Fortinet’s business model revolves around providing cybersecurity solutions and services to businesses worldwide. The company generates revenue from:
Product Sales
- Fortinet’s hardware-based security solutions, such as the FortiGate firewall, are sold to customers. These appliances are often bundled with software and subscriptions for additional security services.
Subscription-Based Services
- In addition to selling hardware, Fortinet offers subscription-based services, such as threat intelligence, secure Wi-Fi, and endpoint protection. These subscriptions provide recurring revenue streams for the company.
Cloud and Virtualization Services
- With the increasing adoption of cloud computing, Fortinet has invested heavily in cloud-based security solutions. The company’s FortiGate firewalls are available as virtual appliances for businesses using cloud infrastructure like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.
Support and Professional Services
- Fortinet also provides professional services, including training, consulting, and support, which adds an additional layer of revenue. These services ensure that businesses are using Fortinet products efficiently and securely. shutdown123
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