Matterport & Belden Enter Global Alliance To Digitize Built Environments For Networking And Connectivity
Portfolio Pulse from Benzinga Newsdesk
Matterport, Inc. (MTTR) and Belden Inc. (BDC) have formed a global alliance to provide 3D digital twin-powered connectivity solutions for facilities management. This partnership leverages Matterport's 3D digital twin platform and Belden's network infrastructure expertise to support industrial automation, smart buildings, and sustainable manufacturing. The collaboration aims to enhance asset performance and production monitoring while reducing CO2 emissions. Both companies are part of the AWS Partner Network and will work with AWS to deliver operational transformation solutions.
November 14, 2023 | 2:25 pm
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Belden's collaboration with Matterport to integrate 3D digital twins into its network solutions could strengthen its offering in the industrial automation and smart building markets.
Belden's partnership with Matterport is expected to enhance its product offerings and could lead to increased demand for its network solutions. The focus on sustainability and secure data management is likely to resonate with current industry trends, potentially leading to a positive short-term impact on BDC's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Matterport's alliance with Belden to provide 3D digital twin solutions for facilities management could enhance its market position and lead to increased adoption of its platform.
The partnership with Belden is likely to be viewed positively as it expands Matterport's reach in industrial and smart building sectors. The association with sustainable manufacturing and CO2 reduction aligns with ESG trends, which could attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80