Fortinet – Fast and Secure Australia
More than 120 Partners, Distributors and Fortinet Staff came together recently in Sydney and Melbourne at Fortinet’s first ever ‘Fast and Secure’ event in Australia.
With a full-day of speakers, attendees heard about the latest Fortinet offerings that embed security capabilities in every aspect of Managed Services Provision. The message is clear:we have moved on from Managed Security Service Provision (MSSP) because, simply put, security is an integral component of every ‘As a Service’ offering from managed email and firewalls to full-blown cloud-based enterprise computing.
This theme was driven home in Sydney by speakers from Secure Logic and the Electoral Commission NSW who talked about their ‘secured by Fortinet’ iVote on-line voting service.
Michael Demery from information security specialists Seccomglobal spoke about how they build security into every service they provide. But he cautioned that setting up a viable ‘as a service’ business model takes time and resources to start up and turn a profit. However, he extolled the virtues of Fortinet and said that "every year Fortinet’s solutions ‘get better and better’".
Fortinet – ‘Eye-popping’ Fortinet financials win industry praise
Fortinet has ‘over performed’ in its second quarter 2015 financial results, posting record billings growth and better than expected revenue, profitability and cash flow.
The security vendor logged billings of US$297.2 million for the quarter ending 30 June, up 40% over the same quarter last year. Revenue was up 30% year on year to US$239.8 million, with cash flow from operations of US$84.3 million.
Within the US$239.8 million total revenue was US$114.8 million in product revenue, up 34% year on year, while service revenue accounted for $125.0 million, a 27% increase.