Showing posts with label Juniper. Show all posts
Showing posts with label Juniper. Show all posts

Tuesday, August 20, 2019

Juniper raises $500m to refinance pending notes

Juniper Networks announced the priced of $500 million of 3.750% Senior Notes due 2029. The 2029 Notes were issued at 99.951% of par value, bear interest at an annual rate of 3.750% and will mature on August 15, 2029.

Juniper estimates that the net proceeds of the sale of the 2029 Notes, after deducting the underwriter discount and estimated offering expenses, will be approximately $495.3 million.

The company intends to to use the net proceeds from the offering of the 2029 Notes, together with cash on hand, to purchase all of its outstanding 3.300% Senior Notes due 2020 and 4.600% Senior Notes due 2021.

Thursday, July 25, 2019

Juniper posts revenue of $1.102 billion, down 8% yoy

Juniper Networks reported Q2 2019 revenue of $1.102 billion, a decrease of 8% year-over-year, and an increase of 10% sequentially. GAAP operating margin was 7.5%, a decrease from 13.3% in the second quarter of 2018, and an increase from 4.3% in the first quarter of 2019. Non-GAAP operating margin was 15.8%, a decrease from 18.5% in the second quarter of 2018, and an increase from 11.2% in the first quarter of 2019. GAAP net income was $46.2 million, a decrease of 60% year-over-year, and an increase of 49% sequentially, resulting in diluted earnings per share of $0.13. Non-GAAP net income was $139.5 million, a decrease of 18% year-over-year, and an increase of 50% sequentially, resulting in non-GAAP diluted earnings per share of $0.40.

“We experienced encouraging trends during the June quarter, as we saw sequential revenue growth across industry verticals and technologies,” said Rami Rahim, chief executive officer, Juniper Networks. “We are making progress with our sales transformation efforts which, along with our strong pipeline of opportunities, is providing confidence in our ability to not only deliver sequential revenue growth through the remainder of the year, but also a return to year-over-year growth during the December quarter.”

Some highlights

  • Revenue by vertical
  • all verticals grew sequentially, as expected. 
  • Cloud was up 28%, 
  • Enterprise grew 8% but decreased 6% yoy, although bookings increased double-digits year-over-year.
  • Service Provider increased 3% sequentially but was down 15% yoy.

Revenue by technology

  • Routing decreased 15% year-over-year to $416 million. This represents growth of 11% sequentially. 
  • Switching decreased 15% year-over-year to $216 million. This represents growth of 22% sequentially. 
  • Security increased 2% year-over-year to $81 million.  This represents growth of 20% sequentially. 
  • Services business increased 2% year-over-year and 1% sequentially.
  • Software revenue continued to grow year-over-year and was greater than 10 percent of total revenue.

Of the top 10 customers for the quarter, four were Cloud, five were Service Provider, and one was an Enterprise. There was one customer that accounted for greater than 10% of total revenue, from the Cloud vertical.

Monday, June 3, 2019

BT picks Juniper for virtualized telco cloud

BT has selected Juniper Networks to power its Network Cloud roll-out and enable a more flexible, virtualized network infrastructure.

The Network Cloud will enable BT to combine a range of currently discrete network functions and deploy them on a cloud infrastructure that is built to a common framework and shared across the organization, throughout the UK and globally. These include services across BT’s voice, mobile core and radio/access, global services, ISP, TV and IT services, as well as a host of internal applications.

“This move to a single cloud-driven network infrastructure will enable BT to offer a wider range of services, faster and more efficiently to customers in the UK and around the world. We chose Juniper to be our trusted partner to underpin this Network Cloud infrastructure based on the ability to deliver a proven solution immediately, so we can hit the ground running. Being able to integrate seamlessly with other partners and solutions and aligning with our roadmap to an automated and programmable network is also important,” stated Neil McRae, Chief Architect, BT.

"By leveraging the ‘beach-front property’ it has in central offices around the globe, BT can optimize the business value that 5G’s bandwidth and connectivity brings. The move to an integrated telco cloud platform brings always-on reliability, along with enhanced automation capabilities, to help improve business continuity and increase time-to-market while doing so in a cost-effective manner," stated Bikash Koley, Chief Technology Officer, Juniper Networks.

https://newsroom.juniper.net

Thursday, April 25, 2019

Juniper posts 7% decline in Q1 sales

Juniper Networks reported first quarter 2019 net revenues of $1,001.7 million, a decrease of 7% year-over-year, and 15% sequentially. GAAP operating margin was 4.3%, a decrease from 5.1% in the first quarter of 2018, and a decrease from 16.7% in the fourth quarter of 2018. GAAP net income was $31.1 million, a decrease of 10% year-over-year, and a decrease of 84% sequentially, resulting in diluted earnings per share of $0.09. Non-GAAP net income was $92.7 million, a decrease of 7% year-over-year and a decrease of 55% sequentially, resulting in non-GAAP diluted earnings per share of $0.26.

“The first quarter played out largely as we expected, with slightly better than forecasted sales across each of our core verticals,” said Rami Rahim, chief executive officer, Juniper Networks. “While we are pleased with the progress we experienced versus our guidance, we are not satisfied with these results and remain focused on delivering a return to growth later this year. We believe the investments we are making in our go-to-market organization, new products we are bringing to market and the acquisition of Mist Systems should position us to achieve this objective.”

Highlights:
Product

  • Routing product revenue: $375 million, down 8% year-over-year and down 16% sequentially. The year-over-year decrease was primarily due to Service Provider, and to a lesser extent Cloud, partially offset by strength in Enterprise. The sequential decline was due to Service Provider and to a lesser extent, Enterprise. The MX and PTX product families declined both year-over-year and sequentially.
  • Switching product revenue: $176 million, down 23% year-over-year and sequentially. The year-over-year decrease was primarily due to Cloud, and to a lesser extent, Service Provider. The sequential decrease was primarily due to Enterprise. The QFX and EX product families declined both year-over-year and sequentially.
  • Security product revenue: $68 million, down 7% year-over-year and down 35% sequentially. The year-over-year decrease was primarily due to Cloud, partially offset by growth in Enterprise. The sequential decrease was primarily due to Enterprise.
  • Service revenue: $383 million, up 3% year-over-year and down 5% sequentially. The year-over-year increase was due to strong renewal and attach rates of support contracts. Sequentially, the decrease was primarily due to timing of professional services projects.

