NETSCOUT and Vodafone Extend Relationship Through Multi-Year Network Monitoring Agreement

Rhea-AI Summary

NETSCOUT Systems (NASDAQ: NTCT) announces a multi-year agreement with Vodafone to enhance network monitoring and performance across Vodafone's hybrid and 5G Standalone environments. Utilizing NETSCOUT's InfinistreamNG, Vodafone gains real-time, end-to-end visibility of its physical and virtual networks, facilitating improved analysis of packet data. This partnership aims to bolster service offerings and customer experience through advanced performance management and cybersecurity solutions. Key executives from both firms highlighted the value of this collaboration in driving next-generation telecommunications infrastructure.

Positive

• Multi-year agreement with Vodafone ensures long-term business and revenue.
• Enhanced visibility and smart data across Vodafone’s hybrid network, including 5G Standalone.
• Improved customer service experience through real-time network monitoring.
• Partnership strengthens NETSCOUT's market position in telecommunications.

Negative

• None.

Tech Expert

The partnership between NETSCOUT and Vodafone underscores the pivotal role of network monitoring and cybersecurity in the modern telecommunications landscape. By leveraging NETSCOUT’s InfinistreamNG, Vodafone gains deeper insights into its network, enhancing performance and reliability—key aspects in maintaining competitive edge and customer satisfaction. Integrating this technology into their 5G Standalone environment further positions Vodafone to offer next-generation services with greater efficiency and security. This is particularly significant in a landscape where 5G adoption is rapidly expanding. The seamless visibility across hybrid environments allows Vodafone to preemptively address potential issues, reducing downtime and enhancing customer experience.

Financial Analyst

From a financial perspective, this extended partnership is a robust indicator of NETSCOUT’s recurring revenue stream and strengthens its foothold in the high-growth telecommunications sector. The multi-year aspect of the deal suggests a stable, predictable cash flow, which is favorable for NETSCOUT’s financial health. For Vodafone, the enhanced performance and customer satisfaction that can be derived from such technology are likely to retain and attract more customers, translating into better financial performance over time. Investors should note that while the immediate impact on earnings might be limited, the long-term benefits in terms of customer retention and reduced operational costs are significant and align with broader market trends towards 5G and digital transformation.

Delivers Enhanced Visibility and Smart Data Across Entire Hybrid Environment, including 5G Standalone

WESTFORD, Mass.--(BUSINESS WIRE)-- NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today announced the extension of its long-term partnership with Vodafone to enhance the performance of Vodafone’s networks for customers.

The multi-year agreement leverages NETSCOUT InfinistreamNG to provide real-time, end-to-end visibility monitoring solutions across Vodafone’s physical and virtual network environment, including 5G Standalone. It gives Vodafone pinpoint visibility of all the component parts of its networks, enabling it to analyze the flow and performance of anonymized and aggregated packet data to enhance the customer experience.

“Vodafone is leading the way in developing next-generation telecommunications infrastructure,” stated Michael Szabados, chief operating officer, NETSCOUT. “We value our relationship in providing them with proven service assurance technology across their entire hybrid environment. Our ability to generate smart data and insights to inform their analytics platform helps them enhance their service offerings at scale.”

NETSCOUT InfinistreamNG helps service providers embrace their transition to next-generation platforms by providing network and application visibility for optimal performance and availability with enhanced security.

“NETSCOUT has been a valuable partner for many years. InfinistreamNG gives us the visibility to analyze packet and flow data for greater control of our services, networks, and applications across our European hybrid environment,” stated Simon Norton, Head of Digital & OSS, Vodafone. “With NETSCOUT’s solutions, we’re able to analyze and enhance our network performance to deliver an exceptional customer experience.”

NETSCOUT’s agreement covers the virtual and 5G environments across Vodafone’s European operations and Vodafone Group entities and services.

Visit our website for more information on NETSCOUT’s service provider solutions.

About NETSCOUT
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) protects the connected world from cyberattacks and performance and availability disruptions through the company’s unique visibility platform and solutions powered by its pioneering deep packet inspection at scale technology. NETSCOUT serves the world’s largest enterprises, service providers, and public sector organizations. Learn more at www.netscout.com or follow @NETSCOUT on LinkedIn, Twitter, or Facebook.

©2024 NETSCOUT SYSTEMS, INC. All rights reserved. NETSCOUT, the NETSCOUT logo, Guardians of the Connected World, Visibility Without Borders, Adaptive Service Intelligence, Arbor, ATLAS, Cyber Threat Horizon, InfiniStream, nGenius, nGeniusONE, Omnis, and TrueCall are registered trademarks or trademarks of NETSCOUT SYSTEMS, INC., and/or its subsidiaries and/or affiliates in the USA and/or other countries. Third-party trademarks mentioned are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240620484654/en/

Editorial:

Chris Lucas

NETSCOUT Systems, Inc.

+1 978-614-4124

chris.lucas@netscout.com

Chris Shattuck

FINN Partners for NETSCOUT

+1 404 502 6755

NETSCOUT-US@FinnPartners.com

Source: NETSCOUT SYSTEMS, INC

FAQ

What is the recent agreement between NETSCOUT and Vodafone about?

NETSCOUT and Vodafone have signed a multi-year agreement to enhance network performance monitoring across Vodafone's hybrid and 5G environments using NETSCOUT's InfinistreamNG.

How does the NETSCOUT and Vodafone partnership benefit customers?

The partnership enhances Vodafone's network monitoring capabilities, leading to improved analysis and control of services, networks, and applications, thereby delivering better customer experiences.

What technology does Vodafone use from NETSCOUT in their new agreement?

Vodafone leverages NETSCOUT's InfinistreamNG for real-time, end-to-end visibility and monitoring of its physical and virtual networks, including 5G Standalone.

Which company is involved in a new multi-year agreement to improve network performance?

NETSCOUT and Vodafone are involved in a new multi-year agreement to enhance Vodafone's network performance and monitoring capabilities.

What areas does NETSCOUT's agreement with Vodafone cover?

NETSCOUT's agreement with Vodafone covers network monitoring across Vodafone's European hybrid and 5G environments.