Cloudflare, Inc. · NYSE:NET
Cloudflare — Investor Day (May 2023)
65 slides from Cloudflare's investor day presentation, May 4, 2023
Slide 1: Cloudflare Connect 2023
Bs «ou pELARE CONNECT 2023
Slide 2: Welcome to Cloudflare Connect New York
Welcome to Cloudflare Connect New York Matthew Prince Co-founder and CEO Cloudflare
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying oral commentary have been prepared by Cloudflare, Inc. (“Cloudflare”) for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise, or representation b
Slide 4: Many of the world's largest organizations rely on the Cloudflare network
CLOUDFLARE OVERVIEW Many of the world’s largest organizations rely on the Cloudflare network 1/3 of the 6 of the world’s Fortune 500 10 largest companies
Slide 5: Many of the world's largest organizations rely on the Cloudflare network
CLOUDFLARE OVERVIEW Many of the world’s largest organizations rely on the Cloudflare network
Slide 6: Large organizations today face a great deal of complexity and risk
Large organizations today face a great deal of complexity and risk
Slide 7: Employees are working from everywhere
COMPLEXITY AND RISK Employees are working from everywhere 58% of employees have the option to work from home at least one day per week (Source: McKinsey)
Slide 8: Business-critical corporate applications live everywhere
COMPLEXITY AND RISK Business-critical corporate applications live everywhere By 2025, 85% of corporate applications are expected to be SaaS-based (Source: BetterCloud)
Slide 9: AI tools are finding their way into every aspect of business
COMPLEXITY AND RISK AI tools are finding their way into every aspect of business 43% of employees have used AI-powered tools for work tasks — and over 2/3 did so without telling their boss (Source: Fishbowl)
Slide 10: Data lives everywhere, and is split across multiple clouds
COMPLEXITY AND RISK Data lives everywhere, and is split across multiple clouds 82% of US and UK organizations currently have a multi-cloud strategy (Source: Virtana)
Slide 11: Data lives everywhere, and is split across multiple clouds
COMPLEXITY AND RISK Data lives everywhere, and is split across multiple clouds 29% projected average increase in public cloud spend by the end of 2023 (Source: Flexera)
Slide 12: New attack surfaces are emerging in every application
COMPLEXITY AND RISK New attack surfaces are emerging in every application 65% of global API traffic is generated by web browsers — a sign that more applications are “API first” (Source: Cloudflare estimate)
Slide 13: New attack surfaces are emerging in every application
COMPLEXITY AND RISK New attack surfaces are emerging in every application 23 separate instances of third-party code on the median desktop website (Source: HTTP Archive)
Slide 14: New attack surfaces are emerging in every application
COMPLEXITY AND RISK New attack surfaces are emerging in every application 25% of Log4J downloads were still vulnerable one year after the vulnerability was disclosed (Source: Maven Central Repository)
Slide 15: Businesses are trying to reduce all of this complexity
COMPLEXITY AND RISK Businesses are trying to reduce all of this complexity 75% of businesses are trying to consolidate the number of security vendors they use (Source: Gartner)
Slide 16: Cloudflare was built to help you tackle all of these challenges
Cloudflare was built to help you tackle all of these challenges
Slide 17: Cloudflare delivers Everywhere Security
EVERYWHERE SECURITY Cloudflare delivers Everywhere Security
Slide 18: Cloudflare protects companies with uniquely broad threat intelligence
EVERYWHERE SECURITY Cloudflare protects companies with uniquely broad threat intelligence 46M ~20% of the Web runs on HTTP requests served per second 95% of all Internet users Cloudflare within 50ms of Cloudflare’s network 112B cyber threats blocked every day Cyber threats blocked per day and HTTP r
Slide 19: Cloudflare services all run on the same infrastructure
EVERYWHERE SECURITY Cloudflare services all run on the same infrastructure, simplifying implementation and improving user experiences Every Cloudflare service In every Cloudflare server In every Cloudflare data center Across 285+ cities in 100+ countries
Slide 20: Cloudflare secures (and replaces vendors across) your entire business
