Latest news with #FortiSASE
Yahoo
4 days ago
- Business
- Yahoo
FTNT's Unified SASE Strategy Drives Growth: Hold or Fold the Stock?
Fortinet FTNT is strengthening its enterprise cybersecurity position through a unified Secure Access Service Edge (SASE) strategy that combines next-generation firewall, SD-WAN, secure web gateway and Data Loss Prevention (DLP) into a single OS, FortiOS. This helps organizations streamline security while cutting complexity and costs. Fortinet also offers sovereign SASE solutions for regulated to Fortinet, the typical SASE journey starts with FortiGate firewalls, then expands to SD-WAN and FortiSASE. By the first quarter of 2025, 73% of large enterprises had adopted Fortinet's SD-WAN, while FortiSASE penetration rose to 11%, up nearly 10 points the first quarter, unified SASE billings grew 18% year over year, representing 25% of total billings. Fortinet cited strong momentum across industries, with several major wins displacing incumbent SASE vendors due to better performance, integration and cost investors should take a closer look at what is working in Fortinet's favor and what is holding it back, explaining why FTNT stock is a hold for now. Let's delve deeper into the company's fundamentals. Fortinet is strengthening its unified SASE architecture with cloud-native solutions to secure hybrid and multi-cloud environments. Updates to FortiCNAPP and the launch of services like FortiAppSec Cloud, FortiMail Workspace Security, FortiNDR Cloud, FortiSIEM and Incident Response on AWS Marketplace support its cloud-first strategy. Enhancements to FortiMail and FortiDLP expand protection to browsers and collaboration apps, which are key parts of the Secure Web Gateway and DLP in SASE. These AI-driven, fabric-integrated upgrades will help drive FTNT's revenues in the near term. The cybersecurity market is extremely competitive and characterized by rapid technological change. Among others, Fortinet's competitors include Palo Alto Networks PANW, Zscaler ZS and CrowdStrike CRWD. Palo Alto Networks has driven growth through strategic partnerships, including an expanded alliance with VMware and collaborations with Aruba Networks and others under its NextWave program. Zscaler has grown via acquisitions like Airgap Networks and Avalor, strengthening its Zero Trust and threat prediction tools. CrowdStrike continues to expand its Falcon platform, now with 29 modules, including Falcon Data Protection and AI-powered XDR features. These aggressive moves by key rivals highlight the intense competition Fortinet faces in maintaining its market share and growth momentum. Fortinet shares have gained 9.8% in the year-to-date (YTD) period, underperforming the Zacks Security industry's growth of 23.8%, but outperforming the Zacks Computer and Technology sector's return of 4.5%.Fortinet's underperformance compared with the industry is driven by rising competitive pressure in the fast-growing cybersecurity space. While progress in AI and SASE offers support, customer hesitancy and macro uncertainties have weighed on investor of Palo Alto Networks, Zscaler and CrowdStrike have returned 12.4%, 73.1% and 44%, respectively, YTD. Image Source: Zacks Investment Research Fortinet's valuation may be a concern for some investors. The stock is trading at a significant premium compared to the broader Zacks Security industry. As of the latest data, FTNT's Price/Book ratio hovers around 40.40, well above the industry's 24.95. The Value Score of F further reinforces a stretched valuation for Fortinet at this moment. Image Source: Zacks Investment Research Fortinet expects revenues for the second quarter of 2025 in the range of $1.59 billion to $1.65 billion, which suggests growth of 13% at the midpoint. It anticipates non-GAAP earnings per share in the band of 58-60 cents. Fortinet maintained a cautious outlook for the second quarter, citing macroeconomic and geopolitical uncertainties. While close rates and sales trends remained solid, sales teams were hesitant to raise expectations. The company also noted customer hesitancy in finalizing purchases, prompting a prudent approach to guidance despite steady demand. The Zacks Consensus Estimate for second-quarter 2025 revenues is pegged at $1.62 billion, suggesting 12.94% year-over-year growth. The consensus mark for second-quarter 2025 earnings is pegged at 59 cents per share, which has remained steady over the past 30 days, indicating 3.51% year-over-year growth. Fortinet's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 23.83%. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Fortinet's strong SASE growth, new cloud-based offerings and expanding customer base show that the company is moving in the right direction. However, tough competition, premium valuation and cautious guidance suggest that the stock may not see major gains in the near term. While its long-term prospects remain solid, the stock has underperformed compared to the industry and faces clear headwinds due to macroeconomic and geopolitical uncertainties. For now, it makes sense for investors to hold their position and wait for clearer signals before considering fresh currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-05-2025
