Juniper Ends 2010 Strong, Touts Falcon, Stratus
Page 1 of 1
The economy may remain sluggish, but networking vendor Juniper enjoyed a prosperous year in 2010.
The networking firm, a leading rival to market leader Cisco, reported earnings for the fourth quarter and full year this week, boasting double-digit revenue increase, and topping analysts' projections.
Meanwhile, as the company heads into the new year, Juniper is touting two major initiatives. One effort, dubbed Stratus, looks to advance a new data center architecture. Another, codenamed Project Falcon, is an initiative focused on building new wireless networking technology, and is slated for wider deployment in the coming year, following a beta release to a major service provider in the fourth quarter.
"2011 is an important next step as we prepare for the introduction of innovative new products that focus on the mobile Internet and cloud computing in unique and compelling ways for our customers," CEO Kevin Johnson told analysts during the company's earnings call.
Enterprise Networking Planet runs through Juniper's numbers, and looks ahead to the company's agenda for 2011.