Lumen Technologies (NYSE:LUMN)
Lumen Technologies (NYSE:LUMN) has just released a new line of products called Lumen SASE, which stands for Secure Access Service Edge. These products are aimed to improve the digital purchasing, configuration, and management of corporate SASE.
As the number of cases of cyberattacks continues to rise, commercial enterprises need to strengthen their IT security to better secure their data. The new SASE solution, driven by the Lumen platform, makes it simpler for customers to acquire and administer advanced security software solutions such as SD-WAN and extend security to any device for any user, regardless of location.
Customers can go to Lumen Marketplace to better understand the new solution, and then they can buy a solution that meets their needs after visiting the marketplace. Customers will be able to configure their solution according to the number of users and locations, and they will also be able to add additional sites, users, and services. In addition, clients can get notifications and manage tickets through Lumen SASE Manager, which is located within the Control Center portal.
Lumen Technologies (NYSE:LUMN) said further that the combination of Lumen SASE Solutions and the Lumen SASE Manager would assist companies in improving their infrastructure networks and bolstering their cybersecurity. For its SASE solution, the company teamed with companies such as Fortinet and VMware.
The company (NYSE:LUMN) provides its commercial and residential customers with a comprehensive range of integrated services, including wholesale network access, high-speed Internet access, managed hosting and colocation services, and many more.
The company (NYSE:LUMN) keeps pouring significant money into the Quantum fiber and Enterprise business. In the most recent published quarter, the corporation increased the number of subscribers to quantum fiber by 28,000, bringing the total number of subscribers to 858,000.
Recent announcements by the company include an investment in edge computing, which will allow the company to expand its platform and provide customers with a Lumen Edge Virtual Machine (VM). By leveraging the Lumen fiber network, Lumen Edge VM can give users low latency, which enables customers to work efficiently on next-generation applications.
Zacks presently ranks the company as the third-best stock in its industry (Hold). Compared to the 62.6% decline experienced by the industry over the past year, the company’s stock price dropped by 19.4%.
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