It's always a joy when Allah blesses you with a child. Children bring happiness and joy, but also trials and great responsibilities. One of the very first duties you have toward your new child, besides physical care and love, is to give your child a name that carries honor and Islamic meaning behind it.
It is reported that the Prophet (peace be upon him) said: "On the Day of Resurrection, you will be called by your names and by your fathers' names, so give yourselves good names." (Hadith Abu Dawud)