PANW - Palo Alto Networks and Accenture Team to Secure the GenAI Transformation Journey | Benzinga
New offerings powered by Precision AI™ by Palo Alto Networks help organizations accelerate AI adoption securely
NEW YORK and SANTA CLARA, Calif., May 13, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW) and Accenture (NYSE:ACN) today announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI™ technology from Palo Alto Networks and Accenture's secure generative AI services to help organizations embrace the potential of AI with unparalleled cybersecurity.
The use of GenAI is accelerating rapidly, presenting both challenges for organizations with the rise in AI-generated cyberattacks and opportunities for transformation. In a recent survey from Accenture, 97% of organizations responded that they expect GenAI to be transformative, but only 31% have invested significantly — organizations struggle to scale AI effectively while mitigating risks. Palo Alto Networks and Accenture are working together to help solve this for joint clients, enabling them to work toward a secure AI future through intentional design, deployment and use of AI that creates value while also improving cybersecurity outcomes.
Nikesh Arora, chairman and CEO at Palo Alto Networks, said:
"AI is transformational to every aspect of the enterprise business when used the right way. With Accenture, we're uniting Precision AI-powered solutions and services expertise, helping our joint customers use the best of AI to create value for their business today and in the future — with better real-time security outcomes. The expansion of our partnership underscores the critical importance of a strong AI ecosystem for customers."
Karthik Narain, group chief executive — Technology at Accenture, said:
"Generative AI is being adopted by companies across industries as the #1 lever for reinvention. It is also a moment of reinvention for cybersecurity – creating new risks, but also providing new tools. Accenture and Palo Alto Networks are helping clients confidently navigate each phase of their AI journey, ensuring cybersecurity is prioritized right from the outset."
Palo Alto Networks Secure AI by Design creates a secure AI ecosystem that prioritizes the integrity of AI security frameworks, improves security compliance and minimizes data exposure. Accenture will offer comprehensive AI diagnostic services powered by Palo Alto Networks ...