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Latest iShares North American Tech-Multimd Ntwk News and Updates
How Did Palo Alto Networks’ Deferred Revenues Rise 70% in 1Q16?
Deferred revenue rose 71% on year-over-year basis to $804.5 million while billings rose 61% to $388 million.
Cisco Partners with Philips to Sell ‘Smart’ Lights
Cisco (CSCO) is looking to increase market penetration in the IoT domain. In December 2015, it announced its partnership with Koninklijke Philips NV (PHG).
How Do R&D Expenses Compare for Cisco, Juniper, and Palo Alto?
In 3Q15, Palo Alto’s (PANW) research and development (or R&D) expenses increased to $60 million from $37 million in 3Q14 and $20 million in 3Q13.
Why Palo Alto Networks’ Security Appliance Market Share Could Rise
Palo Alto Networks, which operates in the cyber security space, is growing fast. The industry is expected to grow from $77 billion in 2015 to $170 billion in 2020.