持本地部署私有 AI，使企业能够在防火墙内安全使用 GPU 加速的生成式 AI 功能。 依托内置治理机制与混合云环境的可移植性，企业如今能够在自有数据中心构建并扩展主权数据云，彻底消除安全顾虑。 Cloudera 是唯一能够通过同一云原生服务，在本地和公有云环境提供完整数据生命周期的供应商。 对敏感数据与知识产权安全的担忧，始终是阻碍各行业企业采用人工智能的关键因素。 Accenture 研究显示，77% 的企业缺乏保护核心模型、数据管道和云基础设施所需的基础数据与 AI 安全实践。 Cloudera 直击企业 AI 应用中最关键的安全与知识产权风险，助力客户将从原型到投产的周期，从数月缩短至数周。 本次发布让企业数据中心也能享受 Cloudera Data Services 的诸多优势。 用户能够 ...

RT Bloomberg Live (@BloombergLive)ICYMI: “The spread of AI tools is a major source of new risk for data security and privacy,”@BBGIntelligence's Conrad Tan on the digital threats senior executives of companies receive due to the rapid spread of AI tools. #SustainableBizSummit⏯️ https://t.co/Ck9JVVIR8t https://t.co/Xa1mnyYGFj ...

The Paperclip Team will have a booth at the event this week in ChicagoHACKENSACK, N.J., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Paperclip Inc. (OTCMKTS: PCPJ), a leading provider of innovative content management and data security solutions, will be participating in the National Index Forum (NIF) on Thursday, August 7 and Friday, August 8 in Chicago. The NIF is a premier event bringing together key stakeholders from across the insurance ecosystem—including marketers, executives, and decision-makers from Field Mark ...

👤 Your social security number has probably been compromised. Your Facebook account might get hacked. Identity theft attempts happen for many people.So why don't we talk about it?In Episode 4 of #PrivacyInMotion with @MidnightNtwrk & @brave, we explore how social media turned privacy into performance, your data into currency and your identity into a target.Watch the full video here 🔗👇 ...

Financial Data and Key Metrics Changes - In Q2 2025, the company reported an ARR growth of 19% to $693.2 million, with SaaS ARR now representing about 69% of total ARR [9][26] - Free cash flow for the year to date reached $82.7 million, up from $67.3 million in the same period last year [9][28] - Revenue for Q2 was $152.2 million, reflecting a 17% year-over-year increase, despite a 7% headwind due to increased SaaS sales recognized ratably [28] Business Line Data and Key Metrics Changes - SaaS revenues were $105.9 million, term license subscription revenues were $32.4 million, and maintenance and services revenues were $13.9 million, with renewal rates over 90% [28] - The second quarter ARR contribution margin improved to 16.5%, up from 14.9% year-over-year, indicating strong incremental margins while transitioning to SaaS [30] Market Data and Key Metrics Changes - The demand for the SaaS platform from both new and existing customers is strong, particularly for cloud environment protection [10][21] - The data security market is rapidly expanding due to factors such as AI usage and increasing compliance needs, creating more budgeted line items and opportunities [10] Company Strategy and Development Direction - The company is focused on completing its SaaS transition and capturing a growing market opportunity, with a strategic emphasis on automated data security solutions [9][25] - The partnership with Microsoft is being deepened to enhance security for AI tools and drive secure AI adoption [21][47] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the outlook despite a challenging macro environment, citing strong underlying business drivers [26][58] - The company anticipates continued strong demand for its solutions, particularly as customers recognize the need for comprehensive data security [34][60] Other Important Information - The company achieved federal authorization to offer its entire SaaS platform to the federal sector, marking a significant milestone [9][76] - The company repurchased 1 million shares at an average price of $38.59 during the quarter, totaling $38.7 million [32] Q&A Session Summary Question: How does the company compete against Cyera? - Management noted that competitors like Cyera expand the total available market and raise awareness about the need for data protection, but they do not provide comprehensive outcomes like Varonis does [37][39] Question: Can you size the opportunity from the Microsoft partnership? - Management highlighted that AI security is fundamentally a data security issue, and the partnership is focused on addressing security challenges associated with AI tools [44][46] Question: What metrics instill confidence in achieving over 20% ARR growth? - Management indicated that strong new customer acquisition and healthy NRR trends support the confidence in achieving this growth target [50][52] Question: How is the macro environment trending compared to last quarter? - Management stated that the macro environment remains similar to the previous quarter, with ongoing deal scrutiny but strong demand for data security solutions [58][59] Question: How does the company view competition from backup vendors entering the DSPM market? - Management emphasized that traditional backup vendors rarely compete in POCs and that Varonis remains focused on deploying solutions at scale [62][64] Question: Can you elaborate on the trend of customers consolidating their data security budgets? - Management noted that customers are increasingly consolidating their budgets around Varonis due to the comprehensive nature of its solutions [67][70] Question: What is the significance of the FedRAMP authorization? - Management expressed excitement about the FedRAMP authorization, which allows the company to offer its SaaS platform to federal customers, representing a significant growth opportunity [76][78] Question: How many subscription services would a large healthcare customer utilize? - Management indicated that large customers often utilize multiple services, including databases and compliance tools, reflecting a comprehensive approach to data security [82][84] Question: What is the outlook for new logo acquisition? - Management reported an acceleration in new logo acquisition, with larger initial land sizes and a strong value proposition driving customer interest [85][87]

