Check Point Software Technologies Ltd The KeyBanc Technology Leadership Forum 2026
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Morning, everyone. Ready to get after it. Kip, welcome. Thanks for being here. Kip Meintzer from Check Point.
My pleasure. I'll throw it over to you just to do the safe harbor as we were just talking about.
Yeah, quick safe harbor. I guess I'm the only one that does it any longer. But during the course of the presentation, there may be forward-looking statements made. As with all forward-looking statements, there's risks and uncertainties that could occur. If you'd like a comprehensive view of, or not exhaustive, but a comprehensive, check out our latest Form 20-F for all of the risk factors associated. You might also go to sleep pretty quick. With that, I'll throw it back to Eric, and we can proceed.
All right. Cyber, Mythos, AI, driving a lot of excitement on an inflection of spend, at least in the investment community, and trying to discern if and when that happens. What is Kip's perspective or Check Point's perspective on the level of investment in cyber at a more macro level and when that might occur?
I think what we saw this year was people robbing other areas of the budget to spend on AI. I think what you see right now is people getting ready for next year, doing their AOP. I know we are ourselves. I think that AOP for next year is going to include a lot of dedicated AI spend, probably a lot of it around AI security.
Yeah Because you need to put the cart before the horse.
Yeah, which doesn't always happen, but.
No. I think you saw a little of that happening over the last, I'd say the last 12 months, the end of last year, the beginning of, well Yeah where we are in this year.
I think people figured out real quickly that without security, you're in a little heap of trouble.
Yeah. I think even our frontier model makers discovered some of that.
Yeah. Is that your perspective, just like it's more of a 2027 event, like when the budget cycle happens, and then that's when maybe security gets better funding?
I think if you look at, for us, I think that was probably a big decision, why we decided to do our go-to-market changes this year Yeah instead of holding them off till next year.
Probably resulted in a little bit of the challenges we've had this year because we decided Yeah to do it this year.
Yeah. But it's for that purpose.
We see 2027 as a standout AI year.
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