Back to top

Image: Bigstock

Juniper (JNPR) Enhances Digital Transformation at Oxford

Read MoreHide Full Article

Juniper Networks Inc. (JNPR - Free Report) is set to revolutionize digital experiences at the University of Oxford, the world’s oldest and most prestigious educational institution. By deploying Juniper's cloud-delivered wireless access solution driven by Mist AI, Oxford University aims to provide a modern digital platform for its students, faculty, staff and guests.

With a focus on education, research and personal connectivity, Oxford University continually invests in its technology infrastructure to ensure effective communication, information sharing and collaboration among its community. The adoption of Juniper's AI-driven Wi-Fi solution will optimize the user experience across various departments, libraries, student rooms and colleges.

Juniper's cloud-delivered services, including Juniper Mist Wireless Assurance and Marvis Virtual Network Assistant, equip the university's IT staff with unparalleled insights into individual user experiences. These AI-driven operations offer automated event correlation, predictive analytics and self-driving network operations, streamlining deployment, management and troubleshooting of Wi-Fi services.

One of the key challenges faced by Oxford University was implementing world-class Wi-Fi across its historic buildings, some dating back 800 years. Juniper's Wi-Fi 6 access points, leveraging existing mounting brackets and unique location services, provide optimal coverage with minimal disruption to service. Additionally, the use of Marvis, the industry's only Virtual Network Assistant driven by Mist AI, empowers IT teams to benefit from natural language understanding, event correlation and self-driving operations for enhanced fault isolation, correction and network optimization.

Juniper is set to capitalize on the growing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. The company offers 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.

The stock has gained 12.4% over the past year against the industry’s decline of 7.2%.
 

Zacks Investment Research
Image Source: Zacks Investment Research

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

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

Other Key Picks

InterDigital, Inc. (IDCC - Free Report) , sporting a Zacks Rank #1, delivered an earnings surprise of 170.89%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 579.03%. It has a long-term earnings growth expectation of 13.9%.

It is a pioneer in advanced mobile technologies that enables wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular and wireless 3G, 4G and IEEE 802-related products and networks.

Akamai Technologies, Inc. (AKAM - Free Report) , carrying a Zacks Rank #2, delivered an earnings surprise of 4.9%, on average, in the trailing four quarters. It has a long-term earnings growth expectation of 10%.

Akamai is a global provider of content delivery network and cloud infrastructure services. The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications, etc. Akamai’s offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers.

Viasat Inc. (VSAT - Free Report) , sporting a Zacks Rank #1, enjoys a leading position in the satellite and wireless communications market. Headquartered in Carlsbad, CA, it designs, develops and markets advanced digital satellite telecommunications and other wireless networking and signal processing equipment. The company serves its high-bandwidth, high-performance communications solutions to the public as well as military, enterprises and government enterprises.

Viasat is ramping up investments in the development of its revolutionary ViaSat-3 broadband communications platform, which will have nearly 10 times the bandwidth capacity of ViaSat-2. These satellites will be capable of covering one-third of the world, including all Americas.

Disclaimer: This article has been written with the assistance of Generative AI. However, the author has reviewed, revised, supplemented, and rewritten parts of this content to ensure its originality and the precision of the incorporated information.

Published in