Ubiquiti

Quartic.AI Appoints David Hsieh as New Chief Executive Officer

Retrieved on: 
Wednesday, May 11, 2022
Silicon, Automation, Cisco Webex, Creativity, Machine learning, Cisco Systems, Marketing, Data science, Lifesize, ROI, CEO, Technology, SAN, Growth, AI, Management, Medical device, Quartic, Ubiquiti, Sybase

SAN JOSE, Calif., May 11, 2022 /PRNewswire-PRWeb/ -- Quartic.ai, provider of an enterprise-scale AI platform that makes autonomous manufacturing a reality, announced it has named Silicon Valley veteran, David Hsieh, to the role of Chief Executive Officer. Prior to joining Quartic, Hsieh held senior executive positions at Cisco, Sybase, Webex, Ubiquiti, and Facetime Communications, and most recently served as CEO of Kaptivo (acquired by Lifesize in 2020). Hsieh is a passionate leader, motivator, and team-builder who blends strategy and creativity to reshape markets and build companies.

Key Points: 
  • SAN JOSE, Calif., May 11, 2022 /PRNewswire-PRWeb/ -- Quartic.ai , provider of an enterprise-scale AI platform that makes autonomous manufacturing a reality, announced it has named Silicon Valley veteran, David Hsieh, to the role of Chief Executive Officer.
  • Prior to joining Quartic, Hsieh held senior executive positions at Cisco, Sybase, Webex, Ubiquiti, and Facetime Communications, and most recently served as CEO of Kaptivo (acquired by Lifesize in 2020).
  • Hsieh is a passionate leader, motivator, and team-builder who blends strategy and creativity to reshape markets and build companies.
  • Hsieh believes that achieving the benefits of current usage of machine learning in manufacturing is too difficult, too slow, and too expensive.

Ubiquiti Inc. Reports Third Quarter Fiscal 2022 Financial Results

Retrieved on: 
Friday, May 6, 2022
Data Management, Security, Technology, Software, Networks, Internet, COVID-19, Forward-looking statement, Business, Information technology, GAAP, U.S. Securities and Exchange Commission, Company, Securities Exchange Act of 1934, Securities Act of 1933, Ubiquiti, COVID, Depreciation, IR, Internet access, SG, Annual report, SECURE Act of 2019, Environment, Investor relations, Government, Marketing, Income, Unifi, Army Network Enterprise Technology Command, U, SEC, Research, Transport, Service, Video game, Bank, Internet service provider

Revenues for the first nine months of fiscal 2022 were $1,248.5 million, representing a decrease of 12.1% compared to the first nine months of fiscal 2021.

Key Points: 
  • Revenues for the first nine months of fiscal 2022 were $1,248.5 million, representing a decrease of 12.1% compared to the first nine months of fiscal 2021.
  • During the third quarter fiscal 2022, gross profit was $116.0 million.
  • During the third quarter fiscal 2022, GAAP net income was $50.4 million and non-GAAP net income was $51.0 million.
  • Third quarter fiscal 2022 GAAP earnings per diluted share was $0.82 and non-GAAP earnings per diluted share was $0.83.

Wi-Fi 6 Market worth $26.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 12, 2022
Knowledge, NXP Semiconductors, Juniper Networks, Research, GDP, Efficiency, Component, Alcatel-Lucent, Marketing, AT&T, Wireless, Cambium Networks, Inflection point, WLAN, Huawei, Industry, Region, Member of the Scottish Parliament, Federated Wireless, NETGEAR, Investment, IEEE 802.11ax-2021, Growth, Intel, Hardware, Managed services, AT, Intelligence, MediaTek, Education, Extreme Networks, Adoption, GEM, Organization, Fortinet, Wi-Fi, Aruba Networks, SME, Services marketing, Ubiquiti, Qualcomm, E-commerce, Wireless LAN, Mobile phone, Solution, Broadcom Inc., Telstra

Providers of WiFi network infrastructures of enterprises by providing them different types of services through a subscriptionbased pricing model.

