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Nokia (NOK) Solutions to Accelerate Digitalization in Bahrain
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Nokia Corporation (NOK - Free Report) recently announced that it has inked an agreement with Batelco to roll out 5G private wireless networks throughout Bahrain. Batelco, the primary telecommunication company in Bahrain, opted to leverage Nokia’s industry-leading portfolio and extensive global expertise to spearhead nationwide digital transformation efforts.
5G private wireless technology provides ultra-low latency, high reliability and the capacity to accommodate a significantly larger number of connected devices. Its real-time data transmission and seamless connectivity features will support a wide range of applications across sectors such as healthcare, transportation, manufacturing and emergency services.
Nokia’s solution suite includes DAC (Digital Automation Cloud), MPW (Modular Private Wireless), edge computing capabilities and durable industrial devices. Nokia DAC and 5G MPW offer pervasive connectivity indoors and outdoors with business-critical reliability, enabling service providers to match all wireless connectivity needs with a single system. The solutions are scalable with minimum upfront investment and optimize power consumption and operational expenses.
Nokia’s portfolio of ruggedized industrial devices boosts workers’ safety, sustainability and digitalization by enhancing communications across the organization. It offers zero-touch provision and simplifies the configuration process through a practical device management dashboard. This facilitates real-time monitoring of network performance, allows businesses to quickly locate potential issues in the system and ensures rapid resolution.
Successful deployment of 5G private wireless networks will bring benefits of these cutting-edge features to the local residents. The availability of Nokia’s high performance and uninterrupted connectivity will expedite innovations, improve operational KPIs (Key Performance Indicators) and open up new revenue streams across industries.
Nokia is facing headwinds in several verticals owing to a challenging macro environment and inventory adjustments. However, it has made significant progress on its three-phased journey of value creation. The company’s strategy includes Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. It currently has 319 commercial 5G deals with communications service providers globally. It has 110 live 5G networks, both public and private. The 5G portfolio is increasingly gaining traction among enterprise customers.
The stock has lost 23.8% in the past year against the industry’s growth of 15.9%.
Image Source: Zacks Investment Research
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1 (Strong Buy), delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Pinterest (PINS - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 37.42%. In the last reported quarter, it delivered an earnings surprise of 3.92%.
Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. Through various innovations, it continues to dramatically improve the advertising platform, which appears to be one of the best ad platforms for consumer discretionary brands looking for ways to reach customers and stretch smaller ad budgets.
AudioCodes Ltd. (AUDC - Free Report) currently carries a Zacks Rank #2. It has 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.
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Nokia (NOK) Solutions to Accelerate Digitalization in Bahrain
Nokia Corporation (NOK - Free Report) recently announced that it has inked an agreement with Batelco to roll out 5G private wireless networks throughout Bahrain. Batelco, the primary telecommunication company in Bahrain, opted to leverage Nokia’s industry-leading portfolio and extensive global expertise to spearhead nationwide digital transformation efforts.
5G private wireless technology provides ultra-low latency, high reliability and the capacity to accommodate a significantly larger number of connected devices. Its real-time data transmission and seamless connectivity features will support a wide range of applications across sectors such as healthcare, transportation, manufacturing and emergency services.
Nokia’s solution suite includes DAC (Digital Automation Cloud), MPW (Modular Private Wireless), edge computing capabilities and durable industrial devices. Nokia DAC and 5G MPW offer pervasive connectivity indoors and outdoors with business-critical reliability, enabling service providers to match all wireless connectivity needs with a single system. The solutions are scalable with minimum upfront investment and optimize power consumption and operational expenses.
Nokia’s portfolio of ruggedized industrial devices boosts workers’ safety, sustainability and digitalization by enhancing communications across the organization. It offers zero-touch provision and simplifies the configuration process through a practical device management dashboard. This facilitates real-time monitoring of network performance, allows businesses to quickly locate potential issues in the system and ensures rapid resolution.
Successful deployment of 5G private wireless networks will bring benefits of these cutting-edge features to the local residents. The availability of Nokia’s high performance and uninterrupted connectivity will expedite innovations, improve operational KPIs (Key Performance Indicators) and open up new revenue streams across industries.
Nokia is facing headwinds in several verticals owing to a challenging macro environment and inventory adjustments. However, it has made significant progress on its three-phased journey of value creation. The company’s strategy includes Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. It currently has 319 commercial 5G deals with communications service providers globally. It has 110 live 5G networks, both public and private. The 5G portfolio is increasingly gaining traction among enterprise customers.
The stock has lost 23.8% in the past year against the industry’s growth of 15.9%.
Image Source: Zacks Investment Research
Stocks to Consider
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1 (Strong Buy), delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Pinterest (PINS - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 37.42%. In the last reported quarter, it delivered an earnings surprise of 3.92%.
Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. Through various innovations, it continues to dramatically improve the advertising platform, which appears to be one of the best ad platforms for consumer discretionary brands looking for ways to reach customers and stretch smaller ad budgets.
AudioCodes Ltd. (AUDC - Free Report) currently carries a Zacks Rank #2. It has 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.