Company Overview - Varonis is a leader in data security, differentiating itself from conventional cybersecurity companies[7] - The company's Annual Recurring Revenue (ARR) reached $6932 million, demonstrating a year-over-year growth of 19%[8] - SaaS ARR constitutes approximately 69% of the total ARR[8] Financial Performance - The company's YTD Free Cash Flow is $827 million[8] - The company experienced a ~7% headwind to year-over-year revenue growth due to increased SaaS sales[49, 51] - The company experienced a ~6% headwind to operating margin due to increased SaaS sales[54] Market Trends and Opportunities - The amount of data created is expected to grow at a compound annual growth rate of 24% by 2028, with unstructured data accounting for over 90% of the total data generated[18] - The company's Total Addressable Market (TAM) has more than tripled due to expansion into new markets like IaaS, SaaS, PaaS, AI, and Databases, exceeding $32 billion[28] Future Outlook - The company projects ARR between $748 million and $754 million for the full year 2025, representing a 17% year-over-year growth[55] - The company anticipates Free Cash Flow between $120 million and $125 million for the full year 2025[55] - The company's long-term goal is to build a billion-dollar business with expanding profit and cash flow[56]

Core Insights - Varonis Systems, Inc. reported a 19% year-over-year growth in annual recurring revenues (ARR), reaching $693.2 million as of June 30, 2025 [6][5] - The company’s SaaS ARR constituted approximately 69% of total ARR, indicating a significant shift towards SaaS offerings [2][5] - Year-to-date cash from operations increased to $89.3 million from $68.4 million in the previous year, while free cash flow rose to $82.7 million from $67.3 million [6][5] Financial Performance - Total revenues for the second quarter of 2025 were $152.2 million, up from $130.3 million in the same quarter of 2024 [5][6] - SaaS revenues surged to $105.9 million compared to $44.8 million in the second quarter of 2024, reflecting strong demand for the SaaS platform [5][6] - Term license subscription revenues decreased to $32.4 million from $62.7 million, primarily due to customer transitions to the SaaS platform [5][6] - Maintenance and services revenues also fell to $13.9 million from $22.8 million, again attributed to the shift towards SaaS [5][6] Operational Highlights - The company repurchased 1.0 million shares at an average price of $38.59, totaling $38.7 million, completing its share repurchase authorization [6] - Varonis announced a strategic partnership with Microsoft to enhance security for workplace AI, integrating its Data Security Platform with Microsoft's security offerings [6] - The company achieved FedRAMP Authorization, confirming that its unified SaaS platform meets stringent U.S. federal cloud security requirements [6] - Varonis introduced protection for OpenAI's ChatGPT Enterprise, enabling customers to monitor sensitive data uploads and prevent compliance violations [6] Future Outlook - Varonis raised its full-year ARR guidance and increased its expectation for the SaaS mix to 82% from 80% [2] - The company anticipates continued growth driven by the adoption of AI and increasing awareness of data-centric cloud and SaaS security [2]