Segment

  • Cloud: $223 million, down 18% year-over-year and down 6% sequentially. The year-over-year decrease was primarily due to Switching and Routing, partially offset by growth in Service. The sequential decrease was primarily due to Security and Routing.
  • Service Provider: $436 million, down 9% year-over-year and down 16% sequentially. The year-over-year and sequential decreases were primarily due to Routing.
  • Enterprise: $343 million, up 3% year-over-year and down 20% sequentially. The year-over-year increase was primarily driven by strength in Routing and to a lesser extent, Service and Security, partially offset by Switching. The sequential decrease was primarily due to Switching.


https://investor.juniper.net/investor-relations/press-releases/press-release-details/2019/Juniper-Networks-Reports-Preliminary-First-Quarter-2019-Financial-Results/default.aspx

Monday, April 8, 2019

Juniper offers Contrail SD-WAN as a service

Juniper Networks introduced a cloud-delivered version of its SD-WAN solution.

Juniper’s new Contrail SD-WAN as a service manages and secures WAN infrastructure, as well as branch LAN and Wi-Fi networks typically deployed alongside it. Juniper said this new SD-WAN solution pairs the simplicity of a cloud-delivered model with Contrail’s central orchestration of network infrastructure, delivering automated networking, security, analytics and artificial intelligence (AI) for IT.

“Juniper’s SD-WAN as a service easily connects and manages the full suite of Juniper’s branch and WAN solutions, making the benefits of SDN accessible to any enterprise,” said Manoj Leelanivas, Chief Product Officer at Juniper Networks. “This is a significant step in enabling our customers’ journey to AI for IT, extending the SDN transformation beyond cloud and data centers to the branch and the WAN. With this launch, combined with our recent Mist Systems acquisition, we are making industry-leading strides in our bid to make SDN and AI for IT a reality for companies of all sizes.”



Highlights:

  • SD-WAN flexibility: Contrail SD-WAN now supports more variations of passive redundant hybrid WAN links, internet breakout at the WAN edge CPE or centralized WAN hubs, and topologies such as hub and spoke, partial mesh and dynamic full mesh. It has also been tested by third-party EANTC at scales above 10,000 spoke sites and is highly multi-tenant, allowing for unprecedented scale.
  • Centrally managed branch LAN and WAN: Connecting Juniper’s EX Series Ethernet switches to a single or dual WAN gateway of NFX or SRX Series devices allows customers to centrally automate the WAN and LAN policy and provisioning for secure connectivity.
  • Managed security: Customers now have even more choice and control in managing their security needs, including integration with cloud security provider ZScaler and management of the next-gen firewall features of the SRX or NFX devices, including Juniper Sky ATP.
  • Mist Systems integration: Mist, the leading provider in AI for IT with the world’s first AI-driven wireless LAN, is now integrated in the new Contrail management interface. Customers can see operational and analytics data about the Wi-Fi alongside WAN, LAN and security.
  • Open and adaptable solution: A flexible solution that can help enterprises quickly adapt and evolve, Contrail SD-WAN enables customers to extend a secure SD-WAN to hubs and spokes in the cloud by simply adding a vSRX into a public cloud IaaS of choice. Additionally, Juniper’s open standards-based architecture and open APIs allow for seamless systems integration and NetOps workflow automation.
  • Juniper Financial Services offering: A variety of payment plans offered by Juniper Financial Services (JFS) at favorable terms to qualified customers. JFS provides financial simplicity with a single payment plan that cover bundled solutions, including Contrail SD-WAN as a service as well as campus and branch hardware and software such as the Mist WLAN solution.

Juniper to acquire Mist for cloud managed, enterprise Wi-Fi

Juniper Networks agreed to acquire Mist Systems, a start-up offering a cloud-managed, enterprise wireless platform, for $405 million in cash and equity awards.

Mist, which is based in Cupertino, California, has developed an AI-driven wireless platform for making Wi-Fi more predictable, reliable and measurable. Mist has also developed an AI-driven virtual assistant, Marvis, to simplify wireless troubleshooting and provide unprecedented insight into client and network behavior. In addition, Mist uses patented virtual Bluetooth LE technology in conjunction with Wi-Fi and IoT to deliver scalable and cost-effective location-based wireless services to customers, such as indoor wayfinding, proximity notifications, traffic analytics and asset tracking. All operations are managed via Mist’s modern cloud microservices architecture.

Mist’s Wireless LAN (WLAN) platform will be combined with Juniper’s wired LAN, SD-WAN and security solutions. Juniper said the deal also enables it to extend cloud-based management and end-to-end AI-driven visibility across the end-to-end enterprise network (from access to the WAN) to offer an industry-leading, software-defined and highly differentiated solution for simplifying operations, improving user experience and lowering total cost of ownership (TCO).

Monday, March 4, 2019

Juniper to acquire Mist for cloud managed, enterprise Wi-Fi

Juniper Networks agreed to acquire Mist Systems, a start-up offering a cloud-managed, enterprise wireless platform, for $405 million in cash and equity awards.

Mist, which is based in Cupertino, California, has developed an AI-driven wireless platform for making Wi-Fi more predictable, reliable and measurable. Mist has also developed an AI-driven virtual assistant, Marvis, to simplify wireless troubleshooting and provide unprecedented insight into client and network behavior. In addition, Mist uses patented virtual Bluetooth LE technology in conjunction with Wi-Fi and IoT to deliver scalable and cost-effective location-based wireless services to customers, such as indoor wayfinding, proximity notifications, traffic analytics and asset tracking. All operations are managed via Mist’s modern cloud microservices architecture.

Mist’s Wireless LAN (WLAN) platform will be combined with Juniper’s wired LAN, SD-WAN and security solutions. Juniper said the deal also enables it to extend cloud-based management and end-to-end AI-driven visibility across the end-to-end enterprise network (from access to the WAN) to offer an industry-leading, software-defined and highly differentiated solution for simplifying operations, improving user experience and lowering total cost of ownership (TCO).

