Fortinet – ‘Eye-popping’ Fortinet financials win industry praise

Fortinet has ‘over performed’ in its second quarter 2015 financial results, posting record billings growth and better than expected revenue, profitability and cash flow.

The security vendor logged billings of US$297.2 million for the quarter ending 30 June, up 40% over the same quarter last year. Revenue was up 30% year on year to US$239.8 million, with cash flow from operations of US$84.3 million.

Within the US$239.8 million total revenue was US$114.8 million in product revenue, up 34% year on year, while service revenue accounted for $125.0 million, a 27% increase.

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Fortinet – Fast and Secure Australia

More than 120 Partners, Distributors and Fortinet Staff came together recently in Sydney and Melbourne at Fortinet’s first ever ‘Fast and Secure’ event in Australia.
With a full-day of speakers, attendees heard about the latest Fortinet offerings that embed security capabilities in every aspect of Managed Services Provision. The message is clear:we have moved on from Managed Security Service Provision (MSSP) because, simply put, security is an integral component of every ‘As a Service’ offering from managed email and firewalls to full-blown cloud-based enterprise computing.
This theme was driven home in Sydney by speakers from Secure Logic and the Electoral Commission NSW who talked about their ‘secured by Fortinet’ iVote on-line voting service.
Michael Demery from information security specialists Seccomglobal spoke about how they  build security into every service they provide. But he cautioned that setting up a viable ‘as a service’ business model takes time and resources to start up and turn a profit.  However, he extolled the virtues of Fortinet and said that "every year Fortinet’s solutions ‘get better and better’".

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Servitel powers taxis, Kordia powers Servitel

While cloud computing solutions undoubtedly deliver advantages of cost, flexibility, convenience and ease of deployment, they come with a requirement for always-on connectivity. That’s why Servitel Communications selects Kordia to provide a range of connectivity solutions in support of New Zealand Taxi Communications (NZTC) and other Servitel clients within the New Zealand taxi industry.

Servitel Communications specialises in business solutions delivered from hosted cloud infrastructure. Wholly owned by Australia’s Aerial Capital Group Ltd, Servitel NZ began operations in New Zealand in 2011 establishing the unified communications and data hosting business through a relationship formed with the taxi industry.