Mar. 3 at 8:47 PM
Cyber budgets are holding strong, and AI is boosting deal flow, despite longer sales cycles. 💼
Wedbush reports no lost deals amid AI disruptions, with vendors like CrowdStrike and Rubrik seeing the best feedback.
Organizations are increasing budgets: a 20% jump in overall IT spending and another 20% specifically for AI, driving stronger revenue goals across products.
While sales cycles hit a record 109 days, no deals are slipping away. Decision-makers are demanding more proof-of-concept and multiple product solutions before closing.
AI's integration is fueling growth, especially with companies embedding tools like CrowdStrike, SentinelOne, and Okta for better cyber defense.
The threat of new AI tools like Anthropic's cyber-AI remains, but early data shows minimal impact so far, organizations prefer proof-of-concept over abrupt replacements
Stay ahead: watch for AI-driven budget trends and vendor strength.
$CRWD $S $OKTA $RBRK #Anthropic
