Aerohive® Recognized as the Second Largest Cloud-Managed Wireless LAN Vendor

MILPITAS, Calif.–(BUSINESS WIRE)–#AerohiveAerohive
Networks® (NYSE: HIVE)
, a leader in cloud-managed networking, today
announced it is named the second largest vendor in the Enterprise-class
Cloud-managed Wireless LAN (WLAN) market in the “Cloud Managed Wireless
LAN Services White Paper” published by the 650
Group
, an independent market research firm focused on researching
data center, communications, and information technology markets. As one
of the pioneers of Cloud-managed WLAN, Aerohive continues to drive Enterprise
Networking innovation
at cloud-speed with several recent industry
firsts, including first family of Wi-Fi 6 access points, first pluggable
access point, and first with ISO27001 certification.

“Many other vendors have offered Cloud-managed WLAN but have not
displaced the two early players (Aerohive and Cisco-Meraki),” said Chris
DePuy, technology analyst, 650 Group. “We expect that Cloud-managed WLAN
services market growth will continue to exceed that of the rest of the
Enterprise-class WLAN market as more companies will adopt its use. There
are many reasons why more organizations will transition to Cloud-managed
services, including the fact that its use is broadening past the WLAN
infrastructure towards campus Ethernet switches, routers, firewalls, and
SD-WAN.”

There are many advantages to using Aerohive’s Cloud-managed WLAN
services and over time, small to large enterprises will take complete
advantage of these services to further simplify their business models
and gain operational efficiencies that come from Artificial Intelligence
(AI) and Machine Learning (ML). Retail, finance, and healthcare are
great examples of verticals that are quickly adopting Cloud-managed WLAN
services, and with time, we expect many, if not all verticals will adopt
Cloud-managed widely.

Artificial Intelligence and Machine Learning capabilities are being
brought to the enterprise network at a rapid rate, and many such
capabilities are being managed, deployed, and powered by the cloud.
Cloud-managed WLAN services are among the first such services to take
advantage of AI and ML. Today, AI and ML are being used to help deploy,
manage, secure, and troubleshoot networks and client devices, which is
becoming more critical as IoT devices are becoming a growing portion of
connected devices.

“Aerohive pioneered Cloud network management, specifically designing the
Enterprise-class HiveManager network management architecture for the
Cloud,” said David Flynn, chief executive officer, Aerohive Networks.
“Our industry-leading 3rd generation Cloud platform
drastically reduces operational complexity and cost for our customers
and partners. It’s great to be recognized as one of the two leading
vendors in the Cloud-Managed WLAN market for our innovative and
intelligent network management system.”

Download 650 Group’s Cloud-Managed Services Whitepaper here.

Visit https://www.aerohive.com/products/unified-management/
to learn more about how to simplify your network with Aerohive’s unified
cloud management.

About Aerohive Networks

Aerohive uses Cloud Management, Machine Learning, and Artificial
Intelligence to radically simplify and secure the Access Network. Our
Cloud-Managed Wireless, Switching, Routing, and Security technologies
provide unrivalled flexibility in deployment, management, and licensing.
Credited with pioneering Controller-less Wi-Fi and Cloud Management,
Aerohive delivers continuous innovation at Cloud-speed that constantly
challenges the industry norm, allowing customers to rethink what’s
possible. Our innovations and global cloud footprint radically simplify
Access Network operation for 30,000+ customers and 10+ million daily
users. See how at www.aerohive.com/customers.

Aerohive was founded in 2006 and is headquartered in Milpitas, CA. For
more information, please visit www.aerohive.com,
call us at 408-510-6100, follow us on Twitter @Aerohive,
subscribe to our blog,
or become a fan on our Facebook
page
.

Safe Harbor Statement

This press release contains forward-looking statements, including
statements regarding Aerohive product and service offerings and
statements regarding their expected performance, market receptiveness
and competitive advantage. These forward-looking statements are based on
current expectations and are subject to inherent uncertainties, risks
and changes in circumstances that are difficult or impossible to
predict. The actual outcomes and results may differ materially from
those contemplated by these forward-looking statements as a result of
these uncertainties, risk and changes in circumstances, including, but
not limited to, risks and uncertainties related to: general demand for
wireless networking in the industry verticals targeted or demand for
Aerohive products in particular, unpredictable and changing market
conditions, risks associated with the deployment, performance and
adoption of new products and services, risks associated with our growth,
competitive pressures from existing and new companies, technological
change, product development delays, our inability to protect Aerohive
intellectual property or to predict or limit exposure to third party
claims relating to its or Aerohive’s intellectual property, and general
market, political, regulatory, economic and business conditions in the
United States and internationally.

Additional risks and uncertainties that could affect Aerohive’s
financial and operating results are included under the captions “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations,” in the Company’s recent annual
report on Form 10-K and quarterly report on Form 10-Q. Aerohive’s SEC
filings are available on the Investor Relations section of the Company’s
website at http://ir.aerohive.com
and on the SEC’s website at www.sec.gov.
All forward-looking statements in this press release are based on
information available to the Company as of the date hereof, and Aerohive
Networks disclaims any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances that
exist after the date on which they were made, except as required by law.

“Aerohive” and “Aerohive Networks” are registered trademarks of Aerohive
Networks, Inc. All product and company names used herein are trademarks
or registered trademarks of their respective owners. All rights reserved.

Contacts

Aerohive Networks
Talia Malik
Manager of Corporate
Communications
408.605.2019
[email protected]
Twitter:
@Aerohive

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