Jay Chaudhry

So Zscaler is not a piece of code that you bundle where the hyperscaler goes out there.

Zscaler is a globally distributed infrastructure sitting in 160 locations around the globe.

So any traffic from an enterprise that may be from users, that may be from cloud workloads, that may be from AI agents,

It needs to access our application services, and we become the switchboard, the policy enforcement for that.

That traffic will go to Microsoft, AWS, Google, Anthropic, doesn't matter.

We are the policy enforcement point to make sure right people get access to the right application, right agents get access to the right applications.

Imagine agents getting hacked and hijacked on your network.

That's a problem.

That's what we secure.

So federal is a strong market segment for us.

Last year, it went through some changes, but it is back on track.

We have strong pipeline.

We have strong business in the federal government.

13 of the 14 cabinet level agencies use Zscaler to secure themselves.

AI is an opportunity for our business.

not a threat at all.

And securing agentic technology is the number one thing CIOs want to make sure they can do it.

That's holding them back from larger rollout, and we become enablers of it.