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Exam Code: JN0-1101 Practice exam 2022 by Killexams.com team
JN0-1101 Design, Associate (JNCDA)

Exam Name : Design Associate
Exam Number : JN0-1101 JNCDA
Exam Duration : 90 minutes
Questions in exam : 65
Passing Score : Variable (60-70% Approx.)
Recommended Training : Juniper Networks Design Fundamentals (JNDF)
Exam Registration : PEARSON VUE
Real Questions : Juniper JN0-1101 Real Questions
VCE practice questions : Juniper Networks Certified Design Associate Practice Test

Customer Network Design Requirements
- Identify initial network design requirements
Securing the Network
- Identify security design principles
Business Continuity
- Identify network design considerations for business continuity
Network Automation and Management
- Describe design considerations for network automation
- Describe design considerations for network management strategies
Network Design Architectures
- Describe considerations for a campus or branch network
- Describe considerations for a WAN
- Describe considerations for a data center

Design, Associate (JNCDA)
Juniper answers
Killexams : Juniper answers - BingNews http://www.bing.com:80/news/search?q=Juniper+answers&cc=us&format=RSS Search results Killexams : Juniper answers - BingNews http://www.bing.com:80/news/search?q=Juniper+answers&cc=us&format=RSS https://killexams.com/exam_list/Juniper Killexams : Pakistan's Jazz Selects Juniper to Build Fully-Automated Data Center Infra

Juniper Networks has been selected by Jazz, Pakistan’s number one 4G operator and the largest internet and leading digital service provider, to create a transformative, expanded and upgraded data center network to underpin Jazz’s services delivery platform for its 74.9 million subscribers. 

Jazz’s objective was to reimagine its architectural approach by leveraging continuous automation, assurance and data-driven insights to deliver a superior network user experience at scale while simplifying its operations.

Jazz offers the broadest portfolio of value-added digital services to enterprises and subscribers in Pakistan and has built a reputation for cutting-edge innovation with the ability to scale cloud-based services quickly and reliably. Following a rigorous vendor-agnostic technology appraisal, focused on the operational and cost efficiencies made possible by network automation, Jazz selected Juniper’s technology and expertise to underpin this latest project. Juniper’s advanced automation capabilities, transforming the entire network management lifecycle process within a single system, were a standout in the market.

The new network will support a wide range of customer-facing services that demand reliability and fast data throughput to support a consistently strong user experience. These include cloud-based enterprise data services, mobile banking, music and video download/streaming services, as well as professional services such as an agricultural application for four million farmers who rely on it for information, advice and guidance in remote areas.

Jazz will deploy the Juniper Apstra System to deliver true intent-based networking (IBN) capabilities. This enables Jazz to design and operate its data center network based on outcomes, with the entire data center lifecycle automated, from Day 0 (design) through Day 1 (configuration and deployment) to Day 2+ (ongoing operations).

Jazz has previously deployed  from Juniper for 400G-ready connectivity for its metro and internet gateway infrastructure. The new QFXs leverage the same Junos® OS operating system, providing a consistent networking estate for Jazz to manage and operate.

The network’s initial design is tied to day-to-day operations, enabling a single source of truth throughout its lifecycle. Automation provides a continuous feedback loop of real-time data insights, validation and root cause identification to minimize mean-time-to-repair (MTTR).This approach will enable Jazz to operate a much more efficient, reliable and agile network. It will help to deploy new service features, optimizing user experience for both network teams and customers.The new data center infrastructure includes a spine-and-leaf architecture built with the Juniper Networks QFX Series Switches and fully integrated with the Juniper Apstra System.

Abdul Rehman Usmani, Vice President of Technology at Jazz
In common with all service providers globally, Jazz faces relentless data demand and heightened expectations for seamless digital services. As a result, we wanted to completely rethink our data center operations, using ground-breaking automation to create the best possible user experiences for our enterprise customers and subscribers. Operational simplicity was another important goal, to deliver cost reductions and improved ease of use for our technical teams in the face of massive demand at scale.

Mike Bushong, Vice President, Cloud Ready Data Center at Juniper Networks
The power of automation, bound within a single operational framework thanks to intent-based networking, enables Jazz to address the relevant operational questions, find the right answers quickly and make the best decisions. This means its network becomes a strategic business tool, leveraging data to deliver robust deployment and operational efficiencies and eliminates traditional network constraints that force choices between speed and reliability.

Tue, 09 Aug 2022 12:19:00 -0500 en text/html https://www.thefastmode.com/technology-solutions/26786-pakistans-jazz-selects-juniper-to-build-fully-automated-data-center-infra
Killexams : Juniper Networks chosen by Jazz to build fully-automated data center infrastructure
  • Intent-based networking to enable superior user experiences for cloud-scale consumer and business services

Dubai, UAE - Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, announced that it has been selected by Jazz, Pakistan’s number one 4G operator and the largest internet and leading digital service provider, to create a transformative, expanded and upgraded data center network to underpin Jazz’s services delivery platform for its 74.9 million subscribers. Jazz’s objective was to reimagine its architectural approach by leveraging continuous automation, assurance and data-driven insights to deliver a superior network user experience at scale while simplifying its operations.

Jazz offers the broadest portfolio of value-added digital services to enterprises and subcribers in Pakistan and has built a reputation for cutting-edge innovation with the ability to scale cloud-based services quickly and reliably. Following a rigorous vendor-agnostic technology appraisal, focused on the operational and cost efficiencies made possible by network automation, Jazz selected Juniper’s technology and expertise to underpin this latest project. Juniper’s advanced automation capabilities, transforming the entire network management lifecycle process within a single system, were a standout in the market.

News Highlights

  • The new network will support a wide range of customer-facing services that demand reliability and fast data throughput to support a consistently strong user experience. These include cloud-based enterprise data services, mobile banking, music and video download/streaming services, as well as professional services such as an agricultural application for four million farmers who rely on it for information, advice and guidance in remote areas.
  • Jazz will also use the network to power key internal workloads such as CRM and billing.
  • Jazz will deploy the Juniper Apstra System to deliver true intent-based networking (IBN) capabilities. This enables Jazz to design and operate its data center network based on outcomes, with the entire data center lifecycle automated, from Day 0 (design) through Day 1 (configuration and deployment) to Day 2+ (ongoing operations).
  • The network’s initial design is tied to day-to-day operations, enabling a single source of truth throughout its lifecycle. Automation provides a continuous feedback loop of real-time data insights, validation and root cause identification to minimize mean-time-to-repair (MTTR).
  • This approach will enable Jazz to operate a much more efficient, reliable and agile network. It will help to deploy new service features, optimizing user experience for both network teams and customers.
  • The new data center infrastructure includes a spine-and-leaf architecture built with the Juniper Networks QFX Series Switches and fully integrated with the Juniper Apstra System.
  • Jazz has previously deployed MX Series Universal Routing Platforms from Juniper for 400G-ready connectivity for its metro and internet gateway infrastructure. The new QFXs leverage the same Junos® OS operating system, providing a consistent networking estate for Jazz to manage and operate.

Supporting Quotes

“In common with all service providers globally, Jazz faces relentless data demand and heightened expectations for seamless digital services. As a result, we wanted to completely rethink our data center operations, using ground-breaking automation to create the best possible user experiences for our enterprise customers and subcribers. Operational simplicity was another important goal, to deliver cost reductions and improved ease of use for our technical teams in the face of massive demand at scale. We evaluated multiple vendors, but Juniper’s ability to deliver the exact networking outcomes we needed meant that a highly strategic decision was very straightforward to make.”

  • Abdul Rehman Usmani, Vice President of Technology at Jazz

“The power of automation, bound within a single operational framework thanks to intent-based networking, enables Jazz to address the relevant operational questions, find the right answers quickly and make the best decisions. This means its network becomes a strategic business tool, leveraging data to deliver robust deployment and operational efficiencies and eliminates traditional network constraints that force choices between speed and reliability. Based on data from other Juniper customers, the result will be dramatic savings on downstream costs and tremendous returns on networking investments.”

