Palo Alto Networks Enterprise Security Platform Boosts Productivity and Saves Over $500,000 in Operational Costs

Santa Clara, Calif., – April 29, 2015 – Palo Alto Networks® (NYSE: PANW), the leader in enterprise security, today announced that OSRAM has selected, deployed, and standardized its security infrastructure on the Palo Alto Networks Enterprise Security Platform. OSRAM is one of the top two light manufacturers in the world with revenues of nearly €5.1 billion in 2014 and more than 34,000 employees. Palo Alto Networks is enabling the company to control applications, increase security, and lower IT management costs.
 

QUOTE

  • "Since we standardized security on Palo Alto Networks, we deliver faster and better service to our business units, more securely and more accurately, and with fewer resources. What used to take a half a day to do now takes seconds. We were totally surprised by the capabilities of a modern, application-based security system like the Palo Alto Networks Enterprise Security Platform. It's a sophisticated, but simple-to-use offering that works so well we didn't look at any other options. There's no way to put a dollar figure on the true value we have realized from the state-of-the-art Palo Alto Networks platform that can support current, new, and future business needs for us.”

– Steffen Siguda, ‎Corporate InfoSec Officer and Data Protection Officer, OSRAM

Palo Alto Networks has elevated security and streamlined network management to enable OSRAM's IT team to respond 10 times faster to internal requests, and cut troubleshooting times in half. OSRAM also reports saving $100,000 per year on hardware and software costs, $20,000 on maintenance and support, and a reduction of 50% in its IT workload.

The company tested the Palo Alto Networks Enterprise Security Platform for two weeks and quickly determined that it offers more functionality and benefits than legacy, port-based security products. OSRAM appreciates the advantages of the Palo Alto Networks platform, which consists of a Next-Generation Firewall, Threat Intelligence Cloud, and Advanced Endpoint Protection.

OSRAM's deployment includes Threat Prevention with IPS, URL Filtering (PAN-DB), WildFire, Panorama, and GlobalProtect™. Panorama, Palo Alto Networks centralized management system, enables OSRAM to easily manage all of its distributed security devices and web policies from just one location and one interface.

WildFire provides the company with integrated protection from advanced malware and threats by proactively identifying and blocking unknown threats commonly used in modern cyber attacks. Palo Alto Networks GlobalProtect extends OSRAM's secure application enablement policies to all users regardless of location or device used for access.

About OSRAM

OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, electronic control gear and opto semiconductors such as light-emitting diodes (LED) – as well as luminaires, light management systems and lighting solutions. OSRAM has more than 34,000 employees worldwide and generated revenue of more than €5.1 billion in fiscal 2014 (ended September 30). The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. The company was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013 (ISIN: DE000LED4000; WKN: LED 400; Trading symbol: OSR). Additional information can be found at www.osram.com.

 

ABOUT PALO ALTO NETWORKS

Palo Alto Networks is leading a new era in cybersecurity by protecting thousands of enterprise, government, and service provider networks from cyber threats. Unlike fragmented legacy products, our security platform safely enables business operations and delivers protection based on what matters most in today's dynamic computing environments: applications, users, and content. Find out more at www.paloaltonetworks.com.

Palo Alto Networks and the Palo Alto Networks Logo, GlobalProtect, Panorama and WildFire are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners.

Contacts:

Jennifer Jasper-Smith
Head of Corporate Communications
Palo Alto Networks
1-408-638-3280
jjsmith@paloaltonetworks.com