Fortinet - JUL20 TSIS

The most recent updated enterprise spending intentions data on Fortinet was collected through ETR's proprietary TSIS (Technology Spending Intentions Survey) from 6/16/2020 - 7/6/2020 and was sourced from 149 CIOs and IT end users, which represent approximately $53B in annual IT spend. Further, of the 149 customers, 15 represent Fortune 500 organizations and 35 represent Global 2000 organizations.

In this report, ETR examines 2H20 spending intentions on Fortinet with a focus on key respondent cuts (Fortune 500/1000), peer competition (Microsoft, Palo Alto Networks, Cisco, Check Point, etc.), and Fortinet’s alignment to public cloud architecture. Further, ETR assesses the effects COVID-19 may have on planned spend for Fortinet.

Finally, ETR examines CIO commentary and reviews regression-based revenue forecasts for Fortinet.