Company delivers 40% record 2017 growth amid strong Wi-Fi industry growth, expands into a full-suite product provider already serving 30% of the Fortune 500, and wins Frost & Sullivan's Customer Value Leadership Award
RESTON, Va., Feb. 1, 2018 /CNW/ -- Ekahau, the global leader in enterprise wireless network design and planning, announced it achieved its fourth consecutive year of double-digit sales growth in 2017. Over 40% YoY profitable growth across all regions globally was driven in part by the successful product launch and market demand for Ekahau Sidekick™. It is the first of its kind wearable Wi-Fi diagnostics and measurement hardware device. Additionally, significant gains in channel partner recruitment attributed to last year's success.
The growth also includes a 25% increase in YoY new customer acquisitions with 30% of Fortune 500 companies now using Ekahau. More than 30 of those companies became customers in 2017. To match the strong market demand for its solutions Ekahau has added strategic leadership team members with extensive Wi-Fi industry expertise to help successfully execute on its global growth strategy.
"The global Wi-Fi market is expected to hit $33.6 billion by 2020. Wi-Fi complexity is growing exponentially as enterprises add smartphones, tablets, mobile apps, and now Industrial Internet of Things (IoT) connected devices. This is driving strong demand for Ekahau's products worldwide," said Ekahau CEO, Mika Hakala. "Ekahau has been and continues to be the product and innovation leader in the space, with the best customer reviews and feedback, and with more and more of the world's largest corporations purchasing Ekahau solutions. The year of 2018 will see us extend our lead by rolling out new products that we believe will transform how enterprise Wi-Fi is designed".
Ekahau's 2017 success includes the following highlights:
Launch of Ekahau Sidekick™ - Ekahau Sidekick™ is a comprehensive wireless design device that allows for faster measurement of wireless networks and provides best-in-class Wi-Fi spectrum analysis. It makes measuring high quality Wi-Fi networks faster, more precise, and easier. "The market's response to Ekahau Sidekick™ has been amazing. Based on the feedback we have received it will become a staple in the Wi-Fi toolkit of all wireless professionals," said Hakala.
Release of Ekahau Site Survey & 3D Planner 9.0 - The software for Wi-Fi network capacity and coverage planning, introduced the all-new high-capacity planner that accounts for areas with higher and lower density of Wi-Fi client devices. Based on user requirements, the tool automatically creates high-capacity Wi-Fi network designs, including access point placement, channel optimization and disabling of unnecessary 2.4GHz radios. Ekahau Site Survey & Planner now also runs on macOS to support the increasing number of Mac users.
Global Channel Growth - Ekahau also expanded its global market footprint by signing strategic distributor and reseller partners across all regions. New partners include Ingram Micro, Infinigate, Dicker Data, DistriWAN, and Carahsoft Technology. As part of these agreements, partners will market, sell, and support Ekahau's full product portfolio.
Strategic New Hires– With a focus on sustaining growth into 2018, Ekahau increased its global employee base by 45% by hiring Wi-Fi and cloud industry veterans in Product, Technical Sales Engineering, Training & Development, Marketing and Channel Sales.
Major IT Industry Award - Ekahau was recognized last year for delivering industry-best solutions for deploying and maintaining Wi-Fi networks having received Frost & Sullivan's 2017 Customer Value Leadership award.
Ekahau is the global leader in solutions for enterprise wireless network design and troubleshooting. More than 15,000 customers, including 30% of Fortune 500 companies, run their networks with Ekahau's Wi-Fi planning and measurement solutions. Our software and hardware solutions design and manage superior wireless networks by minimizing network deployment time and ensuring sufficient wireless coverage across all industries, project sizes, building infrastructures and levels of complexity. We are recognized for delivering the easiest-to-use, most reliable solutions for Wi-Fi planning, site surveys, troubleshooting and optimization. Whether a corporate office, hotel, hospital or university – if the Wi-Fi works well, it has likely been built using Ekahau's Wi-Fi Design solutions.
Ekahau is headquartered in Reston, Virginia and has much of its R&D and product related functions in Helsinki, Finland.