- Business
- Yahoo
Fortinet Named a Challenger in the 2025 Gartner® Magic Quadrant™ for Security Service Edge
Fortinet recognized in 11 Gartner® Magic Quadrant™ reports, including for Single-Vendor SASE, SD-WAN, and Security Service Edge, and we believe these recognitions highlight the strength of the Fortinet Security Fabric platform SUNNYVALE, Calif., May 23, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been recognized as a Challenger in the Gartner® Magic Quadrant™ for Security Service Edge (SSE). This recognition follows Fortinet's recent placement as a Leader and the highest in ability to execute in the 2024 Gartner® Magic Quadrant™ for SD-WAN for the fourth consecutive year — we believe this further validates Fortinet's vision and execution in delivering a unified SASE platform. 'We continue to demonstrate strong momentum, innovation, and growth in the SSE market,' said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. 'We believe Fortinet's placement in the Challengers quadrant is a testament to our growing adoption, positive customer feedback, aggressive roadmap execution with monthly releases, and ever-expanding market share. Our focus is on delivering real outcomes through flexible deployment models, seamless integration with existing infrastructure, and consistent AI-powered security wherever users connect.' A Differentiated SSE ExperienceWith FortiSASE, Fortinet delivers the most unified, flexible, and intelligent solution on the market today, enabling secure access from anywhere while reducing complexity, enhancing user experience, and strengthening security across hybrid environments. Key differentiators include: Unified solution: Unlike many fragmented offerings, FortiSASE is built on a single operating system, FortiOS, a unified management console, endpoint agent, and centralized data lake. This cohesive architecture ensures consistent security policy enforcement and streamlined operations across all environments from on-premises to the cloud. The integration of Fortinet Secure SD-WAN with cloud-delivered SSE, and digital experience monitoring (DEM) under one platform provides comprehensive visibility and control, reducing complexity and potential security gaps. Flexible connectivity: FortiSASE offers unparalleled flexibility to accommodate a wide range of organizational needs by supporting BYOD, contractors, agent-based, and agentless devices, as well as third-party SD-WAN solutions, facilitating seamless integration into existing infrastructures. Fortinet is also investing in building its own global cloud infrastructure, further enhancing performance, scalability, and control across its SASE services. Fortinet Sovereign SASE gives organizations flexibility and control over their data, especially in regulated sectors like finance and healthcare. Organizations can also integrate FortiSASE with Fortinet's WLAN/LAN portfolio to secure thin edge locations without the need for additional appliances or agents, ensuring comprehensive protection even in resource-constrained environments. Intelligent innovation: FortiSASE, powered by FortiGuard AI-Powered Security Services, delivers broad protection through integrated capabilities like secure web gateway (SWG), universal zero-trust network access (ZTNA), cloud access security broker (CASB), Firewall-as-a-Service (FWaaS), and remote browser isolation (RBI), all managed from a single unified console. Security teams can enforce zero-trust policies to manage access and data flows to generative AI (GenAI) apps, gaining visibility into usage patterns, destinations, and enabling enterprise-wide AI governance. What Customers Are Saying About FortiSASEIn addition to this latest Gartner acknowledgement, Fortinet was the only vendor to be recognized with the Gartner® Peer Insights™ Customers' Choice Recognition two years in a row for Security Service Edge. In the 2025 Gartner® Peer Insights™ Voice of the Customer, security service edge (SSE), FortiSASE customers had this to say: 'Elevating user experience with FortiSASE: perfect features and functionality'We use SIA (secured internet access) and SPA (secured private access) functionality of FortiSASE and the overall experience is exceptionally great. 