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4-Traders Homepage  >  Equities  >  Nasdaq  >  Brocade Communications Systems, Inc.    BRCD

Delayed Quote. Delayed  - 07/26 10:00:00 pm
9.31 USD   +1.75%
07/26 BROCADE COMMUNI : Ruckus Wireless Simplifies Wireless Networking wit..
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Brocade Communications Systems : Ruckus Wireless Simplifies Wireless Networking with Cloud Wi-Fi

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07/26/2016 | 02:02pm CEST

SUNNYVALE, Calif., July 26, 2016 /PRNewswire/ -- Ruckus Wireless, Inc., now part of Brocade (NASDAQ: BRCD), today announced the general availability of Ruckus Cloud Wi-Fi, a wireless local area network (WLAN) management-as-a-service offer powered by the new Ruckus public cloud platform. Ruckus Cloud Wi-Fi enables distributed organizations with limited IT resources to set up, monitor and manage a high-performance multi-site WLAN of any size. Featuring an intuitive, intent-driven user interface for managing some of the industry's highest performing access points (APs), network managers benefit from cloud simplicity without having to compromise on Wi-Fi performance.

https://photos.prnewswire.com/prnvar/20121120/MM17393LOGO

"Customers shouldn't have to sacrifice end user experience in order to reap the benefits of the cloud," said Dan Rabinovitsj, chief operating officer, Ruckus Wireless Business Unit, Brocade. "They also shouldn't have to be locked into a single architecture--if they need to change, their APs should change with them. With Ruckus Cloud Wi-Fi, customers don't need to make these tradeoffs anymore. Using the Ruckus Cloud platform, we will continue to introduce compelling as-a-service offers that can include cloud-managed switching and cloud-managed in-building LTE service based on OpenG(TM) technology. Customers could have access to all of these services through the same intuitive interface."

With the introduction of Cloud Wi-Fi, Ruckus Wireless now offers the industry's broadest range of deployment options--public cloud, data center or private cloud, hardware or virtual appliance, and controller-less--making it a leader in WLAN architectural flexibility. Ruckus partners will benefit by participating in the fast-growing, cloud-managed WLAN market while simultaneously addressing a broader set of deployment requirements. In the future, the company plans to introduce Ruckus Cloud support for in-building LTE service and Brocade(®) ICX(®) switches, delivering an integrated platform simplifying the configuration, monitoring and troubleshooting of both wired and wireless networks.

"The WLAN market experienced substantial growth in the first quarter of 2016, a trend that we expect to continue, in part due to increased demand for the well-established benefits of cloud-managed WLAN services," said Nolan Greene, senior research analyst, network infrastructure at IDC. "Ruckus Cloud Wi-Fi offers a simple-to-deploy, less time-intensive alternative to on-premises controller architectures and will enable even the most IT-constrained organizations to easily manage dozens or even hundreds of sites."

Key Cloud Wi-Fi features and benefits include:

    --  Best-in-class Wi-Fi performance: Cloud Wi-Fi customers use the same
        industry-leading APs that consistently outperform competing products in
        third-party testing. With the ability to excel in challenging user
        density, interference and physical environments, customers can use fewer
        APs than competing vendors would require. Alternatively, customers can
        use the same number of APs to build a network that easily accommodates
        the growing requirements for years to come.
    --  Intent-driven user interface (UI): The Cloud Wi-Fi UI is designed to
        display only the data the user needs to accomplish a task and the system
        automates tasks whenever possible. This intuitive approach enables IT to
        spend less time managing and status-checking the WLAN without the need
        for technical training or certifications.
    --  An intuitive, full-featured mobile app: The Cloud Wi-Fi mobile app
        allows IT managers to carry the network with them wherever they are, get
        notified whenever the network needs attention and make instant changes
        right from their pocket.
    --  Cloud-scale: The cloud-scale nature of the Ruckus Cloud platform allows
        Cloud Wi-Fi customers to add APs and sites at will, with no more effort
        required to add the thousandth AP or the hundredth site than the first
        of either. Such scaling comes with no increase in management complexity
        and a single user interface provides visibility to the entire network,
        no matter how large or distributed it may be.
    --  Analytics and reporting: The big data warehouse within the Ruckus Cloud
        infrastructure allows for highly granular reporting of up to six months
        of KPIs, ranging from low-level per-radio airtime utilization to layer-7
        application visibility.
    --  AP investment protection: APs used in a Cloud Wi-Fi deployment can be
        reused in any of Ruckus' other deployment options, should circumstances
        demand.

