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Netskope Surpasses $500 Million in ARR, Continues to Take Share as More Enterprises Seek Market-Leading Security and Network Performance from Netskope’s Unified SASE Platform

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3,400+ customers, tens of millions of end users, and more than 30 of the Fortune 100 have adopted Netskope One platform capabilities

SANTA CLARA, Calif., June 3, 2024 /PRNewswire/ — Netskope, a leader in Secure Access Service Edge (SASE), today announced significant updates on its business momentum, as global demand for Netskope One, its industry-leading SASE platform, grows at an even faster pace than the broader cybersecurity market.

Among many notable achievements helping fuel its growth, Netskope’s company accolades and financial milestones to this point include the following:

Grew customer base to over 3,400 customers worldwide, including 4 of the 5 largest Fortune 500 financial services companies, 4 of the 6 largest Fortune 500 healthcare companies, 4 of the 5 largest Fortune 500 telecommunications companies, and 2 of the 4 largest Fortune 500 retail companies that have adopted Netskope One capabilitiesSurpassed $500 million in annual recurring revenue (ARR) at scale, with growth outpacing the SASE market1Delivered critical AI capabilities in data and threat protection, safe enablement of generative AI applications, and numerous other areas, with more than 30% of Netskope customers having already fully implemented tools from SkopeAI, the suite of AI and machine learning solutions applied throughout the Netskope One platformRecognized by all of the world’s top technology analyst firms for leadership in Security Service Edge (SSE), the security stack that powers SASE, including:Recognized by Gartner® in the 2024 Magic Quadrant™ for Security Service Edge. Placed both highest in ability to execute and furthest in completeness of vision for the second year in a rowCited as a Leader in the inaugural Forrester Wave™ report for Security Service Edge Platforms (2024)Named a Leader in SSE and Zero Trust Network Access (ZTNA) by IDC in 2023 MarketScape reportsEarned key authorizations and certifications to do business with federal governments and public sector entities around the world, including securing the stringent FedRAMP® High Authorization in the United States, Protected B Certification in Canada, and the Information Security Registered Assessor Program (IRAP) assessment in AustraliaWith its proprietary NewEdge infrastructure, became the first technology vendor in the world to deliver a localized SSE experience to 220 different countries and territories, including every non-embargoed United Nations member stateDeveloped and has continued to grow numerous successful go-to-market partnerships, including with major global systems integrators and managed services providers such as BT, Deloitte, Orange, Telefónica, Telstra, Wipro, and more, and critical alliance partners such as Amazon Web Services, CrowdStrike, Google, Microsoft, Mimecast, Okta, ServiceNow, and moreHonored with countless industry awards, including a steady climb up the influential Forbes Cloud 100 list over seven years and counting, and ranked highest (#12) among security and networking companies in the most recent list (2023)Demonstrated ongoing commitment to critical environment, social, and governance initiatives, including a Silver Medal in recognition of its sustainability achievement from EcoVadis, the world’s largest and most trusted provider of business sustainability ratingsLaunched Netskope for Good, a companywide program dedicated to supporting humanitarian and environmental sustainability work around the globeRecruited top executives from Amazon Web Services, Fortinet, Palo Alto Networks, Verizon and more

Why Netskope, Why Now

Work-from-anywhere models create expectations of easy, performant access to the SaaS, cloud, web, and private applications needed to run a productive business. But the associated surge in security threats and performance challenges have stressed legacy technology architecture to the point of ineffectiveness. As a result, organizations are seeking cloud-native, simple, and scalable solutions that stop threats, prevent unauthorized access to apps and data, and guarantee network performance. Teams are increasingly choosing SASE architecture to accomplish those objectives; Gartner estimates the SASE market will expand at a compound annual growth rate (CAGR) of 29%, reaching over $25 billion by 20272.

As a validated leader in SASE, SSE, and zero trust, Netskope helps organizations address their most critical cloud, SaaS, web, and private application security needs as well as their most persistent network performance challenges, all at once. The Netskope One platform enables both security and infrastructure and operations (I&O) teams to reduce risk, cost, and complexity as the only fully converged SASE offering that can deliver these capabilities using one engine, one client, one gateway, and one network.

“Netskope was founded on the idea that the entire enterprise strategy for protecting critical data from threats depends on how well security and networking adapt to a cloud-first, AI-ready world. Sure enough, as cloud and SaaS app adoption soared, businesses began changing their unreliable legacy technology stacks to reduce risks, lower costs, and implement modern architecture,” said Sanjay Beri, co-founder and CEO, Netskope. “We correctly anticipated that a converged, optimized platform approach would be needed to accomplish this, an opportunity now known as SASE. We have inspired confidence in companies all over the world that are adopting Netskope.”

Added Beri, “This is a significant period in Netskope’s journey, and it’s only the beginning of what we know we can achieve. We’ve proven our model and our customer win rate against much bigger technology companies, and we’ve maintained our unwavering commitment to make SASE and zero trust adoption an easy experience for any organization. We are so proud of our team, our customers, our investors, and our partners, and very excited for what’s ahead.”

To learn more about Netskope and how organizations can solve SASE and zero trust transformation challenges with the Netskope One platform, visit here.

