BradReese.Com Cisco Hardware Quotes Call Toll Free 877-549-2680 or 828-277-7272

Home About Repair Power Supplies Refurbished Blog Quick Links Site Map Contact Us

 
Brad Reese speaks out
Learn more about Brad Reese...
Archive
  Help

Aironet

Power Supplies

VoIP Gateways

Cisco Repair

Refurbished Cisco

Cisco CPQRGs

New Cisco

New HP ProCurve

Cisco Tools

Competitive Lab Tests

Tech Forums

How-to Tutorials

CCIE Gossip

Blogroll

 
View archive of Brad Reese speaks out

Subscribe

Palo Alto dollar revenue skyrockets +45% more than Cisco security dollar revenue

Even after buying Sourcefire for $2.7 billion, the dollar revenue growth rates of Cisco security are continually "trounced" by itty-bitty Palo Alto Networks.

Hummelstown, PA:   Thu, 5/29/14 - 10:25pm    View comments
 

Palo Alto NetworksCiscoGartner's most recent report dated April 15, 2014:

Gartner Magic Quadrant for Enterprise Network Firewalls

Clearly states:

"Cisco firewall products are selected more often when security offerings are added to a Cisco infrastructure, rather than when there is a shortlist with competing firewall appliances. In the survey to vendors, Cisco's product was the second most frequently listed as the one vendors claimed to replace the most, and it did not appear on the list of their top competitive threats

"Cisco is assessed as a Challenger for enterprises over the evaluation period, mostly because we did not see it frequently displacing Leaders based on vision or feature; also, it does not effectively compete in the NGFW field that is visible to Gartner. Instead, Gartner sees Cisco winning firewall procurements mostly through sales/channel execution or aggressive discounting for large Cisco networks when firewall features are not highly weighted evaluation criteria (that is, as part of a solution sell in which security is one component). Cisco's large firewall market share is a testament to the success of this strategy."

By the numbers, how itty-bitty Palo Alto is crushing Cisco

3rd Quarter

In the following year-over-year comparison, during Q3'FY14 Palo Alto dollar revenue grew by +$49.411 million (+45%, i.e. +$15.411 million) more than Cisco Q3'FY14 security dollar revenue growth of a mere +$34 million.

3rd Quarter dollar revenue comparison: Cisco security vs. Palo Alto Networks
(without frames)

Source: U.S. Securities and Exchange Commission
 

9-Month

In the following 9-month FY14 year-over-year comparison, tiny little Palo Alto grew its dollar revenue by +$136.226 million, that's +15% (i.e. +$18.226 million) more than the growth of Cisco security dollar revenue of +$118 million (even though Cisco spent $2.7 billion purchasing Sourcefire).

9-month dollar revenue comparison: Cisco security vs. Palo Alto Networks
(without frames)

Source: U.S. Securities and Exchange Commission
 

Quarterly

Sequentially, Palo Alto Networks has grown its dollar revenue every single consecutive quarter since Q2'FY12.

Cisco security?

Well, Q3'FY14 dollar revenue is still lagging behind Q1'FY14 dollar revenue.

Quarterly dollar revenue comparison: Cisco security vs. Palo Alto Networks
(without frames)

Source: U.S. Securities and Exchange Commission
 

Related document

Gartner Magic Quadrant for Enterprise Network Firewalls

Related stories:

Network World: Juniper; Palo Alto settle long-running firewall patent lawsuits

Rumor Cisco product development engineers penalized for reporting security issues

Cisco's switching, wireless, security and web conferencing market shares have plunged

Cisco vs. Palo Alto Networks security sales revenue comparison

Confidential slide presentation on Sourcefire acquisition by Cisco

Unconfirmed rumor Cisco offered $2.5 billion to buy Palo Alto Networks and was turned down

View the insiders cashing in IPO shares at Palo Alto Networks

Cisco's developing a next generation firewall (NGFW)

Cisco's historical financial statements confirm -$809 million discrepancy in security sales

Why did Cisco deflate its FY11 security product sales by -$382 million?

Palo Alto Networks is the culprit behind Cisco's -8.4% FY11 security sales decline

Did Cisco dump the ASA 5580 because of its HP heritage?

Padmasree Warrior is leading Cisco's sequentially declining security and switch sales
 


What's your take?

Contact Brad Reese

Brad's Favorite Story Picks

  1. How Cisco CCIEs can achieve higher pay
  2. Cisco's Nexus 9000 honcho slams famous CCIE Emeritus over Application Centric Infrastructure (ACI)
  3. Cisco buys Central Intelligence Agency (CIA) funded ThreatGRID
  4. John Chambers dumped 26% (750,000 shares) of his Cisco stake while giving Cisco Live keynote speech May 19, 2014
  5. Dave Evans Cisco's Internet of Everything (IoE) futurist/evangelist has hightailed it to stealth start-up
  6. Cisco CEO John Chambers sends letter to President Barack Obama seeking NSA reform
  7. Is it illegal to buy or sell gray market Cisco hardware with embedded software?
  8. Rumor Cisco channel VP Maria Cannon is out
  9. Cisco's 9-month FY14 revenue plunged only -$1.4 billion year-over-year
  10. Concerned that full-time Cisco CCIE proctors are not CCIE certified
  11. Top secret document contradicts Cisco's denial of NSA spy cooperation
  12. Did Cisco's videoscape czar Jesper Andersen get the guillotine?
  13. Rumor Cisco's $14 trillion Internet of Things (IoT) general manager, Guido Jouret, has resigned
  14. Cisco Systems: The greatest stock-laundering machine ever invented
  15. Cisco CCIE salaries in India have plunged -50%
  16. Vexed Cisco CEO John Chambers vows to outsell tiny Arista Networks
  17. HP OpenNFV vs. Cisco ACI
  18. Prediction: Soni Jiandani will be appointed Cisco CEO in May 2014
  19. Critique on Cisco channel partner program by former Cisco sales executive, Kevin Avery
  20. View the archive of Bloggers speak out on BradReese.Com
 
Subscribe
comments powered by Disqus

Supplement Cisco SMARTnet Contracts

 

©2014 Alliance Networking LLC - Home - About - Repair - Power Supplies - Refurbished - Blog - Quick Links - Site Map - Contact Us