Networking major
Juniper Networks
(
JNPR
) recently won a deal from the India-based multinational
conglomerate Essar Group, having diversified business interest in
the Iron & Steel, oil, gas and shipping industries among
others.
In the past, Juniper has provided secure, multi-platform remote
network access solutions to the Essar Group. This deal includes the
deployment of the Juniper Networks Junos Pulse Mobile Security
Suite and Juniper Networks SA Series SSL VPN Appliances.
This would enable Essar to provide remote and mobile employees,
customers and partners with anytime, anywhere secure SSL Virtual
Private Network (VPN) access to corporate network resources and
applications from a wide range of mobile devices. This apart, the
Juniper Networks Junos Pulse Mobile Security Suite supports the
adoption of a "bring your own device" policy for Essar
employees.
This security system would be specially useful for Essar, as it
would offer better protection to smartphones, tablets and other
mobile devices running on most major mobile operating systems from
viruses, malware, loss or theft, physical compromise and other
exploits and threats.
The company is winning mega deals at regular intervals. A month
back, London Internet Exchange Ltd. (LINX) selected the company's
routing and switching solutions for an undisclosed amount. As per
the terms of the agreement, Juniper will offer the much needed
networking solution to LINX, facilitating its members to
interconnect and share video through the cloud and other networks
reliably, rapidly and cost effectively across fixed and mobile
platforms.
Moreover, the company is expanding and developing new products
through technology innovation and joint collaboration. The company
recently entered into a strategic collaboration with
General Electric Co.
(
GE
), to jointly develop a series of highly scalable and secure
networking and routing gadgets. These products would communicate
data within the military or aerospace verticals with utmost
security, even in harsh environments.
Considering the above deal wins, it can be well deduced that
Juniper's networking architecture, which runs on the Junos
operating system (a high-performance network operating system for
routing, switching and security) is in demand.
Despite its prospective deal momentum, we prefer to be on the
sidelines based on the stiff competition from
Cisco Systems Inc
. (
CSCO
) and
Hewlett-Packard Company
(
HPQ
), continuous R&D investments that weigh down on its operating
margin, European exposure and federal budget cuts.
Currently, Juniper has a Zacks #4 Rank, implying a short-term
Sell recommendation.
CISCO SYSTEMS (
CSCO
): Free Stock Analysis Report
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GE
): Free Stock Analysis Report
HEWLETT PACKARD (
HPQ
): Free Stock Analysis Report
JUNIPER NETWRKS (
JNPR
): Free Stock Analysis Report
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