Juniper 3Q12 Earnings Rise by 1 Percent
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During Juniper Networks' third quarter fiscal 2012 earning call, Juniper's CEO revealed his company's SDN strategy.
Juniper's SDN strategy comes as the company faces continued competitive and market pressures. For the quarter, Juniper reported revenue of $1.12 Billion up by 1 percent on a year-over-year basis. Net income was reported at $17 million, or $0.03 per share. Kevin Johnson, CEO of Juniper emphasized that SDN is part of the way forward for his company.
"First, we continue to believe that a software-driven network platform will ultimately deliver maximum business value for our customers," Johnson said during the earnings call. "This is the vision behind the new network that we laid out 3 years ago and continue to deliver upon."
At the core of the strategy is Juniper's Junos operating system that runs on nearly all of the company's routing, switching and security equipment offerings. Johnson noted that it is Juniper's view that the focus of SDN is initially should be around data center switching.
"The data center is where SDN solutions can drive the most business value for customers," Johnson said.