Business Wire IndiaFortinet, a key vendor in high-performance cyber security solutions, was named the ‘Network Security Vendor of the Year’ at the 2016 Frost & Sullivan India ICT Awards banquet held on June 2, at Hyatt Regency in Mumbai.
Award recipients were judged on multiple parameters that included Revenue and Revenue Growth, Market Share and Market Share Growth, Portfolio Diversity, Technology Roadmap and Vision, Key Deals and Achievements. In-depth primary interviews were conducted with various industry participants backed up by secondary research carried out by Frost & Sullivan analysts. An elite panel of jury members comprising prominent CIOs/CTOs from the industry evaluated the compiled data and incorporated the end-user perspective. Frost & Sullivan then presented the Awards to companies that received the highest number industry rank in each category.
Congratulating Fortinet on winning the prestigious 2016 ‘Network Security Vendor of the Year’ award, Mr. Benoy CS, Director, Digital Transformation Practice, Frost & Sullivan said, “Over the last 12 months Fortinet has created a prominent mark in the market by enhancing its product portfolio that has often generated high customer value, delight and appreciation. The company has focused largely on prominent industry verticals and posted strong YoY growth across BFSI, IT and ITeS, Government and Defense. Fortinet’s mission of generating profitable revenue by providing quality service to its loyal customers is something that is very unique.”
For Fortinet’s network security business in India, 2015 has been another phenomenal year. The company observed high revenue growth with its broad portfolio of end-to-end security solutions. The company managed to increase its market share in the network security segment through improved focus on its existing product lines and introduction of newer offerings. This is a result of Fortinet’s successful investment strategy in customer support, professional services, partner enablement and training backed by its strong technology advantage. Fortinet has helped customers securely build and grow their IT infrastructure so that it remains in line with the changing threat landscape and business requirements. This award has been given to Fortinet for understanding the specific needs of the Indian customers through its range of FortiGate enterprise firewalls and broader security solutions.
Fortinet presents a comprehensive range of Network Security products that effectively meet security needs of diverse enterprises. The company provides an integrated, collaborative and adaptive architecture designed to deliver security for global enterprises providing protections against today’s dynamic threats.
Speaking about this honor, Mr. Rajesh Maurya, Regional Director, India & SAARC at Fortinet said, “We would like to thank our customers and partners for helping us win this prestigious award for the second consecutive year. Fortinet registered a strong growth in India last year backed by our strategic investments in manpower, training and technical infrastructure. In addition to expanding our R&D and technical support teams, we have appointed business heads for every vertical to act as customers’ strategic advisors to help deploy the right solutions. We will continue to protect Indian businesses with our new Fortinet Security Fabric, which weaves together highly sophisticated hardware and software, enabling direct communication between solutions for a unified and rapid response to threats.”
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. More than 270,000 customers worldwide trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.
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Photo Caption: Mr. Rajesh Maurya, Regional Director, India & SAARC, Fortinet receiving the 'Network Security Vendor of the Year' award from Mr. Vikram Idnani, CIO, Trent Limited in the presence of Mr. Y. S. Shashidhar, Managing Director & Partner, MENASA, Frost & Sullivan