KDDI Selects Fortinet for New Global Managed SASE Service

Rhea-AI Summary

Fortinet (NASDAQ: FTNT), a leader in cybersecurity, announced that KDDI has integrated Fortinet's AI-enhanced Unified SASE solution into its new Global Managed SASE Service. This partnership aims to streamline complex hybrid networks for customers, offering secure remote access worldwide. KDDI’s Global SASE Platform Service by Fortinet will help manage security policies uniformly across different locations, utilizing KDDI's various network services. The service includes features like secure web gateways, zero-trust network access, and endpoint protection. This strategic collaboration aims to enhance user experience and security posture for hybrid work environments.

Positive

• KDDI's integration of Fortinet's Unified SASE solution enhances secure remote access globally.
• Fortinet's Unified SASE will optimize application performance through native integration with Fortinet Secure SD-WAN.
• The Global SASE Platform Service will help manage and unify security policies for remote work environments.
• Additional security services include FWaaS, secure web gateway, zero-trust network access, and endpoint protection functions.

Negative

• None.

Insights

Financial Analyst

The collaboration between KDDI and Fortinet signifies a strategic partnership that could have meaningful implications for both companies. For investors, it's critical to evaluate the financial performance and market reach of both entities. KDDI will likely benefit from Fortinet's well-regarded security solutions, potentially leading to an uptick in adoption rates of their services. This could translate into increased revenue from new and existing clients seeking secure and reliable hybrid work environments.

Fortinet, on the other hand, stands to gain from deeper market penetration, particularly in regions where KDDI has a strong presence. This can enhance their top-line growth through expanded service offerings. Investors should also consider the scalability of this solution and its recurring revenue potential. By offering managed services, both companies can build a more stable, predictable revenue stream.

In the short-term, there might be increased operational costs as both companies work toward seamless integration of their services. However, the long-term benefits could outweigh these initial expenses, leading to enhanced profitability and market competitiveness.

Tech Expert

The introduction of KDDI's Global SASE Platform Service leveraging Fortinet's Unified SASE solution offers significant technological benefits. This service simplifies the deployment of secure, scalable networks, which is increasingly critical in today's hybrid work environment. The ability to unify and centrally manage security policies ensures consistent security measures across various locations, reducing the risk of breaches.

The integration of FWaaS, secure web gateway, cloud access security broker, zero-trust network access and endpoint protection within a single platform offers a comprehensive solution that reduces the complexity typically associated with managing multiple security products. This could lead to improved efficiency and reduced operational overhead for businesses that adopt this service.

For investors, it's important to recognize the robustness and versatility of Fortinet's offering. The native integration between Fortinet Secure SD-WAN and their Unified SASE can significantly enhance application performance, a critical factor for ensuring a seamless user experience.

Market Research Analyst

This partnership between KDDI and Fortinet is a strategic move in the rapidly growing SASE (Secure Access Service Edge) market. According to recent market trends, the demand for SASE solutions is accelerating, driven by the rise of remote work and the need for secure, scalable and simplified network architectures. By leveraging Fortinet's Unified SASE, KDDI can tap into this growing demand effectively.

Market research indicates that the SASE market is expected to reach significant growth in the coming years. The combined offering from KDDI and Fortinet positions them well to capture a substantial market share. This is particularly relevant for industries that require stringent security measures and remote access capabilities, such as finance, healthcare and government sectors.

For retail investors, understanding the market positioning and future potential of such strategic collaborations is crucial. This partnership not only highlights the competitive edge both companies bring to the table but also their commitment to innovation in security and networking solutions.

KDDI CORPORATION's Global SASE Platform Service by Fortinet was built leveraging Fortinet's AI-enhanced, cloud-delivered Unified SASE solution

SUNNYVALE, Calif., July 10, 2024 (GLOBE NEWSWIRE) --

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that KDDI leveraged Fortinet Unified SASE as a new managed secure access service edge (SASE) service. The service from KDDI utilizes Fortinet’s industry-leading Unified SASE solution as the core product for its Global SASE Platform Service by Fortinet offering.

