Palo Alto's platformization strategy is converting multi-vendor security stacks into consolidated PAN deployments, driving record large-deal velocity. Nation-state threat activity (Russia, China, Iran, North Korea) has cybersecurity budgets at all-time highs and durable. Cortex XSIAM AI-native SOC is the premier next-gen SIEM displacing Splunk. Federal certifications and Five Eyes alliance contracts provide secular government tailwind.