Singapore markets open in 2 hours 28 minutes
  • Straits Times Index

    +1.89 (+0.06%)
  • S&P 500

    +36.88 (+0.70%)
  • Dow

    +4.29 (+0.01%)
  • Nasdaq

    +184.79 (+1.10%)
  • Bitcoin USD

    +982.98 (+1.43%)
  • CMC Crypto 200

    +14.06 (+0.95%)
  • FTSE 100

    -21.64 (-0.26%)
  • Gold

    +19.70 (+0.84%)
  • Crude Oil

    +0.83 (+1.07%)
  • 10-Yr Bond

    0.0000 (0.00%)
  • Nikkei

    +253.91 (+0.66%)
  • Hang Seng

    +218.41 (+1.17%)
  • FTSE Bursa Malaysia

    -1.13 (-0.07%)
  • Jakarta Composite Index

    -7,222.38 (-50.16%)
  • PSE Index

    -48.29 (-0.73%)

CommScope (COMM) Unveils AI Native Solutions for Hospitality

CommScope Holding Company, Inc. COMM recently launched an advanced set of RUCKUS Networks solutions offering turnkey AI, Wi-FI 7 and IoT solutions tailored specifically for the hospitality industry. The aim is to enhance operational efficiency, promote sustainability and strengthen brand loyalty within this sector.

The RUCKUS Networks hospitality suite features RUCKUS One Hospitality Edition. The AI-powered Converged Network Assurance and Business Intelligence Platform are designed to meet the diverse needs of stakeholders, including brand owners, property IT managers and guests. It provides 360-degree brand report cards encompassing brand-specific policy compliance, insights related to network health and guest experience.

A robust, reliable WiFI service can be a solid foundation for a better guest experience. COMM’s latest product suite includes a high-performance R770 Access Point (AP), as well as the latest AI-driven Wi-Fi 7 AP, the R670, ensuring seamless and consistent wireless connectivity.

RUCKUS AI provides robust service assurance and business intelligence support, while the IoT suite enhances staff safety and productivity. The Hospitality Gateway by RUCKUS Networks simplifies the deployment of unified hospitality services, provides actionable user insights, improves decision making and maximizes revenue.

A superior guest experience is a vital parameter to ensure brand loyalty in the hospitality business. In a rapidly evolving competitive hospitality landscape, delivering superior guest experience and maintaining consistency across various services and locations throughout the entire operational framework is a very challenging endeavor.

CommScope's AI native solution is already gaining market traction, offering a robust and cost-effective method to elevate customer services. Loews Hotels, a family-owned brand of 26 luxury hotels, utilized RUCKUS AI recommendations to optimize their network infrastructure.

The enterprise reported significant improvement in IT efficiency, with reduced issue resolution times. The AI-driven approach enables proactive network management and personalized bandwidth allocation to enhance customers' experience. The introduction of these cutting edge solutions will strengthen COMM's position in the communication infrastructure market and enhance commercial prospects.

CommScope is focused on sound technology, a highly efficient supply chain and a commitment to continuous improvement. This will potentially make the company a preferred partner for all telecommunications businesses as the entire industry moves toward 5G.

With operators moving toward converged or multi-use network structures, combining voice, video and data communications into a single network, CommScope is dedicated to developing solutions designed to support wireline and wireless network convergence, which will be essential for the success of 5G technology. Its product portfolio has been specifically designed to help global service providers efficiently deploy fiber networks. This augurs well for its long-term growth prospects.

The stock has lost 79.3% in the past year compared with the industry’s decline of 55%.

Zacks Investment Research
Zacks Investment Research

Image Source: Zacks Investment Research

Zacks Rank & Key Picks

CommScope currently carries a Zacks Rank #4 (Sell).

Airgain, Inc. AIRG currently carries a Zacks Rank #2 (Buy). It has a long-term earnings growth expectation of 35%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Headquartered in San Diego, CA, Airgain offers integrated wireless solutions in the form of antenna products. These products are equipped to solve critical connectivity needs in both the design process and the operating environment across the enterprise, automotive and consumer markets. Ideal for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide, the customizable antennas from Airgain serve both indoor and outdoor connectivity issues.

Pinterest PINS, sporting a Zacks Rank #1 at present, delivered a trailing four-quarter average earnings surprise of 37.42%. In the last reported quarter, it delivered an earnings surprise of 3.92%.

Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. Through various innovations, it continues to dramatically improve the advertising platform, which appears to be one of the best ad platforms for consumer discretionary brands looking for ways to reach customers and stretch smaller ad budgets.

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 17.5% and delivered an earnings surprise of 13.3%, 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.


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

CommScope Holding Company, Inc. (COMM) : Free Stock Analysis Report

Arista Networks, Inc. (ANET) : Free Stock Analysis Report

Airgain, Inc. (AIRG) : Free Stock Analysis Report

Pinterest, Inc. (PINS) : Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research