TOP FORTANIX COMPETITORS & ALTERNATIVES 2023

Fortanix
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When you’re thinking about how to keep your data safe and secure, it’s a good idea to look at what Fortanix has to offer, as well as its main competitors. By exploring the best alternatives to Fortanix, you can find cybersecurity solutions that match your needs. This article is meant to help you make smart choices by giving you more information about other cybersecurity options besides Fortanix, ensuring your data stays protected.

Fortanix 

Fortanix is a cybersecurity firm that specializes in data security and privacy solutions for businesses of all sizes. Their platform is designed to protect sensitive data by utilizing powerful encryption and key management approaches. Fortanix offers data security even in cloud environments by employing hardware-based protection. Their products also provide compliance and regulatory support, assisting enterprises in effectively meeting data protection standards. Overall, Fortanix plays an important role in improving business data security, privacy, and compliance.

Fortanix Competitors 

Here are the competitors for Fortanix:

  • Vulnerability: Vulnerability assessment tools, such as Qualys and Tenable, compete with Fortanix by identifying weaknesses and vulnerabilities in a network or system. These tools help organizations proactively address potential security risks by identifying and prioritizing vulnerabilities for remediation.
  • BitDefender: Bitdefender is a cybersecurity company known for its antivirus and endpoint security solutions. It competes with Fortanix by offering protection against malware, ransomware, and other threats that can compromise the security of data and systems.
  • AppTrana: AppTrana is a web application security solution that competes with Fortanix in the application security space. It offers features like web application firewalls (WAFs) and DDoS protection to safeguard web applications and data from online threats.
  • McAfee: McAfee is a well-known cybersecurity company offering a wide range of solutions, including antivirus, endpoint security, and data protection. It competes with Fortanix by providing comprehensive security solutions for businesses and individuals.
  • Avast: Avast is another cybersecurity company known for its antivirus and security software. It competes with Fortanix by offering protection against malware, phishing, and other online threats, helping users secure their digital devices and data.

Each of these competitors addresses different aspects of cybersecurity, such as vulnerability assessment, endpoint security, application security, and antivirus protection. Fortanix, on the other hand, specializes in data security and encryption solutions. It also provides businesses with robust tools to protect their sensitive data and digital assets. The choice of cybersecurity solutions often depends on an organization’s specific needs and the areas where they require the most robust protection.

What Is Fortanix Used For? 

Fortanix assumes a pivotal role in the realm of contemporary cybersecurity by offering advanced solutions for data security and encryption. The primary goal of this system is to ensure the protection of sensitive information, software applications, and digital assets within business organizations. This includes the safeguarding of sensitive information, such as confidential data, financial records, personal records, and intellectual property, from potential cyber assaults and unauthorized access.

Primarily, Fortanix is employed for data protection. It utilizes sophisticated encryption techniques to ensure information security and integrity. In the event of a security breach, the pilfered data is transformed into an unintelligible form. Consequently, this renders it inconsequential to unauthorized individuals. Moreover, the maintenance of data privacy and compliance holds significant importance, especially in industries such as healthcare, finance, and government. These sectors implement strict regulations and protocols. Additionally, Fortanix offers comprehensive assistance for ensuring security in multi-cloud and hybrid-cloud environments. This allows organizations to maintain authoritative control over their data and applications, even when operating across diverse cloud ecosystems. In summary, Fortanix enables organizations to achieve a heightened level of data security and compliance. This empowers them to confidently embrace digital transformation while effectively addressing cybersecurity concerns.

What Is the Revenue of Fortanix? 

The annual revenue of Fortanix is $14.4 million. Following a comprehensive investigation and analysis, Zip Pia’s data science team discovered the following critical financial metrics concerning Fortanix:

  • In 2022, Fortanix’s top revenue was $14.4 million.
  • Fortanix employs 102 people and has a revenue-per-employee ratio of $141,176.

How Many Employees Does Fortanix Have? 

Fortanix is a company that employs a total of 231 individuals, out of which 22 are designated as sales representatives responsible for meeting sales targets.

Who Is the CEO of Fortanix? 

Ambuj Kumar serves as the co-founder and Chief Executive Officer (CEO) of Fortanix, Inc., a prominent enterprise specializing in runtime encryption. The primary objective of Fortanix is to address the challenges associated with cloud security and privacy. The company’s security technologies are integrated into a substantial number of devices annually.

