Fortinet

As cyber threats become more complex and pervasive, Fortinet sits at the frontline of defence with its integrated security fabric spanning cloud, endpoint, and network environments. It is one of the very few cybersecurity companies offering proprietary chips, giving it a cost and performance advantage over competitors. Fortinet benefits from multiple accelerating megatrends: the Digitisation of Enterprises, Cloud Adoption, and the Cybersecurity Imperative. Its business model, centred on selling high-margin software licenses and security subscriptions, delivers recurring revenues and strong cash flows. Fortinet’s broad customer base spans enterprises, governments, and service providers, giving it deep exposure to global IT security budgets. As organisations transition to hybrid cloud and remote work infrastructures, Fortinet’s ability to provide unified, scalable, and AI-enhanced protection places it among the long-term winners in a world increasingly defined by data protection and digital trust.