The new offerings are designed to improve network connectivity, security, and application performance. The AP5020 is built for bandwidth-intensive applications and IoT devices, while the 4000 series switches are optimized for edge computing. Existing customers using on-premises management will be grandfathered in, but will need to transition to the cloud and subscription model to use and operate new switches. The company believes this approach will allow customers to explore AI capabilities and migrate to the cloud at their own pace.
Key takeaways:
- Extreme Networks has been transitioning its products to be cloud-first and has seen strong results, with a year-over-year subscription revenue growth of 41%.
- The company has introduced new cloud-managed offerings and is going all-in on subscriptions, with every new hardware appliance coming with a subscription license bundle.
- Extreme Networks has unveiled its new AP5020, a Wi-Fi 7 AP that is cloud-managed and leverages the company's AIOps capability with Copilot.
- The company has also announced a new 4000 series of cloud-managed switches, which are designed to reduce the time it takes to deploy and manage new switches.