Investment Thesis
Zebra Technologies provides enterprise asset intelligence solutions including barcode scanners, mobile computers, RFID, and software. Cloud-connected workflows, automation, and services deliver recurring revenue and high margins.
- Omnichannel Commerce: Retailers rely on Zebra for inventory visibility and fulfillment.
- Automation: Robotics, machine vision, and workflow intelligence grow beyond hardware.
- Recurring Mix: Maintenance, software, and managed services exceed 30% of revenue.