The Global SASE Platform Service by Fortinet unifies and centrally manages different security policies and standards, simplifying complex networks that require highly secure hybrid work environments from any location globally. In addition, by combining KDDI Global IP-VPN, KDDI Wide Area Virtual Switch, KDDI Wide Area Virtual Switch2, and other network services provided by KDDI, various cloud and internet services can be used to secure users, applications, and network edges everywhere.

“We’re excited to join forces with Fortinet to provide a powerful managed SASE service that enables our customers to access secure networks remotely and efficiently, regardless of their location,” said Tetsuya Nakamura, Head of Product Management, General Manager, Product Division, KDDI. “By leveraging Fortinet’s industry-leading Unified SASE offering, we’re able to empower and support our customers in their remote work and secure networking journeys.”

“Fortinet Unified SASE enables KDDI to deliver value-added managed services that provide a consistent security posture and optimal user experiences for customers in hybrid environments,” said John Maddison, chief marketing officer at Fortinet. “Our strategic collaboration with KDDI is the latest example of how Fortinet’s comprehensive Unified SASE solution empowers organizations to embrace the convergence of networking and security.”

KDDI selected Fortinet Unified SASE following a rigorous verification process. KDDI believes the solution will enable the company to provide secure hybrid work environments for customers through centralized management with unified security policies and standards. Fortinet Unified SASE will serve as the foundation for various services offered by KDDI and will enable KDDI to provide Global SASE Platform Service by Fortinet as a managed SASE service for customers around the globe.

Key Features of the New Managed Service

The Global SASE Platform Service by Fortinet enables joint KDDI and Fortinet customers to manage complex hybrid network environments at scale without compromising on security. The new managed SASE service from KDDI and Fortinet provides several benefits for customers, including:

• Unifying different security policies and standards at remote work locations globally
• Optimizing routing and avoiding congestion by connecting to locations in each country
• Providing additional security services, including FWaaS, secure web gateway, cloud access security broker, zero-trust network access, and endpoint protection functions
• Optimizing application performance, through the native integration between Fortinet Secure SD-WAN and Fortinet Unified SASE to enhance the user experience with public cloud, SaaS, and private applications
• Delivering superior user experience while enabling a strong security posture with a robust network of scalable, global SASE locations
  

Through their collaboration, KDDI and Fortinet will enable customers from various industries to strengthen their security postures and adopt advanced networking technologies seamlessly.

The Global SASE Platform Service by Fortinet is available now globally from KDDI.

Additional Resources

• Learn more about Fortinet Unified SASE.
• Visit fortinet.com/trust to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products that contribute to delivering proven cybersecurity, everywhere you need it.
• Learn more about Fortinet's commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.
• Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs.
• Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks.
• Learn more about Fortinet’s FortiGuard Security Services portfolio.
• Read about how Fortinet customers are securing their organizations.
• Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with high-profile, well-respected organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2024 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact:	Investor Contact:	Analyst Contact:
Elena Fuhrmann	Aaron Ovadia	Brian Greenberg
Fortinet, Inc.	Fortinet, Inc.	Fortinet, Inc.
408-235-7700	408-235-7700	408-235-7700
pr@fortinet.com	investors@fortinet.com	analystrelations@fortinet.com

FAQ

What is the new managed service announced by Fortinet and KDDI?

Fortinet and KDDI announced a new Global Managed SASE Service utilizing Fortinet's Unified SASE solution to streamline hybrid network environments.

How does the Global SASE Platform Service by Fortinet enhance security?

The Global SASE Platform Service unifies security policies and standards, offering features like secure web gateways, zero-trust network access, and endpoint protection.

What specific technologies does KDDI's SASE service integrate?

KDDI’s SASE service integrates Fortinet’s Unified SASE solution with KDDI Global IP-VPN, KDDI Wide Area Virtual Switch, and other network services.

When was the Fortinet and KDDI collaboration announced?

The collaboration between Fortinet and KDDI was announced on July 10, 2024.

What benefits does the Fortinet Unified SASE solution offer to hybrid work environments?

Fortinet Unified SASE optimizes application performance, offers a consistent security posture, and enhances user experience through scalable, global SASE locations.