StockNews.AI
FTNT
StockNews.AI
13 days

Fortinet Expands FortiCloud with Identity, Secure Storage, and Communication Services to Power the Modern Enterprise

1. Fortinet expands FortiCloud with new services: FortiIdentity, FortiDrive, FortiConnect. 2. New services enhance security for hybrid teams and simplify security operations. 3. Global hybrid-cloud infrastructure supports low-latency services and regional demand. 4. Investment in 160+ points of presence ensures high-performance edge service delivery. 5. Integration into Security Fabric improves visibility and threat protection across platforms.

11m saved
Insight
Article

FAQ

Why Bullish?

The expansion and integration of services signal growth and increased market competitiveness, as seen in similar announcements by cybersecurity firms that led to positive price movements. Fortinet is positioning itself strategically within a growing market for integrated cybersecurity solutions.

How important is it?

The article outlines significant expansions and innovations which are pivotal for Fortinet's growth trajectory, suggesting a positive outlook. The cloud services and infrastructure investments are critical for maintaining competitive advantage in the cybersecurity sector.

Why Long Term?

The focus on developing integrated cloud services will drive long-term adoption and resilience in revenue streams. Similar long-term investments in technology companies, like Microsoft's Azure expansion, have resulted in sustained price benefits.

Related Companies

PANWCSCOZscaler
SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced a major expansion of FortiCloud, its global cloud infrastructure. The latest release introduces FortiIdentity, designed for cloud-delivered identity management for hybrid teams, and two new beta services, FortiDrive and FortiConnect, to provide enterprise-grade secure storage and protected communications. Each service is tightly integrated into the Fortinet Security Fabric, giving organizations security-native alternatives to point products often dependent on bolt-on security. “FortiIdentity, FortiDrive, and FortiConnect, are key milestones in our vision to build a unified global cloud network that brings enterprise-grade security directly into the way teams manage access, store, share, and communicate,” said Michael Xie, Founder, President, and Chief Technology Officer at Fortinet. “These new services extend the power of the Fortinet Security Fabric into everyday productivity and access control, reinforcing our strategy to simplify security operations, reduce vendor sprawl, and empower hybrid work at scale.” Integrated Innovation Backed by Global Infrastructure This announcement builds on Fortinet’s continued investment in its global hybrid-cloud infrastructure, including company-owned data centers in Atlanta, Chicago, New York, Plano, Frankfurt, Sydney, and Torija (Spain). These facilities are strategically designed to deliver low-latency services and support regional demand, combining compute, storage and recovery, and security capabilities. Fortinet also addresses growing data sovereignty requirements by enabling organizations to keep data local through its globally distributed infrastructure.  Complementing these investments, Fortinet leverages over 160 points of presence (POPs) through providers like Google Cloud, AWS, and Digital Realty to ensure secure, high-performance delivery of edge services. Fortinet also delivers a broad range of services made available across cloud marketplaces that include AWS, Azure, and Google Cloud, enabling organizations to benefit from greater service resiliency, geographic flexibility, and seamless access to Fortinet’s cloud-delivered security offerings wherever they operate. FortiCloud: Security-Native Services for the Modern Enterprise With this expansion, Fortinet furthers its strategy of delivering a unified platform that enables organizations to consolidate tools, enhance security posture, and reduce total cost of ownership. The growing FortiCloud service portfolio now includes three new security-native services designed for today’s hybrid workforce: FortiIdentity: A long-established Fortinet identity and access management (IAM) solution, now delivered from FortiCloud, offers enterprises a full-featured, cloud-native approach to secure identity management. It provides secure single sign-on (SSO), multifactor authentication (MFA), FIDO2 passkeys, and identity federation across Fortinet and third-party applications without the need for additional hardware or software. With support for FortiToken Mobile, FIDO2 passkeys, and SAML/OIDC standards, FortiIdentity simplifies identity administration and scales easily to meet enterprise and MSSP requirements. The addition of FortiPAM-as-a-Service as a module of FortiIdentity provides continuous zero-trust network access (ZTNA) checks needed to protect privileged access to the IT environment.FortiDrive: A secure file storage and collaboration solution that protects sensitive data at rest and in transit. Featuring advanced encryption and granular access controls, FortiDrive enables teams to store and manage content safely. Real-time collaboration capabilities allow users to co-edit and share files and folders with colleagues or partners. Built-in version history ensures changes are tracked and can be easily rolled back if needed. FortiDrive also includes site management functionality to help organize content by team or project, along with policy-based compliance enforcement through role-based access control and least-privilege principles.FortiConnect: A unified communication platform that integrates seamlessly with FortiDrive, enabling secure calling, messaging, meetings, and file sharing from anywhere. It delivers an intuitive collaboration experience underpinned by FortiGuard Labs AI-powered threat intelligence, ensuring communications are protected against evolving cyberthreats. All three services are natively integrated into the Fortinet Security Fabric, providing centralized visibility, consistent policy enforcement, and real-time threat protection across users, devices, applications, data, and AI agents. Continued Global Investment Fortinet’s ongoing investment in global cloud infrastructure empowers its platform strategy and commitment to delivering security with the best application experience possible, wherever customers operate. In addition to new POPs, Fortinet’s hybrid-cloud model allows customers to access an expanding range of services, including FortiSASE, FortiAppSec, FortiCNAPP, FortiSOC, FortiMail, and FortiAIOps, through the FortiCloud centralized portal. Delivering Unified, Scalable Security through the FortiCloud Platform These new services delivered via FortiCloud reflect Fortinet’s commitment to simplifying and securing hybrid operations with a unified, cloud-native platform. With a unified platform approach, centralized policy enforcement, and AI-powered threat intelligence, FortiCloud empowers organizations to optimize costs while reducing operational complexity, improve visibility, and protect data and users across distributed environments. Whether securing access, applications, or infrastructure, Fortinet continues to drive security transformation by making cloud security more simple, cost-effective, and natively integrated into the enterprise. Additional Resources Learn more about FortiDrive.Read more about the Fortinet Security Fabric.Visit fortinet.com/trust to learn about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.Read about how Fortinet customers are securing their organizations.Learn about Fortinet's commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.Follow Fortinet on X, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. About FortinetFortinet (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 our customers 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 esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (CERTS), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhancing 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.  Copyright © 2025 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, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAppSec, FortiAuthenticator, FortiBranchSASE, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCART, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDATA, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevice, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex, FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPoints, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTelemetry, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR, Lacework FortiCNAPP, Linksys, Intelligent Mesh, Velop, Max-Stream, Performance Perfected and SECURITY FABRIC. 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. 

Related News