'Reliable SSE with ZTNA solution with breadth of design options'Secure and reliable internet access for all hybrid users. Secure users regardless of their access location. Our overall experience with the solution is great and users are happy from the day we deployed this endpoint on their machines. "Best of the breed cloud delivered security solution to secure hybrid workforce"This solution allows us to accommodate growing user count without compromising performance. The solution provides robust security features, which include web filtering to provide protection against web-based threats. The Solution provides secure access to users irrespective of their location, Users are allowed to access the internet or servers post compliance checks. Our overall experience is highly positive. Additional Resources Download the report for more information about the 2025 Gartner® Magic Quadrant™ for Security Service Edge. Learn more about FortiSASE and our customer-first approach to SSE. Read more about Fortinet Unified SASE. Read more about the Fortinet Security Fabric. Visit to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products. Learn more about Fortinet's commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies. Learn about Fortinet's free cybersecurity training, which includes broad cyber awareness and product training. The Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks. Learn more about Fortinet's FortiGuard Security Services portfolio. Read about how Fortinet customers are securing their organizations. Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner, Magic Quadrant for Security Service Edge, By Charlie Winckless, Thomas Lintemuth, Dale Koeppen, 20 May 2025 Gartner, Magic Quadrant for Data Center Switching, By Andrew Lerner, Simon Richard, Nauman Raja, Jorge Aragon, Jonathan Forest, 31 March 2025 Gartner, Magic Quadrant for Cyber-Physical Systems Protection Platforms, By Katell Thielemann, Wam Voster, Ruggero Contu, 12 February 2025 Gartner, Magic Quadrant for Email Security Platforms, By Max Taggett, Nikul Patel, Franz Hinner, Deepak Mishra, 16 December 2024 Gartner, Magic Quadrant for Access Management, By Brian Guthrie, Nathan Harris, Abhyuday Data, Josh Murphy, 2 December 2024 Gartner, Magic Quadrant for SD-WAN, By Jonathan Forest, Karen Brown, Nauman Raja, 30 September 2024 Gartner, Magic Quadrant for Endpoint Protection Platforms, By Evgeny Mirolyubov, Franz Hinner, Deepak Mishra, Satarupa Patnaik, Chris Silva, 23 September 2024 Gartner, Magic Quadrant for Privileged Access Management, By Abhyuday Data, Michael Kelley, Nayara Sangiorgio, Felix Gaehtgens, Paul Mezzera, 9 September 2024 Gartner, Magic Quadrant for Single-Vendor SASE, By , , , , , 3 July 2024 Gartner, Magic Quadrant Security Information and Event Management, By Andrew Davies, Mitchell Schneider, Rustam Malik, Eric Ahlm, 8 May 2024 Gartner, Magic Quadrant for Enterprise Wired & WLAN Infrastructure, By Tim Zimmerman, Christian Canales, Nauman Raja, Mike Leibovitz, 6 March 2024 Note: Fortinet acquired Perception Point in December 2024. Perception Point was recognized in the 2024 Magic Quadrant for Email Security Platforms 'Fortinet was recognized in 11 different Magic Quadrant reports including being named an Honourable Mention in Magic Quadrant for Data Center Switching, for Access Management, and for Privileged Access Management.' Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 27, September 2024. Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 29, September, 2023 About Fortinet Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams ('CERTS'), government entities, and academia, is a fundamental aspect of Fortinet's commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet's elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at the Fortinet Blog, and FortiGuard Labs. Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. Media Contact: Investor Contact: Analyst Contact: Travis AndersonFortinet, Inc.408-235-7700pr@ Aaron OvadiaFortinet, Inc. 408-235-7700investors@ Brian Greenberg Fortinet, Inc.408-235-7700analystrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Fortinet Named a Challenger in the 2025 Gartner® Magic Quadrant™ for Security Service Edge
