![]() ![]() If one customer is the target of hackers, its platform will learn from that event and updates Falcon to make all of its users protected against that specific hack. Its AI platform learns from events and potential threats to its customers every day, which automatically update its software to protect all users against every attack. Historically, most of cybersecurity was designed to spot specific viruses and cyberattacks, but hackers are always making new ways to ambush people, corporations, and even governments, making legacy cybersecurity offerings outdated, making users exposed to new ways of attacks.īased on this industry background, CrowdStrike went a step forward and provided a cybersecurity solution capable of using vast amounts of data through a single platform, being to some extent an intelligent machine that is constantly evolving through its Artificial Intelligence (AI) capabilities. The company performed its IPO in 2019, currently has a market value of about $39 billion, and trades on the NASDAQ stock exchange.Īccording to the company, when CrowdStrike was launched cyber attackers had an edge over legacy cybersecurity products that could not keep pace with the rapid changes in technology, providing a business opportunity for a different company that could offer a better solution. Based on this business premise, CrowdStrike developed the Falcon platform, its main product, a solution tailored for the cloud era being the first multi-tenant, cloud native, intelligent security solution to detect threats and stop breaches. ![]() Business OverviewĬrowdStrike is a cybersecurity company, founded in 2011, that wanted to change how cybersecurity was offered to customers and provide a solution for the cloud era. ![]() CrowdStrike ( NASDAQ: CRWD) has the potential to be one of the long-term winners in the secular growth trend of cybersecurity, due to its unique position in the industry and exposure to the faster growing segments of growth over the coming years. ![]()
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