Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that it is among the top three vendors in worldwide market share for SD-WAN equipment by revenue in Gartner’s Q2 2019 report titled, “Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 2Q19.”According to Gartner, total worldwide SD-WAN equipment revenue in 2Q19 was $417M, up 30% quarter-over-quarter.In 2Q19, Fortinet’s SD-WAN revenue is reported to have grown 234% quarter-over-quarterto $46M. This represents the third highest revenue market share at 11.1%.

“Cybersecurity has become a top-of-mind strategic business issue for enterprises deploying WAN edge solutions,” says John Maddison, EVP of products and CMO at Fortinet. “We’re hearing from an increasing number of customers who are concerned about the security risks associated with SD-WAN exposing branch offices to the Internet. We believe our growing market share validates the need for Fortinet’s unique Security-Driven Networking approach, which tightly integrates security and SD-WAN functionality into a single offering. Fortinet is committed to SD-WAN innovation; just this year we released the industry’s first SoC4 ASIC specifically designed to increase SD-WAN performance and security. Fortinet’s Secure SD-WAN solution includes best-of-breed next-generation firewall security, SD-WAN, advanced routing, and WAN optimization capabilitiesas well as the ability to extend SD-WAN to the access layer via SD-Branch. Because we deliver our SD-WAN solution in-built into every FortiGate Next-Generation Firewall, customers benefit from some of the industry’s best threat protection and threat detection capabilities, fully integrated with one of the top SD-WAN solutions on the market.”

The iconic toy chain is undergoing a digital transformation in the KSA backed by Capillary Technologies as a strategic partner

Capillary Technologies, a leader in omnichannel engagement solutions along with its partner Naizak AlElm have become a key technology enabler for ToysRUs in Saudi Arabia by providing the popular chain of toy stores with its AI based Instore solution. ToysRUs will benefit from Capillary’s retail marketing solution to accurately identify in-store walk- in’s and derive rich insights about customer behaviour and buying patterns to help plan store operations efficiently. 

According to research from Euromonitor International, Saudi Arabia’s retail market is expected to grow at 12.3% to be worth US$119 billion by 2023. Having recently established its regional entity ‘Capillary Arabia’ in the Kingdom, Saudi Arabia is the fastest-growing market for Capillary in the region. With this latest partnership with ToysRUs, Capillary aims to further consolidate its presence in the country. 

Offline retail in Saudi Arabia continues to contribute about 95% to the total spend. Consumers still prefer to visit brick-and-mortar stores to experience and feel the product before a purchase. Keeping customers at the center of attention, ToysRUs wanted to build an offline clickstream of data, similar to what ecommerce does, to support the company’s mission to provide an exceptional retail experience to customers.

ToysRUs deployed Capillary’s VisitorMetrix which not only enables it to analyze historical store traffic patterns to determine staffing requirements through power hours, but also gives immediate responsive data to changes, including studying the impact of promotional campaigns. ToysRUs uses this information to strategize their operations and marketing campaigns to look deeper at their performance and pull the right levers for improved productivity.

“While our ecommerce business is growing, we did not want to lose focus on the offline stores. Combining the instore consumer behaviour with the transactional data will give us a complete 360 degree view of our customers and will help us personalise our offerings and services,” said Mr. Mansour Al-Akeel, Managing Director and CEO at ToysRUs.

Capillary’s President and General Manager for META, Nitin Kaushal said, “Saudi Arabia is one of our key markets in the region and we are pleased to partner with ToysRUs and be involved in their digital journey. We will soon be launching VisitorSense to help retailers capture more in-store data. It will provide brands with demographics and fashion profiles of store visitors to better understand their buying habits, patterns and preferences. We look forward to establishing a long-term partnership with ToysRUs and help elevate their customer experience.”

Capillary has also partnered with Naizak in Jeddah to leverage its rich and localised expertise in the market to design localised loyalty solutions for homegrown brands. 

FVC, a leading value-added distributor in the Middle East and Africa, today signed a strategic partnership with  Virsec, a cybersecurity company delivering a radically new approach to protect organizations against advanced cyberattacks. The partnership will enable FVC to distribute Virsec’s cybersecurity solutions throughout the Middle East region.

Responding to a sharp increase in cyberattacks targeting businesses, Virsec has validated its patented Trusted Execution™ technology with FVC’s partners and customers to provide unprecedented protection against advanced cyberattacks. High-profile attacks such as WannaCry, NotPetya, Black Energy, Industroyer, and others have used advanced hacking techniques and memory exploits to hijack control, cause disruption, shut down critical business applications or worse. These techniques bypass conventional network security tools and have been considered “indefensible” by many security experts.

“Cybersecurity is a top concern for our customers today as hackers are evading conventional security defenses,” said K.S. Parag, Managing Director, FVC. “Virsec provides effective runtime application memory protection against fileless and memory-based exploits, helping our customers eliminate these dangerous attacks. Through this strategic partnership we have strengthened our IT security portfolio to provide our partners and customers with a complete suite of complementing security solutions required to protect their businesses and critical assets.”

Virsec is the only security vendor that protects processes and memory in real-time. The solution maps acceptable application execution, and instantly detects deviations caused by attacks. This deterministic process takes the guesswork out of cybersecurity by detecting and blocking application attacks within milliseconds, with precise forensics at every step. Analyst firm Gartner has stated that memory protection should be considered “mandatory” and has recognized Virsec for its unique technology.

“It’s time to rethink how we approach security as hackers are using increasingly sophisticated attacks to expose holes in an organization’s infrastructure,”said Bobby Gupta, Managing Director for International Business at Virsec.“These attacks affect all industries from critical infrastructure, government and defense, to financial services, healthcare, telecom, retail, and more. Our philosophy is simple – rather than eternally chasing elusive threats, we need to eliminate the guesswork in cybersecurity and stop attacks at the application, in real-time.”