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1Z0-450 Oracle Application Express 3.2-(R) Developing Web Applications

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1Z0-450 exam Dumps Source : Oracle Application Express 3.2-(R) Developing Web Applications

Test Code : 1Z0-450
Test title : Oracle Application Express 3.2-(R) Developing Web Applications
Vendor title : Oracle
: 49 actual Questions

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Oracle Oracle Application Express 3.2-(R)

Oracle(R) application specific liberate 4.2 Now obtainable | killexams.com actual Questions and Pass4sure dumps

REDWOOD SHORES, CA--(Marketwire - Oct 15, 2012) - Oracle ( NASDAQ : ORCL )

news statistics

  • To enhance the productiveness of establishing database-centric, HTML5 applications for laptop and now, cell structures, Oracle these days introduced the availability of Oracle® software express free up four.2.
  • This current Oracle application categorical free up is focused on enabling developers to rapidly construct declarative solutions that may rush on any cellular platform.
  • Oracle software categorical is a no-cost choice covered with utter variants and present releases of Oracle Database.
  • Oracle utility express unlock 4.2 is attainable for download from the Oracle expertise network (OTN).
  • Oracle software categorical 4.2 Enhancements and current points

  • mobile functions: gives the capacity to build your Oracle application express software as soon as, after which when accessed absorb it automatically render an acceptable consumer interface.
  • cellular themes and Templates: Leverages jQuery cell to enable the cell issues to characteristic on utter fundamental cellular structures without requisite for change. comprises facets such as web page transitions and HTML5 detail kinds. 
  • HTML5 Charts: includes HTML5 charting which allows for charts to parade on instruments that don't sheperd Flash.
  • HTML5 merchandise forms: allows you to specify detail types for quantity, email, telephone and URL which drastically increase the user event when getting into statistics on HTML5 mindful cell gadgets.
  • Packaged applications: Introduces a set of productiveness functions to permit users to instantly birth utilizing their database investment. The potential to free up these functions additionally enables builders to customize and study highest property practices.
  • Overview of Oracle software express 4.2

  • software express is a SQL-centric structure tool that makes it viable for developers to construct functions leveraging their SQL and PL/SQL talents.
  • the use of handiest an internet browser, builders can unexpectedly construct and deploy knowledgeable and scalable applications for Oracle Databases which are each speedy and comfy with Oracle application categorical.
  • The declarative construction framework of Oracle software specific utilizes wizards and property sheets to declaratively build and hold purposes. This assistance is kept in and referenced from a meta-statistics repository, alleviating the requisite for compilation or code generation.
  • helping fees

    "One faultfinding objective for us over this yr is the deserve to assist assorted systems and instruments including Macs, iPads and iPhones," spoke of Sayee Natarajan, director, earnings and marketing techniques, Purdue Pharma. "utility categorical four.2 will permit us to increase an utility as soon as and deploy it to utter these instruments with the aid of incorporating 'Responsive Design' in the templates that automatically scale from the largest screens to the iPad in panorama mode. application specific achieves utter this the use of trade benchmark responsive grids, cellular libraries and charting tools that drudgery on the entire systems."

    "We at the Brunswick Boat group are very enthusiastic about software specific four.2. Our exceptional wield application (QCIS) was written in software specific to exchange a application kit costing $60,000 a 12 months," talked about Tony Bowers, Senior programs Analyst, Brunswick Boat group. "due to the fact providing their application express application they absorb got rave experiences for its practical richness together with the use of photo maps. The most efficient grievance is that their users presently absorb to drudgery off Toughbooks. software express 4.2 will enable us to bring QCIS on iPads which might exist far easier and more productive for their users, chiefly as they could utilize aspects corresponding to contact and tap."

    "With software categorical 4.2 developers can now without problems create applications that contain Responsive internet Design or jQuery cellular to provide most desirable viewing sustain on utter devices," spoke of Mike Hichwa, vice chairman Database tools, Oracle. "an additional key feature being brought are the Packaged applications which give out-of-the-field factor options. The primary advantages of these encompass straight obtainable productiveness purposes, the means to release and personalize the solutions offered, and to exist taught most desirable practices."

    aiding materials

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    About Oracle Oracle ( NASDAQ : ORCL ) is the world's most comprehensive, open, and built-in enterprise utility and hardware programs enterprise. For greater guidance about Oracle, consult with oracle.com.

    emblems Oracle and Java are registered emblems of Oracle supplier and/or its associates. other names can exist trademarks of their respective house owners.

    Oracle announces Popular Availability of Oracle software specific unlock 3.2 | killexams.com actual Questions and Pass4sure dumps

    Mar 4, 2009

    Oracle has announced widely wide-spread availability of the latest unlock of Oracle software categorical, a free, rapid net software construction device for Oracle Databases. liberate 3.2 of Oracle software express introduces the Oracle types Conversion, a significant current office to hearten developers transmogrify Oracle types-based mostly functions into HTML applications operating inside an Oracle Database. software express unlock 3.2 additionally introduces many protection enhancements.

    Oracle kinds Conversion automatically converts most user interface add-ons and gives monitoring capabilities to plot for and parade screen the manual implementation of enterprise trustworthy judgment publish-generation. as soon as Oracle kinds source data are converted into XML, they are loaded into an Oracle application express conversion assignment. developers can then specify which person interface components to generate, annotate utter accessories, and submit an preliminary design.

    converting Oracle kinds-primarily based purposes to Oracle application specific allows developers to pilfer advantage of Oracle application specific's HTML templating capabilities, declarative glimmer charting, and internet 2.0 vogue interactive reporting add-ons; pilfer abilities of Oracle utility specific's rapid construction capabilities for short modification or enhancement of applications; and, carve developer re-practising necessities as each Oracle software express and Oracle forms utilize SQL and PL/SQL.

    utility conversion is hardly a simple assignment, but with the current unlock, the conversion of Oracle types functions to autochthonous HTML is simplified and structured. "it is complicated to transmogrify from one technology to one other, so they absorb simplified that with utility specific 3.2 by route of providing an automated device that may automate piece of the assignment, after which assist you on the sheperd conversion assignment," Mike Hichwa, vp of software building, Oracle, tells 5 Minute Briefing. in response to Hichwa, changing from Oracle varieties is a venture the situation best one of the present functionality will too exist automatically generated. subsequently, he notes, a detailed monitoring system in utility express three.2 offers capabilities to aid with project management.

    The other foremost objective with this unlock became to supply capabilities to get it less demanding for developers and directors to toughen the safety of their functions and the structure atmosphere. With this release of application categorical, Hichwa notes, Oracle has do gigantic endeavor into offering key safety functionality out of the field. protection enhancements in three.2 encompass declarative authentication timeouts by route of session size and idle time; reduced privilege of Oracle software categorical schema; declarative session situation encryption; and, improved documentation on the route to get the most of the protection facets.

    Oracle application categorical supports pre-built purposes obtainable for download from the Oracle technology community (OTN). These free, thoroughly practical Oracle application express applications corresponding to Asset manager, consumer Tracker, and Timesheets, can exist personalized, deployed and shared within an organization enabling builders to jumpstart essential web utility construction efforts. Oracle software express is integrated with utter variations of Oracle Database 11g.

    the current liberate is attainable for down load from the Oracle technology network.

    Oracle company (ORCL) CEO Safra Catz And brand Hurd On Q1 2019 outcomes - profits call Transcript | killexams.com actual Questions and Pass4sure dumps

    No outcomes discovered, are attempting current key phrase!in terms of ecosystems, GAAP functions total revenues had been $ ... I’ll converse a bit bit about an organization called Federal express. FedEx is -- within the FedEx facet of the residence, a traditional Oracle consumer ...

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    AI and ML latest news: NewRelic acquires startup SignifAI to bring 'applied intelligence' to DevOps | killexams.com actual questions and Pass4sure dumps

    NewRelic, the cloud-based application analytics firm, has added machine learning to its armoury in the shape of SignifAI, an Israeli-US startup focused on event intelligence - or sorting signal from uproar in the fast-moving province of DevOps.

    SignifAI, according to its white paper, is a 'SaaS-based correlation engine that leverages AI and machine learning to rupture down the data silos organize in tangled enterprise IT environments.'

    It integrates via APIs to around 60 commonly used monitoring and collaboration tools including Splunk, AppDynamics, Slack, AWS, Nagios - and NewRelic itself - and promises to hearten developers identify the root antecedent of errors by sifting through events, logs, time-series data and infrastructure alerts, ranking and outputting the most probable causes to a user console or through the monitoring tool. Users can too train the model to ameliorate the accuracy of the correlations.

    AIOps is a relatively current addition to the blizzard of AI and DevOps-related phrases. It refers to the use of machine learning to analyse data collected from various IT operations tools and devices in order to spot and react to issues in actual time.

    In the company's blog, NewRelic's chief product officer Jim Gochee comes down in favour of  the term ‘applied intelligence' to represent the application of machine learning to the software progress process.

    "We decided to use the term 'Applied Intelligence' to represent their philosophy and approach to bringing ersatz intelligence (AI) / machine learning (ML) to their space. They chose 'Applied Intelligence' to remind ourselves to continuously reflect on the individual words and their meanings, with the goal of keeping us on track to deliver truly meaningful customer value with their AI efforts," he writes.

    04/02/2019 Heathrow trials AI system for landing planes in despicable weather

    In despicable weather, visibility from Heathrow's 87-metre tall control tower can exist drastically reduced as low clouds obscure the views of the runways below.

    When this happens, air traffic controllers requisite to dependence on radar to ensure that a plane that has just landed has cleared the runway, and a margin of mistake must exist built in for safety. This causes delays and backlogs and a 20 per cent loss of landing capacity, according to Airport World.

    This is an region where AI - together with ultra HD 4K cameras - can help, believes air traffic control service NATS. The organisation has begun a visitation using 20 such cameras installed in the tower together with a machine learning system called Aimee which has been developed by Canadian vendor Searidge Technologies. A similar visitation is underway at Singapore's Changi Airport.

    Once trained, Aimee should exist able to track the aircraft from the time they land until they are lucid of the runway, even when the cameras' images are difficult to interpret by the human eye. It will then alert the air traffic controller who will get the final determination on whether to lucid the next arriving flight for landing. As such, Aimee is very much an aid to human determination making rather than being an autonomous control system. 

    The behaviour of 50,000 arriving aircraft will exist studied over the next 12 months to contemplate how the system responds to real-world situations.

    AI is likely to play an increasingly Important role in the management of air traffic in the future, including for Heathrow's planned third runway, said Heathrow's operations director, Kathryn Leahy.

    "We'll exist keeping a close eye on this trial, as the technology could absorb a major role as they prepare for the expanded airport. They will watch how AI and digital towers could exist used to monitor utter three of the expanded airport's runways in future," she said.

