Jay Chaudhry’s Post

I had an incredible interview with Joubin Mirzadegan, host of the Kleiner Perkins Grit Podcast, where I had a candid conversation about what it takes to create, build, and scale world-class organizations, like Zscaler.    Great ideas are a dime a dozen, but it takes a special kind of conviction and intestinal fortitude to transform those ideas into reality. I’m very thankful to my family who taught me the importance of hard work, determination and dedication. In an interesting way, it was advantageous for my career that my family had no money. By virtue of that, I had no attachment to money; there was no feeling of “I must buy this” and that mentality hasn’t changed. With no attachment to financial wealth, I felt unencumbered to take risks. In this episode, Joubin and I discuss a wide range of topics from my life as a serial entrepreneur, the impact my wife Jyoti had on our success, scarcity and risk, wasting time, bonding walks, self-confidence and self-criticism, gardening, seven-minute aerobics, Marc Andreessen and Netscape, to IBM.   Thank you, Joubin, for the opportunity to share my perspectives. Please listen to the podcast on Spotify https://lnkd.in/gp5UBjF5 or on Apple Podcast https://lnkd.in/gbgQmizc

I had the opportunity to have a sit-down interview with T E Raja Simhan from The Hindu businessline, one of the most prominent business publications in India reaching more than a million daily readers. In the interview, I reflected on my life and career journey over the last 60+ years, and it is clear big things can emerge from humble beginnings. During the interview, I shared my life story starting in a small village in Himachal Pradesh to founding Zscaler, the largest cloud security company in the market. It is immensely satisfying that Zscaler is the de facto security platform that protects the largest companies in the world, including Tata Steel, FedEx, and CVS Health from the growing threat of cyberattacks, with a global workforce of 7,000 and over 8,000 customers. Despite many hardships in my formative years, I was hyper-focused on my studies, and I was fortunate in securing a scholarship that took me to the University of Cincinnati that helped solidify my path forward. I am amazed by the impact Zscaler has made in the business world and on a more national level, I am honored by the significant impact Zscaler has made in India, serving major companies like Godrej, Tata Steel, and Aditya Birla, as well as government entities. We have recognized India's vulnerability to cyberattacks and have proactively invested in a large locally-based security research team to proactively address emerging threats. As customers in India and globally increasingly prioritize cybersecurity, Zscaler has witnessed significant growth and we are now one of the largest financial institutions’ trusted partners. I am proud of our growth trajectory, where  Zscaler has now achieved an annual recurring revenue of more than $2 Billion in annual recurring revenue, doubling the previous metrics in just a few quarters.   Please take a moment to read the article by The Hindu Business Line to get the full story. https://lnkd.in/gN8SXYDr 

Zenith Live EMEA was incredible last week! Being on stage with our remarkable customers fills me with immense pride in the collective accomplishments we’ve achieved over the past few decades. I want to express my gratitude to each of our customers who joined me on stage, here are a few snippets from what they shared: – Burce Gültekin, Global CIO of Royal FrieslandCampina, expressed the importance of having Zscaler as a partner in their mission to navigate the future of dairy. She emphasized the need for technology, data, and AI in the future of the dairy industry highlighting that “keeping IT simple, secure, safe, and sustainable by taking the cost out, by taking complexity out, [this is] where Zscaler is a very important partner for us in doing so.” – Adam Raeburn-James, CTO and VMO of Unilever discussed Unilever’s journey with Zscaler in the context of their move to the cloud, highlighting the benefits of moving to the cloud, such as technology flexibility, access to innovation, and cost reduction. Adam shared that their transition from a traditional network infrastructure to Zscaler's Zero Trust approach, starting with ZAA deployment during the start of Covid-19 in early 2020. “That was the start of the journey and it was amazing to see. The company never missed a beat. It was unbelievable.” – Dr. Stefan Henkel CIO of Siemens Healthineers shared their mission to pioneer healthcare breakthroughs with focus on patient treatment and precision therapy. He highlighted  the significance of market, geopolitical, technology, compliance, and cybersecurity factors in their business strategy. Dr. Henkel spoke about Zscaler's support in identifying anomalies in the network, micro-segmenting the network, and achieving robustness: “We need Zscaler to find out how we can better, let's say micro segment our network. How we drive this into the intelligent service reconfiguration.” 

