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Fortinet Named No. 1 for Worldwide Unified Threat Management Revenue by Leading Market Research Firm. Fortinet also Leads Overall Enterprise UTM Subcategory
Posted: Wed Dec 29, 2010 04:42:58 PM
SUNNYVALE, Calif., December 28, 2010 - Fortinet® (NASDAQ: FTNT) - a leading network security provider and the worldwide leader of unified threat management (UTM) solutions – today announced that new IDC research data confirms that the company continues its streak of being the No. 1 vendor in worldwide UTM factory revenue for Q3 2010. This solid leadership position is fueled by continued adoption of Fortinet’s FortiGate® network security appliances by enterprises of all sizes, as well as managed security service providers (MSSPs) and telecommunications carriers. This data marks the 19th consecutive quarter Fortinet has garnered this coveted position. The company also leads in overall enterprise UTM revenue. IDC identifies the UTM market segment as the fastest growing segment of the broader network security market and expects UTM to represent approximately 30 percent of the network security appliance market by 2014i.

Data in the latest IDC Worldwide Quarterly Security Appliance Tracker, September December 2010, indicated

  • Fortinet is the overall leader in UTM factory revenue for all of Q3 2010
  • Fortinet is the No. 1 vendor in one key enterprise price band – $50K-$99.9K
  • Fortinet is the No. 1 vendor for overall UTM revenue for Q3 2010
  • Fortinet is the overall leader in UTM factory revenue for the United States.

“Fortinet continues to drive the trend of large enterprises moving toward consolidated solutions to improve their security and reduce their overall data center footprint,” said Ken Xie, founder, president and CEO of Fortinet. “IDC’s latest data supports this continued enterprise customer adoption of UTM appliances across the world, as well as the ongoing adoption by MSSPs, carriers and small to medium businesses.”

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® security appliances, 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 UTM features, including antivirus, firewall, VPN, intrusion prevention, as well as many other security and networking functions, such as Web filtering, anti-spam, WAN optimization, and data leakage prevention (DLP). 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, web application firewall, database security, management and analysis systems and end-point security solutions.

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