The global technology industry experienced a 26% drop in company filings mentions of cybersecurity in Q2 2024 compared with the previous quarter, with the highest share accounted for by Fortinet with 19% year-on-year increase, according to GlobalData’s analysis of over 942 technology company filings. GlobalData’s Technology: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the technology industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
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Notably, cybersecurity was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of social media and digitalization, according to GlobalData.
Of the top leading companies in the technology industry, Fortinet had the greatest increase in references for cybersecurity in Q2 2024, compared with the previous quarter. GlobalData identified 270 cybersecurity-related sentences in the company's filings - 12% of all sentences - and an increase of 19% in Q2 2024 compared with Q2 2023. Palo Alto Networks’s mentions of cybersecurity rose by 13% to 107 and Saudi Telecom’s by 56% to 86 and Infosys’s by 15% to 78 and Dynatrace’s by 69% to 76.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q2 2024 was 106.
For further understanding of GlobalData's Technology: Filings Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