  • Mike Bushong, Vice President, Cloud Ready Data Center at Juniper Networks

-Ends-

About Juniper Networks 

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

Media Relations: 
Penny Still
Juniper Networks 
pstill@juniper.net  

Mon, 08 Aug 2022 21:57:00 -0500 en text/html https://www.zawya.com/en/press-release/companies-news/juniper-networks-chosen-by-jazz-to-build-fully-automated-data-center-infrastructure-si894rz9
Killexams : The Ever-Increasing Issue of Cyber Threats - and the Zero Trust Answer

The benefits of ZTNA make it hard to ignore

Ensuring that the right people have access to the proper resources when they need them whilst maintaining security and access controls across multiple data centers and cloud environments is one of the biggest technical challenges any organization faces.

Having too much security can slow business and create disgruntled employees who may look for ways to circumvent processes and make their job simpler. What they fail to realize is that unsanctioned solutions, which are not managed by the security team, increase risk, and can make it easier for an accidental breach to occur.

The world is hyper-connected. People have expectations of gaining instant access – safely and securely. However, we also live in a changing world – events of the last two years have proven this beyond doubt. With IT constantly moving, security needs to adapt and evolve whilst keeping ahead of current trends.

Cyber Threats Meet Their Match

Ransomware is still a great money maker. Targeted attacks have embarrassed businesses, but for the most part, it’s simple: Lock data, threaten to expose data and request the ransom. In 2021, it was reported that more than 60 percent of businesses paid ransoms, so the reality is that this trend will continue. In February 2022, the Joint Cybersecurity Advisory released a ransomware advisory update alerting the serious nature of this threat and guiding how to protect against it.

This brings us to Remote Desktop Protocol (RDP), an administration solution which allows users to access their desktop and run applications remotely. In the last few years, there has been an uptick in attacks using RDP connections, and selling RDP credentials on the dark web has become commonplace. Businesses need to manage strict access policies to ensure that only the right people gain access – strong passwords, changing standard RDP TCP ports and restricting access to a user account.

It’s not all bad, as we’ve seen a rise in security standards that help keep threats on the outside, and one of the most exciting is Zero Trust Network Access or ZTNA. As a concept, this has been around for several years, but recently vendors have created methodologies and product frameworks to support ZTNA in enterprise use.

The Zero Trust Solution

ZTNA is the answer to a problem – how to ensure that only the correct user has access to resources all the time. The default posture for ZTNA is no-access, and rights are re-confirmed at every stage to ensure nothing has changed. Suppose someone uses tools to hide their identity or connect from an unknown location. They may gain initial user/password access only to be immediately rejected when opening an application or resource.

This framework may sound complicated, but ZTNA has many benefits and can simplify or remove many challenges with managing security. Let’s take a deeper dive into the benefits of ZTNA:

• User management is simplified and clarified as accounts are not seen as internal, remote or external, but just as accounts all treated the same. Management is more straightforward, and users get equal treatment wherever they are located.

• Layered security using identity, location, device information and factored authentication guarantees that your security posture is always dialled up to the strongest setting, wherever the environment.

• Because ZTNA assumes a ‘trust no-one, assume nothing’ approach, anyone accessing the network will only see resources and applications through a lens of their direct access privileges. A benefit of this is that, should an attacker gain access to the network, their visibility will be hampered. Getting deeper into the system will be more difficult by the repeated need to check security, check device configuration and re-authenticate the user account.

• Visibility and control are improved as resources are treated equally, the security team has visibility of everything from office applications to every cloud platform in use and spinning up shadow-IT or rogue systems is not possible because these un-managed systems will not be able to inherit system access and users will be unable to authenticate.

• Most importantly, ZTNA should be transparent to users, with agent-based management to gather essential information on users and devices, which is then used to provide seamless network access to applications and resources that users legitimately need to access. 

The benefits of ZTNA make it hard to ignore. Reduced risk of a data-breach and access controls for cloud resources keep the business and technical teams happy, while the overall user experience is greatly improved by using Single Sign On (SSO) which makes access to applications and services much more usable.

ZTNA is also one of the most potent security opportunities we have today. As discussed above, a well-implemented ZTNA with the ‘trust-no-one, assume nothing’ mantra is also a great tool to mitigate potential attacks.

A well-managed network with secure data and services when combined with happy users easily accessing their resources makes for a very compelling ZTNA business case, and one that’s worth looking at today, if not sooner.

Laurence Pitt is Global Security Strategy Director at Juniper Networks. He joined Juniper in 2016 and is the security subject matter expert for the corporate marketing team. He has over twenty years of cyber security experience, having started out in systems design and moved through product management in areas from endpoint security to managed networks. In his role at Juniper, he articulates security clearly to business and across the business, creating and having conversations to provoke careful thought about process, policy and solutions. Security throughout the network is a key area where Juniper can help as business moves to the cloud and undertakes the challenge of digital transformation.
Previous Columns by Laurence Pitt:
Tue, 02 Aug 2022 23:11:00 -0500 en text/html https://www.securityweek.com/ever-increasing-issue-cyber-threats-and-zero-trust-answer
Killexams : Dad found dead after going for a 'lie down' at home No result found, try new keyword!A dad who returned home from dropping his children off at school and went upstairs for a “lie down” was found dead a short time later, an inquest heard. Karl Bramwell, 41, was found in his bedroom at ... Mon, 08 Aug 2022 02:47:04 -0500 en-gb text/html https://www.msn.com/en-gb/news/newsliverpool/dad-found-dead-after-going-for-a-lie-down-at-home/ar-AA10ryrP Killexams : What Does Juniper Networks, Inc.'s (NYSE:JNPR) Share Price Indicate?

Juniper Networks, Inc. (NYSE:JNPR), might not be a large cap stock, but it saw significant share price movement during latest months on the NYSE, rising to highs of US$36.79 and falling to the lows of US$27.63. Some share price movements can supply investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Juniper Networks' current trading price of US$28.37 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Juniper Networks’s outlook and value based on the most latest financial data to see if there are any catalysts for a price change.

View our latest analysis for Juniper Networks

Is Juniper Networks still cheap?

Juniper Networks is currently expensive based on my price multiple model, where I look at the company's price-to-earnings ratio in comparison to the industry average. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 27x is currently well-above the industry average of 21.8x, meaning that it is trading at a more expensive price relative to its peers. Furthermore, Juniper Networks’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach levels around its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.

What does the future of Juniper Networks look like?

earnings-and-revenue-growth

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Juniper Networks' earnings over the next few years are expected to increase by 44%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

What this means for you:

Are you a shareholder? JNPR’s optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe JNPR should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

Are you a potential investor? If you’ve been keeping an eye on JNPR for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for JNPR, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.

With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Juniper Networks.

If you are no longer interested in Juniper Networks, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Thu, 14 Jul 2022 10:16:00 -0500 en-US text/html https://finance.yahoo.com/news/does-juniper-networks-inc-nyse-142435753.html
Killexams : Juniper Networks (JNPR) Q2 Earnings Lag Estimates

Juniper Networks (JNPR) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this computer network equipment maker would post earnings of $0.32 per share when it actually produced earnings of $0.31, delivering a surprise of -3.13%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Juniper , which belongs to the Zacks Wireless Equipment industry, posted revenues of $1.27 billion for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 1%. This compares to year-ago revenues of $1.17 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Juniper shares have lost about 20.4% since the beginning of the year versus the S&P 500's decline of -16.8%.

What's Next for Juniper?

