Premium technology company, Ubiquiti Networks, Inc. (NASDAQ:UBNT) , recently announced the receipt of interoperability certification from leading Session Initiation Protocol telecommunications provider Flowroute, Inc. This allows Ubiquiti to join the ranks of coveted companies that has been successful in clinching the Flowroute Technology Partner Program.
This also implies that enterprise desktop smartphone solution UniFi VoIP phone can now be used seamlessly in Flowroute's communications services. Ubiquiti’s certification with Flowroute will also provide it with easy access to reliable, enterprise-quality voice services and support its state-of-the-art routing capabilities.
Once the interoperability testing is complete, Ubiquiti will be able to better operate the UniFi VoIP phone by leveraging on Flowroute’s innovative IP-based communications services. Meanwhile, Ubiquiti's VoIP phones have been successful in garnering a solid reputation among users of Android apps. However, smooth performance of these VoIP phones necessitates incorporation of consistent and reliable voice services.
Ubiquiti is a well managed company with an overarching business model that is highly flexible, and has largely helped the company combat severe macroeconomic challenges. Apart from collaborations to improve offerings, we believe that the company’s stellar market traction of UniFi products, namely, UniFi AC access points and UniFi Switch, is expected to drive growth going forward.
Also, Ubiquiti is strongly committed toward reducing its operational cost by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of Ubiquiti Community. On the back of these efforts, the company has been witnessing significant improvement in gross margins, largely led by cost-reduction strategies.
Ubiquiti currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the same space include Comtech Telecommunications Corp. (NASDAQ:CMTL) , QUALCOMM Incorporated (NASDAQ:QCOM) and Blue Calypso, Inc. (OTC:BCYP) . All the three stocks carry a Zacks Rank #2 (Buy).
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