EVERYWHERE SECURITY Cloudflare secures (and replaces vendors across) your entire business EMPLOYEES NETWORKS WEB APPS
Slide 21: Cloudflare's network is faster than leading Zero Trust competitors
ZERO TRUST Cloudflare’s network is faster than leading Zero Trust competitors 75% 50% faster P95 response faster P95 response time than Netskope time than Zscaler (Source: Cloudflare data as of Mar 17, 2023)
Slide 22: Cloudflare's network is faster than leading Zero Trust competitors: ZTNA Speed
ZERO TRUST Cloudflare’s network is faster than leading Zero Trust competitors ZTNA Speed (P95 time-to-first-byte) Cloudflare 849 ms Access Zscaler Private 1361 ms Access (Source: Cloudflare data as of Jan 9, 2023)
Slide 23: Cloudflare's network is faster than leading Zero Trust competitors
ZERO TRUST Cloudflare’s network is faster than leading Zero Trust competitors Application Zscaler Internet Access: Cloudflare Gateway: P95 response time P95 response time Global 142.0 ms 7.2 ms Azure site 181.0 ms 7.7 ms Zoom 254.2 ms 6.2 ms Slack 186.2 ms 6.5 ms Workers site 184.1 ms 6.1 ms Google
Slide 24: Cloudflare delivers better ROI than leading Zero Trust competitors
ZERO TRUST Cloudflare delivers better ROI than leading Zero Trust competitors Faster Fewer outages / Fewer security Better employee implementations support tickets gaps productivity
Slide 25: Descaler program: Bill reductions + better functionality for Zscaler customers
ZERO TRUST Descaler program: Bill reductions + better functionality for Zscaler customers
Slide 26: Act Three: Developer Platform
Act Three: Developer Platform
Slide 27: Cloudflare developer tools make the whole enterprise more programmable
DEVELOPER PLATFORM Cloudflare developer tools make the whole enterprise more programmable Load Workers KV R2 D1 CDN DNS Balancing Pages Wrangler Compute Storage Network Developer Experience Power the logic Provide contextual Send information to/from Allows for focus on of an application information
Slide 28: Cloudflare Workers helps you scale and adapt efficiently
DEVELOPER PLATFORM Cloudflare Workers helps you scale and adapt efficiently Cloudflare Workers: Serverless development platform that lets you easily deploy custom security policies, routing rules — or entirely new applications
Slide 29: Cloudflare R2 helps you scale and adapt efficiently
DEVELOPER PLATFORM Cloudflare R2 helps you scale and adapt efficiently Cloudflare R2: Globally distributed, S3 compatible object storage — with zero egress fees
Slide 30: One consistent set of controls and tools across any cloud
MULTI-CLOUD MANAGEMENT One consistent set of controls and tools across any cloud Network + cloud onramps Zero Trust policy enforcement Smart traffic routing WAN-as-a-Service Privacy + compliance Firewall-as-a-Service Logs + analytics Serverless development
Slide 31: Launching services to help organizations safely explore AI
We’re (imminently) launching services to help organizations safely explore AI Measure AI tool usage Prevent data loss Manage AI tool integrations
Slide 32: Many companies are going all-in on the Cloudflare platform: Telecom provider
CLOUDFLARE PLATFORM Many companies are going all-in on the Cloudflare platform Fortune 500 Telecommunications provider: Securing hybrid work for over 100,000 employees, spanning both application and public Internet access
Slide 33: Many companies are going all-in on the Cloudflare platform: Media conglomerate
CLOUDFLARE PLATFORM Many companies are going all-in on the Cloudflare platform Forbes Global 2000 media & advertising conglomerate: Implementing Zero Trust security for 50,000 employees and hundreds of corporate applications
Slide 34: Many companies are going all-in on the Cloudflare platform: Auto parts supplier
CLOUDFLARE PLATFORM Many companies are going all-in on the Cloudflare platform Fortune 200 auto parts supplier: Protecting 900+ global ecommerce sites using Cloudflare Application Security services
Slide 35: Many companies are going all-in on the Cloudflare platform: Retailer
CLOUDFLARE PLATFORM Many companies are going all-in on the Cloudflare platform Fortune 500 retailer: Building a massively scalable ecommerce presence on the Cloudflare Developer Platform
Slide 36: If you're just using Cloudflare for a couple of problems, you're leaving value on the table
