Latest news with #RISE
Yahoo
9 hours ago
- Business
- Yahoo
Should You Buy, Sell or Hold ZS Stock After a 46% Rise in 3 Months?
Zscaler, Inc. ZS shares have climbed 46% in the past three months, outperforming the Zacks Security industry's return of 10.7%. ZS stock has also outperformed its industry peers, including CyberArk Software CYBR, Palo Alto Networks PANW and CrowdStrike CRWD. Shares of CyberArk, Palo Alto Networks and CrowdStrike have risen 8.3%, 4.8% and 23.2%, respectively, over the past three months. With Zscaler's massive rise in the past three months, investors now face a key decision: Should they hold on to the stock or book a profit? Image Source: Zacks Investment Research Zscaler has achieved multiple milestones in 2025. ZS launched the Asset Exposure Management solution to enhance organizations' asset risk management capabilities. Zscaler has also partnered with SAP to integrate its Zero Trust Network Access service, Zscaler Private Access, within SAP's RISE framework. This integration will enable enterprises to reduce their reliance on traditional VPNs and firewalls and simplify cloud migrations while complying with evolving regulations. ZS has also expanded its capabilities inorganically with the acquisition of Red Canary, which is a leading provider of Managed Detection and Response solutions in security operations. The organic and inorganic expansion of capabilities is enabling Zscaler to match the rising threats of nation-state cyber warfare, ransomware extortion and increasing incidents of malware attacks. Zscaler is also enhancing its portfolio of offerings with the integration of artificial intelligence (AI) in its products. Zscaler partnered with NVIDIA and integrated NVIDIA's AI technologies, including NIM inference microservices, NeMo Guardrails and Morpheus framework into its Zero Trust Security model. Zscaler partnered with CrowdStrike to leverage CrowdStrike's AI expertise in SIEM, threat intelligence, cyber risk quantification and real-time insights. With all these product and capability enhancements, the demand for Zscaler's cybersecurity solutions remains strong as reflected by its financials. In the third quarter of fiscal 2025, ZS attained a 12-month trailing dollar-based retention rate of 114%, driven by larger bundle sales and robust upsells. Remaining Performance Obligations, which represent committed, non-cancelable future revenues, were boosted by 30% year over year. At the end of the third quarter, the company had 642 customers with $1 million or higher annualized recurring revenues (ARR). Zscaler's customer count for ARR of more than $100,000 reached 3,363 at the end of the third quarter. Zscaler is rapidly enhancing its GovCloud solutions to receive approvals from the governing bodies. ZS is expanding its presence among government agencies through compliance with government security standards. Zscaler has enabled numerous government agencies to utilize AI-powered Cloud Browser Isolation and IPv6 for secure connectivity, mainstreaming its GovCloud solution among its federal clients. In the last reported quarter, Zscaler reported that it is serving 14 out of 15 U.S. cabinet-level agencies. As more government agencies use Zscaler's products, the company's presence in the public sector could expand, providing a stable growth stream. Zscaler's recent inclusion in Amazon Web Services' Internet Control Message Protocol, which will ensure that Zscaler's cybersecurity solutions will now be readily accessible to U.S. federal agencies, furthers its reach among federal agencies. Zscaler faces intense competition from other established cybersecurity players, including Palo Alto Networks, CyberArk and CrowdStrike. Zscaler Internet Access and Private Access face competition from Palo Alto Networks Prisma Access, Prisma SD-WAN, CrowdStrike Falcon Zero Trust, CyberArk Secure Web Sessions and CYBR Identity Security Platform. To survive in the highly competitive cybersecurity market, Zscaler is continuously investing in broadening its capabilities. Over the past few years, ZS has invested heavily to enhance its S&M capabilities, particularly by increasing the sales force. Unfortunately, its aggressive investment in S&M and R&D might weigh on its near-term profitability. Zscaler now expects its non-GAAP earnings per share for fiscal 2025 in the band of $3.18-$3.19. The Zacks Consensus Estimate for Zscaler's fiscal 2025 earnings is pegged at $3.06 per share, reflecting a 4% year-over-year decline. Image Source: Zacks Investment Research Zscaler holds a premium valuation, reflected in its Zacks Value Score of F. This is further reinforced by its Forward 12-month P/S ratio of 13.92X, significantly exceeding the Zacks Computer and Technology sector's average of 5.54X. Image Source: Zacks Investment Research Although Zscaler faces challenges related to increasing expenses, shrinking margins and premium valuation, the company's heavy investment in AI, innovative cybersecurity capabilities, customer retention and long-term contracts with government agencies make the stock worth retaining at present. Zscaler carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Cision Canada