[Music] All right. Uh, thank you everyone. We're excited for to be here and thank you for uh, coming to our talk.Uh, my name is Chong. I'm the CEO and co-founder of LANCB. I've been making data tools for machine learning and data science for about 20 years.I was one of the co-authors of pandas library and I'm working on LANCB today for all of that data that doesn't fit neatly into those pandas data frames. And I'm Calvin. I lead one of the teams at Harvey Aai working on rag um tough rag problems across mass ...

Financial Data and Key Metrics Changes - Total Annual Recurring Revenue (ARR) grew 24% to $996 million, with Subscription ARR increasing 33% to $844 million [4][19] - Total revenue increased 26% to $282 million, driven by a 46% rise in subscription revenue [4][20] - Non-GAAP EBIT grew 21% to $58 million, with a non-GAAP EBIT margin of 20.7% [24][25] - Gross margins for fiscal Q1 were 82.4%, consistent with expectations [24] Business Line Data and Key Metrics Changes - Subscription revenue increased 46% to $182 million, with SaaS ARR soaring 63% to $307 million [5][19] - The number of subscription customers approached 13,000, with approximately 700 net new subscription customers added [20] - SaaS net dollar retention was 125%, indicating strong customer expansion [20] Market Data and Key Metrics Changes - The company achieved triple-digit growth in marketplace transactions, with multiple six-figure and seven-figure deals [6] - Significant growth was observed across geographies, industries, and customer segments, from enterprise to SMB [7] Company Strategy and Development Direction - The company is focused on the booming cyber resilience market, enhancing offerings to meet the needs of CIOs and CISOs [8][12] - Strategic partnerships were formed with Deloitte, CrowdStrike, and HPE to enhance cyber resilience and data protection capabilities [11][12] - The company plans to acquire Satori Cyber to strengthen data security offerings and support responsible AI usage [14][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for the cyber resilience platform and the ability to capture market share [31] - The company raised its fiscal year 2026 guidance, expecting total ARR growth of 18% year-over-year [29][30] - Management noted that the overall market strength is driving performance, with no signs of budget pull-forward from customers [82] Other Important Information - The company ended Q1 with no debt and a cash position of $363 million, with free cash flow of $30 million [26] - The company repurchased $15 million of stock during the quarter [26] Q&A Session Summary Question: Revenue contributions from the Satori acquisition - Management indicated that the Satori acquisition will not materially impact revenue guidance [34] Question: Cross-sell and upsell opportunities - Management reported a 45% increase in customers using two or more products, with strong traction in cross-sell initiatives [35] Question: Bundling strategy - The company offers logical bundles that enhance customer experience, with plans for more integrated offerings in the future [39] Question: Future growth through M&A - Management highlighted past acquisitions that enhanced core capabilities and indicated a focus on integrating new technologies into the platform [46] Question: Net new ARR dynamics - Management noted that the SaaS business performed as expected, with strong performance in software contributing to net new ARR [52] Question: Federal business performance - The federal business performed in line with expectations, benefiting from FedRAMP High certification [58] Question: Operating margins and performance - Management explained that operating expenses included planned headcount growth and higher commissions, balancing growth and profitability [60] Question: Contribution of newer solutions - Older products like M365 and AirGap Protect continue to dominate ARR, but newer security offerings are also growing significantly [67] Question: Customer budget pull-forward - Management confirmed no evidence of budget pull-forward, attributing strong performance to overall market strength [82]