Yahoo Finance Orange (ORAN) Solutions Deployed by JDE Across 120 Locations
Orange S.A. ORAN has announced that Jacobs Douwe Egberts ("JDE") recently deployed Orange Business Services' secure end-to-end connectivity solutions to over 120 locations worldwide based on Flexible SD-WAN.
JDE is a Dutch multinational coffee company that produces and sells a wide variety of coffee and tea products. The company is headquartered in Amsterdam, Netherlands.
The flexible SD-WAN-based infrastructure has been implemented to support JDE's ambitious global expansion plans and digital transformation initiatives.
Orange Price and Consensus
Orange price-consensus-chart | Orange Quote
Orange has implemented a global connectivity solution using managed Flexible SD-WAN across 40 countries in Europe, Africa, Asia Pacific and Latin America. This is an ideal fit for JDE as it is actively looking for a highly scalable infrastructure that could meet both its custom requirements and growing business demands.
Orange also provides a wide array of managed network security services and cloud-based security solutions across the core infrastructure of JDE’s data centers in Amsterdam, Sao Paulo and Singapore.
The Flexible SD-WAN infrastructure has been instrumental in supporting JDE's merger and acquisition activities, as witnessed during a recent acquisition in the Asia Pacific region. The implementation has allowed for a smooth integration of new teams and sites onto JDE's global IT infrastructure, saving significant time in accessing corporate applications and the network. This has also enabled the rapid onboarding of employees.
Overall, the implementation of the solution for JDE and the potential for repeat and referral business can contribute to Orange Business Services' overall business growth in the coming years.
Orange Business Services is a global digital services provider that offers a range of services, including networking, cloud, cybersecurity and unified communications to businesses of all sizes. The company is a subsidiary of Orange S.A, one of the world’s leading telecommunications carriers with a presence in 26 countries.
In the third quarter of 2022, Orange’s revenue increased 1% year over year to €10.8 billion, owing to solid momentum in retail services and equipment sales, partly offset by a decline in wholesale services.
At present, ORAN sports a Zacks Rank #1 (Strong Buy). The stock has lost 7.5% in the past year compared with the sub-industry’s decline of 10.4%.
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