On Tuesday, December 15th at 11 am EST (2 pm PST), we will be hosting Chris DePuy of 650 Group for an expert fireside chat on the communications equipment industry and the outlook going into 2021.
Communications is experiencing significant upward drivers from pandemic lockdowns and the increased remote access demand from consumers. 5G is now on everyone’s radar as Apple, Verizon, T-Mobile, and AT&T push the new wireless technology to consumers. Global internet penetration has grown from 25% in 2010 to 62% in 2020 (Internet World Stats) and is projected to grow to 90% by 2030 (Cybersecurity Ventures). However, consensus projections are for 1% growth in industry revenues over the next three years, down from a +5% CAGR over the last decade.
We initiated coverage the comm equipment sector earlier this quarter. You can read our initiations and latest quarterly reports on Cisco Systems, Extreme Networks, and Infinera by visiting our website.
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Chris DePuy is a Technology Analyst/Co-Founder at 650 Group, a leading market intelligence research firm for communications, data center, and cloud markets. He has been a leading industry research analyst for nearly a decade, covering diverse technology markets such as broadband access, Wi-Fi, Mobile RAN, cloud security, optical transport, IoT and semiconductors. He has over 20 years of financial analysis, business analysis, and engineering experience. He has been a consultant with TS Cap and a research analyst covering software, communications, and Internet with Bowman Capital and Morgan Stanley. He was named the top-ranking Equity Research Analyst in the data networking sector by Institutional Investor and Greenwich Research Survey. The co-author of a book called The Internet Report (Harper Business, 1996), he holds a Masters in engineering from Cornell and a BS in engineering from Union College.
650 Group is a market research company focused on researching Cloud and IoT growth markets, as well as the broader communications and Information Technology in,dustries. It was created to enable flexibility in working with our customers. They provide research services including quarterly market share reports, five-year market forecasts, custom projects related to market intelligence and marketing, expert witness services, and weekly hot topics newsletter. The company’s market intelligence research focuses on Cloud, IoT, Ethernet switches, Wireless LAN (WLAN), Telecom Core Networks, Servers, Storage, and Network Functions Virtualization (NFV).
ABOUT THE ANALYST
John Roy, Ph.D. – Managing Director
IT Hardware & Communications Equipment Research
In his role at Water Tower Research, Dr. Roy provides cutting-edge equity research coverage of IT hardware companies supplying hardware to both commercial and individual users, and communications equipment companies which power the connected world.
Prior to Water Tower Research, Dr. Roy worked as lead analyst at UBS covering IT Hardware, Communications Equipment, and IT Services. During his 20 years covering technology stocks on the sell-side, Dr. Roy was also a lead analyst covering Alternative Energy, Advanced Materials, and Nanotechnology at Merrill Lynch, W.R. Hambrecht, and Janney Montgomery Scott. Before his sell-side equity research career, Dr. Roy was a lead software architect at J.P. Morgan, an AI sales engineer at Neuron Data, and a systems engineer and AI researcher at Hughes Aircraft.
Dr. Roy holds a Ph.D. degree in Computer Science from the University of California, Irvine, a MSEE degree from the University of Southern California, and a BSEE degree from the University of California, San Diego where he was a Regents Scholar.
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