[PDF] Fortinet Two Decades of Security-Driven Networking

View - Download Fortinet Two Decades of Security-Driven Networking

Previous PDF

Next PDF

Q4 2020

TWO DECADES OF SECURITY-DRIVEN NETWORKING

Of Leadership

and Growth 10.0% 15.0% 20.0% 30.0%
25.0%
1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 3Q20

2Q201Q204Q19

Non-GAAP Operating Margin -

Trailing Four Quarter Average

Overview

Fortinet's mission is to deliver the most innovative, highest-performing network security fabric to secure and simplify your IT infrastructure. We are a leading global provider of network security and SD-WAN, switching and wireless access, network access control, authentication, public and private cloud security, endpoint security, and AI-driven advanced threat protection solutions for carriers, data centers, enterprises, and distributed offices.

Source: Company data.

Steadily Improved Operating Margins

$2.6B

20022019

BILLINGS

CAGR 47%

* FortiGate 100 series revenue now classified as Mid-range

Americas

42%
EMEA

37%APAC

21%

High-End Appliances

37%

Large enterprises &

telcos/ service providers

Entry-Level Appliances*

21%

SMBs, branch

offices, and retail

Mid-Range Appliances*

42%

Enterprises

Americas

57%EMEA

28%APAC

15%

EmployeeCost

by Region

Revenue

by Region

FortiGate

Billings

by Segment

Q3 2020 Financial Spotlight:

Secure SD-WAN billings more than doubled year-over-year in the quarter a nd represented over 10% of total billings

Q3 2020

Q3 2020Q3 2020

Q3 2020 Non-GAAP Operating Margin: 27.4%

Share Price Performance

Share price performance through Sept. 30, 2020. Source: FactSet

* FTNT IPO on 11/18/2009 at $6.25 (split adjusted); PANW IPO on 7/20/2012 at $42. CHKP performance from FTNT IPO date.

1-year3-year5-yearSince IPO*

FTNT Rank1st1st1st1st

FTNT53%229%177%1785%

CHKP10%6%52%263%

PANW20%70%42%483%

Founded: Nov. 2000

First Product Release: May 2002

Fortinet IPO: Nov. 2009

NASDAQ: FTNT

Headquarters: Sunnyvale, California

Employees: 8,075

FY 2019 Revenue: $2.16B

FY 2019 Billings: $2.60B

Q3 2020 revenue: $651M

Q3 2020 billings: $750M

Q3 2020 EPS (GAAP): $0.75/share

Q3 2020 EPS (non-GAAP): $0.88/share

Market Cap (Sept. 30, 2020): $19B

$1.77B Cash+Investments and no debt

Units Shipped to Date: 6.2M+

Total Customers: 480,000+

Global Patents (as of October 9, 2020)

Issued: 702

Pending: 192

2

Of Leadership

and Innovation

200100300400500600700800

Palo Alto Networks 242

663

FireEye 256

SonicWall 203

Check Point 86

Steadily Improved Operating Margins

Q3 2020 Financial Spotlight:

Secure SD-WAN billings more than doubled year-over-year in the quarter a nd represented over 10% of total billings Detec tion P revention & Remediation In tegration Pe rformance & Value

100s of Companies

50
5 The Only Company to Excel at All Key Stages of Network Security

Source: IDC Worldwide Security Appliance Tracker, April 2020 (based on annual unit shipments of Firewall, UTM, and VPN appliances)

0%5%10%15%20%25%30%35%

Palo Alto NetworksCheck PointCisco

Source: US Patent Office, As of October 9, 2020Source: IDC Worldwide Security Appliance Tracker, April 2020 (based on annual unit shipments of Firewall,

UTM and VPN appliances)

Source: Fortinet estimates based

on recent analyst research. 2024 opportunity shown. 9

Palo Alto Networks 5

Check Point 3

Cisco 1

5010
#1 Most 3rd Party Validations Source: NSS Labs most recent test results, as of July

2020. See pages 10 and 11 for more details.

#1 Most Deployed Network Security #1 Broadest Security Protection ~30% of all FW/UTM appliance shipments

3X more patents than comparable

Network Security companies

From IoT to the Cloud

NSS Labs, ICSA, VB and more

Total Addressable

market of $55B in

2020 growing to

$78B by 2024 #1 Network Security Innovator 663

U.S. Patents

39 Int'l Patents

702

Global Patents

CloudSecurity

$7B

Identity & IoT/OT Security

$10B

Endpoint Security & Security Ops

$17B

Network Security and Secure Infrastructure

$44B #1 CYBERSECURITY

COMPANY IN THE WORLD

NGFW NGIPS

DCIPSAEP

WAF

SD-WANDCSG

BPS BDS 3

Of Leading

the Industry

WAN Edge5G

SmartFactory

Connected

Car

Mobile

EndpointIoT

Access Edge

Internal Segmentation

Traditional PerimeterHyperscale Cloud

Digital Innovation is Rapidly Expanding the Perimeter 1 ST

GENERATION

Connection

FIREWALL2

ND

GENERATION

Co ntent

NGFW/UTM3

RD

GENERATION

Infrastructure

FABRIC

19902000202020302010

Today's perimeter is no longer easily de ned. The data center was once your network's primary point of entry and exit, but now an explosion of new connected devices, 5G, an d hyperscale cloud deployments have expanded the perimeter across the entire infrastructure First-generation network security (stateful rewalls) focused on se curing the connection, and, led by Fortinet, a second generation of network security (next-generation rewalls and UTMs) expanded inspection to the application and content. However, in order to secure today's digital innovations and the rapid ly expanding and evolving perimeter, a third generation of network security is required: a broad, integrated, and aut omated security platform that provides end-to-end segmentation and protection for your data, users, and infrast ructure everywhere. Digital Innovation is Rapidly Expanding the Perimeter

Leading the Evolution of Network Security

ENABLING

DIGITAL INNOVATION

4

We introduced

the Security

Fabric in 2016

FortiGuard Services

FortiMailFortiManager

FortiSwitch

FortiExtenderFortiAP

FortiCASB FortiGate VMFortiGate

FortiSASEFortiCWPFortiGate Cloud

FortiCloud

FortiEDRFortiClient

FortiSOARFortiADC

ApplianceVirtual MachineCloudSecurity-as-a-ServiceSoftware

FortiNAC

Fabric Agent

Forti

Authenticator

Third-Generation Network Security

Fortinet is once again leading the way with its Security

Fabric, the rst open architectural approach to

security that dynamically adapts to and secures the evolving IT infrastructure. Broad visibility of the entire digital attack surface to better manage risk

Integrated

solution that reduces the complexity of supporting multiple point products

Automated

quotesdbs_dbs10.pdfusesText_16

[PDF] fortinet free training covid

[PDF] fortinet free trial

[PDF] fortinet free virtual firewall

[PDF] fortinet free vpn

[PDF] fortinet guide pdf

[PDF] fortinet india

[PDF] fortinet license cost

[PDF] fortinet marketing director

[PDF] fortinet marketing manager

[PDF] fortinet marketing material

[PDF] fortinet modem compatibility matrix

[PDF] fortinet modem compatibility matrix.pdf

[PDF] fortinet mssp partner program

[PDF] fortinet nfr license

[PDF] fortinet nse 1 training