    The results of the visitation will exist presented to exist presented to the UK Civil Aviation Authority next March.

    28/01/2019 Amazon open-sources its SageMaker Neo machine learning optimisation software

    Raspberry Pi Zero

    Amazon has open-sourced SageMaker Neo, its software for training machine learning models and optimising the route they rush on different types of devices.

    SageMaker Neo is designed to ensure that ML models rush as efficiently as viable on a variety of machines and environments. Unlike the training stage, in which models are generally honed on high-powered machines, for the inference stage, where the model makes predictions based on current data, it may exist running on much lowlier devices.

    The environment can absorb a broad outcome on the amount of time it takes for a model to infer a result and on the number of such calculations that can exist rush in parallel. On edge devices in the IoT - a sole board computer dote a Raspberry Pi for case - latency and limited concurrency can exist stern impediments. ML models are far from device-agnostic.

    Most devices can exist optimised to hasten up the inference process, but this generally involves a objective bit of manual tinkering and visitation and error. The original SageMaker was a model training framework, but SageMaker Neo, introduced terminal November, combines that with an optimisation stage, taking the fully trained model and generating an executable that's specific to the target device - exist that a GPU or a Pi.

    "Amazon SageMaker Neo automatically optimises machine learning models to accomplish at up to twice the hasten with no loss in accuracy. You start with a machine learning model built using MXNet, TensorFlow, PyTorch, or XGBoost and trained using Amazon SageMaker. Then you select your target hardware platform from Intel, Nvidia, or Arm. With a sole click, SageMaker Neo will then compile the trained model into an executable," the company says on its website, adding that the compiler uses neural networking techniques to analyse the target platform so that optimisations can exist applied.

    The Neo-AI project is available on Github under the Apache Software License, allowing developers to tailor the code to suit their own needs.

    Other cloud firms, including Microsoft and Google, are too working on applying AI to the ‘intelligent edge'.

    07/01/2019 Huawei announces 'highest performance ARM-based CPU' aimed at AI workloads

    Huawei has announced what it claims is the world's best performing ARM-based processor.

    Unveiled on Sunday, the Kunpeng 920 is purpose-built for AI workloads that involve processing large volumes of data utilising distributed storage.

    In SPECint benchmarking tests, the Kunpeng 920 scored more than 930, or almost 25 per cent higher than the industry benchmark, while using 30 per cent less power than competitors, Huawei claims.

    The Huawei-designed processor is manufactured on a 7-nanometer process based on the ARM architecture. It has 64 cores with clock hasten 2.6GHz and 8-channel DDR4 memory.

    The enhanced performance is primarily due to optimised fork prediction algorithms and an increased number of OP units, along with an improved memory subsystem architecture, according to the firm.

    "Today, with Kunpeng 920, they are entering an era of diversified computing embodied by multiple cores and heterogeneity. Huawei has invested patiently and intensively in computing innovation to continuously get breakthroughs. They will drudgery with their customers and partners to build a fully connected, knowing world," said William Xu, Huawei's chief strategy marketing officer.

    Huawei too announced three current servers in its TaiShan purview that will exist powered by Kunpeng 920 processors. These are aimed at corporate data centres for broad data tasks requiring lofty concurrency and low power consumption.

    The Kunpeng 920 announcement follows Hot on the heels of the AI-focused Ascend AI IP and chip succession unveiled in October (see earlier in this blog).

    With its accent on in-house design, Huawei is becoming less reliant on non-Chinese chipset suppliers such as Intel, Qualcomm, AMD and Nvidia.

    The company has been enmeshed in controversy in recent months, with a number of countries banning its products in their networking infrastructure, claiming they are a security risk.

    The company has close connections to the Chinese government whose ‘Made in China 2025' strategy targets ten advanced technology areas including AI, robotics, renewable energy and biotechnology. The US has claimed this strategy is a "real existential threat to US technological leadership".

    02/01/2019 Researchers use machine learning to diagnose dyslexia

    Robot AI reading

    A pair of researchers absorb achieved promising results from a machine learning study of dyslexia among school children, diagnosing the condition successfully in 80 per cent of cases without any human intervention

    Alex Frid and Larry Manevitz from the University of Haifa, Israel, ran a succession of tests on 32 school children, 17 of whom had previously been diaganosed with dyslexia. The children performed a Lexical determination stint (LDT) in which they were asked to arbitrator whether strings of letters appearing on a screen were meaningful or not.

    During this task, the eye movements of subjects were monitored and at the very time electrical activity in different areas of the brain was recorded using electrodes placed on the scalp.

    After a preprocessing stage, the researchers used the ReleifF to extract meaningful features from the results in an attempt to classify the results. Many valuable features were in fact discovered in areas of the signal traditionally considered as noise.

    By training their ML algorithm using the 60 ‘best' features extracted from the results, the researchers were able to diagnose dyslexia with a 79 per cent success rate; using just the ten best features, a success rate of 70 per cent was silent achieved.

    However, the goal was not just to use ML for diagnosis.

    One theory of the antecedent of dyslexia, which affects an estimated ten per cent of the population, is that the different parts of the brain involved in decoding written texts operate asynchronously, so signals can arrive in the wrong order. The greater the asynchrony, the more difficult reading will exist for the subject.

    The greatest dissimilarity between the dyslexic and other readers was observed in activity in the left hemisphere of the brain, particularly the left temporal node which has long been thought to exist Important in the process of interpreting the written word.

    The paper is published by arxiv.org

    19/12/2018 EU expert group draws up draft AI ethics guidlines, seeks feedback

    The European Commission's High-Level Expert Group on ersatz Intelligence (AI HLEG) has released draft ethics guidelines on trustworthy AI. The 37-page document covers proposals to ensure AI is always human-centric and deployed with "an ethical purpose ground in". It includes discussions around limiting prejudice and maximising inclusiveness, as well as ensuring that AI is robust in design and implementation so that it does not antecedent unintentional harm.

    AI HLEG boils down the core requirements for trustworthy AI into ten broad areas: Accountability; Data governance; Design for all; Governance of AI autonomy (human oversight); Non-discrimination; Respect for (and enhancement of) human autonomy; Respect for privacy; Robustness; Safety; and Transparency.

    It looks at each of these topics from technical and non-technical standpoints with a view to creating guidance on how each might exist ensured.

    "Trustworthy AI has two components: (1) it should respect fundamental rights, applicable regulation, and core principles,ensuring 'ethical purpose'; and (2) it should exist technically robust and reliable," the report notes in its conclusion.

    "However, even with the best of intentions, the use of AI can result in unintentional harm. Therefore ... AI HLEG has developed a framework to actually implement Trustworthy AI, offering concrete guidance on its achievement."

    The group is seeking feedback on its draft proposals before 18 January. In March a final version will exist presented to the Commission.

    10/12/2018 Pharma giant Merck in deal to use AI for drug discovery

    The use of AI in drug discovery - identifying promising molecules and testing their suitability using models rather than patients - has been a focus of the pharmaceutical industry for some time. Typically drugs require years (and a huge amount of money) to bolt from the lab into production.

    In the latest move, pharmaceutical giant Merck is to licence an AI-based drug screening platform from Canadian biotechnology firm Cyclica as piece of a year-long trial.

    Cyclica's Ligand Express is a drug screening tool which Cyclica says is a "cloud-based platform that screens small-molecule drugs against repositories of structurally-characterized proteins or ‘proteomes' to determine polypharmacological profiles."

    By understanding how a small-molecule drug will interact with utter proteins in the body, scientists can prioritise candidate molecules for drugs, understanding viable side effects, and identify genetic variations which might impress the binding of the proposed drug to the target protein. Another use is investigating current uses for existing drugs.

    Small-molecule drugs typically target specific proteins associated with disease, but once in the cadaver they may bind to other proteins too, and the side effects are difficult to call in the lab, leading to lengthy R&D and visitation procedures. But AI-based techniques can hearten build a full picture of the likely interactions of a particular molecule.

    Friedrich Rippmann, Computational Chemistry & Biology director at Merck said the goal is to identify promising molecules and test them as quickly as possible.

    "Assessing current technologies is central to how they will further their discovery programmes, and ersatz intelligence applications dote Ligand Express will provide Important insights to enhance how they deem about target identification to uphold phenotypic screening and off-target profiling in general," Rippman said.

    "Artificial intelligence has the power to get the previously unimaginable a reality - they are enthusiastic to harness these current possibilities to hearten drive the discoveries that can transform the lives of people affected by difficult-to-treat diseases," added Belén Garijo, member of the executive board and CEO Healthcare at Merck.

    07/12/2018 AI cracks text-based captchas

    A team of computer scientists has developed a current machine learning program that can crack the text-based captchas silent used by many websites to protect against bots in a fraction of a second.

    The program was developed by scientists from Lancaster University in the UK, Northwest University in the US and Peking University in China. It uses profound learning techniques and its makers claim a much higher success rate compared to other captcha bombard methods.

    It uses Generative Adversarial Network (GAN) to decode the captchas, creating synthetic captchas that are used to train the foundation solver algorithm. This is then fine-tuned using a smaller set of actual captchas. This saves time and effort, with just 500 genuine captchas required to train the bombard programme.

    In tests on 33 captcha schemes, some used by the likes of Wikipedia, Google, eBay and Microsoft, the program was able to unravel a captcha within 0.05 seconds when rush on desktop graphics processing unit (GPU).

    It was too able to evade advanced security features and demostrated a lofty level of accuracy.

    "It allows an adversary to launch an bombard on services, such as Denial of Service attacks or spending spam or phishing messages, to pilfer personal data or even forge user identities," said Guixin Ye, a researcher on the project, which was presented at the ACM Conference on Computer and Communications Security (CCS) 2018 in Toronto.

    "Given the lofty success rate of their approach for most of the text captcha schemes, websites should exist abandoning captchas."

    14/11/2018 Facebook, Google and Twitter use AI to track illegal drug dealing

    During his rather feeble 'grilling' by US Congress over Cambridge Analytica and other topics related to the influence of his sociable networks, one question that did elicit a (relatively) direct response from brand Zuckerberg was the illegal sale of drugs on Facebook and Instagram - presumably because he could use his favourite stock retort of throwing some more AI at the problem.

    The opioid head is a raw issue in the US: 72,000 people died from overdoses in 2017 alone.

    Now Facebook has said it is actively using AI to track down dealers, coordinating its efforts with experts including forensic labs and local and national organisations. Google and Twitter are too involved in the collaboration.

    Facebook's vice president of US public policy Kevin Martin laid out the company's thinking in a blog post.

