Trimble's (TRMB) Solutions Gain TX-RAMP Level 2 Certification

Zacks03-15

Trimble TRMB unveiled a significant development in its cloud software solutions, particularly targeting asset lifecycle management. The announcement entails that two of Trimble’s flagship offerings, e...

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The announcement entails that two of Trimble’s flagship offerings, e...</p>\n\n<a href=\"https://finance.yahoo.com/news/trimbles-trmb-solutions-gain-tx-153300787.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TRMB","symbol_name":"天宝导航","start_time":0,"source_url":"https://finance.yahoo.com/news/trimbles-trmb-solutions-gain-tx-153300787.html","article_id":"2419907060","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hb34T5JpqfOKFdxuauyatA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/560ce7090345bb7408c706b8e0a8c3fc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2419907060","pubTimestamp":1710516780,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of Trimble have gained 17.2% year to date, outperforming the Zacks Computer & Technology sector’s return of 12%.Trimble is benefiting from strength across buildings and infrastructure, and transportation segments. Bookings in AECO software businesses increased more than 30% year over year, driven in part by the strong cross-sell and TC1 performance in fourth-quarter 2023.Strong momentum in the transportation segment, driven by organic growth in Enterprise and MAPS, is a positive. Transporeon reported record bookings in the","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TRMB":"天宝导航","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LOGI":"罗技","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","SNPS":"新思科技","RAMP":"LiveRamp Holdings, Inc.","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","STIP":"iShares Barclays 0-5 Year TIPS B","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4023":"应用软件","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","META":"Meta Platforms","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4592":"伊斯兰概念","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0444971666.USD":"天利全球科技基金","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4157":"电子设备和仪器","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","BK4587":"ChatGPT概念","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4524":"宅经济概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","TX":"特尔尼翁钢铁","BK4077":"互动媒体与服务","LU1923622614.USD":"Natixis Thematics Meta R/A USD","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4134":"信息科技咨询与其它服务","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD"},"translate_title":"Trimble（TRMB）解决方案获得TX-RAMP二级认证","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TX":1,"TRMB":1,"STIP":1,"SNPS":1,"RAMP":1,"META":1,"LOGI":1},"content_text":"Trimble TRMB unveiled a significant development in its cloud software solutions, particularly targeting asset lifecycle management. The announcement entails that two of Trimble’s flagship offerings, e-Builder Enterprise – Commercial and specific functionalities within AgileAssets, have attained a Level 2 Certification under the Texas Risk and Authorization Management Program (TX-RAMP).The certification underscores Trimble’s commitment to adhering to stringent security standards, particularly crucial in the context of cloud-based data processing for Texas state agencies. As part of the Texas Department of Information Resources, TX-RAMP ensures the security of commercial cloud computing products and services utilized by state entities, mitigating risks associated with data processing, storage and transmission.Trimble’s e-Builder Enterprise serves as a digital project delivery software tailored for capital improvement programs (CIP) and State Transportation Improvement Programs (STIP). Given the substantial influx of federal grants — approximately $51 million over three years — allocated for the adoption of advanced digital construction management systems by U.S. state departments of transportation (DOTs), Trimble’s TX-RAMP-certified solution emerges as a timely and indispensable asset.Similarly, AgileAssets, equipped with TX-RAMP-certified capabilities in pavement management and maintenance management, empowers DOTs and infrastructure management organizations to optimize asset maintenance and management. Leveraging predictive data analytics, AgileAssets facilitates informed decision-making to ensure infrastructure safety, affordability and longevity.Trimble’s solutions help in improving infrastructure management by digitizing and streamlining workflows across the asset lifecycle. e-Builder and AgileAssets not only bolster data security but also enhance productivity, cost-effectiveness and sustainability.Trimble's TX-RAMP-certified solutions epitomize a paradigm shift in infrastructure management, offering state agencies and organizations a robust framework to navigate the evolving landscape of digital construction and asset maintenance. With a relentless focus on innovation and security, Trimble reaffirms its position as a frontrunner in enabling efficient and resilient infrastructure ecosystems.\nTrimble Rides on Strong Portfolio\nShares of Trimble have gained 17.2% year to date, outperforming the Zacks Computer & Technology sector’s return of 12%. \n\nTrimble Inc. Price and Consensus\n\nTrimble Inc. price-consensus-chart | Trimble Inc. Quote\n\nTrimble is benefiting from strength across buildings and infrastructure, and transportation segments. Bookings in AECO software businesses increased more than 30% year over year, driven in part by the strong cross-sell and TC1 performance in fourth-quarter 2023.Strong momentum in the transportation segment, driven by organic growth in Enterprise and MAPS, is a positive. Transporeon reported record bookings in the recently concluded quarter. Strong growth in subscription and service revenues is driving top-line growth. Increasing recurring revenues in the revenue mix improves visibility.Trimble’s expanding partner base is noteworthy. Its partnership with Sabanto expands its footprint in the domain of autonomous farming technology. Partnerships with the likes of The HALO Trust and its foundation fund, IIT Kanpur and Microsoft Azure have helped TRMB win new clients.Trimble’s commitment to diversifying its portfolio and enhancing technological capabilities through collaborations is expected to drive top-line growth.For first-quarter 2024, Trimble expects revenues between $905 million and $935 million. The company expects non-GAAP earnings between 57 cents and 62 cents per share.The Zacks Consensus Estimate for first-quarter 2024 revenues of $921.15 million, indicating 0.63% year-over-year growth. The consensus mark for earnings is pegged at 59 cents, down a couple of cents and suggesting 18.06% year-over-year growth.\nZacks Rank & Stocks to Consider\nTrimble currently has a Zacks Rank #3 (Hold).Logitech LOGI, Meta Platforms META and Synopsys SNPS are some better-ranked stocks in the broader sector that investors can consider, each sporting a Zacks Rank #1 (Strong Buy) at present. You can find the complete list of today’s Zacks #1 Rank stocks here.The long-term earnings growth rate for Logitech, Meta Platforms and Synopsys is currently pegged at 13.13%, 19.5% and 17.51%, respectively.Shares of Meta Platforms and Synopsys have surged 39% and 6%, respectively, on a year-to-date basis. Logitech shares have declined 1.6% year to date.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLogitech International S.A. (LOGI) : Free Stock Analysis Report\nTrimble Inc. (TRMB) : Free Stock Analysis Report\nSynopsys, Inc. (SNPS) : Free Stock Analysis Report\nMeta Platforms, Inc. (META) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2419907060"}