ARRIS International plc’s (ARRS - Free Report) subsidiary — Ruckus Networks — recently unveiled a new Cloud-Ready Specialization Program for its new and existing channel partners. It will help them enhance renewable revenue streams across multiple verticals in a rapidly growing Wi-Fi infrastructure market.
The program, comprising an inclusive set of tools, training and technical support, is aimed at delivering Ruckus Cloud Wi-Fi to organizations that need faster, scalable and easily manageable distributed sites. It has been designed to equip channel partners with the knowledge and resources required to address the growing market demand for cloud-managed Wi-Fi and further expand the customer base by acquiring new Ruckus Cloud Wi-Fi customers.
Organizations are looking for a cloud management solution to quickly deploy and easily manage their Wi-Fi networks. Ruckus Cloud Wi-Fi streamlines deployment, monitoring and management of distributed wireless networks. The new program delivers exclusive benefits to Select- and Elite-level channel partners including promotional discount for Ruckus Cloud Wi-Fi. Partners that meet the program requirements are also eligible for Market Development Funds to help support their marketing efforts. The latest addition is part of the company’s ongoing commitment to build innovative programs that help its partners drive more value for customers in target markets.
ARRIS provides wireless and wired products and services for seamless connectivity across varied networking environments to customers across a spectrum of verticals including hospitality, education, smart cities, government, venues and service providers. The core solutions are complemented by a broad array of services like technical support, repair and refurbishment, and system design and integration. Consumer demand for faster Internet speeds with more capacity continues to grow rapidly. The company provides the technology enabling customers to manage this exponential bandwidth growth cost effectively through steady investment in state-of-the-art technologies.
In the past three months, shares of ARRIS have lost 3.1% against a gain of 8.6% for the industry.
ARRIS currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Turtle Beach Corporation (HEAR - Free Report) , Arista Networks, Inc. (ANET - Free Report) and Corning Incorporated (GLW - Free Report) . While Turtle Beach sports a Zacks Rank #1 (Strong Buy), Arista Networks and Corning carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Turtle Beach has a long-term earnings growth expectation of 13%. It surpassed earnings estimates twice in the trailing four quarters with an average positive surprise of 33.7%.
Arista Networks has a long-term earnings growth expectation of 21.2%. It beat earnings estimates in each of the trailing four quarters, the average being 25.5%.
Corning has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average being 4.4%.
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