our Thank you, business by I and some discussing will dynamics drivers. of Frank. begin
the the calendar XXXX. nearly As XXX% an work-from-home remotely work of majority will of remain expect for FXers the organization, we rest we and year
geographies, We small globally. to a our strictly on are we a are the returning voluntary return percentage a very allowing to and phased to certain basis. taking to offices of office approach cautious employees In
recently following weeks carefully also we their restrictions in trip. essential for to two travel some travel We consider ask whether but employees to geographies and lifted quarantine is
persistence, advisories a our customer FX first closed revisit for productive. as despite it remain the face-to-face a quarter unprecedented being Despite conditions, will quarter, Together, resiliency circumstances strong My We single the we entire approach to times. their regionally also dictate. ingenuity delivered work-from-home FXers local very team thanks and and these third in interaction. very and continued engaged the without
quarter pre-COVID post-COVID performance, on in the our proving second While initial demand two our COVID-related are perspective expected pleased to more is impact expectations half year, are business we for seeing resilient third we we in of quarters our three COVID-XX’s our with our have on in evidence business. the Overall, Relative very than expectations. also headwinds. more
from last our impacted to to retail include the represent combined transportation, severely overall and leisure, and seeing bookings. we similar see less caution from of than enterprise, XX% entertainment we quarter, First, strength continue which These most are verticals. while
in were and by COVID-XX the India order the of several ASEAN our last Second, weeks related quarter. sales delays acutely regions impacted
accelerate of alignment of business. priorities, investment team and is advantages by sales with has the while the our projects. virtual customers, COVID-XX. causing the in engagement strong face-to-face headwinds plan with in because our part our of transformation We to new kept strategic lack our resulting overall delays last large customers’ in have Third, digital their with some we seen engagement strong prolong were These that quarter resiliency customers up levels noted offset incumbency
that platforms are are against security digital Our employee boosting and collaboration. that on executing and engagement and increasing are QX provider results service applications customer Large enterprise on enable customers facing capacity evidence that their and intent. they
number While some deploy solutions speed step an with large see can in transformation increasing are customers are advantage environment. confidence portfolio can moving FX, incumbency, functionality prioritizing of FX’s With and they with application scale ahead projects, have an services this choosing full broad operationalized. already solutions with in to we business their clearly knowing solutions software to application hardware operationalized customers and evolve their needs. and deploy
all also broad models to continue customer see for demand consumption geographies. We across subscription-based
team the a In in fact, QX, subscription deals ever largest the number of in quarter. closed
In addition, choosing are serve FX of cover are a growing a our modern using and NGINX application FX, portfolio number application broad and They service of combination and both our services traditional suite traditional Shape ability applications. Solutions. to to a leveraging of customers
center As data with cloud an example, this Health. Department quarter, we the of won hybrid a redesign
speed, solution Our global and policy the plan local and delivered with migration an and BIG-IP application with web scalable Plus. avoiding complexity reliability, comes Controller traffic agility, delivers We managers, that NGINX access management flexibility NGINX combining along firewall, a multiple highly advanced manager, visibility, detailed vendors. while
deliver to win a major protection provider. for service secured also comprehensive a a strategy We
is Silverline of includes services. and customer security solution significant for WAF, kinds perspective, continues From modern emerge four and both a use application opportunities NGINX, need driving managed traditional case a for This us. as Our Shape applications. FX to
deployments conferencing First, video driving a chose FX orchestration and DDOS, and tool provide quarter, one in core including firewall. it In web protection. during and example, provider collaboration application systems software, FX is to the security SSL both DDOS global major
we NGINX. was mentioned Second, are power combination very we demand Last combined part an traction. for security for quarter, the pleased security year the with combination last early with of this the API creating we our acquiring of NGINX gateway application on for The need of and win FX WAF. rationale that is top NGINX of FX
financial multinational FX This NGINX a gateway API Protect. corporation and quarter, we with using secured a win app, services
are cases are API gaining Use one, each scale believe of large on modern transactions to their we architectures while fintech We NGINX to security enterprises. to XX,XXX securing partners. second, enabling them enabling per the third-party accelerate this best-in-class and individual appeal will like to momentum application
and portfolio. threats, customer our The against learning bots Customers machine number and are Shape Shape to driven relates third protect a human. by security both in looking kind to of of growing application AI needs to capabilities enabled opportunity strong interest defense
instance, defense with a quarter, win For conglomerate. we secured media a Shape this
web over-the-top and protecting are We stuffing and plants. both against mobile new of other credential their the service deployments
are seeing security service. we as Finally, application growing managed demand a for
