On Under the Radar today: How does Cloudflare navigate increased competition and lower enterprise spending and what are the opportunities ahead? Ever clicked into an online website only to see a pop-up that writes “verify you are human”? If you’ve scrutinised the pop-up, chances are, you might find a logo at the side that says “Cloudflare”. And if you have found the logo – then bingo – you’ve already been introduced to our guest for today. Founded in 2009, Cloudflare is a leading connectivity cloud company listed on the New York Stock Exchange. While it offers security solutions like popups to verify human users, its business spans way beyond that. The firm said it empowers users to make their employees, applications and networks faster and more secure everywhere while reducing complexity and cost. That’s through its suite of cloud-native products and developer tools for companies to develop and accelerate their businesses. Cloudflare had in November 2024 forecasted fourth quarter revenue of between US$451 million and US$452 million, lower than the analysts’ average estimate of US$455.7 million based on data compiled by LSEG. The expectations came amid intensifying competition among cloud and cybersecurity players and as enterprises dial back on expenditures as they look to an uncertain global economy. But how does the firm assess its current operating environment and what does the road ahead look like for it? Glad to be joined in the studio by Ben Munroe, Vice-President of Marketing, Asia Pacific at Cloudflare. Many thanks to Ben and Jingyi Lee (Sandpiper) for joining us on MONEY FM 89.3! Jingyi also directed me to some photos of Cloudflare's offerings for easy reference (Photo Credits: Cloudflare). Catch the podcast episode on Awedio, Apple podcast and Spotify at the links below. Podcast links: https://lnkd.in/gT2es7aa https://lnkd.in/gt8K_sjw https://lnkd.in/gHe6jC9t Garmin IBM L'Oréal Shopify LendingTree Discord Matthew Prince Michelle Zatlyn Thomas Seifert Katrin Suder Douglas Kramer Dane Knecht Mark Hawkins Mark Anderson Maria Eitel Carl Ledbetter Scott Sandell Rachel Lee Ryan Ong E-Thern Ooi Gerald Chng Clara Poon Esther Lin Wen Shan Hor Joao Custodio Luanne Da Costa Dinie Mifdhal Kabin C. Aimee O. Tanya ConnollyFrankco Shum Michael Bin Camy Ooi Oliver M.
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Thanks for bringing on Cloudflare. I owe them tons for proving that I'm human. :)
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