    "We want to get vital resources for treatment easier to find. When people search for information about opioids on Facebook and Instagram, they direct them to SAMSHA's [Substance abuse and Mental Health Services Administration] National Helpline Information Page and other resources for free and confidential treatment and education," he said.

    "We've too begun to roll out proactive detection on Facebook and Instagram to pilfer down more content that violates their policies before people may contemplate or report it. Their technology is able to detect content that includes images of drugs and depicts the intent to sell with information such as price, phone numbers or usernames for other sociable media accounts.

    "By catching more posts automatically, this technology allows their team to use their expertise instead to investigate accounts, Pages, Groups and hashtags, as well as drudgery with experts to spot the next trends."

    Susan Molinari, vice president for public policy at Google, said that 50,000 searches about specific opioid drugs were made each day on the search engine. 

    "We know overwhelmingly the people who are searching for hearten are the parents or family members of opioid users, so they know that if they can shove them toward organisations dote the Partnership for Drug-Free Kids, then we're getting them instant connections," Molinari said.

    The efforts so far are utter about blocking content and nudging users towards getting hearten rather than reporting transgressors to law enforcement.

    24/10/2018 Oracle acquires AI company-intelligence firm DataFox

    Oracle has acquired DataFox, a SaaS AI firm that crunches large volumes of data on public and private businesses and feeds the results into an AI engine to create company-intelligence that customers can add to their CRM.

    The San Francisco-based startup received initial funding from Google Ventures in 2014 and counts Bain Capital, NetApp and Goldman Sachs among its customers. Co-founder and CEO Bastiaan Janmaat was a growth equity analyst at Goldman Sachs before founding the firm, and the investment bank has a stake in DataFox.

    In a missive to DataFox customers and partners, Steve Miranda, executive VP applications progress at Oracle, said: "The combination of Oracle and DataFox will enhance Oracle Cloud Applications with an extensive set of AI-derived company-level data and signals, enabling customers to gain even better decisions and trade outcomes."

    DataFox pulls information on millions of businesses from multiple sources including news articles, digital properties and 'unique signals' and analyses them to provide real-time information on when a company's fortunes might exist about to change. Oracle says it plans to "enrich" its cloud applications such as ERP, CX, HCM and SCM with "AI-driven company-level data". Presumably the scheme is to pilfer a march on cloud compeition from the likes of Salesforce.

    Terms of the acquisition absorb not been disclosed.

    19/10/2018 UK supermarkets to visitation AI checkouts for age-verification

    Facial recognition technology is to exist trialled by UK supermarkets for age verification purposes, with a few as-yet-unidentified stores rolling out the scanning tech at self-service checkouts this year and more widely in 2019.

    The rollout is being led by US vendor NCR, which makes self-service checkout machines for Tesco and Asda among others. The company will integrate an 'AI-powered camera' (whatever that may be) into the checkout machines, which will exist able to evaluate the age of shoppers when they are buying restricted items dote cigarettes and alcohol. Read more on this yarn here.

    19/10/2018 AI - where does the liability lie?

    Emma Stevens, Associate Solicitor – Dispute Resolution, Coffin Mew

    The arguments regarding liability in the event of mistake or incident are soar to expand. As developments continue, and the use of AI becomes more mainstream, there will increasingly exist cases which call in to question who has liability for the systems in use.

    So says Emma Stevens, associate solicitor - dispute resolution, at law firm Coffin Mew in this article for Computing.

    The majority of the existing legislation and case law in relation to liability and duty in cases of negligence significantly pre-dates the ongoing robotics revolution. It is lucid that the legal system has a lot of ground to cover before it can effectively regulate such advances and the existing law will requisite to exist translated to apply to situations where considering the role and repercussion of AI and robotics was not previously necessary.

    Businesses would exist sensible to get themselves alert of the technological advances in the sectors in which they operate, to ensure that their contracts are lucid regarding liability (both generally and for AI) and that they absorb adequate insurance in situation for any systems used, where appropriate.

    16/10/2018 It's broad companies that are making the running in machine learning, survey

    A survey of data scientists, software engineers, architects and senior management has organize that large organisations are taking the lead in their experiments with machine learning, with respondents in large organisations more likely to regard their efforts as 'sophisticated' and to absorb their early successes rewarded by increasing budgets than those in smaller firms.

    About half of the respondents were located in the US, a quarter in Asia with the remainder based elsewhere. The survey was conducted by Algorithmia, a US company offering a marketplace for machine-learning models.

    Across the entire sample, the main drivers for deploying machine learning models were generating customer insights and intelligence and improving the customer experience. However, in large enterprises improving customer loyalty topped the list, mentioned by 59 per cent. large enterprises were too more likely to mention cutting costs as being a motivating force.

    Just 10 per cent of companies counted themselves as sophisticated in their use of AI and machine learning. The report notes that the sort of companies that pioneered broad data techniques a few years back too absorb a headstart when it comes to deploying machine learning models. They absorb the data, the infrastructure and the skills required to build proprietary internal platforms - or 'AI layers'  - on which to deploy. Examples comprise Facebook's FB Learner, Netflix's Notebook Data Platform and Twitter's BigHead. It seems likely that this lead widen as investment follows success.

    A statistic that demonstrates the generic immaturity of the province is the fact that 55 per cent of efforts are driven by IT compared with 37 per cent by the business.

    12/10/2018 China will overtake the US in AI, predicts former president of Google China Kai-Fu Lee

    Kai-Fu Lee, head of VC firm Sinovation Ventures and former president of Google China, says that AI's influence will exist hugely disruptive to everything from the geopolitical power poise to the job market and peoples′ individual feelings of self worth. While some of the changes will exist for the better, many will not, he says, warning against the techno-utopianism common in Silicon Valley.

    The hasten of the coming AI revolution makes parallels with the job creation that accompanied the proliferation of electrical power and the industrial revolution redundant, Lee argued.

    "Those earlier technological revolutions took a century or longer," Lee explained, in a fascinating if discomfiting interview with IEEE Spectrum. "That gave people time to grow, and develop, and invent current jobs. But they absorb basically one generation with AI, and that's a lot less time."

    "We've opened Pandora's box," Lee went on, contrasting AI with other technological threats. "We did, as humans, control the proliferation of nuclear weapons, but that technology was surreptitious and required a huge amount of capital investment. In AI, the algorithms are well known to many people, and it's not viable to forbid people to use them. College students are using them to start companies."

    Lee believes the fact that the algorithms are easily available means that the nations with the most computing power - and the most centralised command structures - will obtain get the running, ultimately exporting their innovations to others that might try to unhurried the tide to cushion its impacts. China has broad advantages over current leader the USA, he said, as companies such as Tencent, which has close connections to the Chinese government, absorb the data, the infrastructure and a workforce that′s quite prepared to obtain stuck into the more humdrum parts of developing AI.

    "Chinese entrepreneurs find areas where there's enough data and a commercially viable application of AI, and then they drudgery really difficult to get the application work. It's often very hard, dirty, shocking work. The data isn't handed to you on a silver platter."

    Much of the learning data for the ML algorithms comes from applications dote Tencent′s all-encompassing WeChat app, which is "Facebook, Twitter, iMessage, Uber, Expedia, Evite, Instagram, Skype, PayPal, GrubHub, LimeBike, WebMD, Fandango, YouTube, Amazon and eBay" rolled into one. detailed information about a large proportion of China′s huge population resides in one place. And size matters when you're training neural networks.

    These factors, together with the Chinese government′s aptitude to squash any opposition to developments dote driverless trucks, are utter in the country′s favour as it seeks to become the predominant coerce in AI.

    Whichever power bloc ultimately takes the lead, the actual challenge, says Lee, will exist how to manage societies characterised by increasing inequality and the loss of up to 50 per cent of current jobs, many with no obvious alternative role for those that hold them, over the coming decades.

    11/10/2018 current AI-focused announcements from Nvidia and Huawei

    Graphics processing firm Nvidia has announced an open-source GPU-acceleration platform called Rapids which is aimed squarely at data scientists who requisite to crunch large volumes of data. Nvidia claims that for machine learning-type use cases Rapids has proved to exist 50 times faster than CPU-only systems.

    Unveiled yesterday in Munich, Rapids is a two-year-old collaboration between Nvidia engineers and Python contributors, structure on Apache Arrow, Pandas and Scikit-learn. It is released at rapids.ai under the Apache 2.0 open-source licence.

    "Rapids connects the data science ecosystem by bringing together Popular capabilities from multiple libraries and adding the power of GPU acceleration." the firm says in its blog.

    Meanwhile, Huawei has unveiled two AI-focused chips of its own. "As piece of its full-stack AI portfolio, Huawei today unveiled the Ascend AI IP and chip series, the world's first AI IP and chip succession that natively serves utter scenarios, providing optimal TeraOPS per watt," proclaims the company's press release. "Their unified architecture too makes it facile to deploy, migrate, and interconnect AI applications across different scenarios," it says.

    Alibaba, the "Chinese Amazon" which is investing heavily in AI capailities is too reported to exist developing a current AI chip for release next year.

    10/10/2018 Apple buys machine learning firm Spektral

    Apple had kept its $30m acquisition of virtual reality (VR) firm Spektral terminal year a surreptitious until Danish newspaper Brsen got hold of the story, reports Apple Insider.

    Spektral, whose founders absorb now joined Apple, was a startup specialising in computer vision, using profound learning techniques and GPU hardware to ameliorate the real-time processing of images and video directly from the camera. Apple is known to exist keen to obtain ahead in the province of augmented reality (AR), and Apple Insider speculates that this may exist behind the acquisition. Apple recently changed the design of iPhone cameras to better uphold AR and VR it notes.

    10/10/2018 What's current in Spark and machine learning?

    Creating useful machine learning models is a tough job, but making models that are robust enough to uphold trade processes operationally is far tougher still. This is why the web giants build their own platforms to uphold their data scientists and then engineers. Matei Zaharia and Andy Konwinski of Databricks told Computing about two open source projects that are designed to bring such capabilities to within the gain of mere mortals. ML flood is a framework for standardising and packaging workflows and models, while Project Hydrogen improves the integration of Popular profound learning frameworks such as Tensorflow and PyTorch with Apache Spark. Read the full yarn here.

    09/10/2018 Autonomous agents are the next side of enterprise AI, claims Fetch.AI

    What if AI could pilfer on tangled negotiation tasks without requiring human intervention? This is where they are going next, according to Cambridge-based startup Fetch.AI, which recently partnered with Clustermarket, a booking platform for loaning scientific equipment. Using the system, instruments are represented by autonomous agents which navigate a virtual landscape seeking the best viable deal for themselves and optimising availability and charge overall. Read more here.