“Mist Systems is a great fit for Juniper and for our enterprise customers,” explained Rami Rahim, CEO of Juniper Networks. “Juniper and Mist share a common strategic goal. We believe in the Software-Defined Enterprise and Mist’s focus on bringing AI to IT is consistent with our core belief that we need to simplify operations and improve customer experience while lowering costs. With Mist, we are adding a market leading solution to complement our portfolio, drive the cloud transition within the enterprise and accelerate our enterprise growth.”

“Mist Systems has developed a unique blend of wireless, AI and cloud expertise that has enabled us to stand out from the competition and bring much needed innovation to the wireless space,” said Sujai Hajela, CEO of Mist Systems. “By combining these proficiencies with Juniper’s expansive channel reach, world-class support and best-in-class networking and security products, we believe we will be well poised to change the IT landscape by ushering in a new generation of AI-driven products.”

Wednesday, February 20, 2019

Ericsson and Juniper partnership exceeds 20 new customers

Ericsson and Juniper Networks cited growing momentum for their expanded partnership, which was announced in September 2018 and which has now passed 20 new customers worldwide.

The two companies also announced the following enhancements to their joint 5G transport network and security solutions:

  • With the evolution of Ericsson’s solution for network slicing, Juniper’s SDN controller, NorthStar, is interworking with Ericsson Dynamic Orchestration, providing seamless control from the cell site to the packet core network – including the data center gateway. This allows automation and integration of connectivity services in the transport domain into an end-to-end network slice. With this solution, Ericsson’s Wide Area Network Orchestrator (WANO) acts as a hierarchical SDN controller in charge of configuring connectivity services.
  • Transport orchestration added to Ericsson’s network slicing solution provides the network slice with guaranteed bandwidth and key performance indicators, such as latency. Slicing in the transport domain is also enhanced by combining soft network slicing through Ericsson Dynamic Orchestration and hard network slicing through Junos node slicing on Juniper’s MX Series portfolio. In combination with Ericsson Radio System, this joint solution will enable an end-to-end network slice on a shared infrastructure that can be secure, optimized and isolated.
  • Security solutions from Juniper are being integrated into the Ericsson RAN offerings. In addition to the newly announced 5G High Layer vRAN, Ericsson security functionality has been complemented with Juniper SRX and vSRX gateway products as the IPSec security solution to elevate and extend the security framework across the network.
  • Juniper PTX, MX and SRX will be natively integrated into Ericsson Security Manager to reduce time-to-market by automating hardening and facilitating monitoring and compliance of security policies.

Ericsson expands 5G portfolio with Juniper's edge, core and security

Juniper Networks and Ericsson are expanding their 18-year partnership with Ericsson with a focus on delivering an end-to-end 5G solution that combines Juniper’s routing and IP transport with Ericsson’s Router 6000 and MINI-LINK microwave portfolio for distributed, centralized and virtualized radio access.

The companies are now offering a 5G transport network solution with single pane of glass visibility to manage the new requirements of next-generation mobile service delivery.


For the go-to-market strategy, Ericsson will include Juniper’s solutions for edge, core and security as part of its end-to-end 5G transport portfolio.

The joint solution encompasses:

Access, fronthaul/backhaul:

  • Ericsson Router 6000 flagship mobile backhaul portfolio. 
  • Ericsson Fronthaul 6000 includes high density optical solutions that complement microwave solutions for CPRI and eCPRI transport.

Microwave radio backhaul:

  • Ericsson’s MINI-LINK is a 5G-ready microwave technology.
WAN Services and IP Transport: 
  • Juniper’s MX and PTX Series support mobile infrastructure for 10G/100G/400G optical transport, simplified operations with Juniper’s unique universal design, advanced Junos OS software functionality including Junos Node Slicing, Juniper Telemetry Interfaces and an open, standards-based hardware-accelerated 5G CUPS User Plane.
  • Juniper’s MX Series 5G Universal Routing Platform .
  • Juniper’s PTX Series Packet Transport Routers are built to optimize IP/MPLS transport for backbone, peering and converged metro core applications.
  • Juniper’s transport routers offer integrated dense wavelength-division multiplexing (DWDM) interfaces with interoperability between the MX, PTX series and Ericsson’s Router 6000
Security Gateway & Gi Firewall:

  • Ericsson Radio Base Stations are already integrated with the Juniper’s SRX Series Services Gateway, a high performance and highly scalable next-gen firewall platform, providing both Gi Firewall and security gateway solutions for end-to-end 4G/5G offerings. Juniper will continue to enhance its security solutions to work efficiently with Ericsson’s RAN solutions as they evolve to 5G.
Unified management and control:

  • Ericsson’s management and orchestration solution will be applied across Ericsson and Juniper products, which will be fully integrated, including full FCAPS support.

Tuesday, February 12, 2019

Juniper expands 5G portfolio with new routers, line cards, silicon

Juniper Networks unveiled a major refresh to its metro, edge and core solutions to accelerate service providers’ 5G transformation.

The rollout builds on Juniper's introduction last year of an MX Series 5G Universal Routing Platform powered by a new generation of its custom ASICs promising extensive programmability and performance improvements for supporting resource-intensive applications like 5G and secure SD-WAN-based managed services. The company says these new solutions, combined with its Contrail software, will help service providers achieve a holistic approach to infrastructure transformation that is cloud-centric, secure, and automated

Highlights:

  • Introducing the 1 RU ACX700 Universal Metro Router to serve access applications with IPsec transport. It supports the precise timing and bandwidth requirements for 5G and meets the environmental requirements for deployment at remote, hardened sites such as street cabinets. The platform offers 24x10GbE and 4x100GbE port densities. The router is based on merchant silicon. Commercial availability is expected in early 2020.
  • Introducing the 3 RU ACX700 Universal Metro Router with 2.4 Tbps of total system performance in a temperature-hardened form factor for both pre-aggregation and aggregation. The route is based on merchant silicon. Commercial availability is expected in early 2020.
  • Introducing the MPC11E line card for the MX2000 Series 5G Universal Routing Platform. The new line card is powered by Juniper’s Penta Silicon, delivering a three-fold increase in line card and system capacity with 4 Tbps per slot capacity for high-capacity edge routing platforms. The Juniper Penta Silicon-powered MPC11E line card is expected in the second half of 2019.
  • Introducing new Triton Silicon capable of delivering 400GbE native MACsec support. The new Triton Silicon will enable leading 100GbE and 400GbE density in Juniper's PTX10008 and PTX10016 Universal Chassis. The new Juniper Triton silicon promises a ~70 percent power efficiency gain (~0.15 watts per gigabit) over existing Junos Express Plus silicon, leading to a 380% bandwidth increase over the previous generation line cards in the PTX10008 and PTX10016. The new Triton Silicon-powered 14.4Tb line cards for the PTX10008 are expected to be available during the second half of 2019.

