We announced 2017 Q1 preliminary financial results, reporting net revenues of $1,221.0 million, an increase of 11% year-over-year and a decrease of 12% sequentially. In response, Rami commented,
"We had a positive start to 2017, delivering strong year-over year revenue and earnings growth. I am proud of the strength of our product and solution portfolios, pleased with the diversification of our customer base, and confident in our ability to execute to our strategy. We continue to drive strong momentum with cloud solutions across our key verticals."
Next week at NFV World Congress, May 2-5, Juniper will demonstrate secure SD-WAN, built on the industry’s most dynamic service creation platform through Cloud CPE that combines WAN, virtual managed services and telco cloud with advanced security, automating the entire service delivery workflow. Catch us at booth #33 to learn more!
This month we announced two customer wins: NET The Netherlands and CloudSeeds. Broadcast company, NET The Netherlands, is now supported by Juniper to deliver next generation, cloud-based TV production services. Cloud provider, CloudSeeds, will utilize Juniper's SDN, networking and security portfolio to provide an IaaS foundation with the Juniper AppFormix analytics solution. See featured content below for more detail on these recent customer wins and our Q1 financial results.
Last week at OFC, we announced Open Cloud Interconnect. Our Data Center Interconnect (DCI) solution delivers versatile, full-stack DCI networks designed and optimized for distributed or centralized cloud environments. Open Cloud Interconnect can be enabled from leading Juniper switching and routing platforms at the data center spine layer or the data center edge, incorporating integrated coherent optics or standalone compact optical DCI platforms to address any DCI use case for any data center operator. This solution is compatible with BTI technology.
Earlier this month, Juniper was a Diamond Sponsor of MPLS + SDN + NFV World Congress in Paris. This year's overarching theme was how to evolve from network management to orchestration. In this context, Juniper was advocating autonomous networks that can configure, monitor and maintain themselves, adapting to their operating environments with little or no human intervention. Juniper calls this the Self-Driving Network™.
We also announced a strategic organizational change this month. To increase alignment between strategy and execution, Juniper has created a new position of Strategy and Product Line Management, senior vice president, and has appointed Kevin Hutchins to this role. Additionally, Juniper's engineering organization now reports into chief development officer, Andy Athreya. This coincides with the departure of Jonathan Davidson.
This month’s featured content highlights Vodafone Group on recognizing Juniper as an outstanding strategic partner, A2B Internet deploying Juniper's vMX virtual routers, digs deeper into Open Cloud Interconnect and provides more details regarding our organizational change.
February has been a busy month for Juniper! Two weeks ago you may have caught us at RSA, where we announced our technology alliance partnerships to expand Software-Defined Secure Networks. Following RSA, Juniper hosted its first SDN and Network Automation college-student competition in our Silicon Valley OpenLab. Currently, we are wrapping up at Mobile World Congress in Barcelona, where we announced we are partnering with Affirmed Networks and Netronome to deliver a scalable cloud solution for mobile subscriber services. Our theme is "Are you ready for Digital Cohesion?" and we are showcasing various mobile networking solutions and partnerships that help build a cloud-native IP platform that will prepare customers for 5G, IoT and ultimately Digital Cohesion. This Mobile Cloud Architecture will provide robust solutions to help mobile operators.
In addition to our activities this month, we are excited to share that Juniper has collaborated with Sony to deliver our switching technology to support Sony's IP Live production solution, enabling broadcasters to capture and distribute live coverage of events globally. We also revealed survey results that show consumers and businesses recognize the advantages of digital cohesion. We are proud to share that Vodafone has selected Juniper as a Vodafone Global Approved Vendor for its Contrail Networking software-defined networking (SDN) solution. Additionally, Juniper participated in the recent "Telefónica Talks" technology overview event for the company's 17 global operating units to address the topic of 5G with thousands of Telefónica employees globally, which we discuss further in our featured content.
For more information on our partnerships, survey results, OpenLab competition and Sony collaboration, see featured content below.
Juniper kicked off 2017 with record results in switching, routing, cloud and overall revenues followed quickly by enhancements to Juniper Networks Unite data center and multi-cloud solutions. As always, we also recap marquee customer wins from the month.
Juniper today announced Juniper Networks® Unite Cloud, a transformative data center framework that gives enterprises the end-to-end solutions to simplify the creation and management of hybrid, multi-cloud environments. As part of Juniper Networks Unite, a secure, agile enterprise architecture, Unite Cloud is designed to reduce the total cost of ownership while increasing long-term return on investments.