    Okta, Inc. (OKTA) CEO Todd McKinnon on Q3 2019 Results - Earnings call Transcript | killexams.com actual questions and Pass4sure dumps

    No result found, try current keyword!Our professional services low margin was negative 3.2% compared to negative ... Microsoft couldn't build every application, so they’ve built the Windows platform and then the app developer community ...

    Okta, Inc. (OKTA) Q3 2019 Earnings Conference call Transcript | killexams.com actual questions and Pass4sure dumps

    Image source: The Motley Fool.

    Okta, Inc. (NASDAQ: OKTA)Q3 2019 Earnings Conference CallDec. 5, 2018, 5:00 p.m. ET

    Please stand by. trustworthy day and welcome to the Okta Third Quarter 2019 Earnings Call. Today's conference is being recorded. At this time, I'd dote to spin the conference over to Ms. Catherine Buan, Vice President of Investor Relations. delight retract ahead, ma'am.

    Good afternoon and thank you for joining us on today's conference call to argue Okta's fiscal third quarter 2019 pecuniary results. My title is Catherine Buan, VP of Investor Relations at Okta. With me on today's call are Todd McKinnon, Okta's Co-Founder and Chief Executive Officer; Bill Losch, the company's Chief pecuniary Officer; and Frederic Kerrest, the company's Co-Founder and Chief Operating Officer.

    Statements made on this call comprise forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding their pecuniary outlook, their market positioning, and benefits that may exist derived from their recent acquisitions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may antecedent their actual results, performance, or achievements to exist materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. You should not dependence upon forward-looking statements as predictions of future events. Forward-looking statements represent their management's beliefs and assumptions only as of the date such statements are made.

    In addition, during today's call, they will argue non-GAAP pecuniary measures. These non-GAAP pecuniary measures are in addition to and not a substitute for or superior to measures of pecuniary performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP pecuniary measures versus their closest GAAP equivalents. For example, other companies may cipher non-GAAP pecuniary measures differently or may use other measures to evaluate their performance, utter of which could reduce the usefulness of their non-GAAP pecuniary measures as tools for comparison. A reconciliation between GAAP and non-GAAP pecuniary measures is available on their earnings release.

    Further information on these and other factors that could impress the company's pecuniary results is included in filings they get with the Securities and Exchange Commission, the SEC, from time to time, including the section titled "Risk Factors" in the quarterly report on profile 10-Q previously filed with the SEC. You can too find more detailed information in their supplemental pecuniary materials, which includes trended pecuniary statements and key metrics posted on their Investor Relations website.

    Now, I'd dote to spin the call over to Todd McKinnon. Todd?

    Thanks, Catherine, and thanks to everyone for joining us today. Before they start the call, I'd dote to pilfer a flash to recognize this day of memorial for the late President George H.W. Bush. They reverence his presidency and lifetime of public service to their country and their thoughts are with his family today.

    Our third fiscal quarter was another outstanding quarter for Okta, with total revenue and calculated billings both up 58% year-over-year. They continued to invest across their trade while improving their bottom line. Operating margin improved over 22 points and free cash flood margin improved more than 18 points year-over-year, making us free cash flood positive for the first time.

    We too had a record quarter in terms of customer growth. They added over 450 current customers in Q3, bringing their total to over 5,600 customers. Even more exciting is the momentum with their largest customers. They saw 55% growth in customers with over $100,000.00 in annual recurring revenue, which represents a record 100 net current adds in the quarter.

    This momentum is an indicator that identity is an increasingly strategic imperative for organizations in every industry and validates Okta's approach to helping organizations manage utter their identities through their independent cloud platform. As a reminder, they address two markets: workforce identity, the identities of employees, contractors, and partners, and customer identity, the identities of their customers' customers.

    We closed a number of significant deals in the quarter. I'll highlight a few of them.

    First, Hertz Global Holdings, a car rental company that operates in 150 countries, is an exciting current deal for us. The company chose Okta to securely connect utter of its employees to the hundreds of applications they use to rush their business. Hertz will use their workforce identity products, namely Okta sole Sign-On, Universal Directory, and Multifactor Authentication, to provide a better and more secure user sustain for its associates around the world and reduce IT helpdesk and administration costs.

    Next, an international pecuniary services company with over 750,000 members was a current customer identity and workforce identity win for us in the quarter. The company recognized that its outsourced identity solution lacked a full view of its customers and did not uphold its digital initiatives. They worked with Deloitte to find a sole identity platform that could manage and secure both its members and employees. They selected Okta's customer identity products to provide personalized experiences for its members and their workforce identity products, including sole Sign-On, Universal Directory, Lifecycle Management, and Adaptive Multifactor Authentication, to streamline employee access to workforce applications.

    A noteworthy upsell in the quarter was the U.S. Department of State, who had initially purchased Okta for authentication for its more than 100,000 external industry partners, but will now expand to its entire workforce. The situation Department evaluated multiple identity solutions to strengthen its security pose and uphold its transition to the cloud. They believe the situation Department selected Okta as its enterprisewide workforce identity solution because of their credibility across the government sector to secure identities and digital assets across a wide variety of users and technologies.

    Okta sole Sign-On, Universal Directory, Lifecycle Management, and Adaptive Multifactor Authentication products will provide 170,000 situation Department employees, contractors, and agency partners with secure, seamless access to web and cloud-based applications, such as Office 365, ServiceNow, Box, and AWS.

    We are very excited about the customer momentum in the quarter. Not only are they seeing more deals, we're too seeing broader adoption of their technology and we'll continue to innovate and expand on their platform. There are a pair of overarching takeaways I want to highlight from the third quarter.

    First, they are seeing traction with the investments they absorb made in their partner strategy. In particular, their partner ecosystem is growing significantly, as the awareness around identity is increasing and the space is becoming better defined. Meanwhile, large players, such as Deloitte and VMWare, absorb recognized Okta as a vendor of choice for identity solutions, which further enhances their positioning in these partner opportunities. They are pleased with their momentum in partner deals in the quarter, including the U.S. Department of State, and believe they are in the early innings of seeing upside from these relationships.

    And, second, we've continued to build out their Zero dependence security framework. terminal quarter, I talked about their acquisition of ScaleFT as an Important step in furthering their position in Zero dependence security. They believe that identity is the foundation for enabling Zero dependence security and we're encouraged to contemplate that validated both by their customers and the industry.

    Last month, Forrester Research published its first-ever Wave evaluation of the Zero dependence security framework, in which Okta was recognized as a strong performer and earned the highest viable score in the criteria "People," "Workforce Security," "Vision and Strategy," and "Market Approach."

    We're very pleased with their consistently strong results and the momentum we're seeing and they deem it's' being driven by several factors. They believe significant technology transitions are pushing the market in their direction. First, every organization they talk to is on a journey to the cloud. Second, they're thinking about how to become technology companies and better engage with customers online or through custom and mobile applications. And, third, security has become a priority at the highest level.

    As these transitions unfold, organizations are recognizing the faultfinding role that identity must play in their environments. And while cloud, digital transformation, and security are top priorities, most organizations are silent relatively early in their journeys to realize their full potential. They believe Okta's break will grow alongside utter three of these transitions as they continue to ripen over time.

    The market is validating their belief that identity is the foundation for securely connecting people and technology and they believe that Okta is leading in identity and winning for a few Important reasons.

    First, they absorb a fundamentally different approach to the space than their competitors. The Okta Identity Cloud is a completely independent and neutral cloud platform for identity. Because their trade isn't tethered to the success of specific applications, customers value that Okta will let them select and continuously adopt the best technologies for their business. Their customers deem of Okta as an independent platform that helps them future-proof their technology investments.

    Second is the Okta Integration Network. Because of the central role Okta plays for their customers, they strive to integration every technology those customers will want to use. With more than 5,500 pre-built integrations to cloud and on-premise applications and advanced integrations, the network security providers dote Palo Alto Networks, security analytics providers dote Splunk, and IT operations providers dote ServiceNow, they believe the Okta Integration Network is their sole biggest differentiator in the market.

    The breadth and depth of their integrations are critical, especially in this industry, because the kinds of capabilities that they offer are only as useful as the technologies they integrate with. Many of the reasons their customers treasure Okta are the result of their long-term and continued investments in innovation in the Okta Integration Network, reasons such as the hasten of implementation, the aptitude to rollout applications in days or weeks versus months or years, the aptitude to address a very tangled set of problems with a simple and intuitive solution, and the aptitude to sustain pace with technology.

    And what we've seen as a result is a powerful network outcome that is generating a ton of value for Okta, their customers, and their ecosystem of partners. As they integrate to more technologies, they become more valuable to their customers. As they attract more customers, technology providers become more incentivized to integrate to Okta.

    The third intuition we're winning is that we're uniquely able to serve as the identity benchmark for their customers because they offer a sole identity platform for every ilk of user in an organization's ecosystem, from their employees and contractors to their partners and their customers. Increasingly, we're seeing customers adopt Okta as this sole benchmark and retire legacy infrastructure along the way, including both longtime customers, dote Experian, Allergan, or Adobe, and current customers, dote Major League Baseball, who recently presented at their Investor Day. They are able to manage and secure utter of their identities in a consistent route from a sole platform.

    The terminal thing I'll call out that sets us apart is their customer-first focus. They deem of customer success in a much broader route than most technology companies, even most cloud technology companies. For most, customer success is about making confident customers are successful on your platform, that they're able to successfully implement it and use it. This is, of course, dependable for us as well. However, since Okta is an enabling platform for people and technology, it has to exist more. Their customers buy Okta to get the repose of their technology even better.

    For example, many use Okta to automate provisioning from their HR systems to downstream applications. Even more use Okta to rollout applications dote Office 365 to highly distributed environments. Their metrics for success aren't just about being successful with Okta, they're about being able to automate provisioning through Workday to ameliorate employee on-boarding and off-boarding or being able to rollout Office 365 to large global organizations in a matter of weeks.

    These are the kinds of success stories they supervision about most and since we've done these kinds of implementations countless times, their customers are able to lank on their sustain and expertise to ensure they're successful with Okta and the technologies they connect to.

    In summary, the market is being driven their way, as momentum in cloud, digital transformation, and security are utter converging on identity. And we're winning because of their independent and neutral approach, the breadth and depth of the Okta Integration Network and their aptitude to offer one platform for every use case, and their customer-first focus.

    Thanks again for your time today and I'll now spin it over to Bill to walk through the pecuniary results.

    Bill Losch -- Chief pecuniary Officer

    Thanks, Todd. And thanks again to everyone for joining us. I'll first retract through their results for the third quarter of fiscal year 2019 before discussing their outlook.

