Suggestions
Cole Grolmus
Founder, Strategy of Security
Cole Grolmus is a prominent figure in the cybersecurity industry with a focus on business and strategy.
He holds a Master of Business Administration (MBA) with a concentration in Technology and Strategy from the University of Minnesota - Carlson School of Management.
Additionally, he completed his Bachelor of Business Administration (BBA) in Management Information Systems at The University of Iowa Tippie College of Business.
Cole has an extensive professional background, having served in various roles at reputable organizations. He was a Senior Advisor at Momentum Cyber, Co-Founder at Cerebral, and held leadership positions at PwC in the cybersecurity and privacy domain.
He also contributed his expertise as an Advisor, Writer, and Consultant at Strategy of Security. Prior to his corporate roles, Cole worked as a Security Analyst and Technology Analyst at the Public Policy Center of the University of Iowa.
With a rich educational foundation and diverse work experience, Cole Grolmus is an accomplished individual in the cybersecurity field.
Highlights
Cisco bought ten cybersecurity companies? In this economy?!
Yep, they sure did.
One of cybersecurity's most active strategic buyers is at it again with last week's announced acquisition of Robust Intelligence.
It's their tenth cybersecurity-related acquisition since the beginning of 2023.
Cisco's cybersecurity shopping spree should come as no surprise (okay, maybe the Splunk thing was a surprise).
They've had a formidable security business for years, lurking in the shadows of their dominant networking business.
Cisco’s cybersecurity acquisitions sometimes get lost in their flurry of other M&A activity.
But never forget: Cisco has made more cybersecurity-related acquisitions than any company in the history of cybersecurity.
My top three takeaways from Okta's Q2'25 earnings report:
→ Customer growth and retention
Okta hasn't exactly reignited growth just yet, but their customer growth and retention metrics are stable.
Growing the enterprise customer segment by 10%, maintaining their NRR, and increasing revenue growth to 16% YoY is no small feat given their situation.
I still can't figure out what's going on with low new customer growth in their SMB customer segment...and they don't seem to know for sure, either. The macro environment very well could be the cause — but people are going to keep being suspicious about impact from the breach.
If you have any thoughts on what's happening with SMB, I'd love to hear them.
→ New GA products
There have been some good GA product announcements leading up to Oktane in a few weeks. Identity Threat Protection (aka ITDR) is the one I'm most excited about.
This product is the combination of their own product development and the recent Spera acquisition.
I've always thought this was something identity companies needed to offer as a core feature. Accelerating the roadmap with Spera was strategic for Okta. More customers need this, and I expect it's going to be widely adopted.
→ Channel partner revenue mix
Great stat: 40% of Okta's revenue mix is now driven by channel partners.
Getting global systems integrators (Accenture, Deloitte, PwC, etc.) excited about Okta has been a decades-long journey.
Convincing them it's still possible to have large implementation projects without an on-premise solution is hard. The metrics and sales anecdotes show they're finally turning the corner.
A 40% mix is really good, and Okta thinks they can still do better. I do too — especially while the traditional identity channel partners are regrouping under private equity ownership.
This was a solid report, even if it was overshadowed by CrowdStrike reporting at the same time.
It's a long road back to Okta being the Okta of old, but all of this shows signs of progress.
