Riding on a software-driven, data-centric approach that helps customers build their cloud architecture, Arista Networks, Inc. ANET has surged 12.5% over the past three months compared with the industry’s growth of 10.2%. It has also outperformed its peers like Juniper Networks, Inc. JNPR and Cisco Systems, Inc. CSCO over this period. While Cisco has gained 1.5%, Juniper has declined 0.5%.

Three-Month ANET Stock Price Performance

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Healthy Demand Trends Buoy ANET

Arista is benefiting from strong momentum and diversification across its top verticals and product lines, backed by an improved market demand supported by a flexible business model and solid cash flow. As more and more business enterprises transition to the cloud, the company is well-positioned for growth in the data-driven cloud networking business with proactive platforms and predictive operations.

Arista holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data center segment. It is gradually gaining market traction in 200 and 400-gig high-performance switching products. 

Moreover, Arista offers one of the broadest product lines of data center and campus Ethernet switches and routers in the industry. It provides routing and switching platforms with industry-leading capacity, low latency, port density and power efficiency. The company also innovates in areas such as deep packet buffers, embedded optics and reversible cooling. Portfolio strength has translated into solid revenue growth for the company over the years.

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ANET Focusing on Cloud-Native Cognitive Software

Arista boasts a multi-domain modern software approach built upon a unique and differentiating foundation, the single EOS (Extensible Operating System) and CloudVision stack. The versatility of Arista’s unified software stack across various use cases, including WAN routing and campus and data center infrastructure, sets it apart from other competitors in the industry. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance and programmability, enabling integration with third-party applications for network management, automation and orchestration.

With customers increasingly deploying transformative cloud networking solutions, the company has announced several additions to its multi-cloud and cloud-native software product family with CloudEOS Edge. It has introduced cognitive Wi-Fi software that delivers intelligent application identification, automated troubleshooting and location services. This supports video conferencing applications like Microsoft Teams and Zoom.