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Enterprise > Security > News
Fortinet ranks No 1 in '06 UTM revenue
The Sunnyvale-based firm experienced significant quarter over quarter growth in shipments of its high-end security systems
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Tuesday, April 3, 2007

NEW DELHI: IDC research data confirmed that Fortinet ranked No. 1 for worldwide unified threat management (UTM) revenue for 2006, the UTM solutions provider said in a statement.

In line with its objectives to grow in the high-end market, IDC data confirmed that in Q4 2006 Fortinet experienced significant quarter over quarter growth in shipments of its high-end security systems.

Referring to IDC’s Worldwide Quarterly Security Appliance Tracker, Q4 2006, Sunnyvale, California-based Fortinet said it is the overall leader in UTM factory revenue for all of 2006 and Q4 2006, ahead of SonicWall, Juniper, Cisco and Crossbeam.

It was the No. 1 vendor in the $50K-$99.9K UTM price band segment for units shipped in Q4 2006, growing significantly quarter over quarter and was the No. 1 vendor in the enterprise UTM ($25K-$49K) price band segment in both factory revenue and units shipped for all of 2006 and Q4 2006.

“Fortinet has seen a strong increase in customer demand for our high-end FortiGate security systems, which is supported by IDC’s latest data,” said Ken Xie, founder and CEO of Fortinet. “This demand has been driven by large enterprises, MSSPs and carriers worldwide that recognize that Fortinet provides the most flexible, scalable and comprehensive multi-threat security platform available to address their varying security needs.”

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