FTNT Fortinet Inc.

Fortinet Again Named as a Leader in the 2020 Gartner Magic Quadrant for Network Firewalls

Fortinet Again Named as a Leader in the 2020 Gartner Magic Quadrant for Network Firewalls

Eleventh Consecutive Year Fortinet Recognized in Gartner Magic Quadrant for Network Firewalls

SUNNYVALE, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) --

John Maddison, EVP of Products and CMO at Fortinet

“We believe Fortinet delivers the broadest and most complete security platform in the industry. We have pioneered the Security-driven Networking approach, integrating security into every element of the network and enabling customers to protect any edge, at any scale. Fortinet has been named a Leader in this year’s Gartner Magic Quadrant for Network Firewall. Fortinet also recently announced its placement as a Leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure. We credit our continued successes to our ongoing commitment to innovation, unique and flexible security platform, and approach to securing the entire attack surface – whether on-prem or in the cloud.”

News Summary

® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced it has been recognized as a Leader in the 2020 Gartner Magic Quadrant for Network Firewalls. This marks the 11th time Fortinet has been recognized in the 2020 Gartner Magic Quadrant for Network Firewalls for completeness of vision and ability to execute.

Fortinet’s (NGFWs) are an integral component of Fortinet’s platform, which provides broad visibility and protection across the entire attack surface. Fortinet FortiGate NGFWs protect any edge and at any scale because they are powered by purpose-built (SPUs) resulting in the industry’s highest . Fortinet continues to drive innovation with its  offering as well, with advanced routing and industry’s most flexible security options via an integrated NGFW or SASE-based cloud-delivered security.

Fortinet believes its placement in the Leaders quadrant is largely due to the company’s ongoing commitment to offer a approach, which integrates security into every element of the network and enables customers to:

  • Manage operational and security risks for better business continuity: Digital transformation offers tremendous opportunities for businesses to create value and realize efficiencies. However, it also creates new security risks, such as expanding the attack surface for would-be cyber adversaries. With Fortinet NGFWs, customers can achieve full visibility into their networks, applications, and potential threats. Fortinet offers the industry’s highest Security Compute Rating through the power of the company’s purpose-built Secure Processing Units (SPUs - e.g. ) to deliver optimal user experience at any scale.
  • Reduce Cost and Complexity: As the digital attack surface expands, security teams must also expand their defense capabilities. Fortinet NGFWs allow customers to build defense in depth through segmentation, dynamic trust, and advanced security inspection to keep operations running. FortiGate NGFWs protect business applications with , eliminating the need of point products and resulting in optimal total cost of ownership (TCO).
  • Improve Operational EfficienciesA single-pane-of-glass management enabled by  provides a complete and consolidated view across a variety of network edges, on-prem or in the cloud. Fabric Management Center provides automation, and orchestration for the Security Fabric that extends to 400+ ecosystem integrations. This simplifies enterprise-wide workflows across FortiGate, , , and Ecosystem Partners.

Building off the power of Security-driven Networking and our industry-leading FortiGate NGFWs, Fortinet also offers industry’s most flexible and to meet escalating and often unpredictable capacity needs that can quickly outpace an organization’s security solution performance capabilities.

In addition to being recognized as a Leader in the 2020 Gartner Magic Quadrant for Network Firewalls, Fortinet was named a 2020 Gartner Peer Insights Customers’ Choice for Network Firewalls. Fortinet believes that this additional customer validation further highlights that Fortinet’s simple, secure, and scalable platform approach resonates with customers across all industries.

SUPPORTING QUOTE

“Fortinet’s continuous leadership in the network firewall market and continued innovation enables us to offer a highly flexible and secure offering that we can scale to meet our customers’ escalating needs. The combination of FortiGate Network Firewalls and the Fortinet Security Fabric platform allows us to offer our customers high-performance security solutions that protect across the entire attack surface.”

 Justin, Tibbs, National Security Practice CSO, Presidio

Additional Resources

  •  the November 2020 Gartner Magic Quadrant for Network Firewalls.
  • Read our for more information about Fortinet’s Placement as a Leader in this the Gartner 2020 Gartner Magic Quadrant for Network Firewalls.
  • Learn more about why Fortinet was named a .
  • See Fortinet's FortiGate reviews on .
  • Learn more about the Fortinet .
  • Find out how the  platform delivers broad, integrated, and automated protection across an organization’s entire digital infrastructure.
  • Learn more about threat intelligence and research and the portfolio.
  • Find out more about Automation-Driven Network Management in .
  • Learn more about Fortinet’s , including its , the , and .
  • Read more about how are securing their organizations.
  • Engage in the . Share ideas and feedback, learn more about our products and technology, and connect with peers.
  • Follow Fortinet on , , , , and . 

Gartner Disclaimers

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, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

About Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 480,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning organization, the Training Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at , the , or .    

FTNT-O

Copyright © 2020 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, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral,FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFone, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

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. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at , may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

Media Contact:Investor Contact:Analyst Contact:
Michelle ZimmermanPeter SalkowskiRon Davis
Fortinet, Inc.Fortinet, Inc.Fortinet, Inc.
408-235-7700408-331-4595415-806-9892



EN
13/11/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Fortinet Inc.

Anish Jog ... (+4)
  • Anish Jog
  • Daniel Ives
  • Sam Brandeis
  • Steven Wahrhaftig

Good Quarter and Outlook; Step in a Right Direction

A Closer Look at FY4Q25 (December) ResultsRevenueTotal revenue of $1.905 billion grew 15% y/y, above the company’s guidance range for revenue of $1.825 billion to $1.885 billion and above the Street’s $1.860 billion estimate reflecting solid global execution and broad-based demand for solutions par

 PRESS RELEASE

Fortinet Reports Strong Fourth Quarter and Full Year 2025 Financial Re...

Fortinet Reports Strong Fourth Quarter and Full Year 2025 Financial Results Fourth Quarter 2025 Highlights Revenue grew 15% year over year to $1.91 billionProduct revenue grew 20% year over year to $691 millionBillings grew 18% to $2.37 billion1Unified SASE billings grew 40%GAAP operating margin of 33% Non-GAAP operating margin of 37%1 Full Year 2025 Highlights Revenue grew 14% year over year to $6.80 billionProduct revenue grew 16% year over year to $2.22 billionBillings grew 16% to $7.55 billion1Unified SASE & SecOps billings grew 24%GAAP operating margin of 31%Non-GAAP operating margi...

 PRESS RELEASE

Fortinet Expands FortiCNAPP Cloud Risk Management with Network, Data, ...

Fortinet Expands FortiCNAPP Cloud Risk Management with Network, Data, and Unified Risk Context New enhancements integrate network security posture, native Data Security Posture Management, and runtime validation to help security teams prioritize real-world cloud risk SUNNYVALE, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Fortinet®, the global cybersecurity leader driving the convergence of networking and security, today announced new enhancements to that help organizations better understand and prioritize cloud risk beyond what is possible with many CNAPP solutions today. By correlating ...

Wedbush Research
  • Wedbush Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch