Juniper Networks
By CIO New Zealand staff | Monday, January 11 2010
Despite the economic downturn and an 11 percent drop in second-quarter revenue, Juniper decided not to cut back on its research and development.

Global HQ: Sunnyvale, California, US
Website:
www.juniper.net
Global leader: Kevin Johnson, CEO
Local leader: Adam Judd, senior VP, Asia-Pacific
Core business: Network security, performance solutions, telecoms
Revenue: US$3.6 billion (FY08 ended December 31)
Key customers: Telecom New Zealand, Daewoo, Interac, Philadelphia Stock
Exchange, Bangchack Petroleum, Frankfurt University, Ericsson
Employees: 7000
Despite the economic downturn and an 11 percent drop in second-quarter revenue, Juniper decided not to cut back on its research and development.
Instead, the networking specialist slashed costs, including senior executives’ salaries, to support its worldwide research budget of about $800 million.
Another reason for Juniper to feel bullish is its network operating system, JUNOS, which uses a single code base for switching, routing and security.
This year, Juniper announced updates to its partnerships with IBM and Nokia Siemens Networks. As an extension of its two-year partnership with IBM, Juniper entered into an OEM agreement with the company to increase its market presence across the globe.
Juniper and Nokia Siemens Networks announced an enhancement to their partnership, with plans to deliver a fully interoperable carrier Ethernet solution intended to provide resilient access and aggregation for service
providers worldwide.
Jack Loo