Fortinet recognized in 11 Gartner® Magic Quadrant™ reports, including for Single-Vendor SASE, SD-WAN, and Security Service Edge, and we believe these recognitions highlight the strength of the Fortinet Security Fabric platform SUNNYVALE, Calif., May 23, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been recognized as a Challenger in the Gartner® Magic Quadrant™ for Security Service Edge (SSE). This recognition follows Fortinet's recent placement as a Leader and the highest in ability to execute in the 2024 Gartner® Magic Quadrant™ for SD-WAN for the fourth consecutive year — we believe this further validates Fortinet's vision and execution in delivering a unified SASE platform. 'We continue to demonstrate strong momentum, innovation, and growth in the SSE market,' said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. 'We believe Fortinet's placement in the Challengers quadrant is a testament to our growing adoption, positive customer feedback, aggressive roadmap execution with monthly releases, and ever-expanding market share. Our focus is on delivering real outcomes through flexible deployment models, seamless integration with existing infrastructure, and consistent AI-powered security wherever users connect.' A Differentiated SSE ExperienceWith FortiSASE, Fortinet delivers the most unified, flexible, and intelligent solution on the market today, enabling secure access from anywhere while reducing complexity, enhancing user experience, and strengthening security across hybrid environments. Key differentiators include: Unified solution: Unlike many fragmented offerings, FortiSASE is built on a single operating system, FortiOS, a unified management console, endpoint agent, and centralized data lake. This cohesive architecture ensures consistent security policy enforcement and streamlined operations across all environments from on-premises to the cloud. The integration of Fortinet Secure SD-WAN with cloud-delivered SSE, and digital experience monitoring (DEM) under one platform provides comprehensive visibility and control, reducing complexity and potential security gaps. Flexible connectivity: FortiSASE offers unparalleled flexibility to accommodate a wide range of organizational needs by supporting BYOD, contractors, agent-based, and agentless devices, as well as third-party SD-WAN solutions, facilitating seamless integration into existing infrastructures. Fortinet is also investing in building its own global cloud infrastructure, further enhancing performance, scalability, and control across its SASE services. Fortinet Sovereign SASE gives organizations flexibility and control over their data, especially in regulated sectors like finance and healthcare. Organizations can also integrate FortiSASE with Fortinet's WLAN/LAN portfolio to secure thin edge locations without the need for additional appliances or agents, ensuring comprehensive protection even in resource-constrained environments. Intelligent innovation: FortiSASE, powered by FortiGuard AI-Powered Security Services, delivers broad protection through integrated capabilities like secure web gateway (SWG), universal zero-trust network access (ZTNA), cloud access security broker (CASB), Firewall-as-a-Service (FWaaS), and remote browser isolation (RBI), all managed from a single unified console. Security teams can enforce zero-trust policies to manage access and data flows to generative AI (GenAI) apps, gaining visibility into usage patterns, destinations, and enabling enterprise-wide AI governance. What Customers Are Saying About FortiSASEIn addition to this latest Gartner acknowledgement, Fortinet was the only vendor to be recognized with the Gartner® Peer Insights™ Customers' Choice Recognition two years in a row for Security Service Edge. In the 2025 Gartner® Peer Insights™ Voice of the Customer, security service edge (SSE), FortiSASE customers had this to say: 'Elevating user experience with FortiSASE: perfect features and functionality'We use SIA (secured internet access) and SPA (secured private access) functionality of FortiSASE and the overall experience is exceptionally great. 