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Will Your Company Survive Technology Disruption?

by Juniper Employee on ‎06-21-2016 04:43 AM

How disruptive is the current technology-driven transformation of business? When you consider that one of the world’s most valuable lodging company (Airbnb) manages no buildings, the biggest ride sharing service (Uber) owns no vehicles, the most influential media company (Facebook) creates no original content, and one of the leading retailers (Alibaba) controls no inventory, it’s clear that technology is overturning traditional business models and familiar tactics that create a competitive advantage.

 

The potential for disruption is so far-reaching that some are calling it the Fourth Industrial Revolution. “The speed of current breakthroughs has no historical precedent,” according to Klaus Schwab, executive chairman of the World Economic Forum. “When compared with previous industrial revolutions, the Fourth is evolving at an exponential rate rather than a linear pace. Moreover, it is disrupting almost every industry in every country.”

 

At the heart of these changes is a new generation of networks and platforms that connect businesses to workers, customers, suppliers and markets quicker than ever before and with greater efficiency. These technologies also make it possible to collect and analyze data on an unprecedented scale in order to drive innovation and decision-making at an ever-accelerating pace.

 

Are businesses ready for the rapid changes that are underway, and the profound disruption that almost certainly lies ahead?

 

To find out, Juniper Networks worked with Wakefield Research to survey more than 2,700 IT and business decision-makers around the world from healthcare companies to retailers, financial services enterprises and service provider organizations.

 

Respondents across all industries expect that significant disruption is coming, and agree that advanced networking capabilities are essential to current and future competitiveness. The research also uncovered barriers that may prevent many companies from adapting to technology change quickly enough to maintain their existing competitive edge or take advantage of future opportunities.

 

Inevitable Disruption

How likely is it that most companies will experience significant change in the near feature?

  • Nearly one-third of business decision-makers anticipate that their company will be confronted by significant disruption within the next 12 months, and more than half of those surveyed expect a new disruptive technology, product or service to emerge in their industry within the next two years.

BDM-Disrupt.png

Unfortunately, many companies aren’t ready to respond.

  • 46 percent of IT decision-makers and half of business decision-makers surveyed say that if a competitor suddenly introduced a dramatically superior product or service, it would take their company at least a year to develop and deliver an answer.

ITDM-Competitor.png

Disconnected with IT

The research suggests that the reason so many companies are unprepared for the disruption that they know is probably just around the corner can be found in the C-Suite.

 

One of the survey’s most surprising findings is the nearly universal belief that senior leaders lack sufficient knowledge of technology advances to keep their organizations at the leading edge of innovation and progress.

IT-Csuite.png

The study also suggests a correlation between the lack of technology awareness and a tendency to underinvest in advanced networking capabilities. Most of those surveyed report that budgetary constraints are the primary obstacles preventing them from upgrading technology systems to keep pace with change and disruption.

 

The result? Outdated infrastructure that slows innovation, increases costs and hampers business growth.

 

Outdated Infrastructure.png

Automation is Imperative

The technology answer, according to the vast majority of those surveyed, is network and IT automation.

 

Over 70 percent of decision-makers across all four industries say they are excited by the opportunities that network and IT automation can create for their organizations.

Automation.png

An even greater percentage believe that network and IT automation will be essential to their company’s future competitiveness.

Automation Essential.png

The research also found that, specifically, network automation plays a key role in driving improvements that translate to tangible value and bottom line business benefits. Today, more than 90 percent of respondents who are IT decision-makers at companies using software-defined networking (SDN) and network functions virtualization (NFV) believe they have gained a significant competitive advantage in the marketplace.

ITDMs_SDN.pngITDMs_NFV.png

They also report that the benefits of SDN and NFV exceed their expectations in capabilities ranging from virtual data center operations to security automation, network visibility, workflow automation, virtual security, virtual routing and more.

SDN Benefits.pngNFV Benefits.png

Whether we truly stand on the brink of a Fourth Industrial Revolution is uncertain, but there’s no doubt that we are in the midst of sweeping disruption and change that promises to affect every industry and touch every business.

 

How well companies prepare and respond will depend on how quickly they adopt advanced networking capabilities that speed decision-making and accelerate innovation.

 

To learn more about what Juniper Networks is doing to help, you can read about the global expansion of our OpenLab innovation centers to help executive leaders embrace network automation technologies.