14 hours ago
- Business
- Cision Canada
DXC relaunches SAP Fast RISE offering in Mexico, powered by Microsoft Azure, to accelerate secure and local digital transformation
MEXICO CITY, June 2, 2025 /CNW/ - DXC Technology, a leading Fortune 500 global technology services provider, today announced the relaunch of its DXC Fast RISE with SAP service in Mexico. This initiative gains new momentum following the recent availability of RISE with SAP, now hosted on Microsoft Azure, expanding opportunities to accelerate a cloud-based economy in Mexico through Microsoft's hyperscale datacenter region: Central Mexico. This announcement marks a significant milestone for Mexican organizations looking to migrate their enterprise core to the cloud—particularly in highly regulated sectors such as banking, insurance, energy, and government, where local data residency is a critical requirement. By combining DXC's global experience with Microsoft Azure's local infrastructure, Mexican companies can now transform their systems more rapidly and with less complexity. With industry-specific expertise, DXC offers end-to-end cloud migration for SAP environments—enabling seamless migration, business process optimization, application management, and continuous improvement of SAP workloads. "With DXC Fast RISE with SAP, our customers in Mexico can migrate to SAP S/4HANA Cloud in less than 12 months through a clear, simplified, and well-structured path. Beyond go-live, we continue to support them by helping manage and optimize their SAP environment on an ongoing basis — enabling them to reduce operational costs, free up key resources, and prepare their platform to scale with AI and automation," said Eduardo Sarmiento, Managing Director of DXC Technology Mexico. "We see a huge opportunity for businesses to look to the cloud as a driver of competitiveness in the era of AI. This collaboration between SAP and Microsoft addresses specific needs in the Mexican market, offering greater control over critical workloads with data hosted locally," said Paola Becerra, Managing Director of SAP Mexico. "The Mexico Central data center region is the first to offer RISE with SAP on Azure, unlocking new opportunities for business and innovation. With data residing in Mexican territory, we help organizations access more agile and efficient ways of working," said Rafael Sánchez, President and General Manager of Microsoft Mexico. "The Microsoft datacenter region in Central Mexico is the first in the cloud to provide RISE with SAP on Azure Mexico, enabling new opportunities for business and innovation. Additionally, as the first hyperscale datacenter region in the country, we help keep data within national borders while enabling more agile and efficient ways of working," said Rafael Sánchez, President and General Manager of Microsoft Mexico. This relaunch in Mexico builds on a decades-long global partnership between DXC and SAP, which spans more than 1,000 clients across industries including financial services, manufacturing, healthcare, utilities, and the public sector. DXC's global team of 15,000+ SAP professionals, engineers, and industry experts deliver SAP-based solutions that help customers simplify, scale, and innovate through end-to-end SAP transformation strategies. DXC Fast RISE with SAP has already been successfully implemented in companies such as Energy Harbor in the U.S. and Whitehaven Coal in Australia — helping reduce implementation times, optimize critical processes, and prepare these organizations to fully harness the potential of artificial intelligence in their future operations. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at
Malaysian Reserve
7 days ago
- Business
- Malaysian Reserve
Malaysia, Vietnam and Singapore to begin undersea power transfer project