Gartner Disclaimer

Gartner, Magic Quadrant for Security Service Edge, By Charlie Winckless, Thomas Lintemuth, Dale Koeppen, 15 April 2024.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Netskope
Netskope, a global SASE leader, helps organizations apply zero trust principles and AI/ML innovations to protect data and defend against cyber threats. Fast and easy to use, the Netskope One platform and its patented Zero Trust Engine provide optimized access and real-time security for people, devices, and data anywhere they go. Thousands of customers trust Netskope and its powerful NewEdge network to reduce risk and gain unrivaled visibility into any cloud, SaaS, web, and private application activity—providing security and accelerating performance without compromise. Learn more at netskope.com.

Media Contact:
press@netskope.com

Gartner Research: Forecast Analysis: Secure Access Service Edge, Worldwide, October 10, 2023
Gartner Research: Forecast Analysis: Secure Access Service Edge, Worldwide, October 10, 2023

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SOURCE Netskope

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SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

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MERRIAM, Kan., April 28, 2025 /PRNewswire/ — The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three months ended March 29, 2025 and March 30, 2024, in millions of dollars except share and per share amounts.

Three Months Ended

March 29,

March 30,

2025

2024

Net sales

$

2,316

$

2,191

Operating income (loss)

$

38

$

(20)

Net earnings attributable to Seaboard

$

32

$

22

Earnings per common share

$

32.95

$

22.66

Average number of shares outstanding

971,055

971,055

Dividends declared per common share

$

2.25

$

2.25

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on May 19, 2025 to stockholders of record at the close of business on May 8, 2025.

View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-302440190.html

SOURCE Seaboard Corporation

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Orange County Fire Authority in California Selects MSA Safety’s G1 Breathing Apparatus to Help Protect Firefighters

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PITTSBURGH, April 28, 2025 /PRNewswire/ — Global safety equipment manufacturer MSA Safety, Inc. (NYSE: MSA) today announced it has secured a $10 million contract to provide respiratory protective equipment to the Orange County Fire Authority in Southern California. With this order, MSA continues to strengthen its breathing apparatus market presence in the Southern California region. Over the past two years, MSA Safety has secured similar breathing apparatus contracts with both the Los Angeles County and the Los Angeles City Fire Departments. 

The decision to upgrade Orange County Fire Authority’s self-contained breathing apparatus (SCBA) technology was made after a comprehensive evaluation process. Factors that influenced the department’s selection of the G1 SCBA were its advanced technology and connectivity features, as well as the ability to upgrade the breathing apparatus with new technologies as they become available.

With 15 U.S. patents, the G1 SCBA is the centerpiece of the MSA Connected Firefighter platform – a suite of safety technologies that work in concert to significantly improve firefighter monitoring, accountability and communication. The SCBA utilizes embedded technology to transmit important data, including cylinder air pressure, battery status and various alarm indicators, to incident commanders via MSA’s FireGrid® system. The FireGrid system is a software service that gives incident commanders the ability to evaluate and manage on-scene fire crews in real time.

“When it comes to protecting first responders, our vision at MSA Safety is to provide fire departments with the most advanced and versatile safety solutions available today,” said Bob Apel, MSA Safety Executive Director, Global Fire Service and Digital Experience. “Our G1 breathing apparatus is a fitting example of that vision. The platform provides ongoing value to fire departments because it enables us to continuously add new technologies to the SCBA that enhance firefighter health and safety. That vision is consistent with our growth strategy to be the leading innovator in head-to-toe protection for the fire service.”

Also included among the G1 SCBA’s advanced features is an integrated thermal imaging camera (iTIC). The iTIC places thermal imaging capability into the hands of individual firefighters, as opposed to sharing a handheld device among multiple firefighters. The camera is part of the SCBA control module that houses a video screen and other electronics that enable many G1 features.

Founded in 1995, the Orange County Fire Authority (OCFA) is a regional fire service agency that serves 23 cities and all unincorporated areas within Orange County. With 78 fire stations, the OCFA protects nearly two million residents. It is a premier public safety agency providing superior fire protection and medical emergency services to its communities.

“We are incredibly proud to establish this new partnership with the Orange County Fire Authority,” said Joann Serakowski, MSA Safety Vice President, Fire Service – U.S. and Canada. “Most importantly, we’re honored the department has entrusted MSA with the responsibility of protecting the men and women who help keep the residents of Orange County safe each day.”

Delivery of the new SCBA units is expected to be completed in 2025.

About MSA Safety
MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2024 revenues of $1.8 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a team of over 5,000 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

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NaaS Technology Inc. Announces Completion of ADS Ratio Change

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BEIJING, April 28, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announces that the previously announced change of the ratio (the “ADS Ratio”) of its American depositary shares (the “ADSs”) to its Class A ordinary shares has taken effect at the open of business on April 28, 2025 (U.S. Eastern Time) (“Effective Date”).

The change in the ADS Ratio, from one ADS to 200 Class A ordinary shares to one ADS to 800 Class A ordinary shares, had the same effect as a one-for-four reverse ADS split. The exchange of one new ADS for every 4 previously-held ADSs occurred automatically upon effectiveness, with the previously-held ADSs cancelled and the new ADSs issued by JPMorgan Chase Bank, N.A., the depositary bank for the Company’s ADS program.

As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be proportionally equal to or greater than 4 times the ADS trading price before the change.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com 

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-announces-completion-of-ads-ratio-change-302439804.html

SOURCE NaaS Technology Inc.

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