Key Points: 
  • Providers of WiFi network infrastructures of enterprises by providing them different types of services through a subscriptionbased pricing model.
  • This scenario sets the stage for new business models and increased WiFi 6 adoption.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

Wi-Fi 6 Market worth $26.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 12, 2022
Knowledge, NXP Semiconductors, Juniper Networks, Research, GDP, Efficiency, Component, Alcatel-Lucent, Marketing, AT&T, Wireless, Cambium Networks, Inflection point, WLAN, Huawei, Industry, Region, Member of the Scottish Parliament, Federated Wireless, NETGEAR, Investment, IEEE 802.11ax-2021, Growth, Intel, Hardware, Managed services, AT, Intelligence, MediaTek, Education, Extreme Networks, Adoption, GEM, Organization, Fortinet, Wi-Fi, Aruba Networks, SME, Services marketing, Ubiquiti, Qualcomm, E-commerce, Wireless LAN, Mobile phone, Solution, Broadcom Inc., Telstra

Providers of WiFi network infrastructures of enterprises by providing them different types of services through a subscriptionbased pricing model.

Key Points: 
  • Providers of WiFi network infrastructures of enterprises by providing them different types of services through a subscriptionbased pricing model.
  • This scenario sets the stage for new business models and increased WiFi 6 adoption.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

Worldwide Enterprise WLAN Market Shows Strong Growth in Q4 and the Full Year 2021, According to IDC

Retrieved on: 
Wednesday, March 9, 2022
Mobile, Wireless, Technology, Semiconductor, Security, Consulting, Telecommunications, Professional Services, Networks, Internet, Hardware, People, IEEE 802.11ac-2013, Industry, IDC, Twitter, Telecommunication, WLAN, Cisco Systems, Marketing, Research, International Data Group, Microsoft Excel, Republic, IDG, LinkedIn, Information technology, Blog, IEEE 802.11ax-2021, Asia-Pacific Telecommunity band plan in the 700 MHz band, Huawei, Growth, AP, Calendar, Ubiquiti, Dependant, Technology, COVID-19, Computer, Wi-Fi, Benchmarking, Organization, Goal, Mobile phone, Video game, IDC Trackers, IDC, IDC TRACKERS, IDC

Growth in the enterprise WLAN market continues to be driven by the latest Wi-Fi standard, known as Wi-Fi 6 or 802.11ax.

Key Points: 
  • Growth in the enterprise WLAN market continues to be driven by the latest Wi-Fi standard, known as Wi-Fi 6 or 802.11ax.
  • The enterprise WLAN market in the United States rose 15.4% in 4Q21 and increased 14.6% for the full year.
  • In the Middle East & Africa, the enterprise WLAN market rose 4.8% in the quarter and grew 6.6% for the full year.
  • The IDC Worldwide Quarterly WLAN Tracker provides total market size and vendor share data in an easy-to-use Excel pivot table format.

Ethernet Switch Market Reaches New All-Time High in 4Q'21, According to 650 Group

Retrieved on: 
Wednesday, March 2, 2022
Modularity, Research, Data-rate units, Juniper, Cisco Systems, Extreme Networks, Technology, Hyperscale computing, White box, Network switch, Aruba, Dell, Fortinet, Group, Y/Y, GLOBE, Huawei, Mobile phone, Tutoring, Network equipment, Kama Ruijie, Arista, Ubiquiti

The Quarterly Ethernet Switch report indicates that the top four campus switch vendors after Cisco in North America were HPE Aruba, Extreme Networks, Ubiquiti, and Juniper.

Key Points: 
  • The Quarterly Ethernet Switch report indicates that the top four campus switch vendors after Cisco in North America were HPE Aruba, Extreme Networks, Ubiquiti, and Juniper.
  • The Ethernet Switch Quarterly Report offers a market assessment of vendor performance and market share in the Ethernet Switch market.
  • For more information about the report, contact the sales department at 650 Group at +1 650 600 7104 or [email protected] or www.650group.com .
  • 650 Group is a leading Market Intelligence Research firm for communications, data center, and cloud markets.

Cloud-Managed Enterprise Wireless LAN Services Revenues Grew 37% Y/Y, According to 650 Group

Retrieved on: 
Wednesday, March 2, 2022
Cloud, Research, Juniper, DePuy, Extreme Networks, Juniper Networks, Radio, Technology, Social networking service, Aruba, Controller, Cloud management, Cisco Systems, Group, CommScope, Y/Y, Enterprise, Acceleration, GLOBE, Network equipment, WLAN, Ubiquiti

"Cloud-Managed WLAN Services are growing faster than hardware sales as a larger group of vendors embrace this exciting technology.

