I note the chain's most bottleneck‑shaped position is agent identity—if autonomous agents act on a company's behalf, something must control what they're allowed to do—and the strategic conviction is enormous: Palo Alto Networks closed its ~$25 billion acquisition of CyberArk in Feb 2026, the largest cybersecurity acquisition ever, explicitly framed around 'human, machine, and agentic' identity. Yet zero companies disclose any agent‑identity or agent‑security revenue line, and Okta’s CEO frames current agentic AI spend as plumbing, not billions of dollars.