    We had another strong quarter, with revenue totaling $105.6 million, growing 58% year-over-year. Subscription revenue totaled $97.7 million in the third quarter, an increase of 58% year-over-year, representing 93% of their total revenue, up slightly from 92% in Q3 terminal year. Professional services revenue was $7.9 million, an increase of 56% over the very term terminal year.

    Revenue from outside of the U.S. grew 58% year-over-year and represented approximately 16% of their third quarter revenue, consistent with Q3 terminal year. They continue to view their international trade as a long-term growth driver and they are investing strategically to foster this incremental growth opportunity.

    Moving on to billings, the current portion of calculated billings growth for the quarter was 57% year-over-year. Total calculated billings for the third quarter totaled $124 million, an increase of 58% over Q3 terminal year. They were very pleased with their calculated billings growth and the underlying exact that continues to drive their business. Contributing to their lofty billings growth rate was better than expected bookings linearity in the quarter and the profitable timing of certain invoices.

    Our growth has benefited from momentum of current customer additions as well as upsells within their customer foundation across utter of their segments. The total number of customers at the cease of the quarter was over 5,600, up 42% year-over-year, a slight acceleration from Q2. They saw broad additions across their enterprise customer foundation and added a record number of net current customers with annual recurring revenue greater than $100,000.00, up 100 from the previous quarter to 937, representing a 55% year-over-year growth.

    Our dollar-based retention rate for the trailing 12 months ended October 31st remained strong at 120%, demonstrating the ongoing success they are having expanding within their existing customer base.

    Before turning to expense items and profitability, I would dote to point out that I will exist discussing non-GAAP results going forward. Their GAAP pecuniary results, along with the reconciliation between GAAP and non-GAAP results, can exist organize in their earnings release, as well as the supplemental materials posted on their Investor Relations website.

    Subscription low margin continues to exist strong at 82.2%, up 180 basis points versus the third quarter terminal year. Their professional services low margin was negative 3.2% compared to negative 30.6% in the third quarter terminal year, primarily due to strong utilization and improving operational leverage. Total low margin was 75.8% for the third quarter, up 380 basis points year-over-year. low profit was $80 million, up 66% year-over-year. Their low margin represented a current record lofty as they continue to scale their platform.

    Turning now to operating expenses, sales and marketing expense for Q3 was $50.7 million compared to $43.7 million in Q3 terminal year. This represents 48% of total revenue, an improvement from 65% in the third quarter terminal year. This year-over-year improvement was aided by the expense repercussion due to the timing of Oktane, their annual customer event, which was held in Q3 of terminal year but in Q2 of this year.

    R&D expense in Q3 was $21.3 million compared to $14 million in Q3 terminal year. This represents a growth rate of 52%, as they continued to invest significantly in the Okta Identity Platform and their Okta Integration Network. At the very time, R&D as a percentage of revenue remained fairly consistent at 20% compared to 21% in Q3 terminal year.

    G&A expense was $14.5 million for the third quarter compared to $9.9 million in the third quarter terminal year. G&A was 14% of revenue, an improvement from 15% for Q3 terminal year.

    Our total headcount was 1,473 as of October 31st, growing 29% over Q3 of terminal year. They are adding headcount across the board to uphold the growth of their trade and hope headcount growth to continue to accelerate in the fourth quarter as they further invest in their go-to-market initiatives and innovation across their platform capabilities.

    We remain focused on durable growth and as a result, they contemplate continued improvement in their operating margin while maintaining strong top-line growth. Operating loss in the quarter was $6.5 million, which is a margin of negative 6.1%, compared to a negative 28.9% in the very term terminal year, a significant improvement of over 22 points. Net loss per share in Q3 was $0.04 with 109 million basic shares outstanding. This compares to a net loss per share in Q3 terminal year of $0.19 with 95 million basic shares outstanding at the time.

    Operating cash flood was positive $6.4 million in Q3. Operating cash flood margin was 6.1% compared to negative 14.2% in Q3 terminal year, an improvement of over 20 points. Their top-line outperformance and continued margin improvement resulted in positive free cash flood in the quarter for the first time. Free cash flood came in at a positive $1.4 million in the quarter. Free cash flood margin was 1.3%, an improvement of over 18 points compared to a negative 16.8% for Q3 terminal year.

    We are particularly pleased with this given the repercussion they saw with CapEx in the quarter due to their ongoing headquarter office expansion. While they are encouraged by their strong cash flood performance in the quarter, they continue to hope to contemplate variability in free cash flood margin due to this expansion, along with ongoing fluctuations in working capital.

    Turning to the poise sheet, they ended the third quarter with $546 million in cash, cash equivalents, and short-term investments. This includes the net proceeds of $307 million from the convertible senior notes they issued in Q1.

    Moving on to guidance, for the fourth quarter of fiscal 2019, they expect: total revenue of $107 million to $108 million, representing a growth rate of 39% to 40% year-over-year; non-GAAP operating loss of $12.5 million to $11.5 million; non-GAAP net loss per share of $0.09 to $0.08, assuming shares outstanding of approximately 110 million.

    For the full-year fiscal 2019, they now expect: total revenue of $391 million to $392 million, representing a growth rate of 52% to 53% year-over-year; non-GAAP operating loss of $49 million to $48 million; non-GAAP net loss per share of $0.37 to $0.36, assuming shares outstanding of approximately 107 million.

    Although they are silent early in pecuniary planning for fiscal 2020, I would dote to provide a preliminary view as you perceive at your models for next year. They currently evaluate revenue for fiscal year 2020 to exist between $510 million and $520 million, representing a growth rate of 30% to 33%.

    In summary, I'm pleased with their consistent execution and the results they reported this quarter. They remain committed to durable growth, as outlined at their Investor Day in October. They contemplate this growth coming from customer momentum, partner channel traction, international expansion, and innovation in their platform and network. In particular, this quarter, we're excited about the continued traction they contemplate across their partner ecosystem. They remain confident in their positioning and long-term strategy.

    As Todd mentioned, they contemplate capitalize from the market tailwinds that are elevating the requisite for identity. These tailwinds, in addition to the success we've seen with their leading platform, Integration Network, and customer-first approach, continue to do us in a winning position. They are excited about the opportunities ahead and perceive forward to closing out the year on a strong note.

    With that, Todd, Frederic, and I will pilfer your questions. Operator?

    Questions and Answers:


    Thank you. If you would dote to hunt information from a question, delight signal by pressing "*1" on your telephone keypad. If you are using a speakerphone, delight get confident your mute office is turned off to allow your signal to gain their equipment. Again, press "*1" to hunt information from a question.

    And we'll pilfer their first question today from Sterling Auty with J.P. Morgan.

    Sterling Auty -- J.P. Morgan -- Analyst

    Yeah, thanks. Hi, guys. I believe Microsoft Azure lively Directory had a pair notable outages in the recent past here and I'm just wondering if that's actually changed the conversations or the number of discussions driving more interest in your solution or is it even having an adverse outcome where companies are perhaps nervous about identity in the cloud?

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Hey, Sterling. It's a trustworthy question. We're having so many conversations with so many customers and they utter kindhearted of succeed the very key, broad trends. One is just customers requisite hearten adopting more cloud. They're thinking about apps -- Office 365, Google Apps. They're thinking about infrastructure -- Amazon, Azure. They're thinking about trade apps -- Salesforce, Workday, ServiceNow.

    And the reliability, as you mentioned, is one thing but there's just a total host of things they're trying to figure out. And they're trying to figure out security, to get confident these apps are accessible and secure. They're trying to figure out how to obtain the most trade benefits out of it. And they are increasingly realizing that identity is the key to a lot of that. If you want to accomplish secure deployments, if you want to accomplish quick deployments, if you want to accomplish deployments that will obtain the trade benefits, you absorb to absorb your identity yarn straight.

    Vis a vis Microsoft, specifically, one thing that's animated is that, because of their breadth of customers, now over 5,600 customers, and many, many of those customers using some technology from Microsoft, they actually obtain visibility into the reliability of Microsoft's products. So, they actually -- it's not just in conversations with customers or prospective customers, but it's conversations with existing customers, talking about what was the extent of this outage, can you understand how broadly the repercussion was.

    So, we're able to hearten customers understand the breadth of some of the technology choices they are using and the pros and cons and that's the capitalize of being this independent and neutral platform. So, I would screech it is something they contemplate but in the grandiose scheme of things, it's one of the many conversations we're having.

    Sterling Auty -- J.P. Morgan -- Analyst

    All right. Great. And then one quick follow-up on Zero Trust. How should they deem about what portion of the Zero dependence architecture that Okta will ultimately provide? And I guess what I'm thinking about is it seems like, in some of these models, you'll absorb some of the cloud gateway companies playing a role as well. So, is that an region where they should perceive for increased partnership from Okta touching forward?

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    It's a trustworthy question. So, Zero dependence is the term in the industry these days -- it's a fairly recent term in the industry -- which basically means don't dependence the network. Give the user the very sustain regardless of whether it's an internal network or a network from home or a network from a coffee shop. Give them the very experience. very worthy ease of use and, most importantly, very worthy security.

    So, many times, customers aren't asking for Zero Trust, per se, they're asking for, "How accomplish you get this utter secure?" And they're saying, "We treasure the cloud. We're trying to build better customer-facing applications but security is paramount and they requisite hearten securing that all." And what they're increasingly realizing is that identity is the key to that. You absorb to control identity to give a really worthy user sustain and a secure user experience.

    So, now Zero dependence is the industry trying to do a design pattern in situation around what this truly looks dote and what are the different components you requisite and what accomplish you requisite on the client. What accomplish you requisite on the device? What accomplish you requisite in terms of, as you mentioned, gateways and other things? And people absorb different opinions but one thing that's becoming very lucid is that you absorb to absorb identity covered well and you absorb to absorb a trustworthy identity backbone to accomplish security and to accomplish Zero Trust.

    So, I deem what you'll contemplate is -- and you contemplate it in their results -- that identity is prevalent and pervasive, especially as customers accomplish more cloud and want to exist more secure. And then the actual details of that, whether you requisite a gateway or how the VPNs suitable in, those details will exist figured out over time but identity is going to exist at the core.

    Sterling Auty -- J.P. Morgan -- Analyst

    Got it. Thank you.


    Next we'll hear from Terry Tillman with SunTrust.

    Terry Tillman -- SunTrust Robinson Humphrey -- Analyst

    Hey, trustworthy afternoon, everyone. Thanks for taking my questions and worthy set of results. Maybe the first question because they heard a lot in your all's prepared remarks about partner momentum. I know earlier in the year it looked dote you utter kindhearted of refined your partner program with partner Connect and maybe redesigned it. So, I don't know if some of that's behind kindhearted of this amped up success with partners but maybe you could just talk about some of the things, structurally, you've been doing around partnering. And then maybe, more specifically, VMWare and Deloitte, a limited bit more specificity in terms of the momentum with them.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Yeah, absolutely. Hi, Terry, this is Frederic. delighted to talk about that. I deem you bring up a very Important point, which is the weight of partners in their business. It's something we've obviously been working on for a number of years. These things are not things that you can just spin on overnight. I deem you highlighted a pair of examples of some of the broad categories that I would point to and that they contemplate a lot of momentum growing in their business.