A number of Ruckus customers have implemented Ruckus Cloud Wi-Fi prior to the market introduction, and the results have been positive. "We have approximately 4,500 students within our seven schools across the district, and having Ruckus Cloud Wi-Fi is important for a couple of reasons," said Aaron Souza, director of information technology, Minooka School District. "We have a fairly tight budget when it comes to personnel, so being able to manage our Wi-Fi from an off-site location is a huge benefit to us. Not only that, but Cloud Wi-Fi's simple deployment and ease of use saves us time so that we can instead focus on important issues such as providing systems and applications our students need for learning."

"We've been able to use Ruckus Cloud Wi-Fi with the added assurance that the APs can be managed by any of the Ruckus management architectures," said Curtis McKay, network administrator, Belleville School District. "As a result, it's been extremely helpful in managing the amount of devices both students and staff bring into our schools on a daily basis, without affecting performance or connectivity."

Ruckus Cloud Wi-Fi is available through Ruckus' global distribution network. Visit the Ruckus website to learn more.

Follow Ruckus Wireless on LinkedIn and Twitter for all the latest on #SimplyBetterWireless.

ABOUT RUCKUS WIRELESS
Ruckus Wireless, now part of Brocade, delivers simply better wireless for approximately 70,000 enterprise, service provider, government, and small business customers worldwide. The company is focused on technology innovation, partner ecosystems and customer service--yielding the best possible wireless experience for the most challenging indoor and outdoor environments. Its Smart Wi-Fi platform delivers scalable, high-performance Wi-Fi with simplified control and management for on-premise and cloud-based Wi-Fi deployments, along with new services for secure on-boarding, policy management, location services, and analytics that enable new business opportunities.

ABOUT BROCADE
Brocade (NASDAQ: BRCD) networking solutions help the world's leading organizations turn their networks into platforms for business innovation. With solutions spanning public and private data centers to the network edge, Brocade is leading the industry in its transition to the New IP network infrastructures required for today's era of digital business.

Ruckus, Ruckus Wireless and OpenG are trademarks of Ruckus Wireless, Inc. in the United States and other countries. Other brands, products, or service names mentioned may be trademarks of others.

© 2016 Brocade Communications Systems, Inc. All Rights Reserved.

Brocade, Brocade Assurance, the B-wing symbol, ClearLink, DCX, Fabric OS, HyperEdge, ICX, MLX, MyBrocade, OpenScript, VCS, VDX, Vplane, and Vyatta are registered trademarks, and Fabric Vision is a trademark of Brocade Communications Systems, Inc., in the United States and/or in other countries.

Ruckus, Ruckus Wireless and OpenG are trademarks of Ruckus Wireless, Inc. in the United States and/or in other countries. Other brands, products, or service names mentioned may be trademarks of others.

Media & Analyst Relations
Laurie Falconer
laurie.falconer@ruckuswireless.com
408-636-1223

Tracey Workman
ruckuswireless@inkhouse.com
781-366-1789

Investor Relations
Kim Watkins, CFA
kim.watkins@ruckuswireless.com
408-469-4659

Logo - http://photos.prnewswire.com/prnh/20121120/MM17393LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ruckus-wireless-simplifies-wireless-networking-with-cloud-wi-fi-300303573.html

SOURCE Ruckus Wireless, Inc.

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Financials ($)
Sales 2016 2 314 M
EBIT 2016 508 M
Net income 2016 262 M
Debt 2016 36,6 M
Yield 2016 1,84%
P/E ratio 2016 15,74
P/E ratio 2017 13,48
EV / Sales 2016 1,60x
EV / Sales 2017 1,34x
Capitalization 3 655 M
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Brocade Communications Sys Technical Analysis Chart | BRCD | US1116213067 | 4-Traders
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Mean consensus HOLD
Number of Analysts 21
Average target price 9,10 $
Spread / Average Target -0,55%
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NameTitle
Lloyd A. Carney Chief Executive Officer & Director
Dave L. House Chairman
Gale E. England Chief Operating Officer & Senior VP-Operations
Daniel W. Fairfax Chief Financial Officer & Senior Vice President
Ken K. Cheng CTO, SVP-Corporate Development & Emerging Business
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