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Fortinet Named UTM Market Share Leader for 2008 by Leading Research Firm

Fortinet Named UTM Market Share Leader for 2008 by Leading Research Firm


Company also leads in the $10K-$24.9K, $25K-$49.9K and $50K-$99.9K enterprise and high end price bands for the year


SUNNYVALE, Calif., Mar. 25, 2009 - Fortinet®- a market-leading network security provider and worldwide leader of unified threat management (UTM) solutions - today announced that new IDC research data confirms that the company was ranked No. 1 in worldwide UTM factory revenue for 2008, fueled by significant large enterprise, MSSP and carrier adoption of its high-end FortiGate™ network security appliances. This data makes Fortinet the global factory revenue leader for three consecutive years.. For 2008, Fortinet also held its sales lead in the enterprise and high end price bands -- two significant segments of focus for the company.

 

Data in the latest IDC Worldwide Quarterly Security Appliance Tracker, March 2009, confirmed :

 

  • Fortinet is the overall leader in UTM factory revenue for all of 2008 and Q4 2008
  • Fortinet is the No. 1 vendor in the high-end ($50K-$99.9K) price band for both factory revenue and units shipped for all of 2008 and Q4 2008
  • Fortinet is the No. 1 vendor in the two enterprise UTM price band segments ($10K-$24.9K and $25K-$49.9K) for both factory revenue and units shipped for all of 2008 and Q4 2008
  • Fortinet is the overall leader in UTM factory revenue for Western Europe and Asia Pacific for all of 2008 and Q4 2008

 

"Faced with an increasingly complex threat landscape and shrinking IT budgets, enterprises of all sizes are re-evaluating their network security postures and replacing ineffective security point solutions with UTM solutions," said Ken Xie, Fortinet founder, president and CEO. "Driving Fortinet’s UTM growth is enterprise and high-end customer adoption and realization of the defined and measurable security effectiveness, value and ROI achieved with our FortiGate appliances, which are backed by real-time security updates and hold more certifications and awards than any competitive solution."

 

According to IDC, UTM security appliance products include multiple security features integrated into one device. To be included in this category, as opposed to other Threat Management appliance segments, UTM appliances must contain the ability to perform network firewalling, network intrusion detection and prevention, and gateway antivirus. All of the capabilities need not be utilized, but the functions must exist inherently in the appliance. In addition to the mandatory applications, UTM appliances may also host other security or networking features.

 

Delivered via its flagship family of FortiGate®  new generation security gateways, Fortinet provides a flexible platform that enables enterprises and service providers of all sizes to consolidate critical security technology and services to maximize network protection and reduce total cost of ownership. These ASIC-accelerated security appliances integrate essential security applications and services, including antivirus, firewall, VPN, intrusion prevention, Web filtering, anti-spam WAN optimization, and data leakage prevention (DLP). All FortiGate  systems are kept up to date by Fortinet's FortiGuard® Network, which provides regular updates that help ensure protection against the most damaging, content-based threats from email and Web traffic such as viruses, worms, intrusions, other unwanted network traffic - around the clock and around the world. FortiGate appliances are complemented by an array of messaging, management and analysis systems and end-point security solutions.

 

For more information on Fortinet products, please visit: www.fortinet.com/products.

 

About Fortinet (www.fortinet.com)

 

Fortinet is the pioneer and leading provider of ASIC-accelerated unified threat management, or UTM, security systems, which are used by enterprises and service providers to increase their security while reducing total operating costs. Fortinet solutions were built from the ground up to integrate multiple levels of security protection--including firewall, antivirus, intrusion prevention, VPN, spyware prevention and antispam -- designed to help customers protect against network and content level threats. Leveraging a custom ASIC and unified interface, Fortinet solutions offer advanced security functionality that scales from remote office to chassis-based solutions with integrated management and reporting. Fortinet solutions have won multiple awards around the world and are the only security products that are certified in six programs by ICSA Labs: Firewall, Antivirus, IPSec VPN, SSL VPN, Network IPS, and Antispam. Fortinet is privately held and based in Sunnyvale, California.

 

Copyright © 2009 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates, including, but not limited to, the following trademarks: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, and FortiDB. Other trademarks belong to their respective owners. Fortinet has not independently verified statements above attributed to other parties, and Fortinet does not endorse any such statements.


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