CrowdStrike And HCLTech Announce Global Strategic Partnership To Drive Enterprise Cybersecurity Transformation
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike (NASDAQ:CRWD) and HCLTech (NSE: HCLTECH) have announced a strategic partnership where HCLTech's managed detection and response (MDR) solutions will utilize CrowdStrike's AI-native Falcon XDR platform. This collaboration aims to enhance enterprise cybersecurity transformation, leveraging the Falcon platform's capabilities across various cybersecurity domains. The partnership is expected to address the increasing sophistication of cyberattacks and the cybersecurity skills gap by combining HCLTech's MDR expertise with CrowdStrike's technology.
March 25, 2024 | 1:30 pm
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CrowdStrike's strategic partnership with HCLTech to power HCLTech's MDR solutions with the Falcon XDR platform could enhance CrowdStrike's market position and visibility in cybersecurity solutions.
The partnership with HCLTech, a leading global technology company, is likely to increase the adoption and visibility of CrowdStrike's Falcon XDR platform. This could lead to a positive short-term impact on CrowdStrike's stock as the market reacts to the potential for increased revenue and market share in the cybersecurity sector.
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