We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ericsson (ERIC) AI Transforms Jordan's Network Performance
Read MoreHide Full Article
Ericsson (ERIC - Free Report) and Umniah have embarked on a transformative journey leveraging Ericsson’s Cognitive Software portfolio to enhance network performance in Jordan. The collaboration promises to revolutionize telecommunications in the region by employing state-of-the-art AI and ML technologies.
Ericsson’s Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan. By harnessing big data, Ericsson aims to proactively identify and resolve network performance issues, ensuring an exceptional user experience.
The partnership between Ericsson and Umniah has already shown promising results during the Proof-of-Concept phase. By focusing on Call Termination Analysis and Advanced RAN Analytics, the collaboration successfully addressed network challenges, leading to enhanced efficiency and improved service quality.
Incorporating Ericsson’s AI capabilities into Umniah’s network has proven to be a game-changer, elevating the quality of service for customers across the Kingdom. Furthermore, the collaboration has resulted in tailored recommendations to enhance network stability and quality. By analyzing areas with subpar performance and optimizing load balancing, significant improvements in user throughput have been achieved.
Ericsson’s Cognitive Software portfolio not only addresses current challenges but also anticipates future needs, facilitating consistent delivery of superior network quality for Umniah.
Umniah’s integration of Ericsson’s Cognitive Software capabilities underscores a commitment to leveraging AI for network enhancement. This approach not only benefits Umniah’s customers but also highlights Ericsson’s AI capabilities as pivotal in optimizing investment strategies for network development in Jordan.
With the emergence of the smartphone market and the subsequent usage of mobile broadband, user demand for coverage speed and quality has increased exponentially. Further, to maintain performance with increased traffic, there is a continuous need for network tuning and optimization. Ericsson is much in demand among operators to expand network coverage and upgrade networks for higher speed and capacity. The company is reportedly the world’s largest supplier of LTE technology with a significant market share and has established a large number of LTE networks worldwide.
The company focuses on 5G system development and has undertaken many notable endeavors to position itself as a market leader. It believes that the standardization of 5G is the cornerstone for digitizing industries and broadband. Ericsson expects mainstream 4G offerings to give way to 5G technology in the future. It currently has 158 live 5G networks across the globe, spanning 67 countries.
The stock has gained 7.5% over the past year compared with the industry’s rise of 18%.
Headquartered in Wilmington, DE, InterDigital, Inc. (IDCC - Free Report) is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular, as well as wireless 3G, 4G and IEEE 802-related products and networks.
This Zacks Rank #2 (Buy) stock has a long-term earnings growth expectation of 17.4% and has surged 46.7% in the past year. A well-established global footprint, diversified product portfolio and ability to penetrate different markets are key growth drivers for InterDigital. The addition of technologies related to sensors, user interface and video to its already strong portfolio of wireless technology solutions is likely to drive considerable value, given the massive size of the market to which it offers licensing technologies.
AudioCodes Ltd. (AUDC - Free Report) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 24.8% and delivered an earnings surprise of 20.1%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Based in Finland, Nokia Corporation (NOK - Free Report) is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. Its installed base of high-capacity AirScale products, which enables customers to quickly upgrade to 5G, is growing fast.
Nokia’s end-to-end portfolio includes products and services for every part of a network, which are helping operators to enable key 5G capabilities, such as network slicing, distributed cloud and industrial IoT. Accelerated strategy execution, sharpened customer focus and reduced long-term costs are expected to position Nokia as a global leader in the delivery of end-to-end 5G solutions. This Zacks Rank #2 stock has a long-term earnings growth expectation of 9.4%.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Ericsson (ERIC) AI Transforms Jordan's Network Performance
Ericsson (ERIC - Free Report) and Umniah have embarked on a transformative journey leveraging Ericsson’s Cognitive Software portfolio to enhance network performance in Jordan. The collaboration promises to revolutionize telecommunications in the region by employing state-of-the-art AI and ML technologies.
Ericsson’s Cognitive Software portfolio, renowned for its AI-driven planning and optimization solutions, is set to tackle the complexities of modern networks in Jordan. By harnessing big data, Ericsson aims to proactively identify and resolve network performance issues, ensuring an exceptional user experience.
The partnership between Ericsson and Umniah has already shown promising results during the Proof-of-Concept phase. By focusing on Call Termination Analysis and Advanced RAN Analytics, the collaboration successfully addressed network challenges, leading to enhanced efficiency and improved service quality.
Incorporating Ericsson’s AI capabilities into Umniah’s network has proven to be a game-changer, elevating the quality of service for customers across the Kingdom. Furthermore, the collaboration has resulted in tailored recommendations to enhance network stability and quality. By analyzing areas with subpar performance and optimizing load balancing, significant improvements in user throughput have been achieved.
Ericsson’s Cognitive Software portfolio not only addresses current challenges but also anticipates future needs, facilitating consistent delivery of superior network quality for Umniah.
Umniah’s integration of Ericsson’s Cognitive Software capabilities underscores a commitment to leveraging AI for network enhancement. This approach not only benefits Umniah’s customers but also highlights Ericsson’s AI capabilities as pivotal in optimizing investment strategies for network development in Jordan.
With the emergence of the smartphone market and the subsequent usage of mobile broadband, user demand for coverage speed and quality has increased exponentially. Further, to maintain performance with increased traffic, there is a continuous need for network tuning and optimization. Ericsson is much in demand among operators to expand network coverage and upgrade networks for higher speed and capacity. The company is reportedly the world’s largest supplier of LTE technology with a significant market share and has established a large number of LTE networks worldwide.
The company focuses on 5G system development and has undertaken many notable endeavors to position itself as a market leader. It believes that the standardization of 5G is the cornerstone for digitizing industries and broadband. Ericsson expects mainstream 4G offerings to give way to 5G technology in the future. It currently has 158 live 5G networks across the globe, spanning 67 countries.
The stock has gained 7.5% over the past year compared with the industry’s rise of 18%.
Image Source: Zacks Investment Research
Zacks Rank & Stocks to Consider
Ericsson currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Headquartered in Wilmington, DE, InterDigital, Inc. (IDCC - Free Report) is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular, as well as wireless 3G, 4G and IEEE 802-related products and networks.
This Zacks Rank #2 (Buy) stock has a long-term earnings growth expectation of 17.4% and has surged 46.7% in the past year. A well-established global footprint, diversified product portfolio and ability to penetrate different markets are key growth drivers for InterDigital. The addition of technologies related to sensors, user interface and video to its already strong portfolio of wireless technology solutions is likely to drive considerable value, given the massive size of the market to which it offers licensing technologies.
AudioCodes Ltd. (AUDC - Free Report) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 24.8% and delivered an earnings surprise of 20.1%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Based in Finland, Nokia Corporation (NOK - Free Report) is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. Its installed base of high-capacity AirScale products, which enables customers to quickly upgrade to 5G, is growing fast.
Nokia’s end-to-end portfolio includes products and services for every part of a network, which are helping operators to enable key 5G capabilities, such as network slicing, distributed cloud and industrial IoT. Accelerated strategy execution, sharpened customer focus and reduced long-term costs are expected to position Nokia as a global leader in the delivery of end-to-end 5G solutions. This Zacks Rank #2 stock has a long-term earnings growth expectation of 9.4%.