by AUFA MARDHIAH MALAYSIA has formalised a new tripartite energy cooperation with Vietnam and Singapore to facilitate the supply of renewable energy through an undersea transmission system. Deputy Prime Minister Datuk Seri Fadillah Yusof (picture) said the agreement marks the beginning of a regional effort that will see power supplied from Vietnam to Malaysia and subsequently to Singapore. 'This is an exchange of documents, a sign of cooperation between Vietnam, Malaysia and Singapore. Firstly, to supply renewable energy from Vietnam to Malaysia and then to Singapore,' he told the press at the sideline of the 46th ASEAN Summit, after the Bilateral Meeting: Agreement Exchange Ceremony-Renewable and Interconnected Sustainable Energy (RISE). The transmission will be carried out via an undersea cable and is underwritten by national energy firms Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB). 'The project is currently at an early stage, with detailed technical and commercial discussions to follow,' he added. Fadillah added that the initiative will eventually be integrated into the ASEAN Power Grid — a regional network aimed at enhancing energy security and connectivity — which will involve both land-based and undersea components. Meanwhile, TNB president and CEO Datuk Ir Megat Jalaluddin Megat Hassan said the cooperation represents a key step toward realising the vision of the ASEAN Power Grid by leveraging the region's potential in renewable energy generation. 'The next step for us is to go into the feasibility study and from there we will see the level and the depth of the ventures that we will be undertaking,' he said, noting that the study will start soon and will inform the public once any information is available. He added that progress updates may be available by the time the ASEAN Energy Ministers Meeting is held in Kuala Lumpur this October. In addition, Petronas president and group CEO Datuk Tengku Muhammad Taufik Tengku Aziz described the joint development agreement as a major milestone for all three countries, marking a new chapter in regional energy collaboration. 'This is a major success not just for Malaysia, but also for Vietnam and Singapore. It symbolises cooperation in an era of energy decarbonisation system and we are proud, as Petronas, to be working together with TNB, Sembcorp Industries Ltd (Sembcorp) and Vietnam Oil and Gas Group (Petrovietnam),' he said. Sembcorp is a Singapore-based energy and urban development company. It is known for its investments in renewable energy (RE) projects across SouthEast Asia, including Vietnam and Malaysia. Petrovietnam, Vietnam's state-owned oil and gas enterprise has increasingly expanded into RE initiatives alongside traditional hydrocarbon projects. Tengku Taufik added that the initiative could act as a catalyst for the ASEAN Power Grid's broader rollout in the near future.
New Straits Times
26-05-2025
- Business
- New Straits Times
Malaysia, Vietnam, Singapore seal energy deal as part of Asean Power Grid
KUALA LUMPUR: The Renewable and Interconnected Sustainable Energy (RISE) agreement will be part of the Asean Power Grid, involving both land-based and undersea transmission infrastructure. Deputy Prime Minister Datuk Seri Fadillah Yusof said the exchange agreement between Malaysia's Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) with Singapore's Sembcorp Industries and Vietnam's Petrovietnam, aligned with the regional vision of interconnected electricity networks. "This memorandum of understanding (MoU) represents a document exchange signifying a collaborative partnership between Vietnam, Malaysia and Singapore initially to supply renewable energy from Vietnam to Malaysia, and subsequently to Singapore as well. "A portion of the supply will go to Singapore and another portion to Malaysia. The transmission will be carried out via undersea cables underwritten by Petronas and TNB," he said when met after the document exchange ceremony at the 46th Asean Summit today. Fadillah also said the exchange agreement was only the beginning and that the next stage involves working out the technical and commercial details, including the business model. Yesterday, the Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, during the 25th Asean Economic Community (AEC) Council, said negotiations on the enhanced MoU for the Asean Power Grid (APG) were set to conclude with a signing at the 43rd Asean Ministers on Energy Meeting in October. Meanwhile, Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will spearhead the first phase of an ambitious regional power grid integration plan, beginning with an economically viable connection between Vietnam, northern Malaysia and Singapore. Anwar said in the first phase, what is deemed to be more economically viable would be to connect Vietnam to northern Malaysia and the south, and then link it to Singapore through Malaysia's National Grid.
