Dubai PR Network, Online Press Release from Dubai and Middle East
 
Technology, Computers & IT(Technology)
Filter PR by
  
Fortinet Increases Revenue Growth Momentum and Leads the Security Appliance Industry in Shipments
 

Leading Analyst Firm Data Shows Fortinet Increases Sales Momentum and Continues to Deliver More Security Appliances Than Any Other Vendor

Dubai, UAE, July 3, 2017: Fortinet® (NASDAQ: FTNT), the global leader in high-performance cybersecurity solutions, today announced the results from International Data Corporation’s (IDC) latest Worldwide Quarterly Security Appliance Tracker. The 2017Q1 and historical report data reinforces Fortinet’s continued leadership within the security industry by consistently shipping the most security appliances in the industry and demonstrating double-digit revenue growth. The market snapshot highlights Fortinet as the fastest growing major Security Appliance vendor.

John Maddison, senior vice president of products and solutions at Fortinet

“Adoption of the Fortinet Security Fabric continues to drive market share growth and maintains Fortinet’s leadership position in the industry. Our ability to provide a broad, powerful and automated Security Fabric that protects all points in the network – from IoT to cloud, physical and virtual networks, wired and wireless environments – provides our customers with the comprehensive threat protection they need today and for the future.”

The IDC tracker details indicate that Fortinet realized 21% revenue growth in security appliance year-over-year, far outpacing the industry average of 9%. Fortinet also saw first quarter 2017 appliance shipments increase by 30% year-over-year, earning 27% unit market share for the quarter. Fortinet has shipped more units in 2017 than the next two competitors combined and widens its unit market share leadership by an additional 4% since the 2016Q4 tracker was published.

Fortinet Units Shipped vs. The Next Closest Competitor

Fortinet Units Shipped vs. The Next Closest Competitor
2014 - 159%
2015 - 181%
2016 - 209%
2017Q1 - 191%
Combined - 185%

(Source: IDC Worldwide Security Appliance Tracker, 2017Q1)

Posted by : Dubai PR Network Editorial Team
Viewed 3825 times
PR Category : Technology
Posted on : Monday, July 3, 2017  11:59:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Amazon and SOUQ.com announce completion of acquisition
Next Story : Cisco introduces new training and developer programs to acce...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
SOUQ.com to Launch Half a Million Deals for White Friday 2017 [18001-Views]
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE [14732-Views]
Give the Gift of Beautiful Hair with SHOW Beauty [14048-Views]
PLAY FOR PEACE, Spread Good Vibes this Christmas [13908-Views]
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Walid Atalla... [13426-Views]
Celebrating regional artistry, creativity and talent through a passion for makeup at the a... [12481-Views]
FOREO: Futuristic Gifting Ideas [11328-Views]
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony [10919-Views]
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com [10577-Views]
TKD Lingerie: New lingerie treats for the holidays [9077-Views]
Stylish automatics from CITIZEN made for the special occasion [9034-Views]
Alessandro International mystifies with its launch event for its Winter Collection [8772-Views]
Tissot Chrono XL - It's time to think big! [8650-Views]
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd [8552-Views]
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in the UAE [7814-Views]
ALWAYS TOP OF THE CHARTS: THE ICONS [7448-Views]
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee [7180-Views]
Ulysse Nardin Marine Torpilleur Military - The Mark of A Captain [7003-Views]
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Haussman Quartz [6844-Views]
The Rado True Cyclo - Exclusive watch co-developed with French designer Philippe Nigro [6472-Views]
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents [6454-Views]
Middle East Food Forum (MEFF) to host its 2nd edition co-located with SIAL Middle East in ... [5508-Views]
Experience the best of Korean beauty with Missha [5411-Views]
SOUQ ramps up operations ahead of White Friday Sale [5100-Views]
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show [4935-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories