Ethernity Networks Ltd, a leading provider of network solutions, is forecasting a remarkable growth trajectory in the coming years, fueled by promising partnerships with two Original Equipment Manufacturer (OEM) customers. According to Ilan Tevet, the company’s vice president of marketing and business development, Ethernity is in advanced discussions with these OEMs, testing the Universal Edge Platform 2025 (UEP2025) platform for launching solutions tailored to distinct markets.
One of the engagements revolves around a 25 Gigabit Ethernet Carrier Ethernet switch designed for business services, while the other involves a similar switch with bonding capability for the wireless backhaul market. These collaborations are expected to significantly enhance Ethernity’s revenue in 2024, showcasing a remarkable growth trajectory.
Tevet highlighted the increasing demand for high-capacity Carrier Ethernet Access switches, driven by the widespread adoption of cloud services and the surge in video conferencing and AI applications, which intensify bandwidth usage. Additionally, the wireless backhaul market is expanding to accommodate the escalating data consumption by smartphones, with a forecasted CAGR of 37% through 2027. Ethernity addresses the challenges of environmental sensitivity in wireless link capacity through its patented bonding technology, enabling optimal service delivery by aggregating multiple wireless links.
Furthermore, Ethernity offers versatile business models to meet OEM customer needs, including system sales for rapid revenue generation, a licensing model for custom integration, and the development of an Application-Specific Integrated Circuit (ASIC) for cost reduction and performance enhancement. With its innovative solutions and flexible approach, Ethernity Networks is well-positioned to capitalize on the growing demand for high-performance network solutions across various industries. The company’s forecasted substantial growth with these new OEM engagements underscores its commitment to delivering cutting-edge technologies and meeting the evolving needs of its customers.
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