NetScout To Work With Bouygues Telecom For VoLTE Enhancement

NetScout Systems, Inc. (NASDAQ:NTCT) recently announced a collaboration with French telecommunication company Bouygues (PA:BOUY) Telecom. The deal is aimed at improving Bouygues’ IP network and its Voice-over-LTE (VoLTE) quality management services.

Bouygues’ partnership with NetScout will help it to quickly identify service issues and any irregularity in network, hence improving its service quality.

With NetScout’s troubleshooting and Key Performance Indicator (KPI) features, the Bouygues team can tackle network issues before they hit subscribers.

As far as NetScout is concerned, this partnership will expand its presence in France and will eventually drive its top line. Notably, the company has outperformed the Zacks Computer-Networks industry on a year-to-date basis. While the industry gained 6.6%, the stock returned 12.7% over the same time period.

NetScout’s Strong Presence in Networking Industry

NetScout, which provides network management solutions, was announced a leader in the Network Performance Monitoring and Diagnostics sector by Gartner in a report released in March. Per Gartner, NetScout has the largest market share and a loyal customer base.

Per MarketsandMarkets, the network management market is poised for accelerated growth and will be worth $11,058.6 million by 2019. We believe NetScout with its vast range of solutions including nGeniusOne platform, Infinistream platform and UC Performance Management is well poised to cash in on the positives.

With collaborations such as these, NetScout is strengthening its presence in the industry. However, competition from industry peers like IBM (NYSE:IBM) , Cisco Systems (NASDAQ:CSCO) , Brocade Communications Systems, Inc. (NASDAQ:BRCD) Riverbed Technology is a concern for the company.

Zacks Rank

NetScout Systems currently has a Zacks Rank #4 (Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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