Avnet (AVT - Free Report) recently announced that it is collaborating with Austin-based real estate investment trust, Digital Realty Trust (DLR - Free Report) , to develop high performance, cloud-based and secure universal video streaming services. The solution will enable companies and application providers to develop, launch and enhance their video broadcasting product offerings.
Avnet Integrated, which provides differentiated financial (or trade) solutions including digital storefronts, end user transactions and creative supply line solutions, will develop and scale the solutions using Digital Realty’s first-ever global data center platform — PlatformDIGITAL.
The streaming solutions will come with “try and buy” options and one-touch payment options. They will support social media-based applications, video-based eCommerce, telemedicine, video collaboration, live sports and events, auctions, gambling and sports betting.
The first solution developed under this collaboration is equipped with Advanced Micro Devices’ (AMD - Free Report) 3rd Generation AMD EPYC-based server and integrated with Xilinx’s U30 Field-Programmable Gate Array (“FPGA”) accelerator card. The solution is currently available for entertainment companies, cable companies, digital content providers, fintech, remote surgery or health care providers, and military and aerospace companies.
The latest initiative will enable Avnet’s customers to reduce their infrastructural costs for developing on-premise solutions. The application providers will now be able to scale their existing video streaming offerings and develop their own streaming solutions with a reduced cost and end-to-end quality enhancement.
Currently, Xilinx sports a Zacks Rank #1 (Strong Buy). Advanced Micro Devices has a Zacks Rank #2 (Buy), while Avnet and Digital Realty carry a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks Naming Top 10 Stocks for 2024
Want to be tipped off early to our 10 top picks for the entirety of 2024?
History suggests their performance could be sensational.
From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don’t miss your chance to get in on these stocks when they’re released on January 2.
Be First to New Top 10 Stocks >>
Avnet (AVT - Free Report) recently announced that it is collaborating with Austin-based real estate investment trust, Digital Realty Trust (DLR - Free Report) , to develop high performance, cloud-based and secure universal video streaming services. The solution will enable companies and application providers to develop, launch and enhance their video broadcasting product offerings.
Avnet Integrated, which provides differentiated financial (or trade) solutions including digital storefronts, end user transactions and creative supply line solutions, will develop and scale the solutions using Digital Realty’s first-ever global data center platform — PlatformDIGITAL.
The streaming solutions will come with “try and buy” options and one-touch payment options. They will support social media-based applications, video-based eCommerce, telemedicine, video collaboration, live sports and events, auctions, gambling and sports betting.
The first solution developed under this collaboration is equipped with Advanced Micro Devices’ (AMD - Free Report) 3rd Generation AMD EPYC-based server and integrated with Xilinx’s U30 Field-Programmable Gate Array (“FPGA”) accelerator card. The solution is currently available for entertainment companies, cable companies, digital content providers, fintech, remote surgery or health care providers, and military and aerospace companies.
The latest initiative will enable Avnet’s customers to reduce their infrastructural costs for developing on-premise solutions. The application providers will now be able to scale their existing video streaming offerings and develop their own streaming solutions with a reduced cost and end-to-end quality enhancement.
Currently, Xilinx sports a Zacks Rank #1 (Strong Buy). Advanced Micro Devices has a Zacks Rank #2 (Buy), while Avnet and Digital Realty carry a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks Naming Top 10 Stocks for 2024
Want to be tipped off early to our 10 top picks for the entirety of 2024?
History suggests their performance could be sensational.
From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don’t miss your chance to get in on these stocks when they’re released on January 2.
Be First to New Top 10 Stocks >>
Get the latest research report on AMD - FREE
Get the latest research report on AVT - FREE
Get the latest research report on DLR - FREE