Malaysian Reserve
23-05-2025
- Entertainment
- Malaysian Reserve
RISE FESTIVAL INTRODUCES 'THE PATH' MEDITATIVE JOURNEY AND IMMERSIVE, LARGE-SCALE ART INSTALLATIONS
World-renowned artists HYBYCOZO, Whitaker Studio, and This is Loop among those to be featured at the Mojave Desert festival October 3rd, 4th and 5th, 2025 LAS VEGAS, May 23, 2025 /PRNewswire/ — As RISE Festival returns to the Mojave Desert for its 10th anniversary on October 3rd, 4th, and 5th, 2025, it is unveiling a visionary new experience for guests entering the festival grounds: The Path, an immersive, meditative journey through light, sculpture, and sound, that sets the tone for transformation before the first sky lantern is released. Anchoring this expanded artistic offering are large-scale installations by three of the world's most acclaimed visual artists: HYBYCOZO, Whitaker Studio, and This is Loop. Their towering works of light, motion, and interactivity invite guests into a shared space of awe, reflection, and play—defining a new visual era for RISE. 'This year, we wanted the experience of arriving at RISE to feel like crossing a threshold,' says RISE Art Director John Connors. 'The Path is the first step into the world of RISE—a moment to slow down, take in the surroundings, and enter a shared space that invites curiosity, reflection, and hope.' The Path: A Curated Ritual of Arrival Guests entering RISE Festival begin their journey with presence and stillness. The Path is a carefully curated experience of sculptural installations and wellness retreats designed to ground and uplift. It features: RISE Meditation Halos — beautifully designed wooden pergolas outfitted with daybeds and soft linen drapes, offering guests a tranquil space to relax, breathe, and meditate in the breathtaking Mojave Desert landscape. This serene threshold prepares the mind and body for the celebration that follows, creating a sense of purpose and intention from the very first step onto the festival grounds. New and Returning Artistic Experiences RISE's creative journey continues across the festival grounds with powerful new installations and returning favorites: 'Trillion' by HYBYCOZO – The acclaimed duo Yelena Filipchuk and Serge Beaulieu present towering geometric sculptures that explore the harmony of math, science, and natural patterns. As dusk falls, their structures radiate with internal light, casting evolving shadows that echo RISE's core themes of connection and transformation. 'Diamonds on the Desert' by HYBYCOZO – A collection of five geometric sculptures inspired by pyrite crystal formations. The largest stands over 12 feet tall. By day, their golden forms echo the desert's natural beauty; by night, internal lighting casts intricate patterns that transform the landscape into a luminous, meditative field. 'Desert Winds' by Whitaker Studio – Lyman Whitaker brings his celebrated kinetic wind sculptures—elegant, meditative works that dance with the desert breeze— to RISE, reminding visitors of their elemental bond with the natural world. 'Pulse' by This is Loop – The UK-based collective delivers kinetic, playful installations of light and energy that spark curiosity, joy, and movement—perfectly aligned with RISE's communal spirit. 'Mirrors of Reflection' by The RISE Collective – A new signature piece composed of 24 towering mirrored structures surrounding a central monolith inscribed with poetry. This striking ensemble becomes a sanctuary of introspection, poetic stillness, and shared reflection. 'Moons on the Horizon' by The RISE Collective – Two 10-foot steel moons, softly illuminated at the desert's edge, bringing a celestial glow to the landscape, symbols of duality, cycles, and the quiet mystery of the horizon. 'RISE HIGHER' by The RISE Collective – Four massive steel structures spelling out the word RISE, emerging from the desert floor, creating a bold and iconic photographic moment for festival guests. Together, these installations and The Path form a spiritual and visual gateway into RISE's milestone 10th year: a curated passage through beauty, silence, and inspiration that invites guests to fully arrive in the present moment. These immersive environments deepen storytelling and personal expression, enriching each guest's experience under the open desert sky. A World-Class Musical Lineup RISE Festival also features an extraordinary musical lineup with global icons RÜFÜS DU SOL, Calvin Harris, and John Mayer, each delivering transformative performances in one of the most inspiring natural settings on Earth. Ticket packages for the 10th RISE Festival are available in Silver, Gold, Platinum, and Diamond tiers. For tickets and more information, visit About RISE FestivalFounded in 2014, RISE is the world's largest sky lantern festival—a collective celebration that blends art, music, and light in an unforgettable shared experience in the Mojave Desert south of Las Vegas. Returning for its 10th anniversary October 3, 4, and 5, 2025, RISE is a luminous celebration of light, sound, and soul, bringing people together in a shared journey of elevation and joy. As a non-profit charitable event, RISE is a collaborative art project dedicated to advancing the arts through education, appreciation, and financial support for emerging artists around the world. Visit for more information. Media Contact:media@
