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Aerohive® Achieves Record Q1 Revenue in EMEA

17/04/2019 MILPITAS, Calif.- Aerohive Networks® (NYSE: HIVE), a pace-setter in cloud-managed networking, nowadays introduced it has completed report Q1 income throughout Europe, the Heart East, and Africa (EMEA). In 2019, Aerohive skilled the all-time Q1 income and taken on greater than 600 new shoppers throughout all EMEA spaces. Aerohive’s EMEA report income was once a mirrored image of greater call for for the corporate’s cloud-managed networking structure in keeping with Synthetic Intelligence (AI) and Gadget Finding out (ML), together with an greater call for for 802.11ax merchandise, and the adoption of its new Aerohive A3™ cloud-managed NAC safety resolution.

Actually, shoppers in central Europe who had prior to now resisted migrating to the Cloud, are actually embracing it, resulting in over 100 p.c year-over-year enlargement in our cloud trade in that area.

“Aerohive is 100 p.c dedicated to the channel and stays devoted to our companions’ luck,” mentioned David Flynn, president and leader govt officer, Aerohive Networks. “Our partner-centric answers, constructed on our steady innovation across the Cloud, AI, and ML ship the quickest trail to expanding margins and alternatives for brand spanking new products and services and reoccurring income – and our strategic EMEA companions proceed to turn out this quarter over quarter.”

“We center of attention on cloud-first answers that protected or allow the cloud, or are controlled or delivered by means of the cloud, therefore the identify of our corporate,” mentioned Greg Harris, co-founder and director, Cloud Distribution UK. “Our partnership with Aerohive has helped us and our companions develop abruptly and clear up issues for our shoppers that have been prior to now idea unsolvable.”

“Aerohive has benefited considerably within the Netherlands from a number of contemporary first-to-market inventions, rising their marketplace proportion to 10.2 p.c of the Wi-Fi put in base [SmartProfile, March 2019],” mentioned Berry van Waayenburg, normal supervisor, Netherlands, Unique Networks.

“Aerohive’s trade type considerably modified over the past six months, which enabled us at Futura 100 p.c greater enlargement in comparison to the similar length a 12 months in the past,” mentioned Ed de Wilde, managing director, Netherlands, Futura B.V.

“We’ve got been a long-term associate of Aerohive and feature observed an absolutely new Aerohive over the last six months, with an intense center of attention on cloud and a top charge of innovation in Synthetic Intelligence and Gadget Finding out,” mentioned Andreas Bechtold, director, Germany, Switzerland, and Austria markets, Infinigate.

About Aerohive Networks
Aerohive makes use of Cloud Control, Gadget Finding out, and Synthetic Intelligence to radically simplify and protected the Get admission to Community. Our Cloud-Controlled Wi-fi, Switching, Routing, and Safety applied sciences supply unrivalled flexibility in deployment, control, and licensing. Credited with pioneering Controller-less Wi-Fi and Cloud Control, Aerohive delivers steady innovation at Cloud-speed that continuously demanding situations the business norm, permitting shoppers to reconsider what’s conceivable. Our inventions and world cloud footprint radically simplify Get admission to Community operation for 30,000+ shoppers and 10+ million day by day customers. See how at www.aerohive.com/shoppers.

Aerohive was once based in 2006 and is headquartered in Milpitas, CA. For more info, please consult with www.aerohive.com, name us at 408-510-6100, practice us on Twitter @Aerohive, subscribe to our weblog, or grow to be a fan on our Fb web page.

Aerohive Networks
Talia Malik
Supervisor of Company Communications
Twitter: @Aerohive

Protected Harbor Observation
This press unlock accommodates forward-looking statements, together with statements referring to Aerohive trade alternatives within the EMEA area, new Aerohive product and repair choices and statements referring to their anticipated efficiency, marketplace receptiveness and aggressive benefit. Those forward-looking statements are in keeping with present expectancies and are topic to inherent uncertainties, dangers and adjustments in cases which might be tricky or unattainable to are expecting. The true results and effects would possibly vary materially from the ones pondered by means of those forward-looking statements because of those uncertainties, chance and adjustments in cases, together with, however no longer restricted to, dangers and uncertainties associated with: normal call for for wi-fi networking within the business verticals focused or call for for Aerohive merchandise specifically, unpredictable and converting marketplace stipulations, dangers related to the deployment, efficiency and adoption of latest services and products, dangers related to our enlargement, aggressive pressures from present and new corporations, technological exchange, product building delays, our incapacity to offer protection to Aerohive highbrow belongings or to are expecting or prohibit publicity to 3rd celebration claims with regards to its or Aerohive’s highbrow belongings, and normal marketplace, political, regulatory, financial and trade stipulations in america and the world over.

Further dangers and uncertainties that might have an effect on Aerohive’s monetary and running effects are integrated beneath the captions “Chance Components” and “Control’s Dialogue and Research of Monetary Situation and Result of Operations,” within the Corporate’s contemporary annual file on Shape 10-Okay and quarterly file on Shape 10-Q. Aerohive’s SEC filings are to be had at the Investor Family members phase of the Corporate’s web page at http://ir.aerohive.com and at the SEC’s web page at www.sec.gov. All forward-looking statements on this press unlock are in keeping with data to be had to the Corporate as of the date hereof, and Aerohive Networks disclaims any legal responsibility to replace the forward-looking statements supplied to replicate occasions that happen or cases that exist after the date on which they have been made, aside from as required by means of regulation.

“Aerohive,” “Aerohive Networks” and “HiveManager” are registered emblems and “Aerohive A3” is a hallmark of Aerohive Networks, Inc. All product and corporate names used herein are emblems or registered emblems in their respective homeowners. All rights reserved.


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