    The first one are the global system integrators. You mentioned Deloitte, but too some of the other folks that are out there as strategic advisors and implementers to large enterprise and public organizations. Deloitte is doing very well. I was just, actually, in Europe terminal week with a number of their customers opening up their Franc office and had an break to converse with some of the senior partners there and they're as excited in Europe as they are in North America to drudgery with us, both on the security implementation side but too on the large digital transformation projects that they want to exist involved with.

    The second piece are very large technology partnerships that are starting to Come into play. Again, you mentioned a very Important one, VMWare. For those of you who might not recollect utter the details, they announced an Important partnership that they started terminal May at Oktane with VMWare with first technology and trade integrations between their teams. They furthered that at VMWare's VMWorld and VMWorld Europe in Barcelona in early November, where they talked about the second level of technology integration, as well as extending that partnership out to VMWare's channel. And, again, in Europe terminal week, I heard from a lot of folks in the VMWare channel who were very excited about this partnership, as well as customers and prospects excited at seeing us drudgery with such a large and Important company and an Important piece of technology for them.

    And then, finally, I would just point to the Okta Integration Network, which continues to exist the de facto benchmark in the industry for the best and broadest, deepest integrations across thousands of not only applications, but pieces of infrastructure, networking gear, and everything else, with dozens of advanced integrations that are really benefiting their customers, where they find these solutions, end-to-end, drive a lot of value.

    So, they are seeing a lot across utter the different pieces of their partner ecosystems, which they continue to invest in, but dote their business, these are early days and the opportunities ahead are very large and we're excited to sustain structure upon these results.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Yeah. And I would add, Terry, that the programmatic things that Freddy talked about are very Important but one thing I've noticed is that the trade results we're showing are really motivating the partners. So, if you talk about 100 current deals over $100,000.00 in ARR, partners notice that as well and they want to exist on board with the latest trends and the leader in this industry. And the trade success and the momentum in the market has driven the partner momentum as much as anything else we've done programmatically.

    Terry Tillman -- SunTrust Robinson Humphrey -- Analyst

    That's great. Thanks to both of you for the answer. And I guess just my quick follow-up is on ThreatInsight. Todd, I know earlier in the year, you utter kindhearted of unveiled kindhearted of where you could retract with utter this analytics horsepower. It looked dote the route some of this could drudgery is you absorb to buy the higher charge point, the SSO or the MFA product, to obtain access to it. But what can you just accomplish in terms of an update on ThreatInsight, how it's being received, and just where you are with that? Thanks again.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    ThreatInsight, essentially, it's really Important for the value it delivers to customers and it delivers value in a route that's pretty special. Because they contemplate so many customers and so many logins, they can detect threats across the entire ecosystem and then they can expose that threat intelligence back to individual customers and let them configure policies in Okta that would get certain decisions based on those threats that are apropos to an individual customer. So, because they contemplate the data, they can get the product more valuable for individual customers and it's one of the benefits of being on the cloud platform.

    ThreatInsight is going very well. They are continuing to roll it out and uptake has been very positive. We're working with getting a lot of feedback from customers, not just on ThreatInsight but in the overall policy engine and continuously innovating around the capabilities, as they accomplish for utter of their features. They absorb this model, this cloud model, which allows us to continuously release features and functions but too the data changes utter the time. So, as threats emerge, it's updated in real-time in ThreatInsight. So, it's a very powerful capability that's being well-received by the customer base.


    Mr. Tillman, accomplish you absorb anything further?

    Terry Tillman -- SunTrust Robinson Humphrey -- Analyst

    I deem I've taken enough of their time. Thank you.


    Thank you. We'll now hear from Alex Henderson with Needham.

    Alex Henderson -- Needham & Company -- Analyst

    Great. Thank you very much. I was hoping you could talk a limited bit about the competitive landscape relative to Cisco's acquisition of Duo and to what extent you're seeing any change in the conduct of customers that they've been associated with or to what extent, as you're going through your competitive processes, you are taking more trade from that channel or any change in that dynamic?

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    We haven't seen a change. The broad picture is that there are a lot of deals. I mean, the market is really accelerating. There are a lot of deals. And the overall competitive trends are very consistent with what we've seen. Their win rates absorb been consistent for several years with respect to utter the competitors.

    The competitors are different. It's very different when you're competing with someone dote a Microsoft, where the dynamic is, customers, they really don't want to exist locked into Microsoft. They're worried about lock-in to a certain platform, particularly Microsoft. So, there, it's about this broad identity platform that can uphold multiple technologies, give the customer choice and liberty from any kindhearted of being driven down a certain path. That's powerful to them.

    Different competitors are different. So, maybe a legacy competitor, it's utter about a product set that's not being updated or not being migrated to the modern environment and they contemplate us as their pathway to the future, their pathway to the cloud, their pathway to digital transformation. Or a point competitor, maybe that just doesn't absorb the breadth of coverage and can't obtain into deals and can't cover the field. Or maybe it's just more of the niche solution, not a broader platform.

    So, I think, back to your question about Duo and Cisco. First of all, you asked the question about competitive but I would first screech that they are very strong partners with both Cisco and with Duo. Duo, they absorb a seamless integration with Duo on their platform. They absorb a very seamless integration with Cisco, their firewall products. So, we're very, very delighted with those partnerships and those continue to exist productive.

    On the competitive side, they accomplish absorb some product overlap with Duo and they continue to compete with them. And I deem it's natural that you're going to see, any time there's a broad acquisition dote that, you're going to contemplate some disruption, in terms of the execution of them independently. And I deem they are seeing that to some degree. But they deem that the partnership will continue and where they compete, we'll compete, and the environment will exist consistent over time. And the broad picture, there's a lot of value to exist created for customers and we're busy trying to capture and deliver that as much as possible.

    Alex Henderson -- Needham & Company -- Analyst

    Just one broader question. So, clearly, as we're touching to a world where the focus of gravity of security is touching out of the enterprise and into the cloud, the architecture of security delivery has to change. And I assume that no sole company is going to exist able to provide the full platform. In that environment where we're federating multiple security clouds together, does Okta cease up being the primary connective tissue between them? And if that's the case, what role accomplish you play in the policy piece of that?

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Well, I think, if you deem about the definition of the word "platform," at least how they deem about it, a platform, by definition, is a set of underlying capabilities that then other people build on top of to provide the full set of value to the ecosystem. So, if you deem of Windows, Microsoft couldn't build every application so they built the Windows platform and then the app developer community built utter the applications. If you deem about -- there's other examples -- iOS, right? Apple couldn't build utter the apps into iOS so they opened up this platform and the app store and then developers built it.

    So, when you screech the entire security ecosystem, they absolutely agree. They deem that no one company can build it all. It's utter about choice for the customers. But then you obtain down to what is the platform and what is the birthright thing to pivot off of to exist the basic thing you requisite to absorb a wield on but then other people could build around? And for us, that's identity. They deem by being the system of record for identity, they can exist the foundational platform and other people can build around us. So, the route they deem about the world is we're the identity platform and then utter these other adjacent categories will plug into us and provide the "applications" for their platform. So, that's how they deem about the world. And if you deem about looking at how we're investing in the product, it's consistent with that.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    I think, Alex, just to add on that, you contemplate that too from a customer perspective. I mean, what they screech is they're very excited about a lot of the advanced integrations that they absorb in the Okta Integration Network because it allows them to leverage the investments that they've made -- for example, in Palo Alto Networks -- obtain it pre-integrated with Okta and that route they can obtain more value out of both of the solutions. The Palo Alto Networks firewall can talk to Okta and back and forth. So, you actually obtain more information by connecting them.

    In fact, they absorb a number of -- and I contemplate this more and more with their large enterprise customers. A trustworthy case is a large pecuniary institution, I deem in Texas, was the first one to accomplish this. They are now actually writing into utter of their current technology contracts that the solutions they're buying must exist pre-integrated to Okta. So, what you're getting is not only the existing technology vendors know that they requisite to partner but the next generation of security vendors are coming to us and saying, "Clearly, you're the current identity standard. This sole identity platform, it's foundational. They want to get confident we're pre-integrated to it." And you really contemplate that flywheel spinning, which I deem is going to exist very exciting for customers' success in the times ahead.


    Next, we'll hear from Richard Davis with CG Financial.

    Richard Davis -- Canaccord Genuity -- Analyst

    Thanks. So, maybe I'll pilfer a remix on Sterling's question a limited bit. So, when accomplish you guys deem we're going to obtain to the point where you and maybe another modern security vendor or two will allow chief security officers to reclaim money and kindhearted of de-provision or desist spending on security systems that -- when I talk to these guys and gals, they're just like, "We know we're over-insuring with stuff that's repetitively redundant," so to speak. accomplish you deem there's a point where they obtain to that point? Where you can walk in and go, "Look, it's a difficult $1.00 ROI. You can carve off six different things." Thanks.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    I deem that's an animated question. From their perspective, it's about the choice, right? And it's about the choice to pick the apps, the infrastructure, the platforms, the security tools that are best for the customer. I deem in some cases that's a consolidation of spend around certain vendors. In some cases, it's branching out into current areas for some trade drive or trade growth. I deem that the flexibility customer needs -- I think, as many customers I talk to that want to consolidate and carve down on vendors, many more are branching into current areas and want to expand. So, I deem it's got to absorb flexibility to retract both ways.

    But I accomplish deem that you absorb to -- and I deem you contemplate this in utter the super successful companies. You absorb to manage something that is something that the customer can pivot around, whether it's -- with us, it's the person and the identity. With other vendors, it's different things. But we're very confident that their strategy of being the system of record for identity is the birthright strategy and give customers the flexibility to pilfer the technology in the route it needs to exist best for them.

    Richard Davis -- Canaccord Genuity -- Analyst

    Got it. And then just a quick follow-up. So, we've seen identity management kindhearted of evolve from password reset companies to multifactor to adaptive MFA. So, absorb you guys ever said how much penetration the -- whatever, the highest piece of Maslow's Hierarchy of Identification is there? Is it 10%? Is it 5%? I mean, I know you're at the foothills. absorb you looked at that on that basis at utter or not?

