SecureWorks Corp. (NASDAQ:SCWX) Q4 2020 Earnings Conference Call - Final Transcript

Mar 27, 2020 • 08:00 am ET


SecureWorks Corp. (NASDAQ:SCWX) Q4 2020 Earnings Conference Call - Final Transcript


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Michael R. Cote

I introduce new leadership teammates. Ian Bancroft, our Chief Sales Officer; Steve Hardy, our Chief Marketing Officer; Maureen Perrelli, our Chief Channel Officer; and Paul Parrish, our Chief Financial Officer.

Now let's talk about the SecureWorks advantage. The explosion of data, devices and connectivity is expanding the attack surface. At SecureWorks, we believe in a collaborative approach to cyber security and formed by the sharing of analytics, data and intelligence, coupled with industry leading technologies. This collaboration drives us to innovate and create new technologies that are simpler, faster and more capable. All of this drives long-term value for our customers with the unique approach designed to be consumed the way customers want based on their business needs. We can do this because we are a security company bringing solutions to market through software. Not the other way around. And after more than two decades, continuing to be a trailblazer in this ever changing industry is more important to our customers.

Our purpose is to secure human progress by outpacing and out maneuvering the adversaries. We believe our industry-leading model will define the future of security. We live our vision by addressing customers' mission critical security challenges. Challenge number one, the game is continually changing. The number and sophistication of adversaries and the number of successful exports is not falling down, nor is it growing too. Our solution based on over 20 years of experience and insights, we secure our customers with the actionable intelligence and context they need to efficiently operate their security programs.

Challenge number two, prospects tell us they often feel alone in the fight. Our solution, our platform and global network brings the community together to accelerate the benefit of the network effect across our customers, our solutions and our services. Challenge number three, there are not enough trained personnel for every company to have adequate staffing. This shortage of security expertise to investigate the growing number of alerts leaves companys vulnerable. Our solution, we have the best trained team focused solely on cyber security, which includes threat intelligence, incident response and security operations capabilities that leverages the power of machine learning to automate tasks at scale.

Our customers are looking for technology solutions which work together can be scaled as their business needs change and can provide actionable insight. Businesses need security to be an accelerant to their work, not a source of friction. Leveraging deep industry partnerships, we work across the customer security product landscape time together on a holistic security program. I am proud to say that SecureWorks is the business partner that customers can rely on to secure their cyber assets in the digitally connected world. So we understand the challenges customers are facing today, how specifically the SecureWorks build solutions that meet the needs, we give customers the speed and scale of machine learning along with crowd powered data and analytics. We work with customers in a way that makes sense for them. We do this by decoupling our software applications