Unity Software U recently announced the launch of Unity Industry. Unity Industry is a set of optimized products and services that retail, infrastructure, manufacturing and other industries can use to create and deploy interactive 3D experiences.
Unity Industry helps enterprises gain an advantage over its customers by changing the 3D data into digital assets. These digital assets create more value, reduce time to market and optimize resources. Unity Industry enables smart factories, human machine interface, sales configuration and product visualization. It transforms every touchpoint into immersive 3D experiences across devices like PC, mobile, augmented reality and more.
Unity Industry’s tools include Unity Enterprise, Industry Success, Pixyz Plugin, Unity Mars and Unity Build Server. Unity Enterprise allows enterprises to handle real time 3D projects. It includes a three-year long-term support. Industry success is exclusive to Unity Industry, which helps to overcome challenges with the help of success advisors.
With Pixyz Plugin, enterprises can import more than 40 3D, CAD and BIM file types to bring source data Unity’s real-time 3D platform. Unity Mars helps create efficient AR apps with purposeful tools. Unity Build Server uses on premise tools to build Unity projects quicker, regardless of network constraints.
Unity Software Inc. Price and Consensus
Unity Software Inc. price-consensus-chart | Unity Software Inc. Quote
Unity Software Faces Stiff Competition
This Zacks Rank #3 (Hold) company is facing stiff competition from giants in different sectors. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Unity Software have decreased 70.4% in the past year compared with the Zacks Computer and Technology sector’s decline of 15.3% in the same period.
The Zacks Consensus Estimate of U for the current quarter is 2 cents which is unchanged in the past 30 days. The Zacks Consensus Estimate for revenues is pegged at $2.1 billion, indicating a year-over-year growth of 51.01%. This indicates that Unity Software believes in its strengths and is looking to give a tough competition to its competitors.
The main competitors of Unity Software in different fields are Electronic Arts EA, Activision Blizzard ATVI and Roblox RBLX.
Electronic Arts is a leading publisher of games across devices like PC, mobile and console. Some top games by EA are Battlefield, FIFA and Need for Speed. Activision Blizzard is one of the world’s largest interactive entertainment companies. It has acquired a lot of companies to do so. Some top game series by Activision Blizzard are Call of Duty, Guitar Hero and Tony Hawk. Roblox is the ultimate virtual world where people come together to share experiences. It is one of the most popular metaverse present in the market. Some top games of Roblox are Theme Park Tycoon, Jailbreak and Speed Run 4.
Electronic Arts and Activision Blizzard compete with Unity Software on video game development whereas Roblox competes as a platform that helps people create. Unity Software, a company that specializes in creating and growing interactive games, is looking to create a niche market of gamers and developers for not only gaming but for business purpose as well.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report
Electronic Arts Inc. (EA) : Free Stock Analysis Report
Unity Software Inc. (U) : Free Stock Analysis Report
Roblox Corporation (RBLX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
