Recent Industry Analyst Reports Cite Fortinet’s Pervasive Solution Footprint Across the Global Enterprise
SUNNYVALE, Calif., April 6, 2015 – Fortinet® (NASDAQ: FTNT), the global leader in high-performance enterprise cyber security solutions, continues to experience momentum across the global enterprise segment, according to recent research from industry analysts, International Data Corporation (IDC) and Infonetics Research. As large global corporations upgrade data centers and expand network security infrastructures to more effectively protect against the massive waves of increasingly-sophisticated attacks they face every day, they are investing in Fortinet’s leading solutions to provide multiple layers of protection that shield critical data against sophisticated threats.
According to the most recent IDC Worldwide Quarterly Security Appliance Tracker, 4Q14, released in March 2015, Fortinet’s security appliance shipments and worldwide revenue continued to grow in the fourth quarter of 2014; the 21st consecutive quarter of revenue growth. Fortinet remains the largest security appliance vendor in terms of shipments globally with 18.8% share of total unit shipments in 4Q14. Fortinet's flagship multi-function FortiGate security appliances are protecting enterprises and service providers of all sizes, and are being deployed in a variety of ways, including as next-generation firewalls, data center firewalls, and internal network firewalls.
The Infonetics Research Data Center Security Products report, published in December 2014, also highlights Fortinet’s footprint across the enterprise. Worldwide revenue for data center security appliances was up 5% in 2Q14, and is expected to continue to rise as the need for massive performance increases in connection rate and concurrent connections for key web/data center protocols (like TCP) proliferates. The Infonetics report reflects that market share for security appliances in the data center closely mirrors overall market share for security solutions, with Fortinet in the second position behind Cisco.
“Data centers have distinct security and performance requirements compared to traditional enterprise perimeter firewalls,” said Jeff Wilson, principal analyst at Infonetics Research, now part of IHS Inc. “Fortinet is exploiting its unique offering to continue to penetrate the data center market.”
“The combination of our strong focus on innovation, cutting-edge solution development, sales expansion and deep roots in threat research and intelligence with FortiGuard is paying off,” said John Maddison, vice president marketing products at Fortinet. “As business requirements become more stringent and security threats more serious, customers can’t afford to trust their critical assets to solutions that aren’t proven to be best-of-breed. There is good reason Fortinet has more network security systems installed across the globe than any other network security provider.”
Fortinet (NASDAQ: FTNT) protects the most valuable assets of some of the largest enterprise, service provider and government organizations across the globe. The company's fast, secure and global cyber security solutions provide broad, high-performance protection against dynamic security threats while simplifying the IT infrastructure. They are strengthened by the industry's highest level of threat research, intelligence and analytics. Unlike pure-play network security providers, Fortinet can solve organizations' most important security challenges, whether in networked, application or mobile environments -- be it virtualized/cloud or physical. More than 200,000 customers worldwide, including some of the largest and most complex organizations, trust Fortinet to protect their brands. Learn more at www.fortinet.com, the Fortinet Blog or FortiGuard Labs.
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