While Juniper has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Juniper: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $1.3 billion in revenues for the coming quarter and $1.95 on $5.12 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless Equipment is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Sierra Wireless (SWIR), is yet to report results for the quarter ended June 2022. The results are expected to be released on August 11.

This wireless broadband modem maker is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of +800%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Sierra Wireless' revenues are expected to be $166.74 million, up 25.6% from the year-ago quarter.


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Tue, 26 Jul 2022 16:20:00 -0500 en-US text/html https://finance.yahoo.com/news/juniper-networks-jnpr-q2-earnings-213509802.html
Killexams : Runcorn dad found dead after going for 'lie down' after school run No result found, try new keyword!A dad who went upstairs for a "lie down" after returning home from dropping his children off at school was found dead a short time later, an inquest heard. Karl Bramwell, 41, was discovered in his ... Mon, 08 Aug 2022 16:00:00 -0500 en-gb text/html https://www.msn.com/en-gb/news/uknews/runcorn-dad-found-dead-after-going-for-lie-down-after-school-run/ar-AA10ssUU Killexams : GlucoTrust Reviews 2022: Does it Help in Diabetes Management?

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Due to the increasing trend of diabetes, the healthcare industry is in the race to produce various diabetes treatments and supplements. 

The industry aims to develop better products for prevention and disease control. While actual diabetes can be controlled with a proper diet and medications, staying consistent with a proper diet is not easy. 

Therefore, this supplement with all-natural ingredients may be the best product to help you naturally control your blood glucose level. It is called GlucoTrust, a powerful pill that can Strengthen your health. Read more as we talk about GlucoTrust reviews and how it works to aid your body’s metabolism to maintain a normal blood glucose level.

GlucoTrust Review: Brand Overview

Maximum Edge Nutrition, the creator of GlucoTrust, has been producing numerous health supplement products over the years. GlucoTrust is one of the trusted supplements that aim to help the human system regulate blood sugar. The supplement primarily helps keep your blood sugar in check, boost metabolism, and prevent related health risks. This supplement contains only natural ingredients, and the company makes it by blending different herbs.

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GlucoTrust Ingredients

A trusted supplement must contain natural and safe ingredients for consumers. That is why GlucoTrust emphasizes the importance of product formulation from a natural source to ensure safety, quality, and efficiency. GlucoTrust contains various herbs and organic compounds in its ingredient blend. The main highlights are Gymnema Sylvestre, Juniper Berries, Cinnamon, Licorice, Manganese, Biotin Chromium, and Zinc.

This nutritious extract is from the Gymnema plant, which primarily grows in India and Africa. It has been used as a health remedy for many years. The extract contains a chemical compound called gymnemic acid, which lowers blood sugar levels and controls how much sugar your stomach can absorb. It’s widely known to have an anti-diabetic effect that can increase insulin levels after a high sugar intake. It’s also helpful for those people who struggle with insulin resistance. It stimulates the repairing of the pancreatic cells enabling the organ to secrete more insulin. This causes an increase in glucose absorption into the cells. 

Gymnemic acid is also beneficial to prevent obesity, which is one of the underlying conditions of diabetes. As more fat accumulates in the body, it will produce an enzyme called resistin that can prevent insulin from taking action on glucose. This condition will result in more glucose buildup in the blood, which will lead to diabetes. However, the chances of that happening in the presence of gymnemic acid is low. It can block excess carbs and fats from binding to the body’s cells. This action will reduce fat storage in the body while helping to control blood sugar levels.

Juniper berries are fruit-like seed cones from a juniper tree, Juniperus Communis. It is a good source of vitamin C and has many beneficial health effects such as anti-diabetic, anti-inflammatory, diuretic, and antioxidant. A study found that oral consumption of juniper berries may regulate glucose levels in the blood due to high insulin activity. Thus, it can prevent blood sugar levels from increasing to the extreme.

Cinnamon is a category of spices that used to have a high value and was only available to kings in ancient Egyptian history. It is made from the inner bark of the trees and has been used as a seasoning in cooking, perfumes, and medications. 

Over the years, people have believed that cinnamon can lower blood sugar levels to help in diabetes control. Due to the high demand for cinnamon supplements as a part of the diet for diabetic patients, researchers have done a few studies to prove the benefits.

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However, in diabetes management, a study found that licorice has the potential to support the treatment of diabetes mellitus. Licorice can increase insulin sensitivity to its receptor, thus utilizing more glucose in the body. As a result, it will lower blood glucose levels reducing the risk of diabetes. In addition, licorice may increase blood pressure; therefore, try to avoid licorice if you have hypertension.

Manganese is one of the essential nutrients for the body to keep functioning correctly. You can find this trace mineral in many types of food, such as green vegetables, nuts, and legumes. In the body, manganese acts as an aid in many processes, including bone formation, human cell revival, cholesterol production, and more. In other words, manganese will boost your body’s ability to absorb nutrients properly. Manganese also plays a notable role in managing blood sugar levels. Researchers found that people with lower manganese levels have a higher risk of diabetes. It proves that manganese has a potential impact during diabetes treatment.

Vitamin B7, or biotin, is a water-soluble vitamin essential in your body’s metabolism. Biotin aids in protein, carbs, and fats breakdown to be used by your body as energy. Besides that, it also assists in enzyme action to carry nutrients to relevant parts of the body. As it involves many body processes, biotin may help Strengthen blood glucose regulation. It also can lower the risk of heart disease as it stimulates the production of high-density lipoprotein (HDL) cholesterol and reduces low-density lipoprotein (LDL) cholesterol levels. Moreover, when it’s formulated with other compounds in a supplement, biotin will optimize the absorption of the nutrients and increase the product’s efficacy.

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Zinc is an essential mineral that your body doesn’t produce, and it means that you need to consume zinc from food or supplements. This mineral is vital for health benefits such as improving immunity, wound healing, growth, enzymatic reactions, and protein synthesis. Zinc is also the most crucial nutrient for your sense of taste and smell, and the enzyme responsible for stimulating these two senses is highly dependent on zinc for action. Lacking zinc in the body may result in loss of taste and smell.

How Does GlucoTrust Work?

The ingredients in GlucoTrust reflect how the product works in your body. The natural formulation of beneficial nutrients and fifteen herbs is perfect for providing the necessary results that you desire. GlucoTrust works as follows:

Improve Insulin Sensitivity

GlucoTrust contains natural ingredients that can increase insulin sensitivity. When you consume the pill, the nutrients from the formulation will promote higher enzymatic activities, which increase insulin sensitivity to its receptor. As a result, more insulin will bind to its receptor on the cell, thus increasing glucose uptake. GlucoTrust also will inhibit the enzyme that is responsible for altering insulin receptors. Your body will optimize glucose utilization to control your blood glucose levels when this happens.

Stimulate Pancreatic Cells to Release Insulin

Some diabetic patients have an impairment in the pancreatic beta-cell that produces insulin. It will result in a slower response to a blood sugar spike and low insulin secretion. When you take GlucoTrust, gymnemic acid in the product can promote the healing of pancreatic cells, thus improving its function. As a result, the beta cell will secrete more insulin to keep up with the blood glucose levels. It will also prevent sudden blood sugar spikes that may cause other problems like dizziness.

Promote Energy Release

The formulation of natural ingredients in GlucoTrust can optimize energy usage from your meal intake. It can assist in macronutrients breakdown, enzymatic reactions, and nutrients absorption. When your body breaks down all nutrients properly, it will release energy as fuel for your body’s metabolism. Sufficient energy is vital to ensure your body systems are running smoothly and supply power to your daily activities.

Benefits of Using GlucoTrust

The company promises consumers a list of benefits, and the main highlight is to control blood sugar. Due to the great formulation in the product, GlucoTrust also gives other health benefits which can Strengthen your quality of life.