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About the Author
  • Prior to Juniper acquisition, Ankur was the Founder and CEO of Contrail Systems Inc - a pioneer in standards based network virtualization and scale-out networking software. Ankur has over 15 years of experience in building world-class networking products and leading high performance teams. Prior to Contrail, Ankur served as Chief Technology Officer and VP of Engineering at Aruba Networks, where he played critical roles in the rapid expansion of team, products, and global businesses. Before Aruba, Ankur helped drive Juniper’s initial entry into and expansion of the Ethernet Switching market. Ankur received his MSEE from Stanford University & BSEE from the University of Southern California.
  • I am an experienced leader in the Information Experience (iX) industry. For over 20 years, I've led information organizations at Juniper, Microsoft, Cisco, and Oracle to deliver quality technical documentation and information products to customers and partners across the globe.
  • Bob Dix currently serves as the Vice President of Government Affairs & Critical Infrastructure Protection for Juniper Networks. During his career, he has served in senior leadership roles in industry and government, including serving as Staff Director for the House Government Reform Subcommittee on Technology, Information Policy, Intergovernmental Relations and the Census during the 108th Congress. He represents Juniper on the Industry Executive Point of Contact for the President's National Security Telecommunications Advisory Committee ( NSTAC ), where he chaired the Cybersecurity Collaboration Task Force in 2009. He served as Chair of the Information Technology Sector Coordinating Council ( IT SCC ) from 2008 – 2010 and currently remains a member of the Executive Committee. Mr. Dix was elected in May, 2011 as Chair of the Partnership for Critical Infrastructure Security ( PCIS ). He also serves on the National Security Task Force for the U. S. Chamber of Commerce. He is a member of the AFCEA Cyber Security Committee and Chairs the Supply Chain Assurance Subcommittee for TechAmerica. Additionally, Dix has actively worked to insure and coordinate private sector participation and collaboration with the National Exercise Program, intended to test our nation’s preparedness and resiliency. He served as Chair of the National Private Sector Working Group for National Level Exercise 2011 and 2010. In 2007 and 2009, Dix was honored with a prestigious Federal 100 Award, and was recognized in March, 2010 as the recipient of the annual FCW Industry Eagle Award. Dix also served as a local government elected official in Northern Virginia for 12 years and in his spare time coaches AAU/Travel girls basketball.
  • Jennifer Blatnik is vice president of cloud, security and enterprise portfolio marketing at Juniper Networks with focus on enterprise deployments of security, routing, switching, and SDN products, as well as cloud solutions. She has more than 20 years of experience helping enterprises solve network security challenges. Before joining Juniper, Jennifer served multiple roles at Cisco Systems, Inc., including directing product management for security technologies aimed at small to medium enterprises, as well as supporting managed services, cloud service architectures and go-to-market strategies. She holds a B.A. in Computer Science from University of California, Berkeley.
  • Jerry oversees all aspects of OpenLab which serves as a catalyst to spark the development of new innovative software applications or solutions that leverage the power of SDN/network programmability and intelligence. OpenLab is unique within Juniper and with its polished facility, globally accessible lab, and educational programs – such as the SDN “hackathons,” it serves as a tool for customer, partners, and academia. Prior to this position, Jerry led the development, management and marketing of the company’s strategic partnerships for video/unified communications, optical networking, and content/media delivery. In addition to handling the day-to-day oversight of the partnerships, he established new cross-partner go-to-market processes to drive and manage joint field opportunities. Before joining Juniper, Jerry led the Lucent Technologies application hosting/service provider marketing organization. He has over 25 years of experience in the data networking field with a focus on strategic alliance development, marketing, and technical field support. Jerry possesses a BS degree in Computer Science from St. John’s University in New York. He is active as a Juniper ambassador within the technology and academic community which includes advisory board positions with both NJIT and Rutgers in New Jersey.
  • Kevin Walker is the Security Chief Technology and Strategy Officer for Juniper’s Development and Innovation (JDI) organization. He is responsible for driving the security strategy both internally within Juniper, and externally with investors, partners, influencers, and customers. He provides the guidance required for JDI to conceive, develop and create momentum for industry-leading security solutions. Working closely with the Security Engineering team, Walker identifies the opportunities for improved security, growth, and innovation to deliver the scalable, reliable, and compliant security architecture needed in today’s security landscape. Before joining Juniper, Walker was VP and Assistant Chief Information Security Officer (CISO) at Walmart.com. He has served as a Chief Information Security Officer (CISO), Chief Security Strategist and Director of Information Security across a number of notable companies including Intuit, Cisco, Symantec and VERITAS Software. With over twenty-five years in various computer science and information technology disciplines, focusing on enterprise applications, network design, and information security, Walker possesses research and engineering expertise across of range of technologies including networking protocols, securing applications at the atomic level, cryptography, and speech biometrics.
