When Nikesh Arora took the reins of Palo Alto Networks in June 2018, the American cybersecurity company claimed a turnover of 2.3 billion dollars and weighed 20 billion on Wall Street.
Four years later, Palo Alto has risen to the top tier of global cybersecurity companies.
Its market capitalization exceeds $50 billion and its annual revenue has doubled to $4.3 billion at the end of 2021.
After ten years at Google and a stint at Softbank, Nikesh Arora enters this industry with a fresh eye.
"There was a problem.
With a market of 150 billion dollars per year, the biggest security players capped between 1% and 2% of market share”,
he explains to
Figaro
.
An anomaly compared to other technological sectors, where the main leader manages on average to capture 20% or 30% of the market.
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