CrowdStrike CEO George Kurtz told CNBC’s Jim Cramer how his company’s partnership with with Amazon Web Services bolsters business.
“We are now integrated within AWS natively, where customers of AWS can use Next-Gen SEIM,” Kurtz said of the company’s cybersecurity platform. “They can pull it up in their console. The billing will happen automatically through AWS. And, really, we’re going to drive a lot of momentum and new customer adoption, because we’re now part of the ecosystem there.”
CrowdStrike posted a top and bottom line beat Tuesday after close. By the end of Wednesday’s session, the stock was up 1.48%.
CrowdStrike is able to give AWS “great competitive technology against some of the other hyperscalers that are out there,” Kurtz told Cramer.
On the earnings call, CrowdStrike said it had a “strong federal quarter,” as a “large government agency” chose to modernize its cybersecurity technology by replacing more than 75,000 endpoints of legacy equipment with the company’s Falcon platform.
Kurtz spoke on the U.S. government’s cybersecurity needs, telling Cramer that the current administration is “operating like a business,” wanting to consolidate and cut costs. He also said the government has “less people today than they had in the past,” so it needs better security and “better outcomes.”
“CrowdStrike is a fantastic solution given the current threat environment,” Kurtz told Cramer. “And we’ve seen how prolific the nation state actors are, and we’re going to be there to help secure our national interest.”
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