  • Control and Manage Blood Glucose Level

All ingredients in GlucoTrust have the potential benefit for diabetes management. The formulation helps lower blood sugar for diabetic patients and increases blood sugar to the appropriate level for hypoglycemic patients. The ingredients work together to control insulin secretion and glucose uptake resulting in better blood sugar regulation. It also controls glycogen synthesis to ensure sufficient glucose is adequately used in the body. 

  • Improves Blood Circulation

As GlucoTrust contains biotin, it will transport necessary nutrients to each part of your body systems, including the heart muscles. A proper nutrient supply to the heart muscle will stimulate cell regeneration. As a result, the heart can perform its function better and Strengthen blood circulation. Besides that, biotin works with other vitamin B to prevent blood clotting in the veins due to excess amino acids. This action will also help remove bad cholesterol from the blood, thus promoting better blood flow. 

Sugar cravings happen due to a sudden blood sugar spike that usually happens after taking a high sugary food. When you consume too much sugar at a time, your body releases much insulin to cope with the situation and may lower your blood glucose levels. This situation will make your body crave more sugar for energy. You can prevent this from happening by taking GlucoTrust. This supplement will stimulate the secretion of insulin at the appropriate level. This way, your body will feel satisfied and have fewer sugary food cravings.

  • Promotes Healthy Weight Loss

The formulation in GlucoTrust is also made to aid in weight loss. This product will help suppress your appetite, so you will feel full quickly after taking a meal. The product improves your body’s process of effectively breaking down nutrients for energy. It works by supporting the enzymatic activities of amylase, protease, and lipase. These enzymes are responsible for carbs, protein, and fat metabolism. It also means that it will burn fat more intensely, which results in a lower body fat percentage.

  • Promotes High-Quality Sleep

GlucoTrust promises consumers to have a deep sleep after taking the pill. You will experience a restful night when you take GlucoTrust half an hour before bedtime. This supplement contains chemicals that can help to stimulate your parasympathetic nervous system (PSNS). PSNS helps the body relax, slow down your heart rate, and supply comfort for a night of better sleep. When you have a good deep sleep, your body will have enough time to recharge and supply energy to your body cells for their process. 

Side Effects of GlucoTrust

Generally, there are no side effects that will occur if you take GlucoTrust in its recommended dosage. Remember that everything in excess is dangerous. However, the body reactions of each individual are different. While this supplement is safe and organic, we must also consider the ingredients’ composition. You must observe how your body accepts the supplement and may continue if there are no adverse effects. 

You may expect effects like dizziness and indigestion due to zinc and increased blood pressure due to the licorice root. Though no specific amount of licorice can cause the outcome, you can be cautious and alert to your body’s response. If you take diabetes medicine along with GlucoTrust, you need to observe your blood glucose levels regularly. It ensures that your sugar will not drop too low as hypoglycemia may happen.

Who Should Use GlucoTrust to Reduce Blood Sugar Levels?

It’s essential to have a healthy body with normal blood sugar levels. The increase in blood sugar level to an extreme level will weaken your body’s immune system. Moreover, excess glucose in your blood can disrupt normal body functions and increase the risk of getting other chronic diseases.

A normal blood glucose level for a healthy person in a non-fasting state should be lower than 140 mg/dL. If your blood sugar level is slightly higher than that, there is a high chance you will get diabetes if you don’t take steps to prevent the disease. As an early intervention, you should take GlucoTrust to help your body regulate your blood sugar level, keeping it regular.

Suppose you’re a diabetic patient finding it challenging to continue with a medication routine. You can take GlucoTrust daily. The supplement will help you ensure your body sugar metabolism remains optimal. In addition, people with underlying health conditions due to high glucose levels in the blood should also use GlucoTrust to Strengthen their immune system and general wellness. GlucoTrust is also fit for those who want to control blood glucose levels without following a restricted diet plan or an exercise program.

As GlucoTrust targets those with inconsistent insulin levels, you should also take the supplement if you have low blood glucose levels because your body’s insulin production is low.

Experts define low blood sugar level as having less than 70 mg/dL; a condition also called hypoglycemia. You will quickly feel dizzy and nauseous and may faint if your blood sugar is extremely low. Taking GlucoTrust will help you overcome the situation.

Who Should Refrain from Taking GlucoTrust

Some of the ingredients in GlucoTrust are not pregnancy and breastfeeding safe. Ingredients like Gymnema Sylvestre do not have enough data regarding usage during pregnancy and lactation. So, it’s better to avoid it. Moreover, juniper berries and licorice are not safe for pregnant and lactating mothers. Thus, if you’re an expectant mother, it’s best to take a supplement that contains all pregnancy-safe ingredients to avoid complications.

In addition, a patient that will undergo surgery also must avoid taking the pill at least two weeks before the surgery. It is to ensure the product will not affect the surgery procedure. In the same case, if you’re going for a lab test, you can’t take the pill before the test as it will interrupt the result. After all, if you have chronic conditions, please seek advice from your doctor before deciding on a supplement.

Finally, GlucoTrust is not recommended to children under eighteen. Children need natural sources for growth and development while the immune system is still strong. Therefore, if you’re still young, avoid taking GlucoTrust and opt for real food to maintain your health condition.

Dosage and Tips for GlucoTrust

The manufacturers recommend taking one pill per day at night before sleep. The product is highly effective in that you only need one capsule per day. The best time to consume the supplement is thirty minutes to one hour before going to bed. It’s to ensure your body has enough time to digest the product so it can perform efficiently afterward.

Schedule a brief medical check-up beforehand if you want to start taking GlucoTrust. It’s to ensure you know your body condition and take pieces of advice from a doctor for any health concerns. By doing this, you can also keep track of your blood glucose levels and know how the supplement affects your body condition.

Take the pills as instructed with a glass of water. Make sure to supply proper hydration and a balanced meal in your diet. Staying hydrated is crucial as it will enhance the electrolyte balance. When there’s an electrolyte imbalance, your body will need to work harder to repair it. This condition will alter other body processes, including insulin activity, glucose uptake, and nutrient absorption. 

After taking the pill, it’s best not to consume other food for a few hours or until the following day. Taking food after the pill may disrupt its activities and make it less effective. It also may interrupt your digestive system as more food is added and more processes are needed to break down the food.

The effect of taking GlucoTrust will take place around thirty days after starting the pill. For more significant results, you may need to consume it for sixty to ninety days and continue until six months for a consistent result. After all, your body may react differently, so make sure to observe your health condition regularly.

Where to Buy GlucoTrust and Guarantees

You can purchase GlucoTrust from the official website only, and there are no resellers, agents, or physical stores available. GlucoTrust brand offers three price options that supply three different package options.

The price of one bottle is relatively high when added to the shipping fee. The first one is one bottle purchase containing thirty pills for thirty days. The brand also offers combo prices of three and six bottles with a free shipping fee. Undoubtedly, the best deal you can get is the six bottles package that can save you $120. Moreover, purchasing through the website will supply you benefits like free complimentary gifts and a one hundred percent money-back guarantee.

They allow you to request a refund for a full six months. If you feel dissatisfied with the product within the period, you can reach out to them and return it to get a full refund. The company won’t ask for the reason for the refund. It doesn’t matter if you don’t get a positive result or you didn’t have the time to try it after purchasing it. It’s a “no questions asked” policy, showing that the company appreciates its consumers.

=> click here to visit the official website of Glucotrust

Conclusion: GlucoTrust Supplements for Healthy Blood Sugar Levels

GlucoTrust is a highly effective supplement for blood sugar control. It’s made of more than fifteen powerful ingredients that aid in many body processes. The ingredients are certified by the FDA as GRAS. Thus, you don’t have to worry about significant side effects that possibly can happen. If you don’t take the correct dosage, you may experience symptoms like dizziness, indigestion, and increased blood pressure.