“Service providers seek agility, cost savings and new services from 5G networks, but capitalizing on these benefits requires a complete transformation of infrastructures, operations and services. With today’s announcement, Juniper Networks is giving service providers the building blocks required to create 5G-ready networks built for simplicity and agility that are capable of supporting immense traffic demands for the future. By combining the attributes of secure and automated cloud architectures, Juniper is ushering in the next era of service provider networking,” stated Brendan Gibbs, Vice President, Product Management, Juniper Networks.


Juniper refreshes MX edge routers powered by own Penta silicon

Juniper Networks introduced its new MX Series 5G Universal Routing Platform powered by a new generation of its custom ASICs promising extensive programmability and performance improvements for supporting resource-intensive applications like 5G and secure SD-WAN-based managed services.

The new "Penta" silicon, which leverages 16nm geometry, functions as the packet forwarding engine for the MX series. It delivers a 50 percent power efficiency gain (0.5 watts per gigabit) over the existing Junos Trio chipset, which leads to a 3x bandwidth increase for the MX960, MX480 and MX240. Juniper designed the Penta silicon with native support of both MACsec and an IPsec crypto engine – an industry-first – that can originate and terminate thousands of IPSec sessions without sacrificing performance. Additionally, Juniper Penta supports flexible native Ethernet support (FlexE).

Juniper Penta silicon features:

  • 16nm with Integrated 3D HBM Memory reducing packaging by 83% over the 4th Generation Trio silicon 
  • 500G Full Duplex / 1T Half Duplex 
  • 50Gbps SERDES 
  • Fully Programmable Packet Pipeline 
  • Fully Fungible Integrated Databases for FIB, ACLs, Tunnels, Telemetry, and more… 
  • Built-in FlexEthernet Support 
  • Built-in MACSec & IPSec Tunnel Encryption Engine (Industry First)
A second major innovation with the platform is open hardware-accelerated 5G Control and User Plane Separation (CUPS), which enables operators to separate the evolved packet core user plane (GTP-U) and control plane (GTP-C) with a standardized Sx interface. This allows service providers to scale the control plane and the user plane independently as needed for added flexibility and investment protection.

Juniper said its MX Series 5G platform is the first networking platform to support a standards-based hardware accelerated 5G user-plane in both existing and future MX routers to enable converged services (wireless and wireline) on the same platform while also allowing integration with third-party 5G control planes. Juniper expects this will lower total cost of ownership by as much as three to four times over software-based user plane implementations for MXs deployed in the field.

In addition, the rollout expands Juniper Universal Chassis system. The previously announced PTX and QFX Universal Chassis gains two new MX variants: MX10008 and MX10016. The 13-RU MX10008 and 21-RU MX10016 Universal Chassis bring industry-leading and space-saving scale for edge routers at 19.2Tbps and 38.4Tbps, respectively.

Juniper pushes ahead with 400G based on its own silicon



Juniper Networks is bringing 400GbE capabilities across its wide-area network, data center and enterprise portfolio starting in the second half of 2018, including 400GbE in backbone, peering, data center interconnect, scale-out metro core, telco-cloud services and hyperscale data center IP fabrics. The announcement includes product refreshes for Juniper’s PTX, QFX and MX series platforms based on the company's recently announced 400GbE-capable Juniper...

Ericsson expands 5G portfolio with Juniper's edge, core and security



Juniper Networks and Ericsson are expanding their 18-year partnership with Ericsson with a focus on delivering an end-to-end 5G solution that combines Juniper’s routing and IP transport with Ericsson’s Router 6000 and MINI-LINK microwave portfolio for distributed, centralized and virtualized radio access. The companies are now offering a 5G transport network solution with single pane of glass visibility to manage the new requirements of next-generation...


Tuesday, January 29, 2019

Juniper posts Q4 sales of $1.18B, down 5%, weakness in cloud & SP

Juniper Networks reported Q4 2018 preliminary net revenues of $1,181.0 million, a decrease of 5% year-over-year, and flat sequentially. GAAP operating margin was 16.7% and non-GAAP operating margin was 21.1%. GAAP net income was $192.2 million, compared to a net loss of $148.1 million in the fourth quarter in 2017, and a decrease of 14% sequentially, resulting in diluted earnings per share of $0.55. The year-over-year change in GAAP net income was primarily due to a lower effective tax rate. Non-GAAP net income was $205.7 million, an increase of 3% year-over-year and an increase of 8% sequentially, resulting in non-GAAP diluted earnings per share of $0.59.

“We are disappointed by our Q4 sales, as continued weakness with several of our cloud and service provider customers more than offset solid momentum in our enterprise business,” said Rami Rahim, chief executive officer, Juniper Networks. “We are taking actions to drive improved sales execution and capitalize on the attractive end market opportunities that we expect to emerge in 2019. We remain confident in our strategy and believe we have the products needed to win in the market.”

Some highlights:

  • In security, Juniper experienced 34% quarter over quarter and 18% year over year growth, and surpassed $100 million in quarterly revenue for the first time in several years. The company is confident that its security business will grow in 2019.
  • Juniper’s enterprise business grew 13% quarter over quarter and 14% year over year due to broad based strength across products and geographies. Juniper is optimistic this business will continue to see healthy trends in the coming quarters and remain a growth driver for the company in 2019.
  • The company’s software business grew 32% year over year and accounted for more than 10% of total revenue during Q4 ’18.
  • While the company continued to experience weakness within the cloud and service provider verticals, the 400G transition will present opportunities for Juniper to take share later this year. Additionally, Juniper’s MX5G product refresh, Contrail solutions and partnership with Ericsson position the company to capitalize on carrier 5G deployments.

