FTNT Fortinet Inc.

Fortinet Named a Leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure

Fortinet Named a Leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure

Placed Higher in Ability to Execute and Further in Completeness of Vision Than its Position the Previous Year

SUNNYVALE, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) --

John Maddison, EVP of Products and CMO at Fortinet

“A few years back while the entire industry was thinking about SD-WAN as a siloed product, at Fortinet we took a Security-driven Networking approach, combining networking and security to be the first vendor to deliver Secure SD-WAN. We’re pleased to be placed in the Leaders quadrant of the 2020 Magic Quadrant for WAN Edge Infrastructure, something we feel is another strong indicator of Fortinet’s ability to deliver better user experience with consistent security for our customers. We believe Fortinet will continue to disrupt the industry with solutions rooted in Security-driven Networking principles, next by delivering the most flexible security via SASE.”

News Summary

® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced it has been positioned in the Leaders quadrant of the Gartner September 2020 Magic Quadrant for WAN Edge Infrastructure, placing higher in ability to execute and further in completeness of vision than its position the previous year.

Fortinet Delivers the Industry’s Most Flexible SD-WAN Solution

Fortinet continues to drive innovation of to deliver an organically developed solution that consolidates advanced routing, , and intuitive orchestration with the industry’s most flexible security options via integrated next-generation firewall or SASE-based cloud-delivered security. Fortinet’s dedication to SD-WAN innovation has also resulted in the industry’s most extensive and secure SD-WAN solution, able to be deployed across the home, branch, campus and multi-cloud. Fortinet Secure SD-WAN helps customers realize significant benefits, including:

  • Better user experience: Fortinet customers can dynamically learn and overcome WAN impairments at all edges through comprehensive self-healing SD-WAN capabilities, which are powered by purpose-built ASICs for higher performance. AI and ML-powered application learning provides visibility and control to deliver the best application performance possible.
  • Reduced costs and complexity: Fortinet’s Security-driven Networking approach converges networking and security into a unified Secure SD-WAN solution with centralized orchestration, enabling customers to reduce point products and operational complexity and achieve the best possible total cost of ownership (TCO).

Earlier this year, Fortinet was named a 2020 for WAN Edge Infrastructure. This distinction is based on feedback and ratings from end-user professionals who have experience purchasing, implementing or using Fortinet Secure SD-WAN.

Fortinet was also named the by Omdia, which noted 247% year-over-year growth in Fortinet’s SD-WAN revenue from 1Q19 to 1Q20. Fortinet believes this additional accolade showcases Fortinet’s ability to deliver one of the top SD-WAN solutions on the market.

Fortinet Showcases a Clear Vision of the Future of SD-WAN

Customers who choose Fortinet Secure SD-WAN are able to futureproof their investments by extending SD-WAN to address emerging use cases with new cloud-delivered security innovations providing flexible SASE solutions for today’s diverse workforce anytime and anywhere. With the broadest availability for multi-cloud, continued innovations in unified cloud orchestration will enable end-to-end visibility and control anywhere. Fortinet was one of the first vendors to showcase the SD-WAN to expansion and continues to innovate to provide tighter integration, security and analytics between the LAN Edge and WAN Edge.

Supporting Quotes

“Fortinet Secure SD-WAN helped us accelerate cloud services with automated cloud on-ramps. We were also able to consolidate branch services by extending to Fortinet Secure SD-Branch using both their wireless and switching solutions. The entire operation successfully enabled secure direct communication for our 1,600 employees.”

-Ricardo Girardelli, Network Architect, Creditas

“Fortinet Secure SD-WAN is flexible in the deployment models that it supports and reduces cost and complexity for customers. The combination of SD-WAN, security, SD-Branch, reporting, and automation make Fortinet's Secure SD-WAN a compelling full-stack solution for branches and campuses.”

-Robert Short, Vice President-Strategic Services at Liquid Networx

Additional Resources

  • Access a complimentary copy of the .
  • Read our  to learn more about Fortinet’s Leader position in the Gartner Magic Quadrant for WAN Edge Infrastructure.
  • Learn more about the importance of .
  • Learn more about Fortinet’s , , and SASE solutions.
  • 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.
  • 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 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 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 465,000 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 ZimmermannPeter SalkowskiRon Davis
Fortinet, Inc.Fortinet, Inc.Fortinet, Inc.
408-235-7700408-331-4595415-806-9892

 

EN
29/09/2020

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