Check Point Software Technologies Ltd. (NASDAQ:CHKP) Q4 2022 Earnings Call Transcript

So that’s there anything I didn’t answer? So, then that’s the — so I hope that our SD-WAN product will reach market success that it deserves. And I think many of our customers are waiting for it.

Sami Badri : And then just the Harmony product portfolio visibility. Anything you can give to us for 2023?

Gil Shwed: So, the Harmony is comprised for many different products that are securing users and access. Some of them are growing very fast. Some of them, there is — we have different strategic thoughts on their future. The one that’s growing very fast and the one that we are very happy with is the Harmony e-mail, doing extremely well, reaching — meets all the expectation from an important acquisition like that, integrates well with the rest of our technology like our anti-malware engine is used in that product. Their anti-phishing engine is used in many, many of our other technologies, everything that I said about centralizing this threat cloud brain is working well. Sales are integrating quite well. In the beginning, they had a separate sales force, and that brought most of the growth.

Now most of the — big part of the growth comes from the Check Point enterprise sales force. And these are all the right signs because that means that we can leverage the Check Point engine, reaching more customers and reaching more places. So — and let’s not forget, for years, I’ve been cautious about wherever we want to enter into the e-mail space or not because it’s a crowded market. I’m very happy with it first because we see the success, but mainly because most of the attacks start with an image. So, it’s really, really important that we are there. Our competitors, by the way, are not there. So, we know how to secure that e-mail link and especially the cloud e-mail, which is where the world is going to. So, I think that should — I mean, if we do it right, that should give us many years of success and growth because the market potential is very, very high.

Kip Meintzer : All right. That concludes our call today. Thank you all for joining us. We look forward to speaking to you throughout the quarter, and we’ll see you at the next earnings. Thank you, and have a great day.

Gil Shwed: Thank you very much.

Roei Golan : Thank you.

Kip Meintzer : Bye-bye.