Menu
Juniper ANZ bullish despite flat global forecast

Juniper ANZ bullish despite flat global forecast

Juniper Networks is forecasting flat revenue for its first quarter due to a lack of clarity in the economic situation, but the company’s Australia and New Zealand management remain bullish.

Overall IT spending is down 10 percent to 15 percent from 2008, according to Juniper Networks CEO Kevin Johnson. But due to market uncertainty, Johnson would not speculate last week on when spending might pick up again.

“I’m not going to comment,” Johnson said when asked about a rebound in IT spending, which he said closely tracks the US gross domestic product.

“We’re going to be agile quarter to quarter.”

This lack of clarity prompted Juniper to forecast revenue of US$800 million to US$830 million for the first quarter, which is flat and down to three percent from a year ago.

Johnson says current trends in enterprise networking play to Juniper’s strengths. Customer requirements for “centralised” computing architectures, in which resources are physically housed in datacentres and dispersed to remote locations through cloud computing and virtualisation, demand the “pure play high performance networking” that Juniper espouses.

That was a message echoed by Juniper’s first New Zealand country manager, Ian Quinn, last week. Quinn, who was appointed in January, says Juniper’s traditional service provider market is healthy in New Zealand because of investment and regulatory changes over the last few years.

“We see a lot of opportunity on the enterprise side, with companies having to do more with less,” he says.

In particular, network and security virtualisation are allowing enterprises to cut the number of boxes on their networks and the operational expenditure needed to support them. Security virtualisation of firewalls is also delivering increased consolidation and lower maintenance costs, he says.

Sales to the enterprise market now accounts for 31 percent of Juniper’s global revenue.

Shaun Page, Juniper’s ANZ vice president, based in Melbourne, says growth is anticipated in New Zealand and concedes that is a bold statement given the state of the economy. He says as IT budgets are squeezed, Juniper is getting more “air-time” in the enterprise.

Page says virtualisation allows organisations to set up what appear to be separate networks, with different applications, but running on the same physical infrastructure. This can also be used to help manage mergers and acquisitions. It also makes it possible for different organisations, say government departments, to share infrastructure.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags juniper

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Show Comments