'Reliable SSE with ZTNA solution with breadth of design options'Secure and reliable internet access for all hybrid users. Secure users regardless of their access location. Our overall experience with the solution is great and users are happy from the day we deployed this endpoint on their machines. "Best of the breed cloud delivered security solution to secure hybrid workforce"This solution allows us to accommodate growing user count without compromising performance. The solution provides robust security features, which include web filtering to provide protection against web-based threats. The Solution provides secure access to users irrespective of their location, Users are allowed to access the internet or servers post compliance checks. Our overall experience is highly positive. Additional Resources Download the report for more information about the 2025 Gartner® Magic Quadrant™ for Security Service Edge. Learn more about FortiSASE and our customer-first approach to SSE. Read more about Fortinet Unified SASE. Read more about the Fortinet Security Fabric. Visit to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products. Learn more about Fortinet's commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies. Learn about Fortinet's free cybersecurity training, which includes broad cyber awareness and product training. The Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks. Learn more about Fortinet's FortiGuard Security Services portfolio. Read about how Fortinet customers are securing their organizations. Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner, Magic Quadrant for Security Service Edge, By Charlie Winckless, Thomas Lintemuth, Dale Koeppen, 20 May 2025 Gartner, Magic Quadrant for Data Center Switching, By Andrew Lerner, Simon Richard, Nauman Raja, Jorge Aragon, Jonathan Forest, 31 March 2025 Gartner, Magic Quadrant for Cyber-Physical Systems Protection Platforms, By Katell Thielemann, Wam Voster, Ruggero Contu, 12 February 2025 Gartner, Magic Quadrant for Email Security Platforms, By Max Taggett, Nikul Patel, Franz Hinner, Deepak Mishra, 16 December 2024 Gartner, Magic Quadrant for Access Management, By Brian Guthrie, Nathan Harris, Abhyuday Data, Josh Murphy, 2 December 2024 Gartner, Magic Quadrant for SD-WAN, By Jonathan Forest, Karen Brown, Nauman Raja, 30 September 2024 Gartner, Magic Quadrant for Endpoint Protection Platforms, By Evgeny Mirolyubov, Franz Hinner, Deepak Mishra, Satarupa Patnaik, Chris Silva, 23 September 2024 Gartner, Magic Quadrant for Privileged Access Management, By Abhyuday Data, Michael Kelley, Nayara Sangiorgio, Felix Gaehtgens, Paul Mezzera, 9 September 2024 Gartner, Magic Quadrant for Single-Vendor SASE, By , , , , , 3 July 2024 Gartner, Magic Quadrant Security Information and Event Management, By Andrew Davies, Mitchell Schneider, Rustam Malik, Eric Ahlm, 8 May 2024 Gartner, Magic Quadrant for Enterprise Wired & WLAN Infrastructure, By Tim Zimmerman, Christian Canales, Nauman Raja, Mike Leibovitz, 6 March 2024 Note: Fortinet acquired Perception Point in December 2024. Perception Point was recognized in the 2024 Magic Quadrant for Email Security Platforms 'Fortinet was recognized in 11 different Magic Quadrant reports including being named an Honourable Mention in Magic Quadrant for Data Center Switching, for Access Management, and for Privileged Access Management.' Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 27, September 2024. Gartner, Voice of the Customer for Security Service Edge, Peer Contributors, 29, September, 2023 About Fortinet Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams ('CERTS'), government entities, and academia, is a fundamental aspect of Fortinet's commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet's elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at the Fortinet Blog, and FortiGuard Labs. Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. Media Contact: Investor Contact: Analyst Contact: Travis AndersonFortinet, Inc.408-235-7700pr@ Aaron OvadiaFortinet, Inc. 408-235-7700investors@ Brian Greenberg Fortinet, Inc.408-235-7700analystrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
29-04-2025
- Business
- Hamilton Spectator
Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work
LONDON and SUNNYVALE, Calif., April 29, 2025 (GLOBE NEWSWIRE) — News Summary Vodafone Business and Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an expanded global partnership, extending the reach of their converged networking and cybersecurity services to additional countries across Europe and Asia, as well as the United States. Together, the two companies are helping businesses deliver on the connectivity needs of today's hybrid workforce and confront the growing volume and sophistication of cyberthreats by converging networking and security into a single, seamless service. Large and medium-sized enterprises in Germany and in other European markets as well as multinational businesses served through Vodafone Business International can now benefit from Vodafone Business Secure Networking Services. These services