Arista Networks, Inc. (ANET - Free Report) recently announced that Microsoft Azure Stack currently supports its Arista Any Cloud software platform. Notably, the platform includes the Arista vEOS router, which integrated with Arista CloudVision software offers safe networking operations and telemetry across several private and public cloud environments.
As a virtual network appliance, the Arista vEOS Router enables enterprises and cloud providers to build consistent, scalable and highly secure hybrid networks. Arista vEOS Router offers a single binary image across private and public clouds, allowing to manage, troubleshoot as well as configure network connectivity across the cloud.
Notably, the Arista Any Cloud platform supports all public or hybrid cloud environments that include Microsoft Azure Stack, Microsoft Azure public cloud platform, Amazon Web Services, Google Cloud Platform apart from other public clouds. As a matter of fact, the Arista Any Cloud platform enables customers to deploy a safe multi-cloud experience with a common approach of cloud networking design across all the cloud’s places.
The Arista vEOS Router is based on a monthly subscription, and includes the Arista A-Care support.
Existing Business Scenario
Arista continues to benefit from the expanding cloud networking market, driven by strong demand for scalable infrastructure, which has become necessary to support new applications and services. Apart from delivering high capacity and availability, cloud networking promises predictable performance along with programmability that enables integration with third-party applications for network, management, automation, orchestration, and network services.
Moreover, the company is well poised to benefit from strong demand for its data center switches. Also, continued spending on IT infrastructure products for deployment in cloud environments is a positive. The robust product portfolio is aiding the company win customers on a regular basis, consequently boosting top-line growth.
Over the past year, this Zacks Rank #3 (Hold) stock has gained 47.2% outperforming the growth of 8.9% recorded by the industry.
However, the company faces significant competition from big network equipment and system vendors. Moreover, continued lawsuits have been a concern for Arista.
Stocks to Consider
Some better-ranked stocks in the same space are Sonus Networks, Inc. (RBBN - Free Report) , Acacia Communications, Inc. (ACIA - Free Report) and Plantronics, Inc. (PLT - Free Report) . While Sonus Networks sports a Zacks Rank #1 (Strong Buy), Acacia Communications and Plantronics carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Sonus Networks surpassed estimates in each of the trailing four quarters with an average positive earnings surprise of 168.11%.
Acacia Communications outpaced estimates in each of the preceding four quarters with an average positive earnings surprise of 37.64%.
Plantronics exceeded estimates in each of the preceding four quarters with an average positive earnings surprise of 21.09%.
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