Fortinet, Inc. (FTNT) at Morgan Stanley Technology, Media & Telecom Conference: Insights from Ken Xie and Keith Jensen
On March 4, 2025, Fortinet, Inc. (FTNT) participated in the Morgan Stanley Technology, Media & Telecom Conference. The event, held at 12:15 PM ET, was graced by the presence of Fortinet’s Chairman, CEO, and Founder, Ken Xie, and CFO, Keith Jensen. The conference call was moderated by Keith Weiss from Morgan Stanley.
Company Participants’ Remarks
Ken Xie:
- “We’ve seen a significant increase in the adoption of our Secure Access Service Edge (SASE) solutions. With the shift to remote work and the increasing complexity of security threats, businesses are recognizing the need for a secure and seamless way to access applications and data from anywhere. Our SASE solutions provide this by integrating wide area networking, security, and application services into a single, cloud-delivered architecture.”
- “We’ve also seen strong growth in our FortiGuard Labs threat intelligence services. With the volume and sophistication of cyber threats continually increasing, businesses need real-time, actionable threat intelligence to stay ahead of the curve. Our FortiGuard Labs team is constantly researching and analyzing threats, and we’re seeing a high demand for this service.”
Keith Jensen:
- “Our financial performance has been strong, with revenue growth in the double digits for the past several quarters. We’ve seen particularly strong growth in our subscription services, which now represent over 70% of our total revenue. This is a testament to the recurring nature of our business and the value that our customers see in our solutions.”
- “We’ve also made significant investments in research and development, which we believe will pay off in the long run. We’re seeing strong demand for our advanced security solutions, such as our artificial intelligence (AI) and machine learning (ML) offerings. These solutions help businesses automate threat detection and response, which is becoming increasingly important in today’s threat landscape.”
Impact on Individuals
For individuals, the implications of Fortinet’s growth and innovation are significant. With the increasing adoption of remote work and the growing complexity of cyber threats, the need for secure and seamless access to applications and data from anywhere is more important than ever. Fortinet’s SASE solutions provide this, making it easier and safer for individuals to work from home or on the go. Additionally, Fortinet’s advanced security solutions, such as its AI and ML offerings, help protect individuals from the latest cyber threats.
Impact on the World
At a global level, Fortinet’s growth and innovation have significant implications for businesses and organizations of all sizes. With the increasing adoption of remote work and the growing complexity of cyber threats, the need for secure and seamless access to applications and data from anywhere is more important than ever. Fortinet’s SASE solutions provide this, enabling businesses to operate more efficiently and securely. Additionally, Fortinet’s advanced security solutions help protect businesses and organizations from the latest cyber threats, reducing the risk of data breaches and other security incidents.
Conclusion
In conclusion, Fortinet’s participation in the Morgan Stanley Technology, Media & Telecom Conference provided valuable insights into the company’s growth and innovation. With the increasing adoption of remote work and the growing complexity of cyber threats, Fortinet’s SASE solutions and advanced security offerings are becoming increasingly important. For individuals, these solutions make it easier and safer to work from anywhere, while for businesses and organizations, they enable secure and efficient operations. The future looks bright for Fortinet, and its continued investment in research and development is sure to yield exciting new innovations.
