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Partnerships with security platforms and major cloud players often unlock cross-sell potential and enlarge TAM for services, similar to prior enterprise security alliances that broaden consulting/MDR revenue. No immediate earnings release accompanies the PR, so initial price action may be muted but could re-rate as pipeline converts.
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Endava announced a collaboration with Wiz to integrate Wiz's cloud and AI security capabilities, leveraging its Google Cloud Premier and Security Partner status. The alliance aims to provide AI-enabled defense, multi-cloud security governance, and continuous risk management across AI lifecycles, potentially expanding Endava's security-services footprint and cross-selling opportunities with Google Cloud. The catalyst could lift cloud-security-related revenue over the coming quarters.
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