10/10/2024 | News release | Distributed by Public on 10/10/2024 09:11
Read the 2023 Forrester Consulting Total Economic Impact™ Spotlight study commissioned by Palo Alto Networks to learn about a major component in our family of Next-Generation Firewalls: Cloud Next-Generation Firewalls (Cloud NGFW). According to the study based upon extensive surveying and in-depth interviews using Palo Alto Networks Cloud NGFW, a composite organization experienced a 163% return on investment (ROI) and a net present value (NPV) of $3.7 million over a three-year period. This cloud-native service, designed for AWS and Microsoft Azure, provides enhanced visibility, control and integration to protect workloads in public cloud environments.
According to the report, 87% of the 158 survey respondents use these managed cloud firewalls. In the study, Forrester Consulting explored the benefits, costs and risks of adopting Cloud NGFW.
Quantifying the Impact
In addition to the ROI and capability to have cybersecurity pay off, the study quantifies specific areas of savings and efficiency, such as:
Why Organizations Choose Cloud NGFW
So why are organizations turning to Cloud NGFW? According to survey findings:
Key Results of Adopting Cloud NGFW
Several critical outcomes for the composite organization using Cloud NGFW include:
Palo Alto Networks Cloud NGFW offers organizations a powerful solution to safeguard their cloud environments without sacrificing performance or control. Cloud NGFW proves to be a valuable investment for any organization seeking to navigate the complexities of cloud security. Read the Forrester Consulting Spotlight study to learn more, or get started with a free 30-day trial for Cloud NGFW for AWS or Cloud NGFW for Azure.