CenturyLink (CTL) Adds EagleForce, Boosts Analytics Portfolio

CenturyLink, Inc. (NYSE:CTL) recently announced the addition of EagleForce Associates, Inc.'s advanced and predictive analytics technology to its General Services Administration (GSA) IT Schedule 70 contract. The contract is federal government's largest and most widely used acquisition vehicle and is commonly used by state and local governments.

The advanced analytics technology offers real-time monitoring of pharmaceutical medications, including opioid prescriptions. EagleForce has established a link with every retail pharmacy in the country for real-time benefit purposes. These methodologies are designed to help doctors, pharmacists and drug manufacturers to track the improper use and administration of medicines. The technology is also designed to accurately identify patients from different health care systems.

In Apr 2017, CenturyLink signed a sales and distribution agreement to offer federal, state and local government agencies, easy access to EagleForce Associates’ analytics technology. We believe this strategic deal will extend CenturyLink's existing data analytics suite and will help government agencies save lives and significantly reduce prescription drug waste, fraud and abuse.

Moreover, integration with the company’s network and cloud services will enable the EagleForce Attestation Center for Program Integrity to perform productively, allowing pharmacists and health care providers to monitor the entire process of medication.

Price Performance and Zacks Rank

CenturyLink is the leading regional wireline service provider of communications and data services nationwide and offers managed hosting, cybersecurity, cloud and information technology services. CenturyLink carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Over the past three months, share price of CenturyLink moved down 3.26%, while the Zacks categorized Wireless National industry fell 6.25%.

Stocks to Consider

Investors interested in the Zacks classified broader Computer and Technology sector, which houses CenturyLink, includes BlackBerry Limited (NASDAQ:BBRY) , Nokia (HE:NOKIA) Corporation (NYSE:NOK) and SBA Communications Corporation (NASDAQ:SBAC) . While BlackBerry and SBA Communications sport a Zacks Rank #1, Nokia currently holds a Zacks Rank #2 (Buy).

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