Regarding its Q1 revenue outlook, Juniper said it sees continued weakness with cloud customers. The outlook also factors in changes to its go-to-market organization, the partial US federal government shutdown and geopolitical uncertainty. Juniper expects to return to year-over-year growth at some point in the second half of the year.

Guidance for the quarter ending March 31, 2019 is as follows:

  • Revenue will be approximately $980 million, plus or minus $30 million.
  • Non-GAAP gross margin will be approximately 58.5%, plus or minus 1%.
  • Non-GAAP operating expenses will be approximately $485 million, plus or minus $5 million.
  • Non-GAAP operating margin will be approximately 9% at the midpoint of revenue guidance.
  • Non-GAAP net income per share will be approximately $0.20, plus or minus $0.03. This assumes a share count of approximately 349 million.


Thursday, December 20, 2018

2019 Network Predictions - The campus becomes hot again

Michael Bushong,  Juniper Networks’ VP of Enterprise and Cloud Marketing 

Network automation will hit the curve in the proverbial hockey stick.

Despite years of talking about automation, the vast majority of enterprise operations are still manual, CLI-driven activities. In 2019, adoption will shift from linear to something more aggressive.

This will be driven in part by a general need to automate the network to keep pace with the dynamic application environment that already exists in many enterprises. But the broader DevOps efforts, especially in the cloud arena, will demonstrate what operations could look like outside of the application teams. And enterprises will begin their transformation.

Notably, this means that the automation that emerges will not be the automation that has been talked about for years. Where the last decade has been about removing keystrokes in mundane tasks, the real path forward for network automation will more closely track with the Site Reliability Engineering (SRE) movement. Expect to see the rise of NRE in enterprises (a trend that has already started in the major cloud and service provider properties).

Open source will be more than an alternative business model.

As open source continues to climb in importance in the IT supply chain, enterprises will begin to develop stronger open source policies. This will include everything from procurement practices (which partners will be involved and how will support be handled?) to supply chain (how do you secure the supply chain if no one is inspecting?).

Enterprises outside of the major open source and cloud players will begin to treat open source as just another route to market, implementing appropriate controls, checks, and balances to ensure that products are robust, support is available, and security is more than a hope.

SD-WAN will begin to yield to SD-Enterprise.

It’s not that SD-WAN will become less important in 2019, but as the industry starts applying the principles of SD-WAN more broadly, SD-WAN will start its evolution to SD-Enterprise. Cloud management and intelligent routing across the WAN can be transformative for more than the subset of products currently in market. As campus moves this direction, it seems inevitable that the concept will broaden.

Campus becomes hot again

A few years ago, data center was all the rage. More recently, SD-WAN has revitalized the branch. In 2019, expect campus networking to be in vogue again. Driven by some of the same technologies (SDN, SD-WAN, intent-based networking, and so on), the campus will go through a similar transformation. Vendors have retooled their portfolios in preparation, and most market forecasts showed campus shifting from slow decline to slight growth this year. That trend should continue.

Notably, the embrace of software as the primary vehicle for delivering value also means that the days of refresh cycles being on the order of 5-to-7 years will likely come to an end as well. This should stoke competition in a market that, frankly, has looked more like a monopoly than a vibrant ecosystem at times over the last decade. Times, they are a-changin’.

Ecosystems will replace vertical suppliers

For decades, the networking space has been dominated by large, vertically-integrated stacks. With the rise of cloud and multicloud forcing multi-vendor integration from an operations perspective, it would seem that the vertical approach to the market will begin to give way to an ecosystem strategy.

Importantly, that ecosystem will bring suppliers together that span all of compute, storage, networking, and even applications. Where the past was led by a well-known set of incumbents, suppliers like Nutanix with their hybrid and multicloud solutions and RedHat (now IBM) with their orchestration solutions will take on more prominent roles. This will chip away at the incumbent routes to market, which will begin a one-way move towards a more diverse solutions environment.


Thursday, November 29, 2018

Juniper to Acquire HTBASE for Enterprise Multicloud Solutions

Juniper Networks agreed to acquire HTBASE, a start-up based in Santa Clara, California, that offers a software platform for integrates compute, networking and storage across public and private clouds.

Juniper said the acquisition will add multicloud storage to the network and compute orchestration capabilities of its Contrail Enterprise Multicloud. HTBASE’s unique value is its platform’s ability to make the complete infrastructure layer (compute, storage and networking) transparent to applications, without impacting the operating system or architecture.

“Companies are moving more workloads from on-premises to the cloud to keep up with the need for agility and more flexibility. It’s up to us to make this transition not only achievable, but more importantly, to focus on making the move to the multicloud simple,” said Rami Rahim, CEO of Juniper Networks. “Juniper is betting big on multicloud and the momentum is mounting every day. Together with HTBASE, we have an opportunity to shape a new and emerging market that will deliver significant value with a unique line of products to customers worldwide.”

Tuesday, October 23, 2018

Juniper posts Q3 revenue of $1,180 million, but sees slower cloud sales

Juniper Networks posted Q3 net revenues of $1,179.8 million, a decrease of 6.0% year-over-year, and a decrease of 2.0% sequentially. GAAP operating margin was 13.6%, a decrease from 18.4% in the third quarter of 2017, and an increase from 13.3% in the second quarter of 2018. Non-GAAP operating margin was 20.0%, a decrease from 23.5% in the third quarter of 2017, and an increase from 18.5% in the second quarter of 2018.

GAAP net income was $223.8 million, an increase of 35.0% year-over-year and an increase of 92.0% sequentially, resulting in diluted earnings per share of $0.64. Non-GAAP net income was $191.0 million, a decrease of 10.0% year-over-year and an increase of 12.0% sequentially, resulting in diluted earnings per share of $0.54.