Moreover, the company gives three e-books as gifts when purchasing more than three bottles. The package also comes with free shipping and a money-back guarantee. This way, you can save a lot of money and have a lot of time to try and observe the products’ efficacy. 

In short, if you’re looking for a daily supplement to control your blood sugar level, GlucoTrust is the answer. You can take the pill conveniently as you only need one pill per day. Consuming GlucoTrust will affect your blood sugar level and deliver other health benefits. GlucoTrust also can boost your body metabolism, Strengthen body system and process, aid in weight loss, and promotes sound sleep. 

Thu, 04 Aug 2022 23:35:00 -0500 en-US text/html https://dailygazette.com/glucotrust-reviews-2022-does-it-help-in-diabetes-management/
Killexams : Juniper Networks Inc's (JNPR) CEO Rami Rahim on Q2 2022 Results - Earnings Call Transcript

Juniper Networks Inc. (NYSE:JNPR) Q2 2022 Earnings Conference Call July 26, 2022 5:00 PM ET

Company Participants

Jess Lubert – Vice President of Investor Relations

Rami Rahim – Chief Executive Officer

Ken Miller – Chief Financial Officer

Conference Call Participants

Paul Silverstein – Cowen

Tim Long – Barclays

Amit Daryanani – Evercore

Rod Hall – Goldman Sachs

Alex Henderson – Needham

George Notter – Jefferies

David Vod – UBS

Simon Leopold – Raymond James

Angela Jin – JPMorgan

Aaron Rakers – Wells Fargo

Meta Marshall – Morgan Stanley

Sami Badri – Juniper

Tal Liani – Bank of America

Operator

Good afternoon, ladies and gentlemen, and welcome to the Juniper Networks' Second Quarter 2022 Financial Results Conference Call. At this time all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Jess Lubert, Vice President of Investor Relations. The floor is yours.

Jess Lubert

Thank you, operator. Good afternoon and welcome to our second quarter 2022 conference call. Joining me today are Rami Rahim, Chief Executive Officer; and Ken Miller, Chief Financial Officer. Today's call contains certain forward-looking statements based on our current expectations. These statements are subject to risks and uncertainties and actual results might differ materially. These risks are discussed in our most latest 10-Q, the press release, and CFO commentary furnished with our 8-K filed today and in our other SEC filings. Our forward-looking statements speak only as of today and Juniper undertakes no obligation to update any forward-looking statements.

Our discussion today will include non-GAAP financial results. Reconciliation information can be found on the Investor Relations section of our website under Financial Reports. Commentary on why we consider non-GAAP information a useful view of the company's financial results is included in today's press release. Following our prepared remarks, we will take questions. We ask that you please limit yourself to one question, so that as many people as possible who would like to ask a question have a chance.

With that, I will now hand the call over to Rami.

Rami Rahim

Good afternoon everyone and thank you for joining us on today's call to discuss our Q2 2022 results. We delivered strong top line results during the June quarter as total revenue of $1.270 billion exceeded the mid-point of our guidance and product revenue saw a second consecutive quarter of double-digit year-over-year growth despite ongoing challenges from a supply chain perspective. Demand remained strong and exceeded our expectations with product orders seeing double-digit year-over-year growth when adjusted to account for extended lead times. While gross orders experienced a single digit year-over-year decline, this was better than expected given the difficult comp in Q2 of last year, when the duration of customer orders began to extend.

Total product backlog increased meaningfully on both a sequential and a year-over-year basis to end at a record level, setting us up well for future revenue growth as this backlog eventually begins to normalize. Our focus on delivering solutions that Strengthen customer operations what we call experience-first networking continues to resonate across each of the markets we serve. This is evident in our Q2 results, which saw year-over-year revenue growth across all customer verticals.

Demand signals remain healthy and we are seeing attractive opportunities across our Enterprise Cloud and Service Provider markets. With that said, we are particularly encouraged by the Q2 momentum in our enterprise business, which not only delivered a record revenue quarter, but also saw orders increased by 20% year-over-year. We believe this strength is reflective of our sustainable differentiation and technology and user experience, both in our campus and our data center offerings, as well as the investments we've made in our go-to-market organization.

We believe these factors should enable us to gain share and deliver sustainable enterprise growth in future periods even if macro headwinds start to affect our markets. Another highlight in the quarter was the increased diversification within our Cloud vertical, where we saw improved momentum with multiple hyperscale providers and continued success with Cloud major accounts, both of which are adopting our 400 gig technology. Of our top 10 customers in the June quarter, six of them were Cloud accounts, which illustrates the diversification we are seeing. We view our increased Cloud diversification as a positive development, which should position this business for sustainable long-term growth.

Not to be overlooked, we continue to see healthy momentum in the service provider vertical and just recently secured a new 400 gig core win with one of the Tier 1 U.S. carriers. We're also making progress in the Metro market where we recently introduced several new platforms that will further enhance our competitive position in this attractive portion of the market. Our teams are executing well and we continue to feel good about our ability to capitalize on big opportunities tied to enterprise digital transformation and clarification initiatives, 400 gig upgrades at Cloud and Service provider customers and the broader adoption of Cloud-based services and network architectures. Based on my conversations with customers, these opportunities represent key strategic initiatives that should present a durable tailwind for our business over the next several years. While revenue was a bright spot and customer demand remained strong, margin and EPS came in weaker than we expected due to higher than expected supply chain costs and lower than expected perpetual software revenue, both of which I'd like to address.

First, from a supply chain perspective, the availability of remained extremely challenged during the June quarter, as we saw a meaningful uptick in the volume of provider decommits. In order to secure access to additional parts and get products to customers as soon as possible, we incurred higher costs than we anticipated at the beginning of the quarter. While some of these actions will impact profitability over the next few quarters, they are also enabling us to access more parts and better satisfy customer demand, which should have positive, longer term implications for our business.

Secondly, our software revenue mix came in lower than we expected, even though software revenue still grew 24% year-over-year. We believe the outlook for our software business remains strong and we are encouraged by the momentum we're seeing with our Junos Space Flex software, out-of-the-box subscription software and software-as-a-service offering, such as Mist. Much of this momentum can be seen in our deferred revenue from customer solutions, which grew 7% sequentially and 41% year-over-year. The truly ratable component of this deferred revenue, which accounts for more than half of the total, grew even faster, nearly doubling on a year-over-year basis.

In summary, demand remains strong and given the backlog we've built, along with the actions we've taken to secure more supply, we're now incrementally more confident regarding our top line outlook and our ability to ship products to customers. As a result, we now expect to deliver approximately 10% sales growth in 2022 and at least mid-single digit revenue growth in 2023.

While non-GAAP operating margin is likely to be flat to slightly down in 2022 due entirely to the lower than anticipated non-GAAP gross margin we now expect, we still expect non-GAAP earnings to grow. We remain focused on delivering improved profitability and expect margin to expand in 2023.

Now I'd like to provide some additional insights into the quarter and address some of the key developments we're seeing from a customer solutions perspective. Starting with Automated WAN, we delivered strong results in the Q2 timeframe and orders once again, exceeded expectations, but did decline year-over-year. Revenue grew year-over-year across all customer verticals, all geographies and all major product lines, including our MX, PTX and ACX families.

We are continuing to see strong 400-gig momentum with our cloud and service provider customers, including the new 400-gig core win with the U.S. Tier 1 provider that I previously referenced. This win was secured based on the strength of our PTX product family, which delivered the superior scale, embedded security and power efficiency this important customer requires.

I was also encouraged to see another quarter of strong demand for our newer MX platform leveraging our 306 silicon, including the MX10K, the LC 9600 line card and the MX304. These platforms deliver the industry-leading logical scale, embedded security and power efficiency necessary to meet the needs of the most demanding multiservice edge environment.

