Another way to accelerate growth, leverage the existing core competencies and technological capabilities that we have inside. Jim Aralis, our CTO, he's going to talk to you guys today a little bit about Microsemi's technological capabilities. I think we've taken a novel approach, and I'm not going to steal Jim's thunder, I really appreciate the way we kind of approached the solution. We look at what we have and we look at where we can expand, expanding capabilities without getting too divergent from who we are. This is going to allow us to integrate additional content on the target applications.
Integration is something that I think you guys have all heard about in the semiconductor space. The real difference from Microsemi is we're not just eating up additional digital content. We're actually taking digital, mixing it with high-voltage, mixing it with an application need like single -- immunity on single event upset, and really offering a solution. And I'll pick one example there. Amir is going to talk on this one as well.
Our sixth gen PoE platform actually takes a 32-bit microcontroller, plops it on a high-voltage analog design with analog circuitry. What we deliver to the customer then becomes a software/firmware, actually high-density digital control, high-voltage design. That -- and we took a little bit of the variability and the design and the future specifications, put that in software. What we deliver is a faster -- fast prototyping, lower cost. We certainly see less expense as a result and a lower overall ownership cost to our customers.
We're also going to leverage our existing end markets, customers and applications. Steve talked about this. This is important. The value of that customer relationship, we recognize, is second to none. And if you look at Microsemi, we'd never been a catalog product company. We don't develop a part, stick it out there and hope that it gets sold. Every single product development effort that we make needs to have a targeted end application, a targeted customer and target market space attached to it. Something that certainly the scale that we have and the customer relationship that we now have will allow us to get additional growth or accelerate that growth certainly through share gain.Read the rest of this transcript for free on seekingalpha.com