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An octet is really just a fancy name for a "byte". So if you multiply this number by 8 you get bits -- that solves part of your question.
The other trick is that you need to convert the point-in-time octets measurement to a rate with units of octets/sec (and eventually bps). In LogicMonitor you can do so by using the "counter" or "derive" datapoint type. See https://www.logicmonitor.com/support/datasources/creating-managing-datasources/normal-datapoints/ for details, but the short version is that these two datapoint types subtract the current value from the previous value and then divide by the configured polling interval to give you a measurement in units/sec.
Then to do the multiplication above, you can use a Complex Datapoint to translate bytes/sec (octets/sec) to bps https://www.logicmonitor.com/support/datasources/creating-managing-datasources/complex-datapoints/. LogicMonitor graphs can auto-scale for you, so we'll handle the Kbps / Mbps / Gbps conversion for you as needed.
For Fortinet gear, you might also have a look at our "Fortinet Fortigate Interfaces" LogicModule -- it does all this for you (and more).
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