We see Fortinet as a leader in security with solutions ranging from network security firewalls to security operations. Looking at the company’s market opportunities, we believe Fortinet will benefit significantly as secular headwinds in security and vendor consolidation increase its value proposition to its customers. In our view, the company’s established customer switching costs, supported by its increasingly strong network effect, will allow Fortinet to continually acquire and expand its customer base and has already enabled it to build a wide economic moat around its business.