IBM (IBM) Automation Solutions to Boost Digital Growth in Egypt
International Business Machines Corporation IBM recently announced that it was selected as a technology partner by Telecom Egypt (TE) to modernize and transform network operations in the middle-East country. It usually takes 18 hours to track operating capacity and service quality across Egypt, making it very difficult for engineers and operators to provide optimum service with the current setup. In today’s age of digital transformation, there is rising demand for improved network quality and customer service. By adopting IBM’s intelligent automation solutions, TE is looking to address these demands.
With the aid of IBM Cloud Pak for Watson AIOps, TE will have a comprehensive overview of its whole IT ecosystem, enabling greater management and control of the nationwide IT operations. This will also enable engineers and IT operators to quickly identify and analyze the issues, provide improvised solutions and resolve problems quicker. IBM Robotic Process Automation will replace the tedious manual work by automating the tracking of service quality and network’s capacity in the whole country. These automation solutions will greatly increase operational effectiveness, guarantee fast and superior service to end consumers and accelerate the nation's digital growth.
IBM has gradually evolved as a provider of cloud and data platforms. Red Hat’s acquisition, in particular, has helped it strengthen its competitive position in the hybrid cloud market. With the Red Hat buyout, the company offers a Linux operating system — Red Hat Enterprise Linux — and a hybrid cloud platform — Red Hat OpenShift — that aids enterprises with digital transformation. The company provides advanced information technology solutions, computer systems, quantum computing and supercomputing solutions, enterprise software, storage systems and microelectronics.
It is poised to benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting. The company’s growth is expected to be driven primarily by analytics, cloud computing, and security in the long haul. A combination of a better business mix, improving operating leverage through productivity gains and increased investment in growth opportunities will drive profitability. IBM's research and development (R&D) initiatives set it apart from its peers. On an annual basis, the company invests around 7-8% on R&D to reap high-growth and high-value opportunities.
The stock remained flat in the past year compared with the industry’s decline of 11%.
Image Source: Zacks Investment Research
IBM currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Arista Networks, Inc. ANET, sporting a Zacks Rank #1, delivered an earnings surprise of 14.17%, on average, in the trailing four quarters. Earnings estimates for ANET for the current year stand at $5.79 per share. Arista provides cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next-generation data center networks.
It continues to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. It is well-poised for growth in data-driven cloud networking business with proactive platforms and predictive operations. Arista has introduced network observability software, DANZ Monitoring Fabric (DMF), on its switching platforms for enterprise-wide traffic visibility and contextual insights.
InterDigital, Inc. IDCC, carrying a Zacks Rank 2 (Buy), delivered an earnings surprise of 40.33% on average in the trailing four quarters. Delivered an earnings surprise of 17.39% in the last reported quarter. InterDigital is a pioneer in advanced mobile technologies that enables wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.
It is focused on pursuing agreements with unlicensed customers in the handset and consumer electronics markets. The company aims to become a leading designer and developer of technology solutions and innovation for the mobile industry, IoT and allied technology areas by leveraging its research and development (R&D) capabilities, technological knowhow and rich industry experience.
Juniper Networks, Inc. JNPR, carrying a Zacks Rank #2, delivered an earnings surprise of 1.55%, on average, in the trailing four quarters and has an Earnings ESP of +2.38%. It is witnessing strong momentum across its core industry verticals and is confident of its long-term prospects. Investments in customer solutions and sales organizations have enabled the company to capitalize on the solid demand across end markets.
Juniper is a leading provider of networking solutions and communication devices. The company develops, designs and sells products that help build a network infrastructure for services and applications based on a single Internet protocol network worldwide. The company caters to the networking needs of enterprises, public sector organizations and service providers across the globe.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
International Business Machines Corporation (IBM) : Free Stock Analysis Report
Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report
InterDigital, Inc. (IDCC) : Free Stock Analysis Report
Arista Networks, Inc. (ANET) : Free Stock Analysis Report
To read this article on Zacks.com click here.