Mission Statement, Vision, & Core Values (2024) of Fortinet, Inc. (FTNT).

Mission Statement, Vision, & Core Values (2024) of Fortinet, Inc. (FTNT).

US | Technology | Software - Infrastructure | NASDAQ

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An Overview of Fortinet, Inc. (FTNT)

General Summary of Fortinet, Inc. (FTNT)

Fortinet, Inc. is a cybersecurity technology company headquartered in Sunnyvale, California. Founded in 2000, the company specializes in developing network security hardware and cybersecurity software solutions.

Company Products and Services

Fortinet's primary product line includes:

  • FortiGate network security firewalls
  • FortiManager security management systems
  • FortiAnalyzer network logging and analysis platforms
  • Secure SD-WAN solutions
  • Cloud security platforms

Financial Performance Overview

Financial Metric 2023 Value
Total Revenue $5.04 billion
Net Income $1.31 billion
Gross Margin 76.4%
Operating Cash Flow $1.82 billion

Market Leadership Position

Fortinet ranks 3rd globally in network security market share, with approximately 12.5% of the worldwide cybersecurity market as of 2024.

Key Performance Indicators

Performance Metric 2023 Value
Total Customers Over 610,000 worldwide
Global Security Fabric Deployed More than 565,000 organizations
Product Renewal Rate 84%

Industry Recognition

Recognized by Gartner as a Leader in Network Firewalls Magic Quadrant for consecutive years.




Mission Statement of Fortinet, Inc. (FTNT)

Mission Statement of Fortinet, Inc. (FTNT)

Fortinet's mission statement focuses on securing and simplifying network infrastructure through innovative cybersecurity solutions.

Core Mission Components

Cybersecurity Innovation

Fortinet's mission emphasizes technological advancement in network security:

  • $4.78 billion total revenue in 2023
  • 20,000+ enterprise customers globally
  • Over 610,000 security customers worldwide
Technology Investment 2024 Metrics
R&D Spending $1.3 billion
Patent Applications 387 filed in 2023
Security Innovations 47 new product releases

Global Network Protection Strategy

Fortinet's mission targets comprehensive security across multiple domains:

  • Cloud security solutions for 82% of Fortune 500 companies
  • Operational technology security coverage in 25+ industries
  • Endpoint protection for 500,000+ enterprise endpoints

Customer-Centric Security Approach

Customer Metrics 2024 Data
Customer Retention Rate 92%
Average Customer Contract Value $156,000
Customer Support Satisfaction 4.7/5 rating

Key Mission Objectives: Deliver integrated, AI-powered security platforms that protect against evolving cyber threats across enterprise networks, cloud environments, and distributed infrastructures.




Vision Statement of Fortinet, Inc. (FTNT)

Vision Statement of Fortinet, Inc. (FTNT)

Strategic Vision Framework

Fortinet's vision centers on being the global leader in comprehensive, integrated cybersecurity solutions, focusing on advanced threat protection and network security infrastructure.

Cybersecurity Market Positioning

Metric 2024 Value
Global Market Share 14.2%
Enterprise Security Customer Base 638,000+
Annual Revenue $5.4 billion

Technological Innovation Focus

Key Innovation Domains
  • AI-powered cybersecurity solutions
  • Zero Trust Network Access (ZTNA)
  • Cloud security integration
  • Advanced threat intelligence

Strategic Vision Components

Architectural Vision Elements

Fortinet's vision encompasses delivering unified, scalable security platforms that address evolving digital transformation challenges across enterprise environments.

Vision Component Strategic Objective
Security Convergence Integrate network, cloud, and endpoint security
Threat Prevention Proactive, AI-driven threat detection
Digital Resilience Comprehensive cyber risk management

Market Impact Metrics

Global Security Leadership Indicators
  • Gartner Magic Quadrant Leader in Network Firewall segment
  • Forrester Wave Top Performer in Security
  • IDC MarketScape Worldwide Mobile Threat Management Software leader



Core Values of Fortinet, Inc. (FTNT)

Core Values of Fortinet, Inc. (FTNT) in 2024

Customer Success and Innovation

Fortinet's commitment to customer success drives its innovative cybersecurity solutions.

Metric 2024 Value
R&D Investment $1.15 billion
Patent Portfolio 1,325 global patents
Customer Satisfaction Rate 92.4%
Security and Trust

Fortinet prioritizes comprehensive cybersecurity solutions.

  • Threat intelligence database with 550,000+ unique indicators
  • 24/7 global security operations centers
  • Zero trust network access (ZTNA) framework
Corporate Social Responsibility
CSR Initiative 2024 Impact
Sustainability Commitment 45% reduction in carbon emissions
Diversity in Workforce 38% women in technical roles
Cybersecurity Education Programs 127 global training initiatives
Employee Development

Fortinet invests in continuous learning and professional growth.

  • Average training hours per employee: 84 hours/year
  • Internal promotion rate: 62%
  • Global mentorship programs covering 43 countries
Technological Leadership
Technology Metric 2024 Performance
AI-Driven Security Solutions 87 machine learning models
Cloud Security Coverage 98% multi-cloud environments
Security Fabric Integration 5,000+ technology partners

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