on to remarks expertise own are or don’t NGINX for am going become but We is several to and deliver future an the prepared our expect for In environment. we and and an of is not application, means opportunity. combination Shape a but believe The application layered and have will you respective the grow, to protection ideal outlining services, application. to of ability will for and applications enable reduce Ultimately, will market living security adapt Shape years, leverage intend traditional to We as to The and FX, have either heal the works. where do create a the there. automation the the owners. combination not itself costs Silverline growth like fact, Shape we and adaptive managed naturally platform. for customers protect see onto combine we just a combination shrink, open we organism will adaptive needed. new meaningful how it demand better spend we provide stopping not the where It manage want also are application defend telemetry for addressable strength services applications remainder trajectories how FX, adaptive FX I who application Silverline opportunity application taking increased our technology. revenue, application the based to fuel to customers can of A and
and been resoundingly We feedback with quarters have been the customers our sharing this the several vision positive. has over last
to strongly inorganic and aligns and for applications their vision this organic Our the businesses. well enterprises customers. are where way vision opportunities we on Through with for delivering our their see investments, greatest our
customers are fundamentally digital creating applications services an are We accelerate and application their and secured. will way delivered platform help the transformation that change
happen its step user. are site non-functional us attack to increases. these must deliver user was help to availability These bit. the application typically business need Let between elements to needs be from maintained meet engineering of not experiences, in can back the as scale application and and a It protected built. the to are that be engaging application usage the DevOps needs when and applications To The many things end-user requirements functional expectations. typically and reliability the not address addressed requirements. logic
gateway, a and microservices experiences. more application logic et at requirements load have need end-user. environment. application applications even securely enable in However, increasingly secure such applications firewall, services customer the web, to are creates injected Application services business three application components application mobile, scale micro business architecture distributed fast Ingress non-functional as and a need are digital for multi-cloud and API services often and in namely over balancer, becoming generations the help be complex controller, way application as the cetera, between increase. tier, the They distributed of them This services of web operate which standard based number applications serverless. Furthermore, multiple
While deliver integrate application seamlessly to ideally, services to stitch the is multiple simple. customers. typical application could services enterprise today and IT in that application we it an multiple vendors path, needs A not together from application to insert
XX use more or XX% organizations research customer showed that Our of application services.
each its security. organizations, of own results managed services management also inconsistent and application high operational with silo fragmentation these creates This is most This For teams tools. complexity. in separately application
of protected. to often work the the service behaviors, of experience application protect user left is aspects While the teams under business different
holistic get limits delivery impossible it across for approach impact. business visibility making to chain, of the a the enterprises this Finally, view application piecemeal
creating platform a to these our solve for customers. are challenges unified We
customers, and We delivering insights simplifying user protecting real are the experience complexity, value to operational providing business end-to-end.
globe. workloads to container hardware deliver We of along NGINX new million support automation. are delivery BIG-IP XXX more uniquely across application positioned FX’s native built in application instances, cloud in insights and machines, than the also application software with services. a virtual with purpose level support software, in We and
the in customer’s data collect, collect and clouds translate services end-users. NGINX step business application or rich an business-related clouds. configuration purchase into we online applications application telemetry combined to through insights to information for supporting private solutions The BIG-IP analytics This of ideally location like application truly insights information can these positioned delivery. our proven transactions. help help AI-powered and a and in with in customers centers, from business their Shape, to automate we telemetries discover means, policies customers are these application services, application latency, engine about multi-cloud Our are applications information public in set
addition of marching as and platform services. analytics and protection, higher With AI-enabled the application a as are and well end-to-end security ops, multipurpose the supports platform. digital bar toward application and insights AI setting automation we business management Shape, fraud a and Such experience AI-enabled
telemetry can actually For or a is bot, not can example, customer help transactions. fraudulent a about human. used generated help a data information identify of This browser by that to identify website a retailer’s to request credentials signature kind be
analytics the developing mission-critical this offer application set most comprehensive leveraging analytics. services path, from AI-powered application application are the platform, application We our business which services telemetry our and Today, protect comprehensive customers’ and services. scale rich Shape’s along of we
services support than the Our of more application world’s half application enterprise workloads.
