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#Cybersecurity News: Fortinet (NASDAQ: $FTNT), Named a Leader in the 2017 Gartner Magic Quadrant for Enterprise Network Firewalls

Execution of Enterprise Firewall Strategy and Fortinet's Security Fabric Solutions Evaluated in the Latest Gartner Report

 

SUNNYVALE, Calif. - July 12, 2017 (Investorideas.com Newswire) Ken Xie, founder, chairman of the board and CEO at Fortinet "Cybersecurity is a very dynamic space. Customer requirements keep evolving, the attack surface is growing as mobile devices, cloud computing and IoT is used in corporate networks, and the threat landscape is getting more sophisticated and automated. Just over a year ago, we launched our Fortinet Security Fabric technology vision to deliver an architectural approach to security that is specifically designed to see and respond to threats in real time, automatically adapt to distributed networks and provide the performance needed to keep up with growing data and user demands. We believe that Gartner's recognition of Fortinet as a leader in its Enterprise Firewall Magic Quadrant is a testament to the successful execution and market adoption of our Security Fabric vision."

News Summary

Fortinet® (NASDAQ:FTNT), the global leader in high-performance cybersecurity solutions, today announced it has been recognized as a Leader in the 2017 Gartner Magic Quadrant for Enterprise Network Firewalls1. The report evaluated Fortinet's Security Fabric, its 'completeness of vision' and 'ability to execute' as factors for the placement in the Magic Quadrant. As a foundation of the Fortinet Security Fabric, the FortiGate Enterprise Firewall is the only solution that delivers the scale, automation, and performance needed to protect from the edge to the datacenter and from IoT to the Cloud.

More than 310,000 customers trust Fortinet solutions to deliver the broadest, most powerful and highly automated security to defend their entire attack surfaces. FortiGate Enterprise Firewall customers have enthusiastically provided 288 perfect 5-star reviews and 498 total reviews on Gartner Peer Insights – compared with the 418 reviews for the next ten enterprise firewall vendors combined as of July 12th.2

Independent evaluation and market analysis conducted by firms like Gartner are critical to help businesses determine the best vendors to protect their critical data and assets against an increasingly hostile threat landscape.

Executing on Fortinet's Vision

Since its founding, Fortinet has challenged the traditional concepts of network security with a focus on engineering innovative cybersecurity solutions with the breadth to cover an organization's entire attack surface, the performance needed to handle the massive amounts of data traversing enterprise networks and the automation required to rapidly respond to threats. One year ago, Fortinet forever changed the way enterprises look at cybersecurity with its Security Fabric vision to deliver a holistic and adaptive architecture capable of defending the entire infrastructure, so they can best compete in the rapidly evolving digital economy.

Fortinet's FortiGate enterprise firewalls are central to the Fortinet Security Fabric – engineered to unify and automate multi-layered response to threats in addition to delivering superior Next-Generation Firewall (NGFW) capabilities.

In order to deliver a truly integrated Security Fabric, Fortinet developed its universal security operating system, invested in the development of sophisticated security processors, provided Security Fabric APIs to integrate third-party security solutions and built the largest and most mature threat intelligence infrastructure on the planet. The combination of these innovations enables Fortinet to deliver an integrated security ecosystem that ties together security at the perimeter, in the data center, on the campus, in the cloud, across internal segments, at branch offices, and spanning IoT and end user devices.

Supporting Quotes

Chris Cushman, Vice President of Product Management at CDK Global, LLC.

"As we evaluate technologies to build into our leading Dealer Management Systems, we look for partners with a strong innovation vision and the ability to execute. The dealerships we serve are defending against cyber-attacks with limited IT resources. Our assessment of technology vendors with which to expand our security offerings reveals that Fortinet has been recognized across many Gartner Magic Quadrant reports – a key indicator that gives us confidence that they are the right partner to have with us on this journey."

Lee Waskevich, VP, Security Solutions, ePlus

"Working together with Fortinet, we can deliver advanced, comprehensive security solutions to our clients and help them protect their critical infrastructures from a constantly evolving threat landscape. Fortinet is known for providing industry-leading security hardware and software on which partners have the tools and support to add value for their clients. Their innovative portfolio helps to address our clients' key cyber security concerns. Fortinet's position as a leader in Gartner's Magic Quadrant reinforces our partnership with Fortinet and helps assure our clients that they are leveraging the best security solutions to defend their businesses."

1. Gartner Magic Quadrant for Enterprise Network Firewalls, Adam Hils, Jeremy D'Hoinne, Rajpreet Kaur and Greg Young, July 2017

2. Peer Insights Reviews as of July 12, 2017. Gartner Peer Insights reviews constitute the subjective opinions of individual end-users based on their own experiences, and do not represent the views of Gartner or its affiliates.

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.

About Fortinet

Fortinet (NASDAQ:FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 310,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

FTNT-O

Copyright © 2017 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCloud, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice, FortiWeb and FortiCASB. 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, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release contains forward-looking statements that involve uncertainties and assumptions, such as statements regarding program, technology and functionality releases and release times. Changes of circumstances, product release delays or product priority or roadmap changes, 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:

Dan Mellinger
Fortinet, Inc.
415-572-0216
dmellinger@fortinet.com

Investor Contact:

Kelly Blough
Fortinet, Inc.
408-235-7700 x 81612
kblough@fortinet.com

Analyst Contact:

Ron Davis
Fortinet, Inc.
415-806-9892
rdavis@fortinet.com


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