If you’re just using Cloudflare to solve a couple of problems, you’re leaving value on the table
Slide 37: Cloudflare's recent product innovation
Cloudflare’s recent product innovation Jen Taylor Chief Product Officer Cloudflare
Slide 38: Our unified security platform is constantly improving
CLOUDFLARE’S RECENT PRODUCT INNOVATION Our unified security platform is constantly improving Protect Protect Protect Protect Employees Employees Applications Networks Secure any worker Secure any Defend apps and Safer and faster everywhere with a worker APIs across connectivity fast, consistent ever
Slide 39: Cloudflare helps secure your hybrid workforce with Zero Trust
ZERO TRUST SECURITY INNOVATION Cloudflare helps secure your hybrid workforce with Zero Trust Office users TA CA Z N SB Self-hosted public cloud SWG DLP Remote users Self-hosted private DC, colo and cloud I CE RB S External users SaaS apps and email
Slide 40: Improve visibility into corporate user experiences
ZERO TRUST SECURITY INNOVATION Improve visibility into corporate user experiences Digital Experience Monitoring: Analyze performance and connectivity across your users, applications, and networks. ● Monitor Zero Trust service usage ● Proactively test application availability ● Telemetry data outlini
Slide 41: Prevent headline-worthy data breaches
ZERO TRUST SECURITY INNOVATION Prevent headline-worthy data breaches CASB + Data Loss Prevention: Manage data access for the most popular and critical SaaS apps. ● Scan SaaS application files for sensitive data ● Simple alerting and filtering
Slide 42: Further secure your organization's largest attack surface
ZERO TRUST SECURITY INNOVATION Further secure your organization’s largest attack surface Email Link Isolation: Add additional layers of defense to your phishing prevention. ● Ongoing machine learning analysis of email links ● Isolate malicious links from endpoints — even if they were benign upon arr
Slide 43: Deliver more high-performing secure browsing experiences
ZERO TRUST SECURITY INNOVATION Deliver more high-performing secure browsing experiences Secure Web Gateway improvements: Improve visibility and meet a wider variety of use cases. ● Network session logs ● Bring your own PKI certificates ● HTTP3 inspection
Slide 44: Cloudflare fulfills the promise of SASE
NETWORK SERVICES INNOVATION Cloudflare fulfills the promise of SASE SASE services via Cloudflare One One Management Interface Zero Trust Cloud Access Secure Web Firewall as a WAN as a Network Access Security Broker Gateway Service Service Identity Proxy Device Posture VPN Routing Load Balancing Brow
Slide 45: Cloudflare helps secure and transform your corporate network
NETWORK SERVICES INNOVATION Cloudflare helps secure and transform your corporate network Magic WAN Magic Firewall Layer 3/4 DDoS mitigation Network onramps Smart traffic routing
Slide 46: Easily connect any kind of network to SASE services
NETWORK SERVICES INNOVATION Easily connect any kind of network to SASE services Magic WAN Connector: Zero-touch configuration for connectivity from any branch, data center, or cloud property. ● Branch routing ● Centralized device management ● Zero-touch configuration
Slide 47: Private connectivity for hybrid cloud use cases
NETWORK SERVICES INNOVATION Private connectivity for hybrid cloud use cases Cloudflare Network Interconnect integrations: New interconnections with IBM Cloud, Google Cloud, Azure, Oracle Cloud Infrastructure, and AWS. ● Use Cloudflare to manage firewalls, access policies, and routing for all cloud r
Slide 48: Cloudflare protects you from the most sophisticated Internet threats
APPLICATION SECURITY INNOVATION Cloudflare protects you from the most sophisticated Internet threats Integrated management and analytics Layer 7 DDoS mitigation API Gateway Web Application Firewall Client-side attack defenses Bot management TLS/SSL Cloudflare Security Center Manage attack surfaces
Slide 49: Identify, analyze, and secure unknown attack surfaces
APPLICATION SECURITY INNOVATION Identify, analyze, and secure unknown attack surfaces Automate time-consuming discovery processes — and prioritize where to apply protection. ● API Discovery creates a streamlined workflow for uncovering shadow APIs ● Sequence Analysis automatically detects potential