We also saw another quarter of triple-digit order growth for our ACX Metro portfolio and introduce several new platforms such as the ACX7024 and the ACX7509, both of which provide industry-leading performance and expand the number of Metro use cases we can address. We plan to further enhance our Metro portfolio with new hardware, software, and automation capabilities in future quarters that will further enhance our competitive position in this attractive portion of the service provider market.

Our cloud-ready data center revenue was flat Q2 due entirely to the timing of shipments. Orders exceeded expectations, but did decline year-over-year due to an exceptionally large deal with a hyperscale account in the year ago quarter. Excluding this customer, orders experienced double digit year-over-year growth, and we continue to see healthy momentum with large enterprise and Cloud major accounts. Our 400-gig solutions are resonating in the market, and we have now secured approximately 80 400-gig data center switching opportunities that span across cloud majors, enterprise and service provider accounts.

Customer interest in our cloud-ready data center portfolio remains high and given the wins we've already secured, I am optimistic about our ability to capitalize on the attractive growth within this market over the next several years. Our AI-driven enterprise revenue continued to materially outpace the market, growing 17% year-over-year. This strength was led by our Mist-ified portfolio, which grew more than 60% year-over-year, achieving another record quarter for both Mist Wi-Fi and Mist-ified revenue.

We are especially encouraged by the traction we're seeing with large customers across the globe with wins at a global financial bank, a global car manufacturer, and a global furniture retailer, each of which recently purchased a combination of AI-driven wireless, wired, security and/or SD WAN products from Juniper.

To build on this AI-driven enterprise momentum we continue to deliver groundbreaking new products that optimize both end user and operator experiences such as a recently launched EX4100 family of access switches. Like the EX4400 family announced last year, these are truly enterprise grade access switches born in the cloud with native AIOps ensuring easy setup and management coupled with best-in-class scalability, security and performance.

In addition, we brought AIOps to indoor location services with recently announced features that simplify wireless access point placement and orientation and we are now delivering six generation AI driven actions to address even more common networking problems, such as DHCP failures and wired authentication errors. Based on our latest order momentum, third-party validation and the technical superiority of our AI driven enterprise portfolio, I remain highly confident regarding the outlook of our complete client-to-cloud campus and branch business.

Our security revenue declined in Q2 due largely to supply chain constraints on our hardware platforms and a difficult comp in the year ago quarter. Despite these challenges, we saw healthy momentum in our mid-range firewall portfolio, as well as our software-only security offerings. We believe the performance of our products is industry leading, which has been validated by a number of independent tests. Most recently receiving a AAA rating from cyber ratings with a 100% block rate for our cloud firewall offerings.

We remain confident in our connected security strategy and believe the convergence of networking and security provides us with a competitive advantage in the portions of the market where we are currently focused. We believe our technical strength in both security and networking will provide tailwinds in future quarters and should enable us to deliver better results over the next few quarters. I'd like to mention that our services team delivered a record quarter due to strong renewals and attach rates.

In addition to strong revenue, we also achieved another quarter of solid service margin. Our services organization continues to execute extremely well and is focused on driving incremental efficiencies through automation and cloud delivered insights that not only create new revenue opportunities, but also benefit margin and the customer experience. I would like to extend my thanks to our customers, partners and shareholders for their continued support and confidence in Juniper. I especially want to thank our employees for their hard work and dedication, which is essential to creating value for our stakeholders.

I will now turn the call over to Ken who will discuss our quarterly financial results in more detail.

Ken Miller

Thank you, Rami, and good afternoon, everyone. I will start by discussing our second quarter results and end with some color on our outlook. We ended the second quarter of 2022 at $1.270 billion in revenue above the midpoint of our guidance and up 8% year-over-year. Non-GAAP earnings per share was $0.42 below the midpoint of our guidance range due entirely to lower than expected gross margin. We continue to be in a supply constrained environment with unprecedented costs to procure components and deliver our products.

We prioritize delivering products to our customers as timely as possible, which resulted in higher costs and lower gross margin. Product orders remained strong during the second quarter and exceeded our expectations. As a reminder, we are experiencing some order strength attributable to industry’s supply chain challenges resulting in customers placing orders ahead of their normal order rate to account for the extended lead time. While product orders declined single-digits year-over-year due to a difficult comparison. Adjusted orders grew double-digits year-over-year, and our backlog increased more than $250 million on a sequential basis.

We saw particularly strong demand and enterprise vertical with both gross and adjusted orders growing on a year-over-year basis. From a customer solution perspective, Automated WAN Solutions and AI driven enterprise revenue both grew 17% year-over-year. Cloud-Ready Data Center revenue was essentially flat year-over-year. Looking at our revenue by vertical, all verticals grew sequentially and on a year-over-year basis.

Revenue in Enterprise grew 15%, followed by service provider growing 6%. And our cloud business grew 3% on a year-over-year basis. Total Software and Related Services revenue was $213 million, which was an increase of 24% year-over-year. Annual recurring revenue or ARR who approximately 34% year-over-year and reviewing our top 10 customers for the quarter, six were cloud, three were service provider, and one was an enterprise.

Our top 10 customers accounted for 34% of total revenue as compared to 33% in Q2 2021. Non-GAAP gross margin was 56.2%, which was below our guidance range primarily due to elevated supply costs related to the challenging supply chain environment and lower than anticipated software mix. We experienced a greater volume of supply de-commitments in the quarter, which resulted in increased expedite and component costs as we prioritized delivering products to our customers as timely as possible. If not for the elevated supply chain costs, we estimate that we would’ve posted non-GAAP gross margin of approximately 59%. We expect the supply chain environment to remain challenged through at least the second half of the year.

Moving on to operating expense, on a non-GAAP basis, which increased 4% year-over-year, and 1% sequentially. Non-GAAP operating margin was 13.9% for the quarter, which was below our expectations due to the lower than expected gross margin result. We had $267 million in cash outflow in the quarter. The cash outflow in the quarter includes approximately $165 million of additional payments to suppliers and prepaid deposits as well as strategic inventory purchases and an attempt to meet our customer delivery demands. Approximately $115 million of lower customer collections related to invoicing linearity and approximately $75 million of additional cash tax payments related to the capitalization and amortization requirements for research and development expenditures of the Tax Cut and Jobs Act of 2017, which went into effect on January 1, 2022.

While we expect to be cash flow positive in the second half of 2022, some of these items are likely to also negatively impact second half cash flow results. Over time, we do expect cash flow timing differences to normalize and our cash flow results should be relatively in line with profit levels. Total cash, cash equivalents and investments at the end of the second quarter of 2022 was $1.3 billion.

Now, I’d like to provide some color on our guidance, which you can find detailed in the CFO commentary available on our Investor Relations website. For the third quarter, we expect to see revenue growth of approximately 14% year-over-year driven by the strength of our backlog, strong demand and an improved supply outlook.

Our better than expected supply outlook is the result of strategic actions we have taken to Strengthen our access to components. We will continue to prioritize delivering products to our customers as timely as possible. The higher costs we are incurring to secure supply will negatively impact margins over the next several quarters.

In addition, we expect to see a similar software mix in the third quarter as we saw in the second quarter. These factors will continue to pressure our gross margin and overall profitability.

Turning to our expectations for the full year 2022. Given the strong order momentum we have seen coupled with our current backlog, as well as an improved supply outlook, we are raising our revenue growth expectation for the year to approximately 10%. This assumes the current supply chain environment does not further deteriorate.

We also anticipate backlog to remain at elevated levels through the remainder of the year. Non-GAAP gross margin for the full year 2022 is expected to be approximately 57% down from our original expectations of 58% to 60%. As a result of the supply chain constrained environment, we now expect to absorb approximately $155 million of elevated component and freight costs in 2022, more than 50% higher than we had anticipated at the beginning of the year. We believe these elevated costs will be transitory over time.

