Fortinet Placed Highest in Ability to Execute in the Challengers Quadrant of the 2019 Gartner Magic Quadrant for WAN Edge Infrastructure
SUNNYVALE, Calif., Dec. 04, 2019 (GLOBE NEWSWIRE) --
John Maddison, EVP of products and CMO at Fortinet
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced its position as a Challenger with the highest ability to execute and furthest completeness of vision in the 2019 Gartner Magic Quadrant for WAN Edge Infrastructure. Fortinet was also recently named by Gartner as one of the highest three vendors in worldwide market share for enterprise SD-WAN equipment by revenue for 2Q19, experiencing 234% growth in revenue quarter-over-quarter between 1Q19-2Q19 to reach $46M in 2Q19.2 Fortinet believes its placement in the Gartner Magic Quadrant and market share placement is largely due to its commitment to helping customers reduce WAN complexity and cost while enhancing application experience by delivering advanced security and SD-WAN functionality in a single easy-to-use offering available in an appliance or virtual machine in all six major cloud providers.
Fortinet Solves Customers’ Biggest WAN Challenges
Fortinet Secure SD-WAN is Recognized by Customers
Additional Third Party Recognition of Fortinet’s SD-WAN Innovation
“Fortinet Secure SD-WAN was the only solution we found that enables simplified operations and full provision of routing, SD-WAN and advance security across all of our branches—using a single device. Because the solution is integrated into the FortiGate Next-Generation Firewall, Fortinet Secure SD-WAN allows us to reduce capital and operational costs without expanding the attack surface. We estimate that we will achieve 100% return on investment within five years.”
“Fortinet’s carrier-grade solution allows us to deliver one of the Nordic Region’s first secure SD-WAN services. The ability to tightly integrate advanced security into a flexible and cost-effective SD-WAN managed service offering was a huge factor for choosing to partner with Fortinet. Simplified operations and integrated next-gen firewall capabilities ensure we’ll have the level of visibility, control and security needed to effectively protect our customers’ data and applications using our SD-WAN service.”
1Gartner, Magic Quadrant for WAN Edge Infrastructure, Jonathan Forest, Mike Toussaint, Neil Rickard, 26 November 2019.
2Gartner, Market Share: Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 2Q19, Joe Skorupa, Christian Canales, Nareesh Singh, 20 September 2019.
3Gartner, Magic Quadrant for Network Firewalls, Rajpreet Kaur, Adam Hils, Jeremy D'Hoinne, John Watts, 17 September 2019.
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Copyright © 2019 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, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiInsight, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, 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.
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