It was amazing to see so many industry leaders, valued customers and esteemed partners last week at Zscaler's Annual Zenith Live conference in Las Vegas! I had the pleasure of opening up our conference and speaking about the intersection of Zero Trust and AI. Customer Obsession is one of our key values and I want to thank a few of our valued customers for joining me on stage during my keynote to share their stories about moving to a firewall free enterprise and their adoption of Zero Trust:   – Gene Sun, Corporate VP and CISO, FedEx – Frank M., Vice President of Digital Workplace & Security Delivery, CVS Health – Sankha Nagchoudhury, SVP, Digital Technology Operations, ServiceNow I also want to thank Sunil Potti, VP/GM of Google Cloud Security, for joining me on stage to announce Zscaler’s Partnership with Google to Deliver Secure App Access, Data Protection and Security Insights. I’m thrilled with our partnership and the promise of what we can do together globally with Zero Trust Technology! Disruptive technologies like cloud, zero trust and advanced AI tools are accelerating secure transformation for companies to gain a competitive advantage, but oftentimes the fear of the unknown leads to inertia and can hold companies and individuals back. It's a growth mindset, driven by curiosity, that propels companies and individuals forward. By investing the time to join us at Zenith Live and learn from our visionary leaders and their peers, we are cultivating the conviction needed to confidently embrace change. I extend a heartfelt thank you to our forward-thinking leaders and partners for their invaluable contributions!

WATCH Jim Cramer's Conversation with Me Here: https://lnkd.in/g_qHhR8D It was great to join Jim Cramer on CNBC’s Mad Money to discuss our stellar Q3 results and cybersecurity advancements. Zscaler is delivering innovative AI and #ZeroTrust architecture solutions to a growing set of enterprise customers which provides better security and user experience, while saving on capital and operational costs. Legacy cybersecurity vendors are on the defensive worried about cannibalizing their firewall and VPN revenue. Zscaler continues to perform for our customers and our investors. We also discussed how it's not only a business, but it’s a mission for us to protect over 40% of the Fortune 500 and federal agencies, like the DoD. Thank you, Jim, for having me on the show. It was great speaking with you again.

Please join me at Zenith Live in Las Vegas (June 10-13) or at The Hague, Netherlands (June 17-20) where we will showcase the latest in AI and Zero Trust innovations that will help you reduce risk, complexity, and cost through expert-led sessions. You’ll benefit by learning from your peers and industry leaders while you network, collaborate, and share the latest insights in cloud security. This is an opportunity to sharpen your expertise with hands-on workshops, trainings, and certifications. Please register via the following link: https://lnkd.in/gQCirmRR  I look forward to seeing you soon.  #ZL2024 #ZeroTrust #GenAI #AI

I am very pleased to share that Zscaler delivered outstanding Q3 FY24 results. Revenue grew by 32% year-over-year, total billings grew by 30% year-over-year, and our $1 million-plus ARR customers grew by 31% year-over-year. As threat actors evolve and continue to exploit firewall-based security, #ZeroTrust security remains a top IT priority, and an increasing number of enterprises are adopting our platform. We are accelerating our platform expansion with organic innovations and strategic acquisitions.  To scale us to $5 billion and beyond in ARR, we are scaling our strong go-to-market team. We are hiring experienced leaders and professionals to capture our large market opportunity. I am excited about the journey ahead and look forward to Zenith Live, our annual user conference, where we will share how Zscaler is combining the power of Zero Trust with #AI to power the future of secure digital transformation.

Last week, I had the pleasure of attending the Dallas Evanta, a Gartner Company CIO summit, where I engaged in a thought-provoking discussion with Steve Williams, the Chief Information Security Officer of NTT Data. Our conversation centered around the transformative power of Artificial Intelligence and Machine Learning in the realm of Zero Trust. With the advent of AI and ML, we delved into the crucial task of comprehending and overseeing a company's attack surface. As leaders in the corporate world, we emphasized the need for agility when confronting cyber threats. Steve astutely observed the profound impact of eCrimes in today's digital landscape and praised Zscaler for its ability to offer valuable insights into user experiences, as well as identify common issues in specific geographical regions. Thank you for a great discussion Steve and to Evanta for hosting a thought provoking event! If you’d like to read more about my observations and predictions on AI/ML, please read my blog here: https://lnkd.in/gw9qvZCC.

Response to Broadcom Rumors Rumors have been circulating in smaller trade publications and websites that Broadcom is in discussions to acquire Zscaler. I want to set-the-record-straight that neither I nor the Zscaler board of directors are seeking or entertaining any offers to acquire Zscaler. Any reports stating otherwise, are untrue. Zscaler is at the forefront of a major technology disruption, and I believe that we are in an excellent position to lead the future of zero trust security. Zscaler investors and others should note that we announce material information to the public about our company, products and services and other issues through a variety of means, including our website (https://www.zscaler.com/), our investor relations website (https://ir.zscaler.com), our blogs (https://lnkd.in/gMer9V2Y), press releases, SEC filings, public conference calls and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We encourage our investors and others to review the information we make public in these locations as such information could be deemed to be material information. Please note that this list may be updated from time to time.

I’m proud to share that Zscaler has been hiring some of the best of the best talent across the globe. Big congrats to Mike Rich for hiring top sales executive leadership in America, EMEA and APAC. I’m inspired by this team and excited for what’s to come: together we will continue to support our customers and partners to ensure the exchange of information is always secure and seamless! #Zscaler