Ethernity Networks Ltd, a leader in network solutions, is on a promising growth path, thanks to its strategic partnerships with two Original Equipment Manufacturer (OEM) customers. The company is currently in advanced discussions, testing its Universal Edge Platform 2025 (UEP2025) for solutions designed for specific markets. One project involves a 25 Gigabit Ethernet Carrier Ethernet switch for business services, and another focuses on a switch with bonding capability for the wireless backhaul market. These initiatives are expected to significantly boost Ethernity's revenue by 2024.
The demand for high-capacity Carrier Ethernet Access switches is on the rise, fueled by the growing use of cloud services, video conferencing, and AI applications, all of which demand higher bandwidth. Similarly, the wireless backhaul market is expanding rapidly to keep up with the increasing data consumption by smartphones, with a projected CAGR of 37% through 2027. Ethernity's patented bonding technology plays a crucial role in addressing the environmental sensitivity issues in wireless link capacity, ensuring optimal service delivery by combining multiple wireless links.
Ethernity offers flexible business models to cater to the diverse needs of its OEM customers. These include system sales for quick revenue generation, a licensing model for custom integration, and the development of an Application-Specific Integrated Circuit (ASIC) aimed at reducing costs and enhancing performance. With its innovative solutions and adaptable approach, Ethernity Networks is strategically positioned to meet the growing demand for high-performance network solutions across various sectors. The company's forecasted growth with these new OEM engagements highlights its dedication to advancing technology and fulfilling the changing needs of its clientele.