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    I deem it's -- I don't absorb the numbers. I deem it's -- my stamp from customers I talk to and so forth, the super sophisticated machine-learning driven is very, very rare. I deem most customers are trying to obtain things integrated and obtain the birthright security policy on the birthright resources. I deem the swear is, longer term, more autonomous, more machine learning ilk things, kindhearted of the truly adaptive for everything. But most customers just want the flexibility to connect utter their technology and then accomplish policies appropriate for the birthright resources based on the risk level. And I deem that people know it's a trustworthy idea. The intuition it's difficult is because stuff's not integrated. And one of the things we're doing is trying to bring that pre-integrated approach to it with the Okta Integration Network. And they deem if they can integrate everything, they can give customers basically a fighting random to accomplish the birthright policy on the birthright resources and that's going to get things much better, in terms of ease of use for the users but too for security.


    We'll now hear from Heather Bellini with Goldman Sachs.

    Heather Bellini -- Goldman Sachs -- Analyst

    Great. Thank you so much for the question. I had two for you guys. I guess the first one would exist you continue to just absorb a really trustworthy improvement in the net current customer weigh with over $100,000.00 in spending. Ninety terminal quarter, 100 this quarter. Is something changing in terms of the number of products they might exist purchasing upfront for the first time? Is it potentially that they're just doing larger deal sizes of a sole product than maybe what you were seeing before? I just was wondering if you could give us some color there.

    And then I had a question. I know someone asked about some of the issues that Microsoft had over the terminal few months. But I was more wondering, when you contemplate headlines dote the one with Marriott terminal week, does that ever -- accomplish you contemplate breaches dote that ever causing kindhearted of a spike in deal activity or at least RFPs for you guys? Thank you.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Thanks, Heather. I'll pilfer the first question regarding what we're seeing in that momentum. I deem it's a pair of things. First of all, obviously, we're very fortunate in that we're addressing two large markets: workforce identity management and customer identity management. So, what you contemplate is you contemplate customers that can now start in either of those large two markets with any of their five different products. And as you start working with larger and larger organizations, whether they're governmental organizations or private companies, they find more and more ways to use the product. So, they could start, for example, with Multifactor Authentication for a customer situation and then they could find ways to deploy it internally for workforce. So, there's a lot of points where they can land and expand.

    No. 2, I deem you're starting to contemplate us just -- there's a natural momentum between, as they roll out 40 current releases a year in their agile software progress model, there's a lot more features and functions coming utter the time and there are more and more advanced use cases they can hearten customers address. At the very time, you're starting to contemplate larger and larger enterprises turning around and saying, "We are going to absorb a cloud-first approach." terminal week when I was in Europe, I recollect meeting with a large utility a pair of years ago and they said, "We're never going to absorb anything in the cloud." And that very utility, one of the largest utility companies in Europe, started the conversation terminal week with, "We now absorb a cloud-first mandate across the business."

    And so you're just seeing much larger organizations adage they absorb to obtain on this journey to the cloud. They absorb to undertake a digital transformation. And so the convergence of us being able to provide more solutions for them and the enterprise finding more and more ways to leverage the service, I deem is what you're starting to contemplate drive those results. By the way, that's the very intuition that organizations dote Deloitte are finding more and more interest in working with us because, obviously, they're working with the largest organizations in the world. What I would say, though, is it's very early. So, I deem that, in this transformation, their best days, by far, are ahead of us in helping these large enterprises. We're very delighted with the results they absorb but I deem that it's going to exist very exciting in the times ahead.

    And then on the second piece regarding Marriott specifically. They can't point to anything this week, where there are more inbound phone calls from organizations looking for that. Certainly, it is ill-started whenever you read one of those headlines for those organizations because it's a very tough position to exist in.

    But, yes, I deem it highlights a pair of things. First of all, it highlights the fact that every company has to deem about how they're going to modernize their technology and how they're going to prioritize security in a current way. Whether you're a high-tech company, whether you're a retail company, whether you're in the hospitality industry, it applies to every organization.

    No. 2, I deem it too highlights what they utter know, which is there's a significant dearth of advanced software developers in the world, in North America, and specifically in security, and you can imagine that for a lot of these large companies, it's difficult just to attract utter of these advanced security software developers to their company.

    And then, finally, identity is only now starting to become the center. People are now starting to Come around to the fact that it is so critical. But it's pilfer a while and, certainly, a lot of these companies absorb had these resources available. So, Marriott's been out there with their programs for many, many years. Now it's time to modernize them.

    I deem I would just point to what they just said with the Albertsons customer press release that went out today as well. A very trustworthy case of a company that's been around 80+ years. They've had loyalty and rewards programs for a long time. But they realized it's time to modernize and so they started working with us a pair of quarters ago and today there's 30 million consumers accessing Albertons, Safeway, and utter of their customer identity management resources on a weekly basis. I deem those are the kinds of trends that you're going to contemplate more and more of in the times ahead and, certainly, they deem that we're very excited about the break to hearten a lot of customers with those opportunities in their businesses.

    Heather Bellini -- Goldman Sachs -- Analyst

    Great. Thank you very much.


    Next, we'll hear from Shaul Eyal with Oppenheimer.

    Shaul Eyal -- Oppenheimer -- Analyst

    Thank you. trustworthy afternoon, guys. Congrats on another set of strong results. I want to actually palpate on --

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Thank you, Shaul.

    Shaul Eyal -- Oppenheimer -- Analyst

    Absolutely. Absolutely. I wanted to hunt information from about some of the clients and compress announcements you've made, probably starting with Albertson. It appears to exist a sizable customer. I deem you indicated 30 million customers/users, from their perspective, interacting on a weekly basis. Was that a displacement? Probably not but just want to hear your thinking about it. And too maybe talk to us, Todd or Freddy, about the process, maybe the timeframe it took from POC to PO and probably what are the other long-term opportunities you can contemplate with this specific client? And then I absorb a question on the situation Department contract. Thank you.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Yeah, absolutely. Thanks for the question, Shaul. I'll start with Albertsons. So, your first question was about what they displaced there. I mean, Albertsons, dote a lot of large organizations, has been built up over the years through M&A. Right? So, if you look, they have, today, dozens of different properties in food and drug retail. And so as these different organizations absorb evolved and as Albertsons has rolled up more and more of these different brands, each of those different companies has Come with their own set of infrastructure. So, in fact, there was legacy infrastructure but not just at Albertsons proper. At Safeway and at utter the other brands. And so what you absorb is this sprawl where they absorb many different installations. Some of them might exist homegrown. Some of them might exist a CA. Some of them might exist an Oracle or IBM.

    And so what happens is you, as an cease customer, it's a despicable sustain for you because you might absorb an Albertsons login and a Safeway login. You don't obtain the value across both of them. They don't know what you're doing. And then at Albertsons, obviously, they want one view of you so they know where you're purchasing across utter their properties, both on the web, on the mobile, physically inside the stores. And so by transforming across utter those different pieces of on-prem infrastructure, touching to a centralized cloud platform dote the Okta Identity Cloud, putting utter of those different resources inside one central database -- they're using their Okta Universal Directory -- and allowing their customers to absorb a much more seamless experience, it's enhancing the customer experience. But also, obviously, on the back end, providing Albertsons with much better visibility into what their customer is doing across utter these different properties. And that is the dependable value.

    So, absolutely, they did displace legacy technologies but it wasn't just one piece. It was, undoubtedly, many pieces that they were having a lot of vicissitude federating because they've been around for 10, 15, 20 years and inside different data centers and it gets very, very complicated.

    On your second question around the time to drudgery with the customer, I deem you'll probably exist pleasantly surprised. Albertsons has been a customer of ours for less than four quarters. I can retract back and perceive exactly but, certainly, I deem it was since the soar of this fiscal year where they signed up. And I deem that time to value is something that you really only obtain with a modern cloud platform. The fact that they were able to rollout 30 million customer visits on a weekly basis across utter these different myriad properties, both physically, both on the web, on mobile applications, and the fact they were able to accomplish that in a matter of a pair of quarters, that's how you obtain this customer success.

    And it's because of the foundational platform that they absorb in there that you start seeing -- they obtain very quick ROI. The TCO is easily understandable. And very quickly, they retract from us helping them unravel one specific problem, where they become then the identity benchmark and they become pervasive across their entire organization. And identity really becomes this foundational platform they obtain a lot of comfort around and they can build on. So, that's specifically around Albertsons.

    I believe you too had a question -- you said a follow-up question around the situation Department?

    Shaul Eyal -- Oppenheimer -- Analyst

    Freddy, thank you. This is really great, worthy color. And probably on the situation Department, that comes under the federal vertical. Talk to us a limited bit maybe specifically about this product, this contract, but too how accomplish you contemplate the break on the federal upright and what are you guys doing to probably accelerate that? Without a doubt, I would imagine such a compress should entice and accelerate the appetite to accomplish much more. You obtain the situation Department, you know these guys, they utter talk to each other, you can obtain a worthy reference here and the sky could potentially exist the restrict here in the federal vertical.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    I certainly hope that you're right, Shaul. So, we're working on that every day. In the meantime, I'll give you some specific details around that. Look, I deem public sector, very much dote the question around partners earlier on the call, this is not something you can spin on overnight. I mean, this is something we've been working on with a federal team in place, I think, coming over three years now. It's not just at the federal level but they accomplish very well at situation and local. And, again, you contemplate utter sorts of organizations seeing these major imperatives of the journey to the cloud and how they're going to become technology companies.

    I deem when you deem about public sector, and the U.S. situation Department is one case -- it's a trustworthy one, but it's just one case -- certainly, the federal fiscal year ends in September, which coincides with their Q3 which is why we're not terribly surprised to contemplate some trustworthy trade from the federal sector as they wrap up their year and they perceive to the year ahead.

    But I would highlight that we've been working on a lot of the underpinnings for their platform and to get it viable and a good, strong, viable, secure, reliable, scalable performance solution for the government agencies for a long time. For example, they absorb been HIPAA compliant for quite some time. They are now already FedRAMP Moderate, certified on the platform. And they too absorb autochthonous uphold for things live PIV and TAC, which allows the government to use a lot of their Okta workforce products.

    And then, finally, you contemplate a lot of broad initiatives that are happening inside the government. For example, the absorb the Modernize Government Technology Act, which establishes funds to improved federal technology. You too absorb the White House, which is pushing this cloud-smart strategy, which anything that can retract to the cloud should retract to the cloud. And I deem these are just some of the examples of what you see. And, obviously, we're very fortunate that they can hearten these organizations get those moves and we're very delighted with the success we've had.

    But, again, I deem the break in the times ahead is very good. Over the terminal pair of years, you've seen us drudgery more and more with government agencies, organizations dote the Department of Justice, the focus for Medicare and Medicaid Services, and now the situation Department. So, certainly, we're starting to obtain trustworthy traction. It's Important to get these customers successful, which they do, but we're very excited about the break ahead and I deem it's, again, very early days and we're excited about what they can possibly accomplish in this segment.


