Fortra Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Fortra Strengths, Domain Expertise, and Key Differentiators

Fortra is a people-first software company focused on helping exceptional organizations Build Better IT. Fortra security and automation software simplifies critical IT processes to give their customers peace of mind. Fortra delivers solutions based on the fundamentals of good technology design: high quality, a top-notch user experience, and the ability to improve performance.

Fortra Recent Developments

Fortra's latest announcement on August 9, 2023, showcases a significant leap in the realm of cybersecurity offensive solutions. The integration of Fortra's offensive security tools—Frontline Vulnerability Manager (VM), Core Impact, Cobalt Strike, and Outflank Security Tooling—heralds a new era in vulnerability management, penetration testing, and red teaming. By harmonizing these solutions, Fortra empowers organizations with a proactive security approach, mirroring the tactics employed by threat actors to identify and exploit potential vulnerabilities. Mark Bell, Managing Director, of Infrastructure Protection at Fortra, emphasized the importance of proactively seeking out security weaknesses, aligning with the adage 'to catch a criminal, you must think like a criminal.' The interoperability of these offensive security tools not only centralizes data and reduces console fatigue but also expedites remediation, providing customers with a more streamlined and efficient security posture. With configurations ranging from Essentials to Advanced Red Team, Fortra offers a comprehensive suite that addresses varying security needs, reinforcing its commitment to delivering top-tier protection through a layered and collaborative approach.

In November 2022, HelpSystems rebranded itself as Fortra, signaling a renewed commitment to security and defense solutions. This strategic evolution comes at a crucial time when businesses are grappling with the increasing complexity of cybersecurity threats. The announcement positions Fortra as a name synonymous with not only security but also as a steadfast ally for organizations navigating the challenging terrain of digital defense.

Kate Bolseth, CEO of Fortra, emphasized the significance of this transformation, stating, "The cybersecurity industry is always changing, and we're evolving along with it. This is a pivotal, exciting moment for us as we're defining a new, bold path forward that will bring positive change to the industry and our customers." Bolseth envisions Fortra as a cybersecurity ally, dedicated to simplifying the intricacies of cybersecurity and alleviating the constant worry faced by organizations.

In April 2022, Fortra announced a new round of product releases for the 2022 calendar year, providing customers with additional features to enhance cybersecurity and automation solutions within their organization, with a focus on deepening product integrations to allow customers to meet critical business requirements.

Fortra Mergers and Acquisitions (M&A) Activities

Key to Fortra's growth has been a series of strategic acquisitions, bringing onboard industry leaders such as Alert Logic, Digital Guardian, Cobalt Strike, Tripwire, Digital Defense, Terranova Security, Agari, PhishLabs, Core Security, GoAnywhere, Titus, and other renowned software and service providers. This rich collection of solutions has not only expanded Fortra's global reach but has also fortified its position as an industry leader, providing a comprehensive suite of tools to address diverse cybersecurity challenges.

Fortra made a significant acquisition in October 2021 by acquiring Digital Guardian, a prominent leader in enterprise data loss prevention. This strategic move expanded Fortra' portfolio and bolstered its capabilities in data protection. Moreover, Fortra has received investments from eight investors, including Harvest Partners Structured Capital and HGGC, and has undergone multiple funding rounds.

Fortra Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Fortra applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Fortra and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Frontline VM customers.

Fortra Key Enterprise and Cloud Applications

Frontline VM

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Fortra Direct vs Indirect sales

Fortra Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Fortra Customers

No. of Fortra Customers: 30000

No. of Fortra Enterprise Applications Customers: x

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Over 30,000 organizations rely on Fortra, Some of them are Summit Credit Union, Decatur City Schools, Merchant Bank of Sri Lanka, ALD Automotive, Barnwell House of Tires, Mesilla Valley Transportation, Ellis Medicine, Alaska Communications, NAFECO, Societe Generale Bank Brazil.

Fortra Market Opportunities, M&A and Geo Expansions

Fortra's recent quarterly Release Day for 2023 marks a pivotal moment in the IT security landscape. The strategic updates unveiled reflect Fortra's commitment to advancing security maturation for its customers while alleviating operational burdens. The collaborative approach, as highlighted by John Grancarich, Executive Vice President, of Strategy, Fortra, underscores the company's dedication to incorporating user feedback into its product roadmap. Noteworthy highlights include Alert Logic's efforts to streamline console operations and enhance vulnerability scan configuration, Core Impact's introduction of ransomware simulation and exploit execution tools for targeted risk assessment, and GoAnywhere's support for secure file transfer over Java 11 with improved notification capabilities. Terranova Security's ContentHub, Titus' new data classification reporting server, Tripwire's UI enhancements and streamlined installation, and FileCatalyst's improved interface and security features collectively position Fortra as a proactive leader in simplifying and fortifying global organizations' cybersecurity strategies.

The IT industry continues to present numerous opportunities for Fortra. On a horizontal level, the growing demand for cloud-based solutions offers a significant market opportunity. Fortra can leverage its expertise in cloud technologies to expand its customer base and enhance its offerings. On a vertical level, sectors such as finance, healthcare, and manufacturing provide ample room for growth, as organizations increasingly prioritize cybersecurity and automation solutions to mitigate risks and improve efficiency. Moreover, Fortra can consider expanding into new regions to tap into emerging markets and broaden its footprint.

Fortra Risks and Challenges

Internally, maintaining a high level of product quality and user experience is crucial to sustaining customer satisfaction. Fortra should also be mindful of external risks, such as evolving cybersecurity threats and increased competition from alternative solutions Additionally, navigating go-to-market challenges, including effective sales and marketing strategies, is vital to staying ahead in a dynamic industry.

Fortra Ecosystem, Partners, Resellers and SI

Fortra actively engages in technology integrations and ecosystem partnerships to enhance its offerings. By collaborating with system integrators and value-added resellers, Fortra creates network effects and expands its reach. These partnerships allow the company to deliver comprehensive solutions that integrate seamlessly with customers' existing IT infrastructure. Furthermore, Fortra actively embraces emerging technologies, as evidenced by their use of cloud, IoT, AI, and ML in their product portfolio.

In February 2022, Fortra, the cybersecurity and automation software provider, launched its new worldwide channel program. The program focuses on recruitment, development, and enablement of partners in North America, APAC, EMEA, and Latin America."

Fortra Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: