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Zscaler, Inc. (ZS) CEO Jay Chaudhry Presents At Nasdaq 45th Investor Conference (Transcript)

Dec. 02, 2021 1:07 PM ETZscaler, Inc. (ZS) Stock
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Zscaler, Inc. (NASDAQ:ZS) Nasdaq 45th Investor Conference December 2, 2021 10:30 AM ET

Company Participants

Jay Chaudhry - President, Chief Executive Officer & Founder

Remo Canessa - Chief Financial Officer

Conference Call Participants

Hamza Fodderwala – Moderator, Morgan Stanley

Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.

Hamza Fodderwala

00:02 [Abruptly Started] Financial Officer, Remo Canessa. Before we dive into Zscaler we have the Founder and CEO of Zscaler, Jay Chaudhry as well as the Chief Financial Officer Remo Canessa. Before we dive into the question is just a brief programming note from our end. So for important disclosure, please see the Morgan Stanley Research disclosure website at www. morganstanley.com/userdisclosures.

Hamza Fodderwala

0:36 With that, Remo, Jay, thank you so much for joining us. We'll jump right in. So, Jay, Zscaler was found on the premise that the traditional network security model is broken. Can you explain why Zscaler’s architecture was fundamentally different and better than that traditional model?

Jay Chaudhry

0:57 Thank you, Hamza. [Indiscernible] give me a simple analogy. A few hundred years ago, if you needed to protect with castle, you built the market around it, and no one could cross the moat, mode was safe, that’s network security was done by using firewalls and VPNs as a moat to the castle. Then Canessa came in then moat wasn't that good. Then we start to build the wall taller wall around on the castle. We have been spending billions of dollars on security and then air fights got invented, even Paul walls don't help. So using the analogy, let me walk you through a couple of slides and visually, you can see the

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