What does Fortinet do?
Here's a breakdown of Fortinet's business, their revenue model, and their reasons for existing:
What Fortinet Does
Fortinet is a leading cybersecurity company specializing in developing and selling network security solutions for businesses, service providers, and government organizations. Their main offerings include:
Firewalls: Fortinet's core product is their FortiGate firewall, which protects networks from unauthorized access, malware, and other cyber threats.
Security Products: They offer a wide range of security products, including:
Intrusion prevention systems (IPS)
Web application firewalls (WAF)
Secure email gateways
Endpoint security solutions
Cloud security
Unified Threat Management (UTM): Fortinet provides UTM solutions that combine multiple security functions into a single appliance, simplifying cybersecurity management.
Security Fabric: The Fortinet Security Fabric is an integrated platform that combines various security products to provide comprehensive visibility and control across an entire organization's network.
How Fortinet Makes Money
Fortinet generates revenue primarily through the following:
Product Sales: They sell their network security hardware appliances and software licenses.
Subscriptions: Fortinet provides recurring revenue from subscription-based services, including security updates, technical support, and cloud-based security solutions.
Services: They offer professional services for installation, configuration, and ongoing maintenance of their solutions.
Why Fortinet Exists
Fortinet exists to address the growing and ever-evolving cybersecurity challenges faced by organizations of all sizes. Here's why they're important:
Increasingly Complex Threats: The cybersecurity landscape is constantly changing, with hackers employing more sophisticated techniques. Fortinet offers advanced tools to counter these threats.
Protecting Sensitive Data: Organizations handle vast amounts of sensitive data, making them targets for cyberattacks. Fortinet helps safeguard this information.
Compliance: Many industries have strict regulations regarding data security. Fortinet's solutions help organizations maintain compliance.
Business Continuity: Cyberattacks can be disruptive and costly. Fortinet helps minimize downtime and ensure businesses can operate smoothly.