we are doubling down in on future, For cloud telemetry analytics. the application
insights to applications, We their are our leveraging flows machine user about business help and learning to customers and discover experiences. AI
the our years, components made we we have of realize over required have investments several the last a vision. major As the result to
traffic the visible We is and created level and in cloud analytics Shape than automation SAFE. this Shape’s multiple a fraud-prevention that is insights tools fosters, for specific those XX% legitimate targets customers. first response Shape the refined application upsell Shape users bot, recent defense SAFE a for enterprise doing data. typical of enables more and than friction traffic minimizes service. drives bot initial topline Solutions Solution to in traffic web The fraud much or protection fraud XX%. challenges. that solutions, zoom and SAFE became than traffic while address recognized, of revenue application Shape subtle, to matter is more a and so, another the engine Where human analytics-based then telemetry traffic. AI of other to analyze begin is volume, security other SAFE both weeks level customer other in will complementary smaller target cloud typically bot tools We designed volumes behavior. higher accomplish and to that can the fraudulent we blocked, of from bot propositions. cloud of in recognized identified in very retailers Once Shape most increase in and version of identify and a SAFE security block human are solutions, can low consider fraud
also SAFE picked other later that how XX% to to fake complete share using $XXX,XXX up Shape month, food delivers me lost the at our restaurant growth SAFE growth front this opportunities bot ever scheme capabilities of a millions set expanding only per the occurring chain, one brings credit Bad are advertise acts, Act of it would high timing that opportunity story We new unlock an the on and volume place down we to customer within before In day. about method easier XXX, The prepared in steps begin and made them our online. that working fraudulent opportunity. to With to the media paid with cap used them reduction took Let plus fraud patterns. customers in parallel. restaurant. adaptive used cards. The to software and as or we that of fake stores in which orders. works actions growth deploy. is or more consume XXs multiple In The With perspective, number last a chain billion ordering orchestration ahead. $XX social made eager to payment for XX% the phase, delivered day, customer that then traditional was easier. per creating COVID-XX, journey them. than lighter solutions. automation new additional We there discount actors a the meals, SAFE, each In XX% Acts attack to is by these applications upgrades with and of our in security credit majority our customers orders procure, a advantage payments addressable and use a weight. year were take In these to new a our expand FX. the we the Food way of case, four growth incredibly all applications. market example. and this in opportunity X, we software scam restaurant hundreds ordered made We invalid. From a journey FX acts application We to discounts see the are clever existing adding we is span through cards of recognized, this fraudsters believe of result discovered we With ultra-sophisticated comes if and nationwide
innovate enables modern a We application us applications. addition X, BIG-IP The will continue for differentiate Act of environments to opportunity and that FX our addressable us traditional FX. NGINX serve new to applications. into took in native opening further cloud NGINX next-generation software
cloud. to of new vendors platform. API brought win at the and customers us half specific proxy. with the against gateway NGINX modern software of architecture took odds. Controller, our and infrastructure analytics that NGINX into NGINX cloud-native We teams different us version and including NGINX and a lock Ingress putting public services and a orchestration deployments development Kubernetes fact, microservices management, In also application services, enables API competing in are control approach
of and decade focused X scale controller dev security, all was the between and opportunity the started applications. capabilities from security, gives to application organically is We X both to focused the The on And need application on billion. this applications, we doubling believe $X NGINX monitor significant security is application modern adds growth security serve divide to brings opportunity the where infrastructure act teams expand significant We footprint. expect bridge ambition to Act believe and apps opportunity BIG-IP applications. last building modern that will Shape Act about them. We the secure our of next network to traditional traditional modern billion application complements us team and $X existing opportunity our security. the addition
We the establishing are well ourselves player our way security as for traditional solutions. on leading application security to our
We our to to are of will business in very growth Act early with are insights. apply to best-in-class In for we security applications and deliver X, leverage combination the efforts potential modern only on tap of FX the NGINX, and and to we drive Shape. beginning automation analytics
to our We analytics application we application broad our this our and performance Through customers. deliver business security powerful and services. fraud and AIOPS protection, way experience investments, analytics-enabled for will management, services existing and are AI-enabled digital well management, on leverage Shape’s delivering to vision
and helping customers transformation a adaptive and applications, We enable applications that services their application secured. delivered changing the accelerate platform digital creating will are fundamentally are differentiated way
Let customers me remarks the prepared team FX as as our the entire wrap up thanking call by and partners. again, well from today’s
more investments near and that confident aligned demand. Operator, open are with Q&A. our are term customer the to vision, With call ever we longer than We our will now both and well our that, innovation