Key Points: 
  • "Cloud-Managed WLAN Services are growing faster than hardware sales as a larger group of vendors embrace this exciting technology.
  • 650 Groups quarterly Cloud-Managed Services publication shows that some leading vendors: Commscope, Extreme Networks, HPE Aruba, and Juniper Networks are growing more rapidly than the overall Cloud-Managed WLAN services market," said Chris DePuy, Founder and Technology Analyst at 650 Group.
  • The Enterprise Wireless LAN Quarterly Report offers a market assessment of vendor performance and market share, and forecasts.
  • The Cloud-Managed Network Services Report entails Cloud-Managed Services Cloud-Managed Network Products for Enterprise WLAN and Campus Ethernet Switching.

Wi-Fi as a Service Market worth $10.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 17, 2022
Knowledge, Adoption, GEM, Service provider, VPN, Solution, Small office/home office, Hardware, LAN, WLAN, Organization, Education, Internet service provider, Cambium Networks, Buckinghamshire, Services marketing, SOHO, User (computing), Research, Juniper Networks, Hewlett Packard Enterprise, Allied Telesis, Region, Alcatel-Lucent Enterprise, Teleco, Budget, Travel, Lan Na, Rogers Communications, SME, Small and medium-sized enterprises, Network monitoring, Milan, Tata Communications, Growth, Investment, IPass, Intelligence, E-commerce, Extreme Networks, Internet, Marketing, Telstra, Singtel, Ubiquiti, Service, Asia-Pacific, Wi-Fi, Vertical, ADTRAN, Viasat, Medium, Small, Satellite navigation

In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026.

Key Points: 
  • In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026.
  • In the Wi-Fi as a Service Market by Service, Managed Service segment is expected to hold the larger market size in 2026.
  • The growing demand for cloud-based managed services and increasing requirement for improved connectivity among enterprises is leading to the growth of the WaaS market globally.
  • Asia Pacific is expected to hold the largest market size in the global Wi-Fi as a Service Market during the forecast period.

Wi-Fi as a Service Market worth $10.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 17, 2022
Knowledge, Adoption, GEM, Service provider, VPN, Solution, Small office/home office, Hardware, LAN, WLAN, Organization, Education, Internet service provider, Cambium Networks, Buckinghamshire, Services marketing, SOHO, User (computing), Research, Juniper Networks, Hewlett Packard Enterprise, Allied Telesis, Region, Alcatel-Lucent Enterprise, Teleco, Budget, Travel, Lan Na, Rogers Communications, SME, Small and medium-sized enterprises, Network monitoring, Milan, Tata Communications, Growth, Investment, IPass, Intelligence, E-commerce, Extreme Networks, Internet, Marketing, Telstra, Singtel, Ubiquiti, Service, Asia-Pacific, Wi-Fi, Vertical, ADTRAN, Viasat, Medium, Small, Satellite navigation

In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026.

Key Points: 
  • In the Wi-Fi as a Service Market by Solutions, WLAN Controller segment is expected to hold the larger market size in 2026.
  • In the Wi-Fi as a Service Market by Service, Managed Service segment is expected to hold the larger market size in 2026.
  • The growing demand for cloud-based managed services and increasing requirement for improved connectivity among enterprises is leading to the growth of the WaaS market globally.
  • Asia Pacific is expected to hold the largest market size in the global Wi-Fi as a Service Market during the forecast period.

Ubiquiti Inc. Reports Second Quarter Fiscal 2022 Financial Results

Retrieved on: 
Friday, February 4, 2022
Software, Technology, Networks, Internet, Forward-looking statement, Government, Service, U.S. Securities and Exchange Commission, Unifi, SEC, Information technology, Ubiquiti, GAAP, Environment, Securities Act of 1933, Research, COVID-19, Transport, Investor relations, Annual report, U, IR, Company, Internet access, SG, SECURE Act of 2019, Securities Exchange Act of 1934, Army Network Enterprise Technology Command, Income, Video game, Bank, Internet service provider

During the second quarter fiscal 2022, gross profit was $174.7 million.

Key Points: 
  • During the second quarter fiscal 2022, gross profit was $174.7 million.
  • The Companys sales, general and administrative (SG&A) expenses for the second quarter fiscal 2022 were $16.4 million.
  • During the second quarter fiscal 2022, GAAP net income was $103.6 million and non-GAAP net income was $103.4 million.
  • Second quarter fiscal 2022 GAAP earnings per diluted share was $1.66 and non-GAAP earnings per diluted share was $1.66.