Earnings, Insights, and Innovation: Palo Alto, IBM, Lenovo, and Hammerspace - Infrastructure Matters, Episode 32
In this episode of Infrastructure Matters, Camberley Bates, Steven Dickens, and Krista Macomber discuss recent developments in the tech industry, including Palo Alto's earnings revision, IBM's security report, Lenovo's earnings, and Hammerspace's new Hyperscale NAS release. They delve into the implications of these developments for cybersecurity, infrastructure, and AI. Key points discussed include: Palo Alto Networks lowers earnings expectations, causing a stir in tech and financial markets. Stock value increased due to cybersecurity focus. Shifting towards a platform approach may lead to short-term pricing sacrifices but is a wise long-term move. The X-Force Threat Intelligence Report by IBM reveals cybersecurity trends, with a focus on cybercriminals exploiting user identity. Attacks on critical infrastructure are a concern, emphasizing the need to prioritize cybersecurity basics like patching and multifactor authentication. The report suggests that attacks on AI yield limited returns, indicating that AI in security is growing but not yet a primary target for cybercriminals. Lenovo reported a record PC market share and year-on-year growth, with 42% of revenue from non-PC sources. They have a strong presence in the cloud, collaborate with Digital Realty for AI in data centers, and released Hammerspace's Hyperscale NAS which addresses high-performance data storage in AI environments.