CrowdStrike’s single-platform solution covers both cloud and on-premises systems and networks, so customers looking to make a switch to competitors like Palo Alto Networks (NASDAQ:PANW) is feasible but costly. Transitioning would require customers to purchase multiple platforms for the similar hybrid-environment coverage that Crowdstike provides, leading to additional expenses and training challenges for cybersecurity staff and users. The disruption also added millions of dollars in consultancy man-hours to corporate IT budgets as they scrambled to restore their applications, with total damages potentially reaching around $1 billion according to the Anderson Economic Group. What is your take on Crowdstike reliability ?