In addition, software as a percentage of total revenue in the second half of the year is expected to remain close to Q2 2022 levels. In 2021, we implemented some pricing actions, which have begun to parse the offset some, but not all the increased costs we are incurring. We are planning to take additional pricing actions to further offset these incremental costs.

However, given the size of our backlog, these actions will take time to positively impact our results. We remain committed to disciplined expense management, and we expect operating expense to grow slower than revenue. That said, we will continue to invest to take advantage of market opportunities and our non-GAAP operating expense is expected to increase on a full year basis.

Given the pressure we are seeing in non-GAAP gross margin, we no longer have line of sight to at least a 100 basis points expansion of non-GAAP operating margin. Our current expectation is non-GAAP operating margin will be flat to slightly down for the full year. We still expect non-GAAP EPS to grow on a full year basis.

While the current global macroeconomic environment and the ongoing pandemic posed some uncertainty. We would like to provide some early color on our outlook for 2023. What the order momentum we are seeing our elevated backlog and current expectations for supply, we expect revenue growth of at least mid-single digits on a full year basis in 2023.

We also expect improved profitability and margin expansion in 2023. In closing, I would like to thank our team for their continued dedication and commitment to Juniper success, especially in this challenging environment.

Now, I’d like to open the call for questions.

Question-and-Answer Session

Operator

Thank you, ladies and gentlemen. The floor is now open for questions. [Operator Instructions] First question is coming from Paul Silverstein with Cowen. Your line is live.

Paul Silverstein

Thanks. I hate to ask you about supply chain, but I guess I will. Ken and Rami, what changed and I – at the risk of asking you to speak for not just yourselves, but other companies. There appears over the last year or two have been somewhat of a randomness in terms of a general trend of either stability or in some case modest improvement, but one or a handful of companies being impacted. We just heard [indiscernible] this morning, where stability. And I'm not throwing stones. I get it that it's a challenged environment out there, but what's accounting for the difference. And what changed in terms of the decommits for you?

Ken Miller

Yes. So the supply chain environment remains very challenged as it has been for the last several quarters. Lead times from suppliers and to us are extremely extended. Sourcing supply is proving to be very difficult. And at times is coming at an increased cost. We did mention on the prepared remarks that in Q2 in particular, we did see a higher volume of decommits from suppliers. And this really forced us to pay more expedite fees and heavily leverage the broker markets more than we historically have. And that comes at a higher cost.

So the good news for us is, I feel very proud of our abilities to navigate these curve balls and these situations. And we actually – as you saw, we actually beat our revenue midpoint for the quarter. And based on these actions we're taking, albeit, they do come at a cost. We feel confident that we are getting access to more supply. And we actually raised our guidance for the full year.

So we do see supply getting improving from an absolute volume perspective, but it is coming at an incremental cost and it's difficult. I mean, every quarter seems to be a different challenge, but we seem to be doing a pretty good job in my opinion, navigating those challenges.

Paul Silverstein

Key, can you supply us a rough idea of how many decommits you're talking about and how that compared to the previous quarter?

Ken Miller

Yes. It's difficult to quantify. I'll tell you that we had some large strategic suppliers that we were expecting supply early in the quarter than we received. We received some of it later in the quarter. The other impact we had was linearity in the quarter from a shipping perspective and invoicing perspective was also negatively impacted. So it was definitely greater than normal, Paul, but we haven't really given these numbers in the past, so it's hard to compare to historical norms.

Paul Silverstein

All right. Can I ask one follow-up on – Rami, I think I heard your reference momentum or progress with hyperscalers. Can you supply us any insight – more granular insight on what you're referring to?

Rami Rahim

I'd be happy to Paul. So I'm actually really pleased with our results with our cloud providers all up. I think the name of the game for us in the cloud provider space is diversification. I think we're seeing increased diversification among the hyperscalers to Tier 1 hyperscaler. So if one of our top hyperscale accounts goes through period of digesting orders that they've placed in the past or finding is another one will step in and compensate for that with more orders.

And that happened – some of that happened in Q2 and then brought more broadly, our cloud majors customers saw great momentum and not just in routing, but also in data center switching and in 400 gig opportunities. So all up, I'm very pleased with the momentum we're seeing and I'm optimistic about the cloud provider vertical going forward.

Operator

Up next we have Tim Long with Barclays. Tim, your line is live.

Tim Long

Thank you. Just wanted to talk on the enterprise business a little bit. So Rami, just if you could talk a little bit, obviously it's been a great market, good results this quarter. Talk a little bit about kind of the sustainability of the elevated growth there and a little bit on how you're continuing to invest and go to market and how you're pulling through whether it's traditional wired products or some of the SD-WAN or other new technologies that you're bringing into the enterprise. Thank you.

Rami Rahim

Yes, I'd be happy to. So needless to say, I'm incredibly proud of the team for the results that they're continuing to deliver in the enterprise segment all up, very strong growth, both in terms of revenue, but also in terms of orders that grew 20% year-over-year, diversity in terms of the technology offering. So obviously we're seeing continued momentum with our AI driven enterprise solutions, but even our automated WAN saw a really great momentum this quarter.

And a lot of that was driven by a resumption in spend by the federal government, which was kind of weak for the last several quarters. And I do expect that some of that is going to continue. So I'm actually quite optimistic about that. We are absolutely keeping a close eye on any sort of early warning indicators from a macro standpoint, any sort of headwinds, but so far, and you can see it from the order momentum we're seeing, we're not seeing any of that at this point in time.

And I think the team has done a really nice job of just focusing on more macro resistant segments of the enterprise market. I think that's working in our favor. I also believe that the kinds of technologies that we're offering to our customers be it cloud delivered AI driven solutions, highly automated data center solutions are the kinds of solutions that I think our customers or prospects view as very strategic to their digital transformation initiatives.

And so – and of that, I think you're going to see just more resilience to any sort of issues that might come our way in the future. So for all those reasons, technology differentiation, our go-to-market team, just crushing it focusing on the right sub-segments of the market, I continue to be very bullish about our enterprise business going forward.

Tim Long

Okay. Thank you.

Rami Rahim

My pleasure.

Operator

Okay. The next question is coming from Amit Daryanani from Evercore. Your line is live.

Amit Daryanani

Thanks for taking my question. I guess, one of the things that some of the companies I’ve talked about, I’d love to get your perspective is signs that macros and impact demand. Are you seeing any of that? I know the European revenues were a little bit weaker. But I’d love to just understand if you’re seeing anything in terms of elongation of sales cycles or anything on the macro side. And then just related to that I’m curious, what gives you the confidence and the conviction to supply at least an initial framework for calendar 2023 this earlier in the process?

Rami Rahim

Yes. Amit, let me start and I’m sure Ken would like to weigh in as well. So order strength remains robust and it remains robust across all of our segments. So I know when it comes to macro indicators, I think people are mostly concerned about what might happen to the enterprise, but you saw there, enterprise revenue double digit growth, enterprise orders growing at 20% year-over-year. We’re not going to be immune to any sort of major macro changes that happen. But we’ve got our early warning indicators sort of – we’re sort of scoping and making sure that there isn’t anything to be concerned about. And thus far I’d say there is not. I think we are playing in markets that are large, that where we have relatively small share where there’s tons of opportunity for us to compete.

And we’re competing with solutions that I think are very strategic, especially in a situation where there are going to be cost pressures and the need for IT teams to start cutting costs. So for these reasons, I actually think even in the event that there were challenges – macro related challenges we can do quite well. And with that said, I’ll just pass it on to Ken for additional commentary.

Ken Miller

Yes. On the FY2023 kind of framework, over the last several quarters, as you know, we’ve built up an exceptional backlog. This is definitely providing us much greater long-term visibility than we historically had. Our backlog is now more than $2.4 billion, which is approximately 6x normal levels, so an exceptional backlog build. Also the investments we’re making in the supply chain we believe are starting to pay off.

