Cloudflare Channel and Alliance Business Revenue Accelerates 174% Over Two Years and Expands with Additional Paths to Revenue, Program Awarded 5-Stars by CRN
Cloudflare PowerUP Partner Program offers partners clear routes to market, bolstering business opportunities and cloud innovation
Posted: Wednesday, Mar 27
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  • Cloudflare Channel and Alliance Business Revenue Accelerates 174% Over Two Years and Expands with Additional Paths to Revenue, Program Awarded 5-Stars by CRN
Cloudflare Channel and Alliance Business Revenue Accelerates 174% Over Two Years and Expands with Additional Paths to Revenue, Program Awarded 5-Stars by CRN

Sydney, AU, March 27, 2024 โ€“ย Cloudflare, Inc.ย (NYSE: NET), the leading connectivity cloud company, today announced that its channel revenue increased 174% over the last two years, and was recentlyย awarded by CRN, receiving the highest accolade of aย 5-Star ranking for its Partner Program. The companyโ€™s recently launchedย Cloudflare PowerUP Partner Programย provides additional, clear paths to revenue for its channel partners globally. The Program expansion comes as Cloudflareโ€™s partnerships and alliances have been delivering strong results to joint customers across sectors worldwide.

With the rapid growth of interconnected applications, employees, and devices, comes new and more sophisticated attack vectors. Organisations with limited security and traditional network architectures are not only facing increased risk of attack, but are also hindered by the lack of freedom to innovate between cloud applications. Cloudflareโ€™sย connectivity cloudย is the digital core for businesses to transform how they connect, protect, and build in their digital environments.

Partners are crucial to extend the solutions and support that customers need to control application complexity, reduce cyber risk, and cut costs, all through Cloudflareโ€™s network. Cloudflareโ€™s all-in-one, robust approach to an organisationโ€™s cybersecurity framework includes connectivity between multiple clouds. Over the past year, Cloudflare has partnered with a large number of organisations, realising the business opportunity of helping customers secure their Internet applications and innovate with full control across cloud environments.

โ€œWe have seen a vast range of customers worldwide benefit from Cloudflareโ€™s connectivity cloud and we have to credit our channel partnerships and alliances. Cloudflareโ€™s channel growth is a testament to how weโ€™ve been deepening our work with partners and distributorsโ€, said Matthew Harrell, Cloudflare Global Head of Channels & Alliances. โ€œAs consolidation and security have become front and center for every business, the channel is facing a huge opportunity across the market with Cloudflareโ€™s solutions. Our recently launched PowerUP Program brings new levels, resources, and support to ensure our partners can capitalise on this opportunity.โ€

All of the Cloudflare PowerUP Partner Program tiers, across Registered, Select, and Elite, can deliver Cloudflareโ€™s connectivity cloud suite of solutions, including:

  • Protection from One of the Largest Networks:ย Cloudflare runs one of the largest and most interconnected networks in the world, and hasย the largest global network of DDoS mitigation data centers. With its globally distributed data centers, the Cloudflare threat network absorbs and neutralises attacks while keeping websites and Internet applications accessible to legitimate users. Cloudflareโ€™s industry-leading cybersecurity protects corporate networks, Internet applications, and users, all delivered through a unified platform.
  • Modernisation Across Corporate Networks and Internet Applications:ย Cloudflare provides the leading network and edge capabilities needed for flexible work environments. This includes reducing tech debt and legacy architecture while saving customersโ€™ IT teams from manual work. Partners advise and assist customers in managing their IT infrastructure as they evolve their networks and transfer workloads into Cloudflareโ€™s connectivity cloud.
  • Platform Consolidation:ย Consolidating with Cloudflareโ€™s connectivity cloud can reduce application complexity andย drive down Total Cost of Ownership (TCO) by 50%ย without any security or performance tradeoffs, helping accelerate modernisation across digital environments.
  • Data Compliance:ย Theย Cloudflare Data Localization Suiteย is designed as a specialised platform to help organisations protect, connect, and build in compliance, regardless of where the organisation and its users are based. The offering helps address a wide and growing range of regulations, frameworks, and standards including GDPR, CCPA, PCI DSS, and HIPAA.

