BlackBerry Limited (BB - Free Report) recently announced that its new Government Mobility Suite has received Federal Risk and Authorization Management Program (FedRAMP) Ready status. Markedly, the cybersecurity software and services firm’s cloud-based endpoint management solution has been designed particularly for the U.S. government agencies.
The company is poised to benefit from surge in its business, while providing one of the most secure mobile enterprise solutions in the market. Presently listed on FedRAMP’s Marketplace, the solution is based on BlackBerry UEM and provides IT administrators with a single view of users, devices and applications across multiple OS endpoints.
As a leading player in the enterprise mobility management, BlackBerry is widely recognized for productivity and security innovations. The company provides mobile enterprise solutions in the market through a broad portfolio of products and services. It offers software and services platform for the Enterprise of Things within the enterprise that communicate with each other to enable smart business processes.
BlackBerry remains committed to taking its end-to-end technology stack through FedRAMP’s strict requirements for government agencies to leverage the full suite of capabilities in an integrated and secure FedRAMP cloud solution.
FedRAMP’s monitoring and reporting for BlackBerry Government Mobility Suite will be provided by BlackBerry’s U.S. Cyber Security Operations Center and Compliance staff. The company created BlackBerry Government Solutions to boost its FedRAMP initiatives. Headquartered in Washington, D.C, BlackBerry Government Solutions has a separate corporate governance structure to comply with U.S. national security requirements.
The strategic move has enabled the company to deepen its reach within the U.S. government sector by ensuring that its next-generation cybersecurity solutions and Spark platform meet FedRAMP and Authority to Operate certifications while providing customers with better service.
While Kratos SecureInfo has verified BlackBerry’s readiness for the full FedRAMP authorization process, the FedRAMP Program Management Office has evaluated the company’s Readiness Assessment Report asserting that the capabilities meet crucial FedRAMP security requirements.
Further, the combination of BlackBerry Cylance’s artificial intelligence and machine learning cybersecurity capabilities with BlackBerry Spark has made its endpoint management and embedded software products more essential for businesses to generate value from the Internet of Things.
Driven by diligent execution of operational strategies, shares of BlackBerry have rallied 16.1% against the industry’s decline of 5.4% in the year-to-date period.
BlackBerry currently has a Zacks Rank #3 (Hold). A few better-ranked stocks in the broader industry are Juniper Networks, Inc. (JNPR - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) and Ubiquiti Networks, Inc. , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Juniper has long-term earnings growth expectation of 6.2%.
Motorola has long-term earnings growth expectation of 7.7%.
Ubiquiti has long-term earnings growth expectation of 19.8%.
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