Palo Alto Networks grew NGS ARR 32% to $5.6B by consolidating security into multi-year platform subscriptions.
Palo Alto Networks Reached $5.6B Next-Gen Security ARR Growing 32% YoY Through Platform Bundling
Palo Alto grew NGS ARR 43% to $4.2B in FY2024 by converting 1,000+ customers to its platformization model.
Platform Consolidation and Platformization Strategy in Cybersecurity