integrate Fortinet's industry-leading software-defined wide area network (SD-WAN) and FortiSASE cloud-based security solutions to help organizations secure their networks. They provide employees with the same secure, reliable access to their work applications regardless of their location all with a single view across network health visibility, performance dashboards, and customizable reports. With connectivity across 192 countries, Vodafone Business offers the scale and reach needed to support secure digital transformation worldwide. Today's announcement, with Vodafone Business attaining the 'Fortinet Global Partner' status, underscores both companies' commitment to supporting regional and international organizations across their IT and operational technology (OT) environments. The value proposition also helps enterprises in meeting cybersecurity compliance standards and requirements. This milestone comes amid a surge in cybersecurity incidences, including malware, data breaches, and social engineering, which rose significantly in the European Union in the first half of 2024, according to the European Union Agency for Cybersecurity (ENISA). Marika Auramo, CEO of Vodafone Business, said: 'Cybersecurity is an increasing concern for our customers both in-country and cross-border. The breadth and depth of our global partnership with Fortinet means we can provide customers with the benefits of new digital connectivity to more places whilst ensuring that their digital assets, employees, partners and users are protected.' Joe Sarno, Executive Vice President, International Sales, Fortinet added: 'As organizations digitize and scale across borders, secure connectivity is no longer optional—it's essential. Our expanded partnership with Vodafone enables us to deliver unified SASE solutions that combine advanced security with exceptional performance so enterprises can confidently connect users, devices, and apps anywhere in the world.' Under the Vodafone Business and Fortinet partnership, businesses can purchase integrated services tailored to their needs and supported by Vodafone Business cybersecurity and managed network service experts. Customers can choose from four management options, including 24x7, co-managed network and security, various service-level guarantees, and professional services, including service discovery, design, implementation, and training. By combining their global reach and deep security expertise, Vodafone Business and Fortinet empower companies to detect and respond to threats swiftly, reducing risk while protecting operations and customer trust. Notes to Editors Vodafone Business and Fortinet will work together to further enhance sovereign compliant network operations center (NOC) and secure operations center (SOC) services. Vodafone Business recently opened a cybersecurity center in Düsseldorf, Germany, which will be home to more than 100 cybersecurity experts to help protect enterprise customers of all sizes from online threats. Increased automation and AI networking experiences as part of Vodafone Business Network-as-a-Service (NaaS) Platform is another area of focus for Vodafone Business and Fortinet. NaaS meets customer digital transformation needs by bringing together Vodafone's software-based connectivity products and services, including SD-WAN, SASE/SSE, and Wireless and Fixed Internet Transport Services. It gives customers, or Vodafone Business managed services teams on their behalf, greater flexibility to buy, configure, and manage services to meet their specific dynamic business and AI application demands. Vodafone Business Secure Networking offers organizations several future-proofed managed solutions connecting their users, devices, and machinery. They are: More information around the partnership and Vodafone Business' offerings can be found here . Contact details About Vodafone Group Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 45 more and have one of the world's largest IoT platforms. In Africa, our financial technology businesses serve almost 83 million customers across seven countries – managing more transactions than any other provider. Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies. We are committed to reducing our environmental impact to reach net zero emissions by 2040. For more information, please visit follow us on X at @VodafoneGroup or connect with us on LinkedIn at . About Fortinet Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute , one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. 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