Motorola Solutions, Inc. (MSI - Free Report) recently collaborated with the government division of LexisNexis Risk Solutions with a view to bringing more data and analytics into public safety operations. Part of RELX Group, LexisNexis Risk Solutions is a leading global provider of information and analytics.
Motorola serves above 100,000 public safety and commercial customers in more than 100 countries. The strategic partnership will leverage LexisNexis Risk Solutions’ key insights for informed decision making in the public safety software platform. This, in turn, will enable users to better focus on investigations, enhance officer safety and deploy resources optimally. The solution is expected to be available in the United States in early 2019 as part of Motorola’s public safety software suite.
Motorola’s Services and Software segment has been an area of significant focus. The company has expanded its services installed base and is building the only end-to-end public safety command center platform in the industry. Management expects the segment to grow at a faster rate than Products and Systems Integration segment, and to drive meaningful operating margin expansion in 2019 and beyond. The company’s Services and Software primarily comprises recurring revenues, including Managed & Support Services, public safety and enterprise command center software, video software and unified communications applications.
Notably, Motorola’s collaboration augments the intelligence capabilities across its public safety software applications. As a result, users will be able to search across public records as well as their own agency data in a quick and seamless manner. Also, advanced analytics will generate critical insights to provide more comprehensive views of incidents, individuals and locations. The partnership will expedite the process of gathering public information to support incidents and investigations, and help public safety users in their regular work.
Motorola expects to strengthen its leading position in the public safety domain by joining players in the ecosystem. It provides solutions to various segments of the public safety workflow. The systems drive demand for device sales, promote software upgrades and infrastructure expansion.
Shares of Motorola have gained 31.1% compared with 15.6% growth recorded by the industry over the past year.
Motorola currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Ubiquiti Networks, Inc. (UBNT - Free Report) and Ribbon Communications Inc. (RBBN - Free Report) . While Comtech and Ubiquiti sport a Zacks Rank #1 (Strong Buy), Ribbon Communications carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average surprise being 136%.
Ubiquiti has a long-term earnings growth expectation of 18.6%. It surpassed earnings estimates thrice in the trailing four quarters with an average positive surprise of 9%.
Ribbon Communications has a long-term earnings growth expectation of 12%. It beat earnings estimates in each of the trailing four quarters, the average surprise being 168.1%.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>