Slide 50: Protect your website from the most advanced forms of fraud
APPLICATION SECURITY INNOVATION Protect your website from the most advanced forms of fraud Fraud Detection: Use machine learning to evaluate the intent of website visitors. ● Stop fake account creation, account takeover, credit card testing, fraudulent transactions, and order expediting ● Draw on Cl
Slide 51: Our ultrafast global network ensures security and good user experiences
Our ultrafast global network ensures security and good user experiences always go hand in hand
Slide 52: Cloudflare has the fastest performance in the most networks
CLOUDFLARE’S NETWORK Cloudflare has the fastest performance in the most networks NUMBER OF NETWORKS IN WHICH PROVIDERS SEE THE FASTEST TCP CONNECTION TIME Cloudflare 1310 Google 469 Cloudfront 438 Akamai 410 Fastly 373 (Source: Cloudflare data as of March 17, 2023)
Slide 53: Improve end-user experiences — and reduce egress fees
CLOUDFLARE’S NETWORK Improve end-user experiences — and reduce egress fees Cache Reserve improvements: Control which content gets cached for which times periods using a large, persistent data store. ● Cloudflare caching is becoming more efficient and reliable, improving cache hit rates and reliabili
Slide 54: Transforming the digital fan experience
Transforming the digital fan experience Justin Erenkrantz SVP, Software Engineering Major League Baseball
Slide 55: New app experience for the 2023 season
MLB + CLOUDFLARE New app experience for the 2023 season Goal: Bring all of fan’s personalized content into a dynamic destination. ● Every feature is personalized based on your favorite team, followed teams and players and other signals. This requires us to rethink our caching and content delivery st
Slide 56: 2023 Opening Day retrospective
MLB + CLOUDFLARE 2023 Opening Day retrospective Traffic statistics on Opening Day: ● Edge cache hit rate: ~ 92% ● Requests: >6.5 billion ● Peak edge requests / second: >300k ● Edge time to first byte: Avg p95 p99 13ms 96ms 236ms
Slide 57: Gameday redesign and reimplementation
MLB + CLOUDFLARE Gameday redesign and reimplementation ● Moved IOS app to a reactive design web-based implementation that joins web & Android ● Gameday Mode launching on connected device platforms for an enhanced big-screen viewing experience
Slide 58: Gameday 3D
MLB + CLOUDFLARE Gameday 3D Bringing our player- and bat- tracking capabilities to fans for impossible angles ● Position data rendered locally on device in a web view across browsers and apps Currently available for Free Game of The Day MLB.tv “broadcasts” and for highlights. Further rollouts coming
Slide 59: Live activities Dynamic Island
MLB + CLOUDFLARE Live activities Dynamic Island New IOS 16.1+ feature to display live game data on Dynamic Island and Lock Screen ● Powered by Web Sockets and then fed to Apple’s Live Activities pipeline
Slide 60: Improving fan experience: Gameday latency
MLB + CLOUDFLARE Improving fan experience: Gameday latency Long polling: Web Sockets & Durable Objects: ● Tried and tested approach ● Each client asks for game ● Each live game is a distinct state in a 10s loop Durable Object ● Game state has a 10s cache vs ● Each client has a WS TTL connection that
Slide 61: Live activities
MLB + CLOUDFLARE Live activities Web Sockets & Durable Objects greatly reduces the number of updates fetched by each device and also significantly reduces the long-tail latency. Long Polling Web Sockets & Durable Objects # of requests 2:36 avg game length ~500 play events/game full game ~1,560 reqs/
Slide 62: Wrap-up & Agenda
y__ CLOUDFLARE CONNECT 2023 Wrap-up & Agenda
Slide 63: Crossroads Hub / Landmark Hub schedule
Crossroads Hub Landmark Hub 10:30 - 11:00 Peloton & Cloudflare: Getting faster Finding efficiencies in your IT spend & uncovering website blockers 11:20 - 11:50 Building resilience against Taking control of your APIs multi-vector threats 11:50 - 1:00 LUNCH 1:00 - 1:30 Lending Tree & Cloudflare: Tren
Slide 64: Visit our Solutions Demo booths throughout the day
CLOUDFLARE CONNECT Visit our Solutions Demo booths throughout the day ● Try out Cloudflare products ● Get advice from Cloudflare experts
Slide 65: Cloudflare Connect 2023
Bs «ou pELARE CONNECT 2023