Juniper Networks CEO Rami Rahim has explained how the enterprise networking company is in a better position to serve its customers.
Juniper Networks is expecting that Cloud wide area spending trends should present growth opportunities for the company. It is also focusing on leveraging the 400-gig cycle to capture new use cases in the hyperscale market, particularly in the data center interconnect and spine-and-leaf Switching segments.
Juniper Networks has begun shipping merchant and custom silicon-based 400-gig capable product and introduced a cloud optimized version of Junos that offers superior programmability, modularity and open API support.
Juniper Networks plans to introduce additional 400-gig capable products in order to win new hyperscale use cases.
The combination of Contrail Enterprise Multi-cloud and QFX switches offer a compelling value proposition for data center customers looking to move from single-vendor private cloud environments to a multi-vendor multi-cloud state.
Gartner, for a second year in a row, named Juniper as a leader in its Magic Quadrant for Data Center Networking.
The acquisition of Mist Systems will assist Juniper Networks to become one of two industry players that can offer a full portfolio of enterprise Wi-Fi switching, routing, security and SD-WAN solution.
Juniper Networks aims to utilize its presence in channel, a dedicated enterprise sales force and more than 15,000 enterprise customers in order to further monetize from new solutions like SD-WAN and Mist.
“With the availability of new MX 5G line cards, the strength of Contrail orchestration platform and partnership with Ericsson, we are well-positioned to capitalize on our service provider customers’ 5G and telco cloud initiative,” Juniper Networks CEO Rami Rahim said during the earnings call.
Juniper Networks reported 8 percent drop in its revenue to $1.102 billion during the second quarter of 2019.
Sunnyvale, CA-based enterprise networking company said revenue from Service Provider business fell 15 percent and Cloud segment was flat, while Enterprise business dropped 6 percent in Q2 2019.
Revenue from routing fell 15 percent to $416 million and switching dropped 15 percent to $216 million, while security business rose 2 percent to $81 million.
Top 10 customers of Juniper Networks include four from Cloud, five from Service Provider, and one from Enterprise.
Juniper Networks generated revenue of $447 million (–15 percent) from Service Provider and $370 million from (–6 percent) from Enterprise and $285 million from Cloud division during the second quarter.
Juniper Networks generated revenue of $648 million (–4 percent) from Americas, $292 million (–6 percent) from EMEA and $162 million (–26 percent) from Asia Pacific.
Juniper Networks has 8,995 employees, a decrease of 346 employees year-over-year and 73 sequentially — primarily due to restructuring in Q1 2019 and outsourcing of IT services to IBM.