Cybersecurity platformization: What you need to know
Platformization is the buzzword du jour in cybersecurity circles. The general idea is that enterprises are consolidating vendors and will ultimately bet on one platform to solve for cybersecurity.

Digital Safety, Privacy, and Cybersecurity is the art and science of promoting innovation while protecting information assets, including your most important assets -- your people.
The digital world brings opportunities and risks that are without precedent. New business models that value information as a commodity clash with traditional security and privacy practices.
Prepare to realize the full potential of the cloud, mobility, big data and the Internet of Things, without compromising the safety of the business and the privacy of your users.
Platformization is the buzzword du jour in cybersecurity circles. The general idea is that enterprises are consolidating vendors and will ultimately bet on one platform to solve for cybersecurity.
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Palo Alto Networks reported better-than-expected third quarter results as the company said customers had an "enthusiastic response to platformization."
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IBM Consulting will be a big channel for Palo Alto Networks' platform play.
Technologies for the enterprise have often been seen as enablers for disruption and change. Over the past five decades as one technology or vendor would come to prominence and dominate a market, challengers would apply new technologies or business models to topple the legacy market and create new markets. Silicon Valley built its credibility on these disruptive market entrants. This cycle would continue to repeat itself until the next challenger became the market leader and struggle to hold on to its lead while meeting the demands of investors and the market.
Google Cloud launched Threat Intelligence, Cisco and Splunk outlined integrations and new security offerings, Palo Alto Networks outlined its AI and cybersecurity future and CrowdStrike, Fastly and a bevy of others had announcements. Akamai acquired Noname Security.
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Six of the Magnificent Seven (Microsoft, Apple, Nvidia, Alphabet [Google], Amazon, Meta [Facebook]) stocks have entered the four comma club -over $1 trillion in market cap. With a combined market cap of over $13.2 trillion, these six players continue to defy physics with continuous quarters of double digit organic growth. Digital giants by definition have deployed five key strategies:
CrowdStrike and Amazon Web Services expanded a partnership where Amazon will standardize on CrowdStrike's Falcon platform and CrowdStrike will expand usage of Amazon Bedrock and SageMaker.
Rubrik, an enterprise backup and recovery company, has filed for an initial public offering in a move that indicates a new batch of security vendors are likely to hit the market as companies prep their post-breach strategies.
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