"We reported better than expected Q3 results, as continued enterprise strength and better than expected service provider results more than offset weakness in the cloud," said Rami Rahim, chief executive officer, Juniper Networks. "While our Q4 outlook is being impacted by the pace of deployments at several cloud customers, we believe this is a temporary headwind and remain confident that we have the right products and strategy in place to grow the business in 2019."

"We delivered better than expected non-GAAP earnings during Q3, as gross margin exceeded the high-end of our forecast and operating expenses came in at the low-end of our outlook. We also completed our $750 million accelerated share repurchase in the period," said Ken Miller, chief financial officer, Juniper Networks. "While we believe we are making the investments needed to win in the market, we remain focused on capturing additional efficiencies and creating shareholder value."

Regarding its outlook, Juniper cited the slower pace of expected deployments by cloud customers for a likely year-over-year decline in revenues for Q4. The company has not seen any impact from Chinese tariffs but said customer buying behavior could be affected and gross margin could be slightly impacted.

Some highlights:
Product

  • Routing product revenue: $496 million, down 15% year-over-year and up 1% sequentially, driven by Enterprise and Service Provider, partially offset by a decrease in Cloud. The MX product family declined year-over-year but grew sequentially. The PTX product family declined both year-over-year and sequentially.
  • Switching product revenue: $221 million, up 4% year-over-year and down 13% sequentially. While the EX product family grew year-over-year, the QFX product family slightly declined year-over-year due to the timing of deployments.
  • Security product revenue: $77 million, up 8% year-over-year and down 3% sequentially due to Enterprise, partially offset by an increase in Service Provider.
  • Service revenue: $385 million, down 1% year-over-year and up 2% sequentially. 

Vertical

  • Cloud: $250 million, down 28% year-over-year and down 11% sequentially, due to lower routing and switching sales.
  • Service Provider: $544 million, down 6% year-over-year and up 4% sequentially. 
  • Enterprise: $386 million, up 15% year-over-year and down 4% sequentially.


Thursday, October 18, 2018

Cloud bursting with Kubernetes

Is cloud bursting from private to public using Kubernetes a current reality or still a future vision?

Cloud bursting is here and now, says Bikash Koley, CTO of Juniper Networks, explaining how Contrail is the Kubernetes network interfacing that makes it possible to spin-up workloads on-prem or on AWS, Azure or GCP.




https://youtu.be/Xy0kPxCcTH0


Automating Service Migration during Network Upgrades

Is it possible to fully automate the service migration for all clients during a major network upgrade?

Ruben Van Den Brink, Head of Network for Surf.Net, discusses the migration process to the eigth generation of the national research network serving the Netherlands.



https://youtu.be/7x0rDcEJsME


Wednesday, October 10, 2018

Juniper's Rami Rahim: Engineering Simplicity is the new mantra

The battle against complexity is the biggest problem facing networking today - and the biggest problem for the IT industry overall -- said Rami Rahim, CEO of Juniper Networks, at the company's NXTWORK event in Las Vegas.

Engineering simplicity is now "the guiding star" for everything going on inside the company, according to Rahim, because otherwise the transition to multicloud networking will be choked by the overlapping systems policies and management frameworks.

Rahim described the industry transition from the Scale-up Era of the late 90s, to the Scale-out Era that powered Web 2.0, to the emerging Multicloud Era.

The scale-out architecture was successful in many regards but the sheer number of elements in the network brought reliability challenges because mean time between failure (MTBF) rates meant that something could break every day. Software-defined networking helped solve this issue, but now automation tools are needed to manage the complexity.

Hyperscale cloud providers have the resource to build and deploy automation, but enterprises need them as well. The multicloud era means that operations may reside across many domains with separate management. Getting past this roadblock requires deep visibility and automation. The goal must be to operate networks with the least amount of human interaction possible.

Juniper is proposing a 5-step journey to multicloud.


Juniper's answer for simplifying cloud automation is its Contrail Enterprise Multicloud solution.

"It's not about building better networks, it's about making networking better," said Rahim.

Bikash Koley, Juniper's CTO talked about the architecture for unifying the company's solutions for the multicloud era, including its Contrail framework, Junos OS, and a new "ATOM" API stack for integrating telemetry and intent.



Juniper revs new Ethernet switches for the multicloud world

Juniper Networks introduced a new line of Ethernet switches designed for the new era of multicloud networking, where the assumption that distributed enterprises will access resources from multiple data centers is a reality.

The rollout includes new switches for the enterprise data center, campus, and branch, as well as a new cloud-based management platform called Sky Enterprise. Junos remains central to all of the new products and the rest of the existing switching portfolio.

“The promise of multicloud is to deliver an infrastructure that is secure, ubiquitous, reliable and fungible and where the migration of workloads will be a simple and intuitive process,” said Bikash Koley, chief technology officer at Juniper Networks. “For IT to be successful in becoming multicloud-ready, it is critical organizations consider not only the data center and public cloud, but also the on-ramps of their campus and branch networks. Otherwise, enterprises will face fractured security and operations as network boundaries prevent seamless, end-to-end visibility and control.”

Highlights of the announcement include:

  • new QFX10002-60C "universal" switchfor data center spine, data center edge and data center interconnect (DCI).  It features 60x100 Gigabit Ethernet (GbE) deep-buffer interfaces. 
  • new QFX5210-64C 64x100GbE port spine switch
  • new QFX5200-48Y 48x25GbE top-of-rack switch
  • new QFX MACsec line card addition for the QFX10000 modular switches. This card provides 30-port 100GbE connectivity for encrypted traffic in and between data centers.
  • Juniper Sky Enterprise - a cloud management service that enables operators to deploy, configure and manage switching and security devices, reducing change errors by up to 90 percent. Sky Enterprise also gives network operators visibility into wireless access points using Aerohive Hive Manager NG API integration.
  • New EX2300 and EX4300 compact switches for campus networks. The EX4300 multigig switch supports POE++ for new applications and MACsec to enable a secure on-ramp to the cloud. The EX9250 switch is a compact campus core that gives enterprises multiple fabric options by supporting both Junos Fusion and EVPN-VXLAN.
  • New NFX150 Network Services Platform for branch offices. This combines native branch security and hybrid WAN functionality with wireless 4G and LTE connectivity between branches. Built as an extensible platform, it can run third-party virtual network functions (VNFs).
  • Contrail SD-WAN with new subscription-based pricing: Juniper’s Contrail SD-WAN solution bundles the SRX Series Services Gateway and the NFX Series with the platform and orchestration software required for multicloud-ready SD-WAN. New subscription pricing bundles provide several physical and virtual endpoint options with secure SD-WAN management.  