  • As Juniper’s Senior Vice President of Strategy and Product Line Management, Kevin Hutchins is responsible for defining and enabling Juniper’s strategy from company vision into product execution. This includes driving the company’s inorganic growth through strategic partnerships, venture investments and acquisitions/divestitures. In addition, he is responsible for driving key strategic imperatives, including Juniper’s software strategy and transformation. Hutchins joined Juniper in 2010 as Vice President, Portfolio Management & Business Operations for Juniper’s Development & Innovation team where he led business planning, portfolio rationalization, new product introduction and execution of strategic programs across Juniper’s portfolio of routing, switching and security products.
  • Mike Marcellin is Senior Vice President and Chief Marketing Officer, leading the global marketing team responsible for marketing Juniper’s product and services portfolio and stewarding the brand, driving preference for Juniper in the market, training our partners and account teams, and developing a differentiated information experience for our customers. Before joining the global marketing organization, Marcellin led business strategy and marketing for Juniper’s industry-leading portfolio of high-performance routing, switching and security products. Prior to joining Juniper in 2010, Marcellin served as Vice President of Global Managed Solutions for Verizon, where he oversaw product development and marketing of its managed IP networking, hosting, security and IT solutions for businesses around the world. He also served as Vice President of Global Product Marketing for Verizon Business, executive director of Verizon Business’ IP and Ethernet portfolio as well as leading the company’s eCRM marketing division. Marcellin began his career with MCI in 1994. Marcellin is a Board Member for the Telecommunications Industry Association and a Board Member of US Ignite, an NSF-sponsored initiative. Marcellin holds two patents and was a Rodman Scholar at the University of Virginia, where he received a bachelor of science degree with distinction in systems engineering. He is based in Sunnyvale, California.
  • Masum Mir is Vice President of Product, Solutions & Technical Marketing at Juniper Networks. Masum is responsible for the Switching product line, network management product line and optical technologies. Beside product leadership Masum also leads cloud strategy and solution architecture. Masum has 19 years of experience in communication and data networking industry with Expertise in Ethernet Switching, Data Center, Carrier Ethernet, Routing, overlay & network segmentation, Fabric technology & photonics technology.
  • Paul Obsitnik is Vice President of Service Provider Marketing for Juniper Networks Platform Systems Division (PSD), responsible for the marketing of Juniper’s portfolio of high performance routing, switching, and data center fabric products to Service Providers globally. Paul's team is responsible for marketing strategy, product marketing, go-to-market planning, and competitive analysis worldwide for the Service Provider segment. Obsitnik has extensive experience in marketing, sales and business development positions with a proven track record in creating technology markets. He has served in senior marketing and sales management positions at several companies including BridgeWave Communications, ONI Systems, NorthPoint Communications and 3Com. Paul holds a Bachelor of Science with Honors in Electrical Engineering from the United States Naval Academy and a Master of Business Administration from the Harvard Graduate School of Business. Obsitnik is based in Sunnyvale, California.
  • Pradeep Sindhu founded Juniper Networks in February 1996, and has held several central roles in shaping the company. He currently serves as Vice Chairman of the Board and Chief Technology Officer, and is responsible for the company's technical roadmap as well as day-to-day design and development of future products. He served as Chairman and Chief Executive Officer for eight months when he founded the company. During that time, he played a central role in the architecture, design, and development of the M40 router.
  • Rami Rahim is Chief Executive Officer of Juniper Networks and a member of the company’s Board of Directors. Rahim was appointed CEO in November 2014. Rahim began his Juniper career in early 1997, as employee No. 32, and worked as an engineer on Juniper’s first breakthrough product, the M40 core router. Rahim has progressed through a series of technical and leadership roles at Juniper, applying his engineering acumen to the design and development of Juniper’s industry-leading product portfolio. He most recently served as Executive Vice President and General Manager of the Juniper Development and Innovation (JDI) organization, overseeing the company’s entire product and technology portfolio. His responsibilities included driving strategy, development and business growth for routing, switching, security, silicon technology, and the Junos operating system. Other leadership positions held over the years include: Executive Vice President and General Manager of Platform Systems Division for routing and switching, Senior Vice President of the Edge and Aggregation Business Unit (EABU), and Vice President and General Manager of EABU.
  • As Chief Customer Officer, Vince Molinaro is responsible for driving the strategic and operational elements of the Sales, Marketing, Partners, Services and Support functions at Juniper Networks. He leads a global organization of more than 3,500 professionals that includes direct and indirect sales, systems engineering, advanced technologies and field operations. Molinaro brings more than 25 years of professional experience in engineering, product management, marketing, sales and operations to his worldwide role. He joined Juniper in 2009 and led the strategy and go-to-market execution for the company’s global service provider business. He was named EVP, Worldwide Sales in 2013 before assuming his current role in February 2014. Prior to joining Juniper, Molinaro held senior leadership positions at a number of technology companies including Bell Laboratories, Lucent Technologies, Alcatel-Lucent and Internap Network Services. He has extensive domestic and international experience having lived and managed large organizations throughout Europe and the U.S. Molinaro holds a bachelor of science degree in biomedical engineering from Boston University and a master of science degree in electrical engineering from University of Bridgeport. He is based out of the Juniper Networks facility in New Jersey, home of OpenLab, The Junos and SDN Center for Innovation.
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