Partner Testimonials

Cloudflareโ€™s channel business is extended through longstanding partnerships and alliances with Global System Integrators, Managed Service Providers, Resellers, and Distributors, among the likes of IBM Cloud, Kyndryl, GuidePoint Security, Dicker Data, and TD SYNNEX:

โ€œBoth IBM Cloud and Cloudflare have a mission of delivering solutions that will address potentially costly security threats, without hindering Internet speed or business innovation,โ€ said Nataraj Nagaratnam, Fellow, CTO, IBM Cloud Security. โ€œWe are proud to collaborate with Cloudflare to help protect enterprises against bot attacks. Together, we are helping our clients to support their security, performance, and resiliency needs.โ€

โ€œHaving a robust and secure modern network is of utmost importance for todayโ€™s enterprises. Kyndryl and Cloudflareโ€™s global strategic alliance provides companies with expert technologies and services to drive network transformation,โ€ said Paul Savill, Global Practice Leader of Network and Edge Computing at Kyndryl. โ€œKyndrylโ€™s leading managed and consulting network services, combined with Cloudflareโ€™s innovative cloud networking technologies, enables enterprises to embrace a multi-cloud, sustainable networking approach to improve performance and security across their technology stack.โ€

โ€œAs organisations continue to migrate to the cloud and the threat landscape becomes increasingly more complex, the need for strong cloud security has never been greater,โ€ said Mark Thornberry, SVP of Vendor Relations at GuidePoint Security. โ€œOur partnership with Cloudflare can help our joint customers innovate and prioritise digital transformation with a proactive approach to mitigating risk across cloud environments.โ€

โ€œCloudflare continues to deliver the offerings that have supported our partners in managing multi-cloud environments with leading cybersecurity capabilities baked in. From hybrid workers to applications like APIs and websites, Cloudflare is helping secure and connect the Internet at scale.โ€ said Vlad Mitnovetski, Chief Operating Officer of Dicker Data. โ€œCloudflare is consistently in line with our commitment to provide our partners across ANZ with access to the most comprehensive solutions, enabling them to protect and extend their networks.โ€

โ€œTD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future, with tailored and flexible approaches for organisations,โ€ said Jessica McDowell, SVP of High Growth Technologies, US of TD SYNNEX. โ€œWith Cloudflare as a strategic part of our vast portfolio of vendor partners, we’re able to enrich the breadth and depth of our connectivity cloud and security offerings so customers can do great things with technology.โ€

Program Highlights

To ensure all partners are equipped to extend solutions to market with clear paths to revenue, the Cloudflare PowerUP Partner Program revolves around:

  • Tiered and Easy-to-Apply Benefits:ย Across partner tiers, including Registered, Select, and Elite, partners receive access to a range of benefits. With Elite, partners can access an exclusive designated Cloudflare Channel Manager and Presales Engineer, joint business planning, proposal-based MDF, marketing support, eligibility to participate in the Cloudflare Partner Advisory Board, customised training, and more.
  • Simplified Consumption Pricing:ย Partners can list and bill confidently with transparent and predictable discounts based on the partner tier. Authorised partners have access to the price list via the Cloudflare Partner Portal or Cloudflare Authorized Distributors.
  • Extensive Training and Accreditations:ย Partners are designed to serve as trusted experts across Cloudflareโ€™s connectivity cloud. Becoming authorised as a partner includes accreditations and exclusive sessions, starting with upleveling skills from Cloudflare University, to customised training.
  • Driving Sales Pipeline:ย The Programโ€™s new, flexible selling tools are set up for adoption and expansion deals to close business faster.

To learn more about the Cloudflare PowerUP Partner Program, please check out the resources below:

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organisations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflareโ€™s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organisation can gain the control they need to work, develop, and accelerate their business.

Powered by one of the worldโ€™s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organisations โ€“ from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.
Learn more about Cloudflareโ€™s connectivity cloud atย cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights atย radar.cloudflare.com.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as โ€œmay,โ€ โ€œwill,โ€ โ€œshould,โ€ โ€œexpect,โ€ โ€œexplore,โ€ โ€œplan,โ€ โ€œanticipate,โ€ โ€œcould,โ€ โ€œintend,โ€ โ€œtarget,โ€ โ€œproject,โ€ โ€œcontemplate,โ€ โ€œbelieve,โ€ โ€œestimate,โ€ โ€œpredict,โ€ โ€œpotential,โ€ or โ€œcontinue,โ€ or the negative of these words, or other similar terms or expressions that concern Cloudflareโ€™s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflareโ€™s products and technology, the benefits to Cloudflareโ€™s customers from using Cloudflareโ€™s products and technology, the benefits to Cloudflareโ€™s partners from participating in the Cloudflare PowerUP Partner Program, Cloudflareโ€™s plans and expectations for its partnership and alliances efforts (including the Cloudflare PowerUP Partner Program), Cloudflareโ€™s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflareโ€™s Global Head of Channels & Alliances and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflareโ€™s filings with the Securities and Exchange Commission (SEC), including Cloudflareโ€™s Annual Report on Form 10-K filed on February 21, 2024, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflareโ€™s forward-looking statements, and you should not place undue reliance on Cloudflareโ€™s forward-looking statements.

ยฉ 2024 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

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