Juniper (JNPR) Augments Meesho's Network Capabilities in India

Juniper Networks, Inc. JNPR recently inked an agreement with Meesho for an undisclosed amount to augment the latter’s network capabilities across its partner call centers in various locations in India. The improvement in network connectivity is expected to enhance user experience with AI-based insights and automated troubleshooting for improved uptime.

With more than 100 million customers, Meesho is one of the fastest-growing e-commerce platforms in India. It aims to leverage Juniper’s AI-driven SD-WAN solution and the Mist Cloud to maintain timely responses to all incoming queries from sellers and end-users to ensure high service levels and customer satisfaction.

The SD-WAN solution offers greater agility and scalability to support Meesho’s Voice over IP applications, especially during periods with high call volume. Juniper’s industry-leading SD-WAN solution powered by Session Smart Routing enables seamless connectivity through a tunnel-free architecture that optimizes and secures network performance. It allows calls to get seamlessly routed to the next available connection without any disruption, balancing traffic and broadband connectivity to allow IP voice calls priority over other call center applications.

The simplified network traffic management from Juniper eradicates the complexity associated with multiple networks and delivers optimal bandwidth utilization. With the latest routing platforms, the company aims to significantly improve the network for more agile service delivery and better security features for enhanced visibility and customer data protection. This is expected to provide a shorter time-to-market for new services while ensuring regulatory compliance and data security.

Segment routing simplifies operations and reduces resource requirements in the network by removing network state information from intermediate routers and placing path information into packet headers at the ingress node. This improves operational flexibility and agility for cost-effective user experiences as fewer network elements are involved, avoiding slow response to sudden network changes.

Juniper is set to capitalize on the growing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. The company is offering new suites of products, such as the T4000 core router, QFX data center platform, ACX and PTX packet/optical solution, among others. With the growing use of smartphones and tablets, mobile data traffic has gone up. This has resulted in higher demand for advanced networking architecture, leading service providers to spend more on routers and switches. Juniper is expected to benefit from the higher spending pattern among carriers to upgrade their networks to support incremental growth in data traffic.

Despite short-term challenges, particularly within the cloud and service provider verticals, Juniper expects healthy progress in most areas of its business, which augurs well for its long-term growth. The company has made significant changes to its go-to-market structure to better align its sales strategies with each of its core customer verticals. Moreover, several new products are in the pipeline, which are expected to further strengthen its competitive position across service provider, cloud and enterprise markets.

The stock has lost 10.7% over the past year compared with the industry’s decline of 15.7%.

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Juniper currently has a Zacks Rank #2 (Buy).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Arista Networks, Inc. ANET, sporting a Zacks Rank #1, is likely to benefit from the strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista has a long-term earnings growth expectation of 17.5% and delivered an earnings surprise of 12.7%, on average, in the trailing four quarters.

It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed datacenter segment. Arista is increasingly gaining market traction in 200- and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.

InterDigital Inc. IDCC, carrying a Zacks Rank #2, is focused on pursuing agreements with unlicensed customers in the handset and consumer electronics markets. The company aims to become a leading designer and developer of technology solutions and innovation for the mobile industry, IoT and allied technology areas by leveraging its research and development capabilities, technological know-how and rich industry experience.

InterDigital intends to enhance its licensing revenue base by adding licensees and expanding into adjacent technology areas that align with its intellectual property position. It has a long-term earnings growth expectation of 11.4% and delivered an earnings surprise of 40.3%, on average, in the trailing four quarters.

Deutsche Telekom AG DTEGY, sporting a Zacks Rank #1, is likely to benefit from the accretive post-merger integration of T-Mobile US Inc. and Sprite in the United States, in which it owns about 43% stake. The removal of forced cable TV access in multiple dwelling units in Germany through telecom legislation is likely to help Deutsche Telekom expand its broadband market.

Moreover, an aggressive fiber rollout strategy across the country is expected to augment its domestic market hold. The Zacks Consensus Estimate for current-year earnings for Deutsche Telekom has been revised 21.8% upward over the past year. It has a VGM Score of A and a long-term earnings growth expectation of 15.7%. The stock has gained 38% in the past year.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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