Fortinet Leads the UTM Market and Plans Expansion in India

 Fortinet, a provider of network security and unified threat management (UTM) solutions, announced that the company has again ranked No.1 in UTM in India for Q4 2010 and the full year of 2010.

To maintain its leadership, Fortinet pursues its expansion in India with the appointment of two new sales directors, Digvijaysinh Chudasama and Saurabh Chopra, both security market veterans. They will be responsible to accelerate market penetration in the strategic verticals including Government, Defense and Telecommunications.

 

According to IDC Worldwide Quarterly Security Appliance Tracker, March 2011, Fortinet is the leader in UTM for both factory revenue and units shipped in India for the full year 2010. Fortinet is the leader in UTM for both factory revenue and units shipped in India for Q4 2010. Fortinet has 20.6 percent marketshare in UTM factory revenue in India for Q4 2010, and 20.3 percent for full year 2010.

 

Fortinet’s leadership is fueled by adoption of its FortiGate network security appliances by enterprises, as well as managed security service providers (MSSPs) and telecom carriers.

 

The UTM market is recognized as the fastest growing segment of the network security market”,  said Vishak Raman, regional director for India and SAARC, Fortinet.

 

In order to maintain market leadership in this rapidly growing and increasingly competitive landscape, it is critical for us to continue to focus on our technology value proposition and innovation, but also to affirm our strong commitment in the Indian market by increasing our sales and support resources to guarantee customer satisfaction and sustain our growth”,  Raman added.

One of the top priorities in India & SAARC is to accelerate high-end market penetration, focusing on the key telco and government verticals, which both represent a strong business opportunity with the increased pressure on regulations on one side and the advent of 3G and WiMAX technologies on the other side.

By TelecomLead.com Team

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