Juniper and Nutanix expand partnership for multiclouds

Juniper Networks and Nutanix expanded their existing partnership with an aim on simplifying enterprise multicloud architectures.

The goal is better integration and automated management between network, security, compute and storage.

Specifically, Juniper’s Contrail Enterprise Multicloud will integrate with Nutanix APIs to provide enhanced network visibility for virtualized workloads, ultimately facilitating automated fabric management.

Additionally, Juniper’s Unified Cybersecurity Platform together with Nutanix’s software-defined networking offering, Flow, and AHV hypervisor, intends to secure applications with microsegmentation in enterprise cloud, as well as provide a hardened security posture that prevents lateral propagation of threats. Enterprises will be able to deploy the vSRX integrated virtual firewall in their Nutanix environment, extending the same capability across multicloud architectures with a single point of control using vSRX on-premises and in AWS, Microsoft Azure and Google Cloud Platform.


“As enterprises race toward multicloud, they are burdened with complexities that arise during each stage of the journey. By integrating Contrail Enterprise Multicloud and Juniper’s Unified Cybersecurity Platform with Nutanix’s Enterprise Cloud, we are delivering an end-to-end secure and automated multicloud environment spanning compute, storage and networking for our customers,” said Bikash Koley, Chief Technology Officer, Juniper Networks. 

“The future of enterprise infrastructure is multi-cloud - that’s no longer up for debate. Networking shouldn’t be the complex burden holding companies back from this transition, and that’s why we’re so committed to working with our partners like Juniper to offer our joint customers seamless, secure networking fit for the multi-cloud world,” said Raja Mukhopadhyay, VP of Product Management, Nutanix

Implementing Multicloud - Bikash Koley explains

Juniper Networks is actively pursuing an enterprise multicloud strategy that it describes as a seachange for networking, but how is it actually implemented in its products?

Bikash Koley, CTO of Juniper, explains.

https://youtu.be/Jiap6F-NNF4





Thursday, October 4, 2018

Epsilon deploys Juniper's Metro Fabric for 100GbE global expansion

Epsilon, a privately-held global communications service provider based in London and Singapore, has deployed Juniper’s Metro Fabric solutions to support its global network upgrades to power future IoT applications and robust enterprise services.

Epsilon combines on-demand infrastructure, automation, web-based portals and APIs to deliver "friction-free access to global connectivity for resolving complex networking challenges." Its "Infiny by Epsilon" connectivity is based on a self-service SDN platform.  The current network is a terabit optical global backbone, which is deployed across over 90 Points of Presence (PoP) globally and connects over 600 network operators, communication and cloud service providers.

For this upgrade project, Epsilon required seamless integration with their existing network for optimized network management and the ability to quickly scale for service expansion and speed of delivery. These requirements will also enable end-to-end service level agreement (SLA) visibility, a key differentiator that will support web-based on-demand provisioning.

Juniper said its solution was chosen after an extensive evaluation process. Some highlights:

  • 100GbE-readiness with flexibility in the underlay: uses a combination of the MX10003 5G Universal Routing Platform as the MPLS transport core, and Metro Fabric solutions from Juniper consisting of the ACX5048 Universal Metro Router and BTI Packet Optical Transport Platforms. This enables a variety of connectivity options across 1GbE/10GbE/100GbE, tailored to individual market requirements.
  • Interoperability, automation and a single-pane-of-management: Across the stack, network management is now significantly streamlined, while offering end-to-end visibility and increased automation capabilities. Leverages interoperability of Juniper’s solutions and the open APIs provided by the Junos operating system.
  • Forward-looking scalability to support IoT and big data applications: leverages continued upgrades of the MX Series 5G Universal Routing Platform and ACX Series Universal Metro Routers, offering the current and long-term scalability and investment protection required to service more than 100 points-of-presence across the United States, Europe, Middle East and Asia-Pacific.
“We have been evolving our infrastructure gradually over the last decade in anticipation for the massive traffic growth driven by innovations in cloud, big data and IoT. By upgrading our network to offer 100GbE on-demand around the world, we are helping not only our existing partners but also new customers to benefit from hyper-scalable connectivity that is designed to support services of the future. We are pleased to partner with Juniper to realize our vision for flexible, fluid and intelligent global networking,” stated Jerzy Szlosarek, chief executive officer, Epsilon.

“The exponentially growing demands of today’s and tomorrow’s networking traffic is a continuously-evolving challenge for our customers. As we continue to address these and other networking complexities, we are proud to have found an outstanding long-term partner in Epsilon. Their rapidly growing global platforms demand a stellar foundation of powerful and reliable network infrastructure solutions that are adaptable to future requirements – and we are delighted to continue providing them with the critical technology differentiators crucial for their continued growth and success in the long-term,” said Sally Bament, vice president, service provider marketing, Juniper Networks.

Juniper refreshes MX edge routers powered by its Penta silicon

Juniper Networks introduced its new MX Series 5G Universal Routing Platform powered by a new generation of its custom ASICs promising extensive programmability and performance improvements for supporting resource-intensive applications like 5G and secure SD-WAN-based managed services.

The new "Penta" silicon, which leverages 16nm geometry, functions as the packet forwarding engine for the MX series. It delivers a 50 percent power efficiency gain (0.5 watts per gigabit) over the existing Junos Trio chipset, which leads to a 3x bandwidth increase for the MX960, MX480 and MX240. Juniper designed the Penta silicon with native support of both MACsec and an IPsec crypto engine – an industry-first – that can originate and terminate thousands of IPSec sessions without sacrificing performance. Additionally, Juniper Penta supports flexible native Ethernet support (FlexE).