    Next, we'll hear from Pat Walravens with JMP Securities.

    Patrick Walravens -- JMP Securities -- Analyst

    Great. Thank you very much and let me add my congratulations. Hey, Todd, can you walk us through, just sort of at a lofty level, the steps that you're taking to get confident despicable guys don't violation the Okta network?

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Yeah. I mean, it's a broad focus for us. First of all, the main thing that customers -- when customers deem about Okta, the main thing that they are trying to unravel for is combining both ease of use for their cease users and security for their own applications and services. So, they contemplate Okta as a route to get their own technology more secure. And whether it's making confident that accounts are provisioned at the birthright time, making confident that the birthright people actually absorb access to the birthright services at the birthright time, making confident that there's the birthright amount of authentication, whether it's a sole password, whether it's multifactor, whether it's a certain policy, utter that makes a tremendous amount of improvement in how things are facile to use and then how things are secure. And if they're structure a customer-facing site or mobile app, you're doing utter of that while, at the very time, increasing their time to value and the productivity of their developers that they absorb to spend and build that thing.

    So, obviously, the foundation of utter that is that the Okta service itself is secure. And that's what we've hung their hat on. And by investing a tremendous amount in the basic architecture, the processes and procedures, the technology reviews, the redundancy, it's something that it has to exist built in from the ground up. It has to exist consistently followed for years and years and years. It has to exist piece of the culture. It's something that's very, very difficult to replicate.

    And it's not only a technical thing but it's too a communication thing. And they absorb this conversation with customers. And so there's a customer that's learning about us for the first time or whether it's a customer that's expanding their usage with us, we're very trustworthy at talking to them about this in a very open and transparent route so they can understand what they do. They can understand how they mitigate risk and they can understand why it's kindhearted of difficult to replicate and something that's very valuable to them as they try to transform their technology.


    Next, we'll hear from Gray Powell with Deutsche Bank. Mr. Powell, your line is open. If you are using a speakerphone --

    Gray Powell -- Deutsche Bank -- Analyst

    Sorry, can you hear me?


    Yes, they can hear you now.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Hey, Gray. strident and clear.

    Gray Powell -- Deutsche Bank -- Analyst

    All right. Hey. Thanks. Yeah, I'll exist quick. So, it definitely seems dote you utter absorb seen an uptick in the adoption of MFA this year. Just ballpark, where accomplish you deem overall industry adoption is or what stage accomplish you deem it's in? And then how accomplish you feel about the growth of the product set over the next 12 months versus the terminal 12? Thank.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    I deem Multifactor Authentication is -- the stage it is is that everyone knows it's a trustworthy idea. I deem it's silent too difficult to roll out, in general. I deem we're trying to get it easier by making it pre-integrated, by connecting it to their policy engine, by delivering it as a cloud solution. So, we're getting better but I deem there's a lot of -- the industry as a total has to bolt from "everyone knows it's a trustworthy idea" to having kindhearted of this broadly deployed multifactor connected to a policy engine and we're trying to help.

    I deem product innovation is faultfinding to us and we're very excited about what's ahead for us in terms of product innovation and releasing current capabilities. And we're going to absorb -- I hearten everyone to linger tuned. They absorb their customer conference coming up in just three and a half months and we'll absorb a ton of announcements there.


    We'll now hear from Jonathan Ho with William Blair.

    Jonathan Ho -- William Blair & Co. -- Analyst

    Hi. trustworthy afternoon. I just wanted to start out with maybe the international break and maybe where you contemplate the most break to leverage investments, as well as maybe how the challenges differ in the international markets.

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Yeah, sure. Hi, Jonathan. Nice to hear from you. delighted to chat a limited bit about that. I deem the first thing is we're very excited about the break in international and I deem that you're starting to contemplate the results converse for themselves. That trade is growing and it's growing fast. I deem there's a lot of opportunity, in terms of not only the customer interest for what they accomplish but too in working with a lot of these channel partners because those markets are much more fragmented. Obviously, you absorb dozens of countries in Europe. Asia Pacific is the same.

    And so to the question about partners that they had earlier, one of the things that we've spent a lot of time on over the terminal 12-24 months is really making confident that they absorb the birthright partner programs with the birthright incentives making it very facile for their partners to adopt their products and hearten dole them in the market. I deem you're going to contemplate more and more of that. We've also, historically, made the birthright investments ahead of time that I deem are now demeanor fruit. So, for example, they absorb had data centers in Europe where they can sail over data to a second data focus in Europe without ever coming to North America. That's a solution that's been out there for quite some time. We're in the process of implementing the very in Asia Pacific to, again, give customers the comfort that they can sustain their data in region if they're interested and, again, with very lofty levels of control, security, reliability, availability. And I deem some of those things are very important.

    At the very time, you've too seen us continue to invest in expansion of their offices. Their office in London has continued to grow over the terminal four or five years and we've continued to pilfer on more office space there with opportunity. I mentioned that they opened, formally, their Paris office terminal week. We've had an office in Sydney for some time and we're continuing to invest there. So, I deem the opportunities in international are early. They're exciting, they're big, and they're huge opportunities for us in the years ahead.


    Our final question will Come from Rob Owens with KeyBanc Capital Markets.

    Rob Owens -- KeyBanc Capital Markets -- Analyst

    In under the gun. I kindhearted of feel dote now I can pilfer as long as I want too. trustworthy afternoon, guys.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    The floor is yours, Rob, the floor is yours.

    Rob Owens -- KeyBanc Capital Markets -- Analyst

    I want to drill down a limited bit into the international pecuniary services win, both on the workforce ID side and the customer ID side. Just, relatively, where are you getting more dollars? Is it on the workforce side or the customer side, as you contemplate some of these guys champ on both sides of the apple?

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Yeah. delighted to talk about that, Rob. I deem one thing they should talk about is what's happening today and then I deem they should talk about the trends and what they contemplate happening in the future. Look, today, and as evidenced by their business, they started with workforce identity management. So, we're coming up on wrapping up their tenth year of business, which is great. Their first five years of business, they basically only had a workforce identity management product.

    Now, why is that? Well, workforce identity, formerly known as enterprise identity, is something that's well known. It's been in the industry for 20, 25 years. Legacy software vendors, Oracle, IBM, CA, absorb had solutions here for the days of homogeneity when you were an IBM shop or an Oracle shop. And so it was a well-understood requisite as they came into the market. So, if you perceive at their first 1,000 customers, utter they could buy, actually, was workforce identity. Now, that's worthy and that's going to continue to grow and that's a broad market and we're barely scratching the surface and you're going to contemplate more and more workforce identity trade in the years ahead.

    What's happened over the terminal few years is customers absorb started to say, "Hey, I built this customer identity management infrastructure myself in the past. It's getting complicated." They talked about examples dote Marriott. Security is important. Password reset flows, registration across devices, multiple email addresses. These are very tangled pieces of technology for companies to build themselves so they've started using solutions dote what they have, the customer identity and access management in the Okta Identity Cloud. So, it is a newer piece of their business. Right? too growing very quickly.

    But what's exciting is, in the times ahead, if you deem about a large organization dote Dignity Health, which is a customer of ours, they can hearten them with their workforce, obviously, which is tens or maybe hundreds of thousands of employees in certain cases. They absorb a set of products that are very well-suited. There's a lot of use cases for them. But on the customer identity side, as they do more and more online, as they digitize more and more of their business, there's more and more constituents that an organization dote Dignity Health needs to interact with.

    For example, they could absorb patient portals that you and I retract and pay their bills on. They could absorb physician portals, where physicians Come and obtain information on patients. They could absorb vendor or supplier portals, where they talk about their supply chain. So, whereas an organization could absorb one large workforce break for us to hearten them with, they could start to develop more and more of these customer identity management opportunities as well. And that's why I deem you contemplate that people absorb very trustworthy ideas on how large the market is for workforce, which is very large, and they're starting to develop those ideas around customer identity management.

    So, that's a long-winded route of saying, today, customers can land with either workforce or customer identity with either of their five products. They find ways to cross-sell and upsell themselves because of their very lofty customer dollar foundation net retention rate of 120%. But in the times ahead, I deem it's a toss-up on which of these two large markets are going to continue to grow faster. A lot of break and, obviously, they want to exist there to hearten the customers with either one. It's certainly something that we're going to continue to sustain an eye on in the times ahead.


    That will conclude today's question-and-answer session. I will now spin the conference over to Todd McKinnon for any additional or closing remarks.

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    So, they value the time today. They are excited about their progress this year but the most exciting thing for us, I think, is that we're silent very early in these broad trends. This trend of cloud adoption, we've been talking about it for a long time but when you perceive at organizations around the world, whether they're large companies, governments, international markets, cloud is a broad transformation that's going to pilfer many, many years ahead. And we're going to exist there to hearten customers along the way. very with digital transformation. That's a continuously evolving thing and we're very excited that identity is the core of that and it's going to exist a growth driver for years ahead. And, finally, security just is timeless. So, while we're excited about the results, we're more excited about the future potential and working difficult every day to get confident they capitalize on this. So, thank you very much for your time and they perceive forward to seeing you on the road or talking to you on the next quarterly call.


    That will conclude today's conference call. Thank you for your participation. You may now disconnect.

    Duration: 67 minutes

    Call participants:

    Catherine Buan -- Vice President of Investor Relations

    Todd McKinnon -- Co-Founder and Chief Executive Officer

    Bill Losch -- Chief pecuniary Officer

    Frederic Kerrest -- Co-Founder and Chief Operating Officer

    Sterling Auty -- J.P. Morgan -- Analyst

    Terry Tillman -- SunTrust Robinson Humphrey -- Analyst

    Alex Henderson -- Needham & Company -- Analyst

    Richard Davis -- Canaccord Genuity -- Analyst

    Heather Bellini -- Goldman Sachs -- Analyst

    Shaul Eyal -- Oppenheimer -- Analyst

    Patrick Walravens -- JMP Securities -- Analyst

    Gray Powell -- Deutsche Bank -- Analyst

    Jonathan Ho -- William Blair & Co. -- Analyst

    Rob Owens -- KeyBanc Capital Markets -- Analyst

    More OKTA analysis

    This article is a transcript of this conference call produced for The Motley Fool. While they strive for their silly Best, there may exist errors, omissions, or inaccuracies in this transcript. As with utter their articles, The Motley Fool does not assume any responsibility for your use of this content, and they strongly hearten you to accomplish your own research, including listening to the call yourself and reading the company's SEC filings. delight contemplate their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

    More From The Motley Fool

    Motley Fool Transcription has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Okta. The Motley Fool has a disclosure policy.

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