SUNNYVALE, Calif., Feb. 05, 2020 (GLOBE NEWSWIRE) --

John Maddison, EVP of products and CMO at Fortinet
“Similar to our growing customer base, Fortinet’s partners recognize the value of Fortinet’s Secure SD-WAN solution providing integrated security, SD-WAN and enterprise-grade networking in a single offering. Our partners from various industries and backgrounds are benefitting immensely from our industry leading solution combined with Fortinet’s SD-WAN partner enablement initiatives. Fortinet is committed to accelerating our partner’s growth and enabling them to capitalize on the opportunity the SD-WAN market presents.”   

News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced continued momentum enabling partners to untap SD-WAN market opportunities with the Fortinet Secure SD-WAN solution and enablement initiatives.    

Network engineering and operation leaders struggle to facilitate digital innovation initiatives at branch and remote locations due to the limitations of traditional WAN infrastructures. As a result, organizations are turning to Software-defined wide-area networking (SD-WAN) as a preferred solution for replacing legacy WAN infrastructures within distributed organizations. This segment of the enterprise networking market will grow at a 30.8% compound annual growth rate (CAGR) from 2018 to 2023 to reach $5.25 billion, according to IDC's SD-WAN Infrastructure Forecast.

As the SD-WAN market continues to grow, resellers and MSSPs need a Secure SD-WAN solution that consolidates networking, routing and security infrastructures into one single solution. Fortinet Secure SD-WAN is that solution, helping partners accelerate their customer’s WAN transformation, supporting high-performance digital applications and ensuring seamless security across branch deployments. Through Fortinet’s Secure SD-WAN solution and enablement initiatives, partners are able to better capitalize on the SD-WAN market opportunity.

Fortinet Secure SD-WAN Enablement Initiatives for Partners
Fortinet is helping partners sell Fortinet Secure SD-WAN and specialize in SD-WAN technology through several partner enablement initiatives. Through these initiatives, Fortinet partners are equipped to quickly and cost-effectively introduce differentiated software-defined networking solutions to generate new revenue streams, gain market share and deliver applications to customers on any network. Several tools aid in this initiative, including:

Increasingly, distributed organizations with remote offices are making the switch from performance-inhibited WANs to agile SD-WAN architectures that combine cost savings with significant performance enhancements. Fortinet partners are enabling customers to successfully reduce network costs and increase business agility through Secure SD-WAN. By leveraging the Secure SD-WAN enablement tools, partners are also gaining a competitive edge in the SD-WAN sales and management process, leading to an increase in customer loyalty, revenue and market share.

Supporting Quotes from Partners

“Built on Fortinet’s Secure SD-WAN, Masergy’s Managed SD-WAN solution gives clients software-defined network services and three tiered options for managed security services. It’s a winning combination that resonates with global enterprises needing cloud application performance, 24/7 threat monitoring, as well as incident response. Like Fortinet, we believe networking and security need to be inextricably tied, and resellers with a Fortinet-Masergy partnership address more needs across both IT domains.”
-Bob Laskey, Executive VP and Chief Revenue Officer, at Masergy

“Powernet is committed to offering the highest level of security and services to our customers. As a longtime Fortinet partner, Fortinet has allowed us to provide our customers with best-of-breed SD-WAN and security, helping us increase business opportunities with customers implementing WAN transformation projects. By delivering a unique combination of security, Wide Area Networking, cost savings and single-pane-of-glass management, it’s clear to us why Fortinet’s Secure SD-WAN solution is gaining significant adoption and industry recognition.”
-Christopher Ghosio, VP of Security and Network Engineering at Powernet

“Vector Security Networks partners with Fortinet to deliver highly desired networking and security functionality to a customer base that operates within multiple verticals. Our service offerings utilize Fortinet’s single bundle licensing model to leverage SD-WAN, UTM features, high-level routing capabilities, centralized management, policy packages and configuration templates. All of these features provide a stable and secure network for our customers all while encompassing a high-level service delivery offering within our engineering team. With Fortinet’s offering, we can deliver cutting edge managed services to our customer base.”
-Brandon Basile, Vendor Relationships at Vector Security

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 425,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.    

FTNT-O

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.

Media Contact
Stephanie Lira
Fortinet, Inc.
408-235-7700
pr@fortinet.com
Investor Contact
Peter Salkowski
Fortinet, Inc.
408-331-4595
psalkowski@fortinet.com
Analyst Contact
Ron Davis
Fortinet, Inc.
415-806-9892
rdavis@fortinet.com