Juniper Penta silicon features:

  • 16nm with Integrated 3D HBM Memory reducing packaging by 83% over the 4th Generation Trio silicon 
  • 500G Full Duplex / 1T Half Duplex 
  • 50Gbps SERDES 
  • Fully Programmable Packet Pipeline 
  • Fully Fungible Integrated Databases for FIB, ACLs, Tunnels, Telemetry, and more… 
  • Built-in FlexEthernet Support 
  • Built-in MACSec & IPSec Tunnel Encryption Engine (Industry First)
A second major innovation with the platform is open hardware-accelerated 5G Control and User Plane Separation (CUPS), which enables operators to separate the evolved packet core user plane (GTP-U) and control plane (GTP-C) with a standardized Sx interface. This allows service providers to scale the control plane and the user plane independently as needed for added flexibility and investment protection.

Juniper said its MX Series 5G platform is the first networking platform to support a standard-based hardware accelerated 5G user-plane in both existing and future MX routers to enable converged services (wireless and wireline) on the same platform while also allowing integration with third-party 5G control planes. Juniper expects this will lower total cost of ownership by as much as three to four times over software-based user plane implementations for MXs deployed in the field.

In addition, the rollout expands Juniper Universal Chassis system. The previously announced PTX and QFX Universal Chassis gains two new MX variants: MX10008 and MX10016. The 13-RU MX10008 and 21-RU MX10016 Universal Chassis bring industry-leading and space-saving scale for edge routers at 19.2Tbps and 38.4Tbps, respectively.

The MX10008 and MX100016 will be available during the second half of 2018. Juniper Penta Silicon-powered line cards for the MX960, MX480 and MX240 will be available in Q1 2019. New CUPS support will be available in the first half of 2019.

Monday, September 17, 2018

Juniper debuts Contrail Edge Cloud

Juniper Networks introduced its Contrail Edge Cloud for helping service providers deploy new revenue-generating services at the network edge. The aim is to bring a full-fledged secure cloud experience to the space- and power-constrained edge network, which includes base stations, hub sites and switching sites.

Juniper says its Contrail Edge Cloud can extend a full suite of orchestration, automation, security and analytics to the edge for supporting dynamic consumer and enterprise services in a cost and resource efficient manner.

The new Contrail Edge Cloud leverages the software-defined networking capabilities of Contrail Networking and Contrail Security with Kubernetes and OpenStack. Furthermore, it is based on Linux Foundation’s open Tungsten Fabric project.

Some highlights:

  • Footprint-optimized distributed computing: Integration with Red Hat OpenStack Platform, a highly scalable Infrastructure-as-a-Service (IaaS) platform, with distributed compute, leverages many of the latest OpenStack capabilities to remotely manage the lifecycle of compute nodes and virtual machines (VMs) from a centralized data center, without requiring the footprint of co-located OpenStack control plane functions in each of these remote edge sites. 
  • Containers for faster time to revenue: Contrail Edge Cloud will be capable of supporting Red Hat OpenShift Container Platform and other Kubernetes distributions.
  • Unified workflow, policy and service chaining: Contrail Networking with remote compute capabilities enables service providers to deliver a seamless network fabric between VMs, containers and bare metal servers from a single-user interface across physical and virtual environments. Contrail Networking translates abstract workflows into specific networking policies, simplifying the orchestration of virtual overlay connectivity across all environments. Fabric management capabilities automate policies and life-cycle management of each data center and edge site fabric. Contrail Networking provides connectivity and service chaining for OpenStack VM, Kubernetes containers and bare metal workloads without requiring the footprint of co-located control plane functions.
  • Native security and microsegmentation: Contrail Security provides visibility, telemetry and network policy enforcement in a single unified mechanism for service providers that are increasingly deploying a mix of VMs and containers. It includes adaptive firewall policies and tag-based ability to enforce security policies across Kubernetes and OpenStack.
  • Open source software-defined storage: Red Hat Ceph Storage provides massively scalable storage that runs economically on industry standard hardware and manages petabytes of data across cloud and emerging workloads. 
  • Machine learning-based analytics: AppFormix provides machine learning-based performance and health monitoring to give health and service insights into workloads and deployments.
  • Full-featured virtualized security: cSRX and vSRX deliver an industry leading container and virtualized security instance as part of the service chain.
Juniper said it continues to contribute to the Linux Foundation’s Akraino Edge Stack project to further the open cloud initiatives.

“Service providers’ edge networks are beachfront property. As 5G and new applications such as IoT, AR/VR and connected cars all require extreme proximity to the end user, the edge will become ground zero to deploy virtualized network infrastructure, as well as to monetize new applications. Contrail Edge Cloud will greatly simplify the IT side of spinning up and managing these new services in a secure way. And what’s great is it isn’t just for network engineers. It also gives sales and marketing executives a way to get creative with agile new services, so businesses and consumers start seeing carriers as more than just connectivity providers. We are executing all of this in an incredibly small edge-friendly footprint,” stated Sally Bament, Vice President, Service Provider Marketing, Juniper Networks.

Sunday, September 9, 2018

Swisscom picks Ericsson + Juniper for 5G IP transport

Ericsson will supply a new end-to-end 5G IP transport network to Swisscom. The deployment will use Ericsson's Router 6000 and Juniper Networks' 5G core routing portfolio. Financial terms were not disclosed.

Ericsson said it takes end-to-end responsibility for Swisscom's 4G and 5G networks – from radio base stations to the data center. This includes hosting core applications such as IMS and Packet Core and managing network slices end to end with Ericsson Dynamic Orchestration.

Heinz Herren, CIO and CTO at Swisscom, says: "We have selected Ericsson's transport solution for our 5G network. Partnering with Juniper Networks, Ericsson has extended its transport coverage and can now take end-to-end transport responsibility all the way from the Radio Access Network (RAN) to the next generation core. Seamlessly managed and orchestrated, this reduces our complexity and affords a more efficient, high-performing network."

Arun Bansal, Senior Vice President and Head of Ericsson in Europe & Latin America, says: "Ericsson has stepped up and taken responsibility for transport. This deal is an important proof point for the end-to-end 5G transport solutions that we recently launched. The ease of use of our one-stop shop reduces not only complexity for Swisscom but also their total cost of ownership."

Swisscom has previously announced that it will be ready to launch its 5G network by the end of 2018.

See also