Is Fortanix a SAAS Company? 

Fortanix functions as a Software as a Service (SAAS) enterprise, providing state-of-the-art cybersecurity solutions to global enterprises. Fortanix provides a variety of security services, including data encryption and secure key management, through its cloud-based platform. These services enable enterprises to effectively protect their sensitive information. Additionally, Fortanix employs a software-as-a-service (SAAS) approach that guarantees smooth scalability and accessibility. This enables clients to effectively respond to changing security risks and compliance demands with minimal effort. In the current era of digitalization, Fortanix serves as a prominent illustration of the significant role that software-as-a-service (SAAS) enterprises play in enabling organizations to enhance their cybersecurity measures and safeguard their important data resources.

Fortanix effectively utilizes the Software as a Service (SAAS) method to harness the benefits of cloud computing, thereby providing a security solution that is both cost-efficient and adaptable Customers derive advantages from the streamlined implementation and upkeep processes, while Fortanix takes responsibility for consistent upgrades and improvements, ensuring resilience and safeguarding against evolving vulnerabilities In an era characterized by growing dependence on digital technologies, Fortanix’s Software as a Service (SAAS) model exemplifies the essential qualities of adaptability and scalability that enterprises require to effectively navigate the continuously shifting cybersecurity landscape. Consequently, Fortanix emerged as a significant participant in the sector.

Who is the Marketing Director of Fortanix?

Shashi Kiran serves as the Chief Marketing Officer at Fortanix and is a member of the Forbes Communications Council.  The marketing director assumes the primary responsibility of supervising the organization’s marketing strategy, campaigns, and activities. Effective marketing initiatives are crucial in establishing the brand’s image, attracting target customers, and driving corporate success.

What is Fortanix Data Security Manager?

Fortanix Data Security Manager (DSM) is a comprehensive data protection solution designed to safeguard sensitive information in modern IT environments. DSM offers a robust and versatile platform that allows organizations to manage their data across hybrid and multi-cloud environments securely. With the rising complexity of data security challenges, DSM serves as a crucial tool to help enterprises maintain control over their data assets. DSM leverages advanced encryption and tokenization techniques to protect data at rest, in transit, and during processing.

Firstly, it enables organizations to establish secure enclaves, known as “Runtime Encryption,” where sensitive applications and data can operate securely. Additionally, it shields them from external threats and internal vulnerabilities. Furthermore, DSM provides centralized key management and access controls. This ensures that only authorized personnel can access and manage critical encryption keys, further enhancing data security. Moreover, with its ability to seamlessly integrate with various cloud providers and on-premises infrastructure, Fortanix DSM empowers organizations. This enables them to meet stringent compliance requirements and maintain data privacy in an increasingly digital and interconnected world.

Is Fortanix a good company?

Fortanix has garnered a positive reputation within the cybersecurity industry. Moreover, its offerings have received recognition for their innovation and effectiveness. The company has demonstrated its commitment to addressing the evolving challenges of data security. Furthermore, this is a critical concern for businesses in today’s digital landscape. Fortanix’s focus on data protection through advanced encryption and secure key management solutions aligns with the growing need for robust security measures. Therefore, it makes it a valuable partner for organizations seeking to fortify their defenses.

Additionally, Fortanix’s ability to adapt to changing security threats and compliance requirements showcases its resilience and dedication to staying at the forefront of cybersecurity. Furthermore, client testimonials and case studies highlight the company’s success in providing practical solutions that enhance data security. As a result, it gives it a favorable track record in the eyes of many businesses. While individual experiences may vary, Fortanix’s commitment to innovation and security positions it as a promising choice for organizations looking to safeguard their sensitive information effectively.

FAQs

What exactly is the Fortanix Data Security Manager?

Fortanix Data Security Manager SaaS (DSM SaaS) is a Data Security as a Service solution that provides secure key management and cryptography services such as cloud key management, secret management, and tokenization to protect sensitive data in public, private, hybrid, or multi-cloud environments.

What exactly is KMS in security?

AWS Key Management Service (KMS) provides centralized management of the cryptographic keys required to protect your data. The service integrates with other AWS services to make it easier to encrypt data stored in these services and restrict access to the keys used to decrypt it.

Is Fortanix a reputable company?

Fortanix received an overall rating of 4.2, with company culture receiving a rating of 4.3.

References

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