Juniper Networks, Inc. (JNPR - Free Report) recently announced that ESDS has successfully implemented its high-performing networking solutions to enhance cloud application delivery for greater speed and scalability. The solutions include QFX 5100, EX 4550 and MX 104, which have enabled rapid and secure cloud application delivery to customers. ESDS is an India-based managed data center service and auto-scalable cloud solution provider.
A majority of ESDS’ customers belongs to critical sectors such as government and financial services industry, which demand a reliable network with high-performance and uninterrupted access to their applications. As such, the cloud hosting company is experiencing an increase in workload due to a rapidly growing clientele, requiring a high-performance and low latency network that could help it securely deliver cloud applications without risk of delay or disruption.
By partnering with Juniper, ESDS expects to optimize, automate and secure its cloud application delivery infrastructure. Moreover, the deployment of Juniper’s Junos OS has enabled ESDS to streamline operations and improve network management while reducing its total cost of ownership by 20% while improving customer traffic by more than 50% year over year. Junos OS powers Juniper’s broad portfolio of physical and virtual networking and security products. It automates network operations with streamlined precision, ensuring operational efficiency and frees up time and resources for top-line growth opportunities.
Juniper will power ESDS with cloud transformation as it creates a secure, scalable and automated multicloud environment for its customers. The company is simplifying the journey for customers toward a secure and automated multicloud. It intends to continue its partnership with ESDS to support its expansion in building a progressive and future-ready cloud for India.
Juniper’s QFX Series data center switches, SRX Series firewalls and MX Series routers provide a common set of building blocks with a range of merchant and custom silicon options. A shared common automation framework helps to accelerate service deployment.
In the past three months, shares of Juniper have rallied 15.2%, outperforming the industry’s growth of 7.3%.
Juniper currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the broader industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Micron Technology, Inc. (MU - Free Report) and Ubiquiti Networks, Inc. (UBNT - Free Report) . While Comtech and Micron sport a Zacks Rank #1 (Strong Buy), Ubiquiti carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average being 123.7%.
Micron has a long-term earnings growth expectation of 8.2%. It beat earnings estimates in each of the trailing four quarters, the average being 5.9%.
Ubiquiti has a long-term earnings growth expectation of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters with an average positive surprise of 8.9%.
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