Palo Alto Networks, Accenture Team for New GenAI Offerings

Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) today announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AITM 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.

"AI is transformational to every aspect of the enterprise business when used the right way, said Nikesh Arora, chairman and CEO at Palo Alto Networks. "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."