Verizon Communications Inc. VZ recently announced the unveiling of its cutting-edge solutions designed to provide mission-critical communication to first responders. First responders often face a multitude of challenges during operations that can significantly hinder their capabilities. Incompatible communication systems and inadequate network infrastructure severely undermine coordination among personnel. Lack of up-to-date information about the incident scene often makes it difficult to assess the danger and potential risks. Limited situation awareness can lead to ineffective allocation of resources and heightened safety risks for officials.
The latest suite of solutions from Verizon Frontline is engineered to address these issues. The company is demonstrating these solutions at the Border Security Expo from May 21-23 at the EL Paso Convention Center.
Among these innovations is the Rapid Response Connectivity Unit, a state-of-the-art portable asset that can be swiftly deployed within 15 minutes under any condition to establish mission-critical connectivity. Verizon brings the Unmanned Aircraft Systems (UAS) to enhance frontline workers situational awareness. UAS can be leveraged for search and rescue operations, mapping, site surveys and immediate network creation following a disaster.
Verizon’s Team Awareness Kit will offer real-time insights, live video feeds and geospatial information to safety personnel. This will significantly augment situational awareness and improve real-time decision-making. At the Expo, Verizon will also showcase the 5G-powered autonomous mobile robots called Robotic Emergency Dog. The solution integrates advanced AI, machine learning and robotics to develop new capabilities for first responders.
The public security and safety market is expected to witness substantial growth in the coming years. Recognizing these market dynamics, Verizon is directing its research and innovation efforts to strengthen its security portfolio to cater to modern requirements.
With one of the most efficient wireless networks in the United States, Verizon continues to deploy the latest technologies to deliver faster peak data speeds and capacity for customers, driven by customer-focused planning, disciplined engineering and constant strategic investment.
Verizon’s 5G mobility service offers an unmatched experience that impacts industries as diverse as public safety, health care, retail and sports. The company’s 5G network hinges on three fundamental drivers to deliver the full potential of next-generation wireless technology. These include massive spectrum holdings, particularly in the millimeter-wave bands for faster data transfer, end-to-end deep fiber resources and the ability to deploy a large number of small cells.
The stock has gained 9.9% over the past year compared with the industry’s growth of 10.8%.
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Verizon currently carries a Zacks Rank #3 (Hold).
Stocks to Consider
NVIDIA Corporation NVDA, sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Arista Networks, Inc. ANET, sporting a Zacks Rank #1 at present, is likely 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. Arista has a long-term earnings growth expectation of 15.68% and delivered an earnings surprise of 15.39%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
Silicon Motion Technology Corporation SIMO, sporting a Zacks Rank #1 at present, delivered a trailing four-quarter average earnings surprise of 4.72%.
It is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers and other customers.
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