17/04/2019 MILPITAS, Calif.- Aerohive Networks® (NYSE: HIVE), a pacesetter in cloud-managed networking, right this moment introduced it has achieved report Q1 income throughout Europe, the Center East, and Africa (EMEA). In 2019, Aerohive skilled the all-time Q1 income and introduced on greater than 600 new clients throughout all EMEA areas. Aerohive’s EMEA report income was a mirrored image of elevated demand for the corporate’s cloud-managed networking structure based mostly on Synthetic Intelligence (AI) and Machine Studying (ML), together with an elevated demand for 802.11ax merchandise, and the adoption of its new Aerohive A3™ cloud-managed NAC safety answer.In truth, clients in central Europe who had beforehand resisted migrating to the Cloud, at the moment are embracing it, resulting in over 100 % year-over-year progress in our cloud enterprise in that area.“Aerohive is 100 % dedicated to the channel and stays devoted to our companions’ success,” mentioned David Flynn, president and chief government officer, Aerohive Networks. “Our partner-centric options, constructed on our steady innovation across the Cloud, AI, and ML ship the quickest path to growing margins and alternatives for brand spanking new companies and reoccurring income – and our strategic EMEA companions proceed to show this quarter over quarter.”“We concentrate on cloud-first options that safe or allow the cloud, or are managed or delivered by the cloud, therefore the identify of our firm,” mentioned Greg Harris, co-founder and director, Cloud Distribution UK. “Our partnership with Aerohive has helped us and our companions develop quickly and remedy issues for our clients that have been beforehand thought unsolvable.”“Aerohive has benefited considerably within the Netherlands from a number of latest first-to-market improvements, rising their market share to 10.2 % of the Wi-Fi put in base [SmartProfile, March 2019],” mentioned Berry van Waayenburg, basic supervisor, Netherlands, Unique Networks.“Aerohive’s enterprise mannequin considerably modified during the last six months, which enabled us at Futura 100 % elevated progress in comparison with the identical interval a yr in the past,” mentioned Ed de Wilde, managing director, Netherlands, Futura B.V.“Now we have been a long-term accomplice of Aerohive and have seen a totally new Aerohive over the previous six months, with an intense concentrate on cloud and a excessive price of innovation in Synthetic Intelligence and Machine Studying,” mentioned Andreas Bechtold, director, Germany, Switzerland, and Austria markets, Infinigate.About Aerohive NetworksAerohive makes use of Cloud Administration, Machine Studying, and Synthetic Intelligence to radically simplify and safe the Entry Community. Our Cloud-Managed Wi-fi, Switching, Routing, and Safety applied sciences present unrivalled flexibility in deployment, administration, and licensing. Credited with pioneering Controller-less Wi-Fi and Cloud Administration, Aerohive delivers steady innovation at Cloud-speed that consistently challenges the trade norm, permitting clients to rethink what’s potential. Our improvements and world cloud footprint radically simplify Entry Community operation for 30,000+ clients and 10+ million every day customers. See how at www.aerohive.com/clients.Aerohive was based in 2006 and is headquartered in Milpitas, CA. For extra info, please go to www.aerohive.com, name us at 408-510-6100, observe us on Twitter @Aerohive, subscribe to our weblog, or grow to be a fan on our Fb web page.PRESS CONTACTSAerohive Networks Talia MalikManager of Company Communications [email protected] Twitter: @AerohiveSafe Harbor StatementThis press launch incorporates forward-looking statements, together with statements relating to Aerohive enterprise alternatives within the EMEA area, new Aerohive product and repair choices and statements relating to their anticipated efficiency, market receptiveness and aggressive benefit. These forward-looking statements are based mostly on present expectations and are topic to inherent uncertainties, dangers and adjustments in circumstances which are troublesome or not possible to foretell. The precise outcomes and outcomes could differ materially from these contemplated by these forward-looking statements because of these uncertainties, threat and adjustments in circumstances, together with, however not restricted to, dangers and uncertainties associated to: basic demand for wi-fi networking within the trade verticals focused or demand for Aerohive merchandise specifically, unpredictable and altering market circumstances, dangers related to the deployment, efficiency and adoption of recent services and products, dangers related to our progress, aggressive pressures from present and new firms, technological change, product improvement delays, our incapacity to guard Aerohive mental property or to foretell or restrict publicity to 3rd get together claims regarding its or Aerohive’s mental property, and basic market, political, regulatory, financial and enterprise circumstances in america and internationally.Further dangers and uncertainties that would have an effect on Aerohive’s monetary and working outcomes are included below the captions “Threat Elements” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations,” within the Firm’s latest annual report on Kind 10-Ok and quarterly report on Kind 10-Q. Aerohive’s SEC filings can be found on the Investor Relations part of the Firm’s web site at http://ir.aerohive.com and on the SEC’s web site at www.sec.gov. All forward-looking statements on this press launch are based mostly on info out there to the Firm as of the date hereof, and Aerohive Networks disclaims any obligation to replace the forward-looking statements offered to replicate occasions that happen or circumstances that exist after the date on which they have been made, besides as required by legislation.“Aerohive,” “Aerohive Networks” and “HiveManager” are registered logos and “Aerohive A3” is a trademark of Aerohive Networks, Inc. All product and firm names used herein are logos or registered logos of their respective homeowners. All rights reserved.
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