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Frost & Sullivan Commends Fortinet for its Top Ranking in the Managed Security Service Platform Market by Leveraging the FortiGate Product Line


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Frost & Sullivan

25 May, 2016, 13:00 GMT

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FortiGate's use of a common OS for multiple devices offers cost savings on training and support

MOUNTAIN VIEW, California, May 25, 2016 /PRNewswire/ -- Based on its recent analysis of the managed security service provider (MSSP) market, Frost & Sullivan recognizes Fortinet, Inc. with the 2016 North America Frost & Sullivan Award for Market Leadership. In Frost & Sullivan's recent survey of more than 100 network security platforms, Fortinet emerged as the top-ranked North American network security product supplier among MSSPs. Fortinet achieved this dominant position on the strength of its FortiGate line of high-performance firewalls, next-gen firewalls, and unified threat management (UTM) solutions.

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Frost & Sullivan recognizes Fortinet, Inc. with the 2016 North America Award for Market Leadership.

Photo - http://photos.prnewswire.com/prnh/20160524/371392

Fortinet's FortiGate is well suited to the needs of MSSPs because of its rich set of features. In addition to state-of-the-art firewall functionality, the FortiGate platform has intrusion prevention, antimalware, application control, Web filtering, and advanced threat protection tools.

"The company's strategy of bundling services on a single platform presents clear value to the MSSP, as it reduces their training and support costs. A FortiGate 60D running in a retail branch has the same OS as a multi-tenant platform running in the core of a telecom provider," said Frost & Sullivan Research Director Frank Dickson. "Tools such as monthly billing, service automation, and return-on-investment models will further help MSSPs profit from Fortinet's platforms."

In addition to a common OS and a single management platform, Fortinet reduces 'soft' costs through other methods as well. One of them is to enhance the FortiGate platform to eliminate the need to support the platforms of its competitors. A higher number of vendors for the MSSP translate to higher staffing for the same number of customers and same revenue. By delivering fewer platforms, FortiGate reduces MSSPs' operational expenditures.

"Fortinet invests in the knowledge base of its MSSP partners to ensure that the latter are able to serve their customers and build a successful managed security services business," noted Dickson. "It offers free training to MSSP personnel to reduce the upfront cost burden of the Fortinet security tools."

The company has also rolled out sponsorship programs for military veterans seeking a career in cybersecurity with MSSPs. Finally, it rewards higher levels of MSSP participation and certification with larger pricing discounts.

For polling the most number of votes in the total network security platform market, Frost & Sullivan is pleased to present Fortinet with the 2016 North America Frost & Sullivan Award for Market Leadership.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:

Chiara Carella
P: +44 (0) 207.343.8314
F: 210.348.1003
E: chiara.carella@frost.com

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