Plantronics Inc. (POLY) Stock Is Getting Interesting

Plantronics Inc. (NYSE: POLY), a provider of communication hardware and software, recently announced a new solution for its partner Microsoft. During a time when remote tools are in high demand, such development might act as a sales catalyst.

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POLY has introduced Poly Room Solutions for the Microsoft Teams platform. This new set of tools enables you to manage audio and video conferencing in a variety of room sizes. The new tools improve the meeting experience by optimising room audio analysis, speaker tracking, and framing technologies. People on the second and third planes, for example, maybe difficult to see and hear during a routine meeting. However, Poly’s DirectorAI technology processes information using sophisticated algorithms to focus on speakers regardless of where they are in the room.

As the need for telecommuting grows, Poly’s video conferencing solutions might be a sales driver. Furthermore, huge corporations want to continue operating in this manner long after the epidemic has ended. As a result, high-quality communication solutions will continue to be in demand in the business.

It’s worth noting that Plantronics Inc. (POLY) is still one of the most well-known premium audio and video product producers. Headsets, video and audio conferencing equipment, desk phones, analytics software, and communications services are among the company’s offerings. Poly DirectorAI, which uses machine learning to deliver automated transitions, framing, and real-time tracking, as well as NoiseBlockAI and Acoustic Fence, which prevent undesired background noise, are among the company’s breakthrough solutions.

Because telecommuting was almost the only option during the epidemic, the demand for Poly’s solutions increased. The company’s solutions have the benefit of providing high-quality communication.

POLY stock lost -4.37% to close Thursday’s session at $30.83. The stock volume remained at 0.46 million shares. Further, the company has a current market of $1.16 billion and its outstanding shares stood at 42.54 million.

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