Fortinet and NEC join forces to build secure 5G networks

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The partnership between Fortinet($NASDAQ:FTNT) and NEC is aimed at helping communication service providers build secure 5G networks. Fortinet will provide its security solutions, while NEC will offer professional services built on its expertise in the telecom industry. The two companies will work together to deliver carrier-grade, sustainable networking required in 5G. Do you think this will affect FORTINET market and earnings in the long term? It is difficult to say at this time how the partnership will affect Fortinet’s market and earnings. However, the partnership could help Fortinet to grow its business in the telecom sector, as 5G networks become more widely adopted.

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The partnership will see NEC provide its 5G core network technology, while Fortinet will contribute its expertise in security. The two companies believe that their combined expertise will be able to address the challenges of 5G security, which are expected to be more complex than those of previous generations of mobile networks. The partnership will also allow the two companies to share knowledge and resources, which will help them to better meet the needs of their customers. The partnership is a positive development for both companies, and is likely to lead to more collaboration in the future. It will also help to ensure that 5G networks are secure, which is essential for the continued rollout of 5G technology.

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A company’s fundamentals reflect its long term potential. The below analysis on FORTINET is made simple by VI app. Based on VI Star Chart FORTINET is classified as ‘gorilla’, a type of company that achieved stable and high revenue or earning growth due to its strong competitive advantage. High growth companies are deemed more risky as they attempt to grow faster. FORTINET is strong in growth, profitability, medium in asset and weak in dividend. FORTINET has a high health score of 7/10 with regard to its cashflows and debt, is capable to sustain future operations in times of crisis.

Summary

In order to ensure that 5G networks are secure, Fortinet has teamed up with NEC. The two companies will work together to provide solutions that protect against a variety of threats. This is a smart move by Fortinet, as 5G promises to be a very important network technology. By partnering with NEC, they will be able to offer their products and services to a wider range of customers.