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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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UiPath Stock Has Short-Term Pain for Long-Term AI Gain

UiPath stock price

UiPath Inc. (NASDAQ: PATH) shares took an initial dive on its fiscal Q1 earnings release. The culprit was lowered fiscal Q2 2024 revenue guidance that spooked investors. However, the company raised its fiscal full-year 2024 guidance, which the market overlooked on the initial gap down. UiPath is a benefactor in artificial intelligence (AI) adoption.

Enterprise AI platform provider  C3.ai Inc. (NYSE: AI) noted in its recent earnings report that the interest in AI among enterprises is unprecedented. Colgate Palmolive Co. (NYSE: CL) has more than 70 automation and expanded to broader platform capabilities migrating to an integrated platform to consolidate vendor spending and utilize governance capabilities. Notable new client wins in the quarter include Liberty Bank, New York City Health and Hospitals, Vermont Credit Union and Navia Benefit Solutions.

Google Bard Takes the Lead in the AI Wars

The AI wars continue to keep AI in the headlines. The battle between Microsoft Co. (NASDAQ: MSFT) with Open.ai ChatGPT versus Alphabet Inc. (NASDAQ: GOOGL) and Google Bard AI continues to develop daily. Each company is trying to one-up the other. While ChatGPT took the initial lead, its limitations regarding current and real-time information stick out like a sore thumb. Google's search engine has much more relevant data than Microsoft's Bing, giving Bard the edge regarding training data.

Chat-GPT’s Frustrating September 2021 Cut-Off Date Limitation

This is evident with Google’s launch of its Bard AI, having an edge regarding more current financial and stock market-related information. In contrast, the premium ChatGPT-4.0 continually and frustratingly points out that it can’t provide “real-time updates or analyze events” that occurred after its September 2021 cut-off date. Isn’t AI supposed to be “learning” new information constantly?

Bard Asserting Early Dominance

Google Bard AI takes the win regarding current and recent financial and business information. A simple query, "Why did PATH stock drop on its fiscal Q1 2024 earnings report?" will yield different results. Chat-GPT makes excuses and gives generic reasons for what may have caused the shortfall, while Bard AI provides specific bullet points and facts pulled from its earnings report.

Profitable and Growing

On May 24, 2023, UiPath released its fiscal first quarter 2024 earnings report for the quarter ending in April 2023. The company saw earnings-per-share (EPS) of $0.11, excluding non-recurring items, versus consensus analyst estimates of $0.02, beating by $0.09. Revenues rose 18.2% year-over-year (YoY) to $289.6 million, beating analyst estimates for $271.24 million. Annual run rate (ARR) grew 28% YoY to $1.248 billion. Net new ARR was $45 million. Dollar-based retention was 122%. This means existing clients are adding new products and services.

Co-CEO Comments

UiPath Co-founder and Co-CEO Daniel Dines added, “As a leader in AI-powered automation, customers are partnering with UiPath to harness the combination of generative AI and automation in an enterprise-grade platform,” He continued. “For years UiPath has invested in ML models and domain-specific AI for understanding interfaces, mining tasks, and processing documents and communications. Combining this foundation with the recent advancements in generative AI further strengthens our platform, unlocking a new wave of opportunities to democratize automation, increasing the number of use cases and driving faster time to value and overall ROI."

Mixed Guidance

UiPath lowered guidance for Q2 fiscal 2024 revenues between $279 million to $284 million versus $284.32 million consensus analyst estimates. The company expects ARR from $1.301 billion to $1.306 billion as of calendar year July 31, 2023. UiPath raised fiscal full-year 2024 revenues between $1.267 billion to $1.272 billion versus $1.25 billion consensus estimates. ARR is expected between $1.427 billion to $1.432 billion.   

UiPath analyst ratings and price targets can be found on MarketBeat.

Uipath stock chart

 

Weekly Ascending Triangle

The weekly candlestick chart for PATH illustrates the weekly ascending triangle pattern. The triangle commenced on the swing low of $10.40 in October 2022. Share staged a rally to a high of $18.34 in January 2023. The weekly stochastic oscillates from the 10-band to the 80-band peak before crossing back down. The stochastic coiled back up through the 60-band as shared surged again to test the $17.50 to $18.12 range four more times to put in a flat top trendline for the ascending triangle. While triangles require a flat top and rising trendline, which illustrates the higher lows against a flat top, PATH fell below the rising triangle trendline towards $12.38 before bouncing on the weekly market structure low (MSL) breakout through $14.82 to $16.52, heading into earnings. The fiscal Q1 earnings release triggered a sell-off towards the $13.26 support level before a snapback bounce to $16. Pullback support levels are $15.42, $14.82 weekly MSL trigger, $14.02 and $13.26.

 

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