XSIAM is PANW's AI-powered security operations platform, designed to replace traditional SIEMs (Splunk, QRadar, Sentinel). Launched in 2023, it has grown to 600+ customers with average ARR exceeding $1M per customer. XSIAM uses ML/AI to autonomously detect, investigate, and remediate security incidents. The platform processes 36 petabytes of data daily. Cortex AgentiX provides autonomous remediation. The bear case: Microsoft Sentinel and CrowdStrike are rapidly catching up in AI-powered security operations.
XSIAM has 600+ customers with average ARR exceeding $1M, making it one of the fastest-growing enterprise security products