In celebration of another strong quarter, Fortinet today celebrated another strong quarter by announcing it has unified its zero trust, endpoint, and network security products in a bid to help the growing number of enterprises struggling with how to secure hybrid and remote workers.

“By unifying Fortinet’s broad portfolio of zero trust, endpoint, and network security solutions within the Fortinet Security Fabric, Fortinet delivers security that follows users whether they’re on the road, in the home, or in the office to provide enterprise grade protection and productivity,” CEO Ken Xie said during the company’s third-quarter earnings call.

The approach bundles a common set of Fortinet products to address these three key use cases while trading out the network security element depending on the scenario.

All three platforms pair Fortinet’s FortiEDR and FortiXDR endpoint and extended detection and response platforms with its zero-trust access portfolio, which includes the company’s FortiClient, FortiOS, and FortiGate products as well as its FortiAuthenticator identity service.

However, each use case addresses network security differently. Fortinet is positioning its secure access service edge (SASE) platform to protect workers on the go. Meanwhile, the vendor took an appliance-based approach to securing remote and hybrid workers' home networks.

Finally the company’s approach to branch security, which is perhaps the most familiar, relies on Fortinet’s next-generation firewalls in the form of a FortiGate appliance or virtual machine.

Core to all of this is the unified security fabric connecting them, which Fortinet claims allows workers to seamlessly work from home, on the go or during their commute, and of course from the office.

“Empowering users to move seamlessly between different work environments has critical implications for maintaining user productivity as well as security,” Fortinet CMO John Maddison said in a statement.

The update comes as enterprises face a massive ramp in ransomware attacks. According to Fortinet’s latest FortiGuard Labs report, ransomware incidents increased nearly 1100% from June 2020 to June 2021, while 67% of organizations surveyed reported having been a ransomware target.

Fortinet Posts Record Q3

Fortinet rang in the third quarter of 2021 with another record quarter punctuated by strong revenues, which grew 33% year over year to $867.2 million.

Robust product revenue growth accounted for the majority of the gains, up 50.6% year over year to $337.1 million. The company saw its strongest product revenue growth since taking Fortinet public in 2009, according to Xie. Meanwhile, service revenues topped $530 million in Q3, up 24.1% year over year.

The Asia Pacific market saw the strongest Q3 revenue growth, with revenues up 43% year over year, trailed by Europe, the Middle East, and Africa (33%), and the Americas (29%).

Fortinet also celebrated another milestone in Q3 as billings crossed the $1 billion threshold for the first time in the company’s history.

“Fortinet is strongly positioned to significantly capture market share of a projected total addressable market of more than $174 billion by 2025,” Xie boasted on the call.

Looking ahead to Q4, Fortinet predicts revenues in the range of $940 million to $970 million. For full-year 2021, Fortinet anticipates revenues between $3.32 billion and $3.35 billion.

However, CFO Keith Jensen warned supply chain constraints could curb growth somewhat during the current quarter.

“We expect the worldwide supply chain constraints will present evolving challenges in the fourth quarter and into 2022,” he said. “We view the current situation as a supply challenge, not a demand challenge.”