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Fortinet, Inc. (FTNT)

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  • Cybersecurity Stocks To Buy As Covid-19 And Remote Work Speed Shift To Cloud
    Investor's Business Daily

    Cybersecurity Stocks To Buy As Covid-19 And Remote Work Speed Shift To Cloud

    The best cybersecurity stocks are well-positioned in cloud-delivered services. Amid Covid-19, more companies are instructing employees to work from home, creating new computer security issues.

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

    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 FirewallsSUNNYVALE, 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 Fortinet® (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 FortiGate Next-generation Firewalls (NGFWs) are an integral component of Fortinet’s Security Fabric 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 Security Processing Units (SPUs) resulting in the industry’s highest Security Compute Rating. Fortinet continues to drive innovation with its Secure SD-WAN 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 Security-driven Networking 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. NP7) 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 AI-powered and ML-powered FortiGuard services, eliminating the need of point products and resulting in optimal total cost of ownership (TCO). * Improve Operational Efficiencies: A single-pane-of-glass management enabled by Fabric Management Center 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, FortiManager, FortiAnalyzer, 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 hyperscale security solutions 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 * Access the November 2020 Gartner Magic Quadrant for Network Firewalls. * Read our blog 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 2020 Gartner Peer Insights Customers’ Choice for Network Firewalls. * See Fortinet's FortiGate reviews on Gartner Peer Insights. * Learn more about the Fortinet FortiGate Next-generation Firewall. * Find out how the Fortinet Security Fabric platform delivers broad, integrated, and automated protection across an organization’s entire digital infrastructure. * Learn more about FortiGuard Labs threat intelligence and research and the FortiGuard Security Subscriptions and Services portfolio. * Find out more about Automation-Driven Network Management in Fabric Management Center. * Learn more about Fortinet’s Network Security Expert (NSE) Training Institute, including its free cybersecurity training initiative, the NSE Certification Program, Security Academy Program and Veterans Program. * Read more about how Fortinet customers are securing their organizations. * Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers. * Follow Fortinet on Twitter, LinkedIn, Facebook, YouTube, and Instagram. 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 Fortinet Network Security Expert (NSE) Training Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.    FTNT-OCopyright © 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 www.sec.gov, 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 pr@fortinet.compsalkowski@fortinet.comrdavis@fortinet.com

  • Fortinet Recognized as a Visionary in the 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure
    GlobeNewswire

    Fortinet Recognized as a Visionary in the 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure

    Fortinet is the Only Company to Converge Network Security and the LAN EdgeSUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- John Maddison, EVP of Products and CMO at Fortinet “LAN Edge connectivity is foundational to digital innovation, but complexity often makes it difficult to support and secure. Fortinet technology simplifies management while increasing the security of the network by tightly integrating an organization’s network infrastructure and security architecture. We believe that our ability to execute our Security-driven Networking approach enables us to offer customers a simplified, secure, accelerated network and user experience. More, we also believe our Security-driven Networking approach is why Fortinet is placed as one of two companies in the Visionary Quadrant in the 2020 Gartner Wired and Wireless LAN Access Infrastructure Magic Quadrant.”News Summary Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced its position as a Visionary in the 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure. * Gartner defines a vendor in the Visionaries Quadrantas one that “demonstrates an ability to increase features in its offering to provide a unique and differentiated approach to the market. A Visionary will have innovated in one or more of the key areas of access layer technologies within the enterprise (for example, security, management or operational efficiency). The ability to apply differentiating functionality across the entire access layer will affect its position.” * Fortinet believes this placement, coupled with the cybersecurity provider’s legacy as an innovator, is further reinforcement that Fortinet and its Security-driven Networking strategy delivers a unique and differentiated approach to the infrastructure market.  * Fortinet’s Security-driven Networking approach to wired and wireless networking provides customers with a feature-rich offering that is secure by design and not by add-on, integrates into a larger platform to reduce complexity, and increases features without additional licensing to best address IT’s long-term TCO goals Fortinet’s vision is based upon the key tenets of: * Reduced Cost: Fortinet LAN Edge solutions reduce overall TCO and eliminates overlays by bundling features into FortiGate Next-generation Firewalls without the need for licenses. No additional license or cost is required to enable LAN Edge management, and even Network Access Control (NAC) features can be enabled and leveraged without the need for additional costly licenses. * Simplified Management: Fortinet LAN Edge solutions simplify management by utilizing a single management platform for LAN and network security. IT cycles are minimized by having a consolidated location to manage various aspects of the network. * Reduced Complexity: Fortinet LAN Edge solutions reduce complexity by centralizing LAN management and security functions into the FortiGate Next-generation Firewall. A single view of complex LAN networks makes for easier management with less worry about unintended disruptions​. Fortinet’s approach enables a unique take on the LAN edge that leverages FortiGate Next-generation Firewall capabilities as a network controller, offering consolidated visibility and centralized management and reporting to ease management and simplify deployment and provisioning.Fortinet Solves Customers’ Biggest LAN Challenges Fortinet has been named a Gartner Peer Insights Customers’ Choice for Wired and Wireless LAN Access Infrastructure1 for three years in a row. This Gartner Customers’ Choice recognition is based on the ranking of vendors by verified end-user professionals – both the number of end-user reviews and the vendor’s overall user rating are considered when determining these rankings. Fortinet believes that this additional customer validation further highlights that Fortinet’s simple, secure, and scalable approach to LAN Edge resonates with customers. Building off the power of Security-driven Networking and our industry-leading FortiGate Next-generation Firewall, Fortinet offers a LAN Edge solution that can scale to any deployment’s needs, from campus to branch to the remote worker. * Campus Networks: Fortinet’s LAN Edge solution creates a single consolidated configuration reducing the chance for error, and a common platform for day-to-day management of network and security. Security-driven Networking eliminates the need for additional “bolt on” solutions to integrate management and security functions. * SD-Branch: Security-driven Networking approach to LAN Edge allows consolidation of the three main components of the branch network (SD-WAN, Firewall/Security, and the network layer) into a single standard platform for all branches. This simplifies remote oversight and administration of distributed sites to a single converged solution per site. * Teleworker: Fortinet’s Security-driven Networking approach to LAN Edge works for remote wireless Access Points as well. Leveraging a central FortiGate at headquarters reduces configuration and management complexity for IT while allowing remote users to have the same experience as connecting at a corporate office. Supporting Quote “Fortinet’s secure and scalable infrastructure solutions enable us to offer our customers a highly proven and differentiated LAN edge solution that easily enables them to securely and cost-effectively deploy network equipment in a secure framework through Security-driven Networking.” \-- Dave McMorrow, Principal & Co-Founder, NuSpective SolutionsAdditional Resources * Access a complimentary copy of the November 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure. * Read our blog for more information about Fortinet’s Secure Ethernet Switching and Wireless offerings and this year’s Gartner 2020 Gartner Magic Quadrant for Wired and Wireless LAN Access Infrastructure. * Learn more about why Fortinet was named a 2020 Gartner Peer Insights Customers’ Choice for Wired and Wireless LAN Access Infrastructure. * Learn more about Fortinet’s secure, simple, and scalable Secure Ethernet Switching and Wireless solutions. * Find out how the Fortinet Security Fabric platform delivers broad, integrated, and automated protection across an organization’s entire digital infrastructure. * Learn more about FortiGuard Labs threat intelligence and research and the FortiGuard Security Subscriptions and Services portfolio. * Learn more about Fortinet’s Network Security Expert (NSE) Training Institute, including its free cybersecurity training initiative, the NSE Certification Program, Security Academy Program and Veterans Program. * Read more about how Fortinet customers are securing their organizations. * Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers. * Follow Fortinet on Twitter, LinkedIn, Facebook, YouTube, and Instagram. 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 Fortinet Network Security Expert (NSE) Training Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.    FTNT-OCopyright © 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 www.sec.gov, 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 pr@fortinet.compsalkowski@fortinet.comrdavis@fortinet.com  * * *1 Gartner, Gartner Peer Insights ‘Voice of the Customer’: Wired and Wireless LAN Access Infrastructure, 7 February 2020