Sierra Wireless, Inc. has unveiled 5G Managed Network Service to establish a streamlined network infrastructure on the back of superior speed and ultra-low latency cellular wireless connectivity. The service will be available to customers in the United States from the fourth quarter of 2021.
Headquartered in Richmond, Canada, Sierra Wireless is a multinational wireless communications equipment designer and manufacturer that empowers businesses to bring about a revolutionary change to thrive in today’s connected economy. The company has shipped more than 168 million Internet of Things (IoT)-powered devices.
With more than two decades of experience in the wireless domain, the company boasts a varied range of connectivity services and cellular modules to offer complete Device-to-Cloud IoT solutions with utmost security.
Thanks to its comprehensive suite of IoT solutions, the entity bolsters data-driven transformation and is known for creating lucrative opportunities across a plethora of industry verticals. Industrial companies across a range of sectors capitalize on Sierra Wireless’ Industrial IoT to revamp their business models and monitor their assets, thereby ensuring a strong relationship with customers.
The IoT provider’s Managed Network Services launch comes as a boon, especially at a time when service providers are migrating toward cost-efficient, high-quality Internet connectivity which is crucial for business growth. This 5G-powered service comes in three different options — Basic, Premium, and Pro.
Basic is a hassle-free offering that has been specifically designed for companies that opt for a cost-effective backup cellular solution for non-critical systems such as inventory management and back-office operations. Premium supports mission-critical applications like security monitoring and medical systems. It involves all the features of Basic along with proactive monitoring. Pro caters to companies that need a primary gateway service, supporting personalized management requirements.
The platform is a fully managed portfolio of offerings that delivers cost-effective Internet management under a single vendor for a complete solution with greater reliability. With seamless management, it does not involve any upfront equipment purchase cost and ensures business-critical functions with connectivity uptime. It provides end-to-end broadband solutions for enhanced connectivity in healthcare, kiosk/POS, and distance e-learning applications.
The solution is also compatible with Sierra Wireless’ XR Series 5G routers that not only simplify day-to-day operations but also facilitate seamless 5G deployments, driven by avant-garde network performance. On the back of such robust characteristics, the communications equipment company’s latest launch is expected to transform the business landscape with 5G technology’s state-of-the-art capabilities.
Zacks Rank & Stocks to Consider
Sierra Wireless currently has a Zacks Rank #4 (Sell). Its shares have returned 44.9% compared with the industry’s growth of 13.5% in the past year.
Some better-ranked stocks in the industry are Clearfield, Inc. (CLFD - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) , and Ubiquiti Inc. (UI - Free Report) . While Clearfield currently sports a Zacks Rank #1 (Strong Buy), Motorola and Ubiquiti carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Clearfield delivered a trailing four-quarter earnings surprise of 49%, on average.
Motorola delivered a trailing four-quarter earnings surprise of 9.6%, on average.
Ubiquiti delivered a trailing four-quarter earnings surprise of 20.5%, on average.
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The only question is “Will you get into the right stocks early when their growth potential is greatest?”
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Sierra Wireless, Inc. has unveiled 5G Managed Network Service to establish a streamlined network infrastructure on the back of superior speed and ultra-low latency cellular wireless connectivity. The service will be available to customers in the United States from the fourth quarter of 2021.
Headquartered in Richmond, Canada, Sierra Wireless is a multinational wireless communications equipment designer and manufacturer that empowers businesses to bring about a revolutionary change to thrive in today’s connected economy. The company has shipped more than 168 million Internet of Things (IoT)-powered devices.
With more than two decades of experience in the wireless domain, the company boasts a varied range of connectivity services and cellular modules to offer complete Device-to-Cloud IoT solutions with utmost security.
Thanks to its comprehensive suite of IoT solutions, the entity bolsters data-driven transformation and is known for creating lucrative opportunities across a plethora of industry verticals. Industrial companies across a range of sectors capitalize on Sierra Wireless’ Industrial IoT to revamp their business models and monitor their assets, thereby ensuring a strong relationship with customers.
The IoT provider’s Managed Network Services launch comes as a boon, especially at a time when service providers are migrating toward cost-efficient, high-quality Internet connectivity which is crucial for business growth. This 5G-powered service comes in three different options — Basic, Premium, and Pro.
Basic is a hassle-free offering that has been specifically designed for companies that opt for a cost-effective backup cellular solution for non-critical systems such as inventory management and back-office operations. Premium supports mission-critical applications like security monitoring and medical systems. It involves all the features of Basic along with proactive monitoring. Pro caters to companies that need a primary gateway service, supporting personalized management requirements.
The platform is a fully managed portfolio of offerings that delivers cost-effective Internet management under a single vendor for a complete solution with greater reliability. With seamless management, it does not involve any upfront equipment purchase cost and ensures business-critical functions with connectivity uptime. It provides end-to-end broadband solutions for enhanced connectivity in healthcare, kiosk/POS, and distance e-learning applications.
The solution is also compatible with Sierra Wireless’ XR Series 5G routers that not only simplify day-to-day operations but also facilitate seamless 5G deployments, driven by avant-garde network performance. On the back of such robust characteristics, the communications equipment company’s latest launch is expected to transform the business landscape with 5G technology’s state-of-the-art capabilities.
Zacks Rank & Stocks to Consider
Sierra Wireless currently has a Zacks Rank #4 (Sell). Its shares have returned 44.9% compared with the industry’s growth of 13.5% in the past year.
Some better-ranked stocks in the industry are Clearfield, Inc. (CLFD - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) , and Ubiquiti Inc. (UI - Free Report) . While Clearfield currently sports a Zacks Rank #1 (Strong Buy), Motorola and Ubiquiti carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Clearfield delivered a trailing four-quarter earnings surprise of 49%, on average.
Motorola delivered a trailing four-quarter earnings surprise of 9.6%, on average.
Ubiquiti delivered a trailing four-quarter earnings surprise of 20.5%, on average.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
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