We announced our 2016 Q4 financial results, reporting net revenues of $1,385.6 million, 5% increase YoY and an increase of 8% sequentially. For fiscal year 2016, Juniper's net revenues were $4,990.1 million, an increase of 3% year-over-year. In response, Rami commented,
"I am pleased to report year-over-year revenue and non-GAAP earnings growth after a challenging start to 2016. We believe we are successfully executing on our strategy to diversify our business and capture share in the cloud and cloud-enabled segments of our market. Our innovation pipeline and product portfolio are strong and position us well as we head into 2017."
We are excited to share three notable customer wins this month: LG U+, PacketFabric and Tokyo Stock Exchange. LG U+ has successfully rolled out Korea’s first ever carrier-grade virtual routing deployment using Juniper’s vMX and EX switches. PacketFabric chose Juniper switches to provide increased flexibility to support their next-generation cloud networking platform, enabling cost-effective capacity at terabits of scale. The Tokyo Stock Exchanged selected the MX480 3D Universal Edge Router to increase performance, agility and stability. To hear more about these wins, the new Juniper Unite Cloud and Q4/2016 financial results, please see the featured content below.
2016 is the year that Juniper got its security mojo back in a big way. We’re firing on all cylinders, from software to platforms to sales and across the market segments we address. Let it be known that we are no longer in catch up mode. With the goal of leading in security innovation, Juniper is executing on its vision for a Software Defined Secure Network (SDSN) – a secure network addressing real-time threat detection, automated enforcement and adaptive policies across the entire network.
It’s no secret that there is a major transformation underway as the industry moves to the cloud with automation at the forefront, as this is the only way the networking industry can scale for the long term. However, cloud and cloud services will only be successful if the network that connects to consumers is capable of delivering the experience end users require. For example, if it wasn’t for the wide area network now running on high-performance routers, we would still be watching videos at home by putting little silver disks in DVD players! As an industry, we’ve thankfully moved beyond this with streaming data services from cloud data centers over high-performance networks that must continue to scale.Read more...
We kicked off October with our second annual customer summit, NXTWORK 2016. The summit brought together Juniper executives, customers, partners, press, analysts and IT decision makers to share industry knowledge and perspectives on the future of networking. At the summit, we unveiled enhancements to our security portfolio, opened the doors to our Silicon Valley-based OpenLab, and addressed the future of the networking industry and our vision for the era of Digital Cohesion.
We are pleased to announce Advanced Military Maintenance Repair and Overhaul Center has built a mission-critical network infrastructure with Juniper's switching, security and network management technology.
Juniper announced 3Q 2016 financial results this week. Net revenues for the third quarter of 2016 were $1,285.3 million, an increase of 3% year-over-year and an increase of 5% sequentially.
Check out the featured content below to hear more about the expansion of our security portfolio and Advanced Military Maintenance Repair and Overhaul Center.Read more...
Juniper has been racking up security industry rankings and awards this year for our next generation network firewalls. This is impressive proof that it’s time to take a fresh look at Juniper’s enterprise security portfolio. See for yourself why independent analysts like Gartner and NSS Labs are concluding that Juniper deserves a place on your next enterprise firewall short list.Read more...
This month, Juniper announced three important milestones in our alliance strategy. First, we signed an agreement with Lenovo, in which Lenovo will facilitate distribution of Juniper products on a standalone basis or together with Lenovo’s products in China. Next, Juniper's QFX5100 switch line was certified with VMware's NSX solution to help offer our customers the integration they need to succeed. Finally, we made updates to our partner advantage program to present new opportunities for our partners.
We have successfully closed on the BTI acquisition announced earlier this year. We have announced another investment in optical, this time in Aurrion. Juniper has entered into an agreement to acquire Aurrion, a disruptive innovator in silicon-photonics technology. We believe this acquisition will strengthen Juniper’s ability to bring the most advanced and most cost effective network products to market more quickly.
Check out this month’s featured content for more information on the Lenovo announcement, VMware's approval of QFX5100 switches and our partner program updates.
“If companies truly want to place customers in the center of their universe, as they claim they do, then they must use predictive analytics to reduce bias and reveal hidden truths about who buyers really are, what they really want, and how they really behave.” - Kathleen SchaubRead more...
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