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NETSCOUT Systems Inc. reports developments in enterprise network observability, carrier service assurance, cybersecurity and Distributed Denial-of-Service protection. The company’s updates commonly address fiscal results, service assurance and cybersecurity revenue trends, financial outlooks, and the role of its visibility platform and deep packet inspection at scale technology in monitoring performance, availability and security across digital networks.
Recurring product news includes observability enhancements, AIOps capabilities, AI-ready smart data for communications service providers, DDoS threat intelligence, and SSL/TLS certificate monitoring. NETSCOUT also reports corporate and portfolio actions, including its completed acquisition of assets from DigiCert’s DDoS protection business, alongside investor conference participation and earnings-call announcements.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its collaboration with Amazon Web Services (AWS) to assist ENGIE IT in migrating workloads to the cloud. This partnership enhances visibility and service assurance through NETSCOUT's technology, ensuring high service performance standards. Notably, the AWS Gateway Load Balancer facilitates this integration, providing deep packet inspection and improved network visibility. NETSCOUT's achievements in AWS Network Competency and AWS Migration Competency highlight its expertise in secure cloud migrations.
NETSCOUT (NASDAQ: NTCT) has launched a new integration between its nGeniusONE service assurance solution and ServiceNow IT Operations Management (ITOM). This integration enhances service triage and reduces time spent on service tickets by allowing users to generate alerts and queries in real-time. Key features include an Early Warning System for network visibility and integrated troubleshooting capabilities that enable rapid identification of service issues. This integration aims to improve operational efficiency and provide actionable insights for users.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) has unveiled new unified communications-as-a-service (UCaaS) capabilities for its Smart Edge Monitoring solution, aimed at optimizing employee experiences in remote and hybrid work environments. These capabilities enable early detection of performance issues across diverse networks and UCaaS platforms like Zoom, Cisco Webex, and Microsoft Teams. According to research, 93% of enterprises have increased UC&C platform use during the pandemic, resulting in a surge of helpdesk tickets related to communication problems.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) released research indicating that over 93% of enterprises increased their use of unified communications and collaboration (UC&C) platforms since the COVID-19 pandemic. However, this surge has led to a rise in IT helpdesk requests, with 43% of organizations reporting over half of their tickets related to UC&C issues. Major concerns include technical challenges affecting employee productivity. IT leaders prefer Microsoft Teams (42%) as their UC&C platform, while 86% plan to consolidate tools used in the next year.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its achievement of the AWS Migration & Modernization Competency status, recognizing its technical proficiency in aiding customers with application migration and modernization on AWS. This designation aligns NETSCOUT as a premier AWS Partner, showcasing its capabilities in optimizing operational costs and enhancing application performance. The recognition facilitates NETSCOUT's support for enterprise cloud deployments while ensuring business continuity.
NETSCOUT SYSTEMS (NASDAQ: NTCT) announced enhanced security for AWS customers through its Omnis Cyber Intelligence (OCI) integration with AWS Security Hub. This integration allows for improved visibility of cybersecurity threats during workload migration to AWS, detecting suspicious activities in real-time. OCI’s capabilities include preventing infections, stopping future attacks, and facilitating investigations of compromised assets. NETSCOUT’s partnership with AWS emphasizes its commitment to evolving cloud security, helping enterprises strengthen their security posture in increasingly complex infrastructures.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) announced its participation in several upcoming investor events. On November 16, 2021, the company will engage in the 2nd Annual Needham Virtual Tech Week Conference through 1x1 meetings. The next day, November 17, NETSCOUT will join the RBC Capital Markets Global Technology, Internet, Media & Telecom Conference, featuring a fireside chat at 11:35 a.m. ET and 1x1 meetings. Lastly, on December 1, NETSCOUT will participate in the Credit Suisse 25th Annual Technology Conference in Scottsdale, AZ, also with 1x1 sessions.
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported its Q2 FY22 financial results, highlighting a total revenue of $211.9 million, up from $205.3 million year-over-year. Product revenue increased to $101.6 million, while service revenue declined slightly to $110.3 million. Net income was $7.9 million ($0.11 per diluted share), reversing a loss from the prior year. The company announced an outlook of $835 million to $865 million in revenue for the fiscal year. New product offerings, including Omnis Cyber Intelligence, are also positioned to enhance growth.
NETSCOUT SYSTEMS (NASDAQ: NTCT) has launched Omnis Cyber Intelligence (OCI), an innovative network security software solution designed to enhance cybersecurity capabilities. This solution identifies suspicious activities in real-time, allowing for early threat detection and reducing the risk of future attacks. OCI integrates smoothly with existing security ecosystems and optimizes the effectiveness of deployed defenses. As cyberattacks rise, this launch aims to empower IT security teams with actionable intelligence, enhancing their response to growing threats.
NETSCOUT SYSTEMS (NASDAQ: NTCT) announced its new Visibility as a Service (VaaS), offering 24/7 IT monitoring and problem-solving. This service utilizes NETSCOUT's nGenius® solutions to assist corporate and government IT organizations worldwide, addressing challenges exacerbated by digital transformation and remote work trends. The global managed services market is projected to grow at a CAGR of 7.9%, reaching $354.8 billion by 2026. VaaS enhances IT efficiency and delivers proactive reporting and monitoring to improve end-user experiences.