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Will ERIC's Breakthrough in Mobile Connectivity Propel Stock Growth?
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Ericsson (ERIC - Free Report) announced that it achieved a milestone in mobile connectivity that would lay the groundwork for developing 5G advanced technologies in collaboration with Telstra. In this venture, Telstra, a leading mobile network provider in Australia, deployed the RAN Processor 6672, which is part of ERIC’s fourth generation of RAN (Radio Access Network) purpose-built platform, within its Centralised RAN configuration. The solution, validated by Telstra, demonstrated three times the capacity compared with previous generations.
The breakthrough is vital as it will not only improve the current service but also prepare the network for future innovations such as 5G Advanced, 6G and other associated technologies. ERIC’s RAN processors can support up to 20 times more pre-integrated AI models with superior inference capacity. The support for AI/ML capabilities and advanced automation delivers a more flexible and responsive network that offers an improved experience to end users.
The test and validation conducted by Telstra show that the new RAN processor offers up to 60 percent lower energy consumption compared with legacy distributed RAN deployments. It efficiently manages critical digital signal processing tasks of the RAN, including modulation, demodulation, encoding, decoding and scheduling of LTE and NR traffic. The innovative RAN architecture eliminates single points of failure and ensures efficient scaling of compute resources to match the future demand.
Backed by these enhancements, ERIC’s new RAN processor facilitates impressive data speed with greater consistency and reliability. These features will strengthen the network infrastructure needed to support advanced applications across industries.
Will This Collaboration Boost ERIC’s Share Performance?
Ericsson’s recent venture with Telstra has set a new benchmark for speed, reliability and efficiency in mobile data and connectivity. It is putting a strong emphasis on developing leading-edge AI integrated connectivity solutions that not only enhance current services but also facilitate the development of future networks. This bodes well for long-term growth.
ERIC Stock’s Price Performance
Shares of Ericsson have gained 44.9% over the past year compared with the industry’s 42.1% growth.
Image Source: Zacks Investment Research
Zacks Rank & Key Picks
Ericsson currently carries a Zacks Rank #3 (Hold).
In the last reported quarter, it delivered an earnings surprise of 8.25%. It is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Ubiquiti Inc. (UI - Free Report) currently carries a Zacks Rank #2 (Buy). The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) has a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.
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Will ERIC's Breakthrough in Mobile Connectivity Propel Stock Growth?
Ericsson (ERIC - Free Report) announced that it achieved a milestone in mobile connectivity that would lay the groundwork for developing 5G advanced technologies in collaboration with Telstra. In this venture, Telstra, a leading mobile network provider in Australia, deployed the RAN Processor 6672, which is part of ERIC’s fourth generation of RAN (Radio Access Network) purpose-built platform, within its Centralised RAN configuration. The solution, validated by Telstra, demonstrated three times the capacity compared with previous generations.
The breakthrough is vital as it will not only improve the current service but also prepare the network for future innovations such as 5G Advanced, 6G and other associated technologies. ERIC’s RAN processors can support up to 20 times more pre-integrated AI models with superior inference capacity. The support for AI/ML capabilities and advanced automation delivers a more flexible and responsive network that offers an improved experience to end users.
The test and validation conducted by Telstra show that the new RAN processor offers up to 60 percent lower energy consumption compared with legacy distributed RAN deployments. It efficiently manages critical digital signal processing tasks of the RAN, including modulation, demodulation, encoding, decoding and scheduling of LTE and NR traffic. The innovative RAN architecture eliminates single points of failure and ensures efficient scaling of compute resources to match the future demand.
Backed by these enhancements, ERIC’s new RAN processor facilitates impressive data speed with greater consistency and reliability. These features will strengthen the network infrastructure needed to support advanced applications across industries.
Will This Collaboration Boost ERIC’s Share Performance?
Ericsson’s recent venture with Telstra has set a new benchmark for speed, reliability and efficiency in mobile data and connectivity. It is putting a strong emphasis on developing leading-edge AI integrated connectivity solutions that not only enhance current services but also facilitate the development of future networks. This bodes well for long-term growth.
ERIC Stock’s Price Performance
Shares of Ericsson have gained 44.9% over the past year compared with the industry’s 42.1% growth.
Image Source: Zacks Investment Research
Zacks Rank & Key Picks
Ericsson currently carries a Zacks Rank #3 (Hold).
Arista Networks, Inc. (ANET - Free Report) sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the last reported quarter, it delivered an earnings surprise of 8.25%. It is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
Ubiquiti Inc. (UI - Free Report) currently carries a Zacks Rank #2 (Buy). The company offers a comprehensive portfolio of networking products and solutions for service providers and enterprises.
Its excellent global business model, which is flexible and adaptable to evolving changes in markets, helps it to beat challenges and maximize growth. The company’s effective management of its strong global network of more than 100 distributors and master resellers improved its UI’s visibility for future demand and inventory management techniques.
Workday Inc. (WDAY - Free Report) has a Zacks Rank of 2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a leading provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes the process easier for organizations to provide analytical insights and decision support.