We did raise the full year this year, the second half we raised to get to a 10% full year guide in 2022. And we believe we’ll have access to supply to get to at least mid single digits next year. We haven’t provided FY2023 guidance as of yet. The only guidance you kind of have would be our long-term model, which was at least low single digits, which we provided over a year and a half ago. And we felt at this point, given the demand signals we’re seeing, given the supply that we believe will be able to procure, we think mid single digits is the right framework at this time, at least mid single digits.

Amit Daryanani

Perfect. Thank you very much.

Ken Miller

Sure.

Operator

Okay. The next question is coming from Rod Hall with Goldman Sachs. Rod, your line is live.

Rod Hall

Yes. Hi guys, thanks for the question. I had two for you. One is just the implied gross margin in Q4. We calculate about 1.3 percentage points, maybe 1.5 percentage points increase sequentially there off of Q3. And I’m just curious what you guys – what makes you expect that? Is it visibility on cost or is it pricing or kind of what the driver is there? And then I have one follow up.

Ken Miller

Yes. So without getting specific on Q4, I’m sure your models are pretty accurate Rod. We do think the year would be about 57%. Really we expect there to be a volume benefit in Q4. We also expect to see more and more of the pricing actions that we’ve taken play out as time passes. So those would be the primary factors. Again, I’m not providing specific Q4 guidance. I don’t have exact mix prediction at this point. But I do believe 57% for the year is the right place to be right now.

Rod Hall

Yes. Just if we plug in Ken, the Q3 guide that’s kind of what we get – what spits out of Q4.

Ken Miller

Yes. And I’m sure your models are close. Yes. I just don’t have the model in front of me.

Rod Hall

Yes. And then the other thing I wanted to ask you is DSOs are up a lot in the quarter, and I wondered if you could comment on linearity in the quarter and also, the driver for the DSOs is just supply shortage or was there’s some backend linearity there as well. Thanks.

Rami Rahim

Yes. So linearity in the quarter from an order’s perspective was very normal, right? We saw a very strong demand and bookings throughout the quarter. And we really didn’t see any sort of abnormally from a linearity perspective. That said, from a shipping and therefore invoicing, we did see a pretty backend loaded quarter. As I mentioned in my prepared remarks, we had some provider de-commitments and we had to kind of recover and react to that. So we did ship later in the quarter than we normally do that had an impact on DSO. It had an impact on the cash flow, but also had an impact on freight cost as we had to take faster routes to get products to customers in the commitments we made to them. So it had a negative impact on a few of our metrics.

Rod Hall

Got you. Okay. That’s very helpful. Thanks, Ken.

Ken Miller

Yes.

Operator

Okay. The next question is coming from Alex Henderson with Needham. Alex, your line is live.

Alex Henderson

Great. Thank you very much. So $2.4 billion plus in backlog is an enormous backlog relative to the historical norms of the company. And as we look forward if I were to run what the equivalent of a bank stress test on your outlook for a CY2023, it looks like you could produce 20%, 30%, 40% declines in orders for the next three or four quarters and right through to the back end of 2023, still hitting at least mid-single-digits or plus revenue growth and still end up with a backlog that’s 250% to 300% of normal, is the backlog likely to increase as we go into the back half of the year? And how do you view these year-over-year declines versus the ability to sustain a book-to-bill somewhere in the broad vicinity of 1.0 as we go through the end of the year, because that’s are really the critical variables to the stability and visibility of the 2023 numbers.

Ken Miller

Yes. So, I mean, you’re right. The backlog is unprecedented levels and, as how I see this year playing out, I can’t supply you a precise number here. I will say this, I think they’ll remain elevated, kind of similar levels to where they are now. That would be my expectation as we kind of finish the second half of this year. And you are also are correct in that, the backlog should support our revenue for the next period of time, even if gross demand orders are down. And in fact, this quarter’s a good example of that, where we mentioned on the call that our orders were actually down single digits. But we not only delivered 10% product revenue growth. We also grew backlog $250 million, right? So there was a fair amount of room there in orders. And that just gives us confidence in our ability to generate revenue for sustainable future. And that’s one reason why we raised our guidance to at least mid-single-digits next year.

Unidentified Analyst

Yes. So, the key point of the question was, can you, in fact, if you went through a stress test analysis like a bank, absorb 20% or 30% declines for three or four quarters, and still end up with that massive backlog given where you are exiting 2023, and which case the only real question then is the improvement in the supply chains, your ability to deliver on better than 5% growth and in the top line over that timeframe that you clearly have the orders. And a put note to this, just want to clarify, when you talk about the geographies in your print, that’s a function of the timing of when orders came in. I assume these are first-in, first-out, and therefore not reflective of any particular change in demand in any particular geography, because it’s, your backlog increased. So therefore I assume it’s a allocation question, not a demand question.

Ken Miller

Yes. So, you’re absolutely right. If you were to perform such a stretch, test our model, our revenue model, given the backlog, we have would still sustain at those types of declines in orders, those 20%, 30% declines. So your math is correct. And again, that gives us a lot of comfort in our revenue growth sustainability for the next couple of years here. On the geo mix, I would say it is absolutely a factor of what we’re able to ship? What supply we’re able to procure? It’s not quite as simple as first-in, first-out, because quite honestly, the supply chain is very dynamic, and we have shortages in some parts, and we have more parts available in others.

So it’s really about supply availability. And that really results in the revenue profiles that you see really across the board, geographically, as well as in some level – in some cases, the vertical cuts and the customer solution views is really about supply at this point.

Operator

Okay. The next question is coming from George Notter with Jefferies. George, your line is live.

George Notter

Hi guys. Thanks very much. I guess, I wanted to ask about some of the mix items affecting gross margins. You mentioned lower software license sales in the quarter. Can you be more specific about what that was? I realize it’s lumpy, it was bigger in Q2 getting smaller in Q3 and Q4, but what precisely was that? And what drives that the cadence of revenue recognition there? Thanks.

Rami Rahim

Yes, George, let me take a crack at it. And then Ken, you can jump in. So total software grew at 24% year-over-year, that’s a good result, but it was down sequentially. And that affected our margins because of mix in the Q2 timeframe. The software softness was really all in our perpetual offerings. And those can be lumpy, they can be – they can swing around positively or negatively based on orders of state certain capabilities from some of the largest customers that we have for routing and switching products.

Subscription software importantly remains really strong, and you can see that in deferred revenue, you can see that in our ARR, which grew at 34% year-over-year. So, I’m actually really confident in our ability to achieve our long-term software projections [ph], as well as our ARR. And then Ken, you can talk a little bit more about the mix issues in Q2.

Ken Miller

Yeah. So as Rami mentioned, it really was a bit of a shortfall sequentially in our on-box Junos Space to perpetual licenses. These really are various features and functions of services that provide within our Junos operating system. And there is some timing of refract that's difficult to predict here. Some of it is on customer buying behaviors, whether or not some customers might buy the lowest base level operating system software at time of purchase with an upgrade to maybe an advance or premium license later. There's also some true-ups between hardware and software that happens periodically.

So the timing of this recognition, it's all perpetual software, it's all recognized immediately, but the timing could vary based on what they buy and when they choose to buy it. So that's really what we're seeing here. Overall our software business continues to perform quite well. I think we're ahead of the targets we set for ourself a year and a half ago with the Investor Day both from an overall software perspective, as well as our ARR target. So I feel very good about our software transformation and moving forward, I expect us to continue to have a very strong software story.

Unidentified Analyst

Got it. And then just as a follow-up, I know last quarter, I think more of the narrative around margins was on a higher mix of missed access points, a lower mix of MX shipments, obviously components drove that mix shift, but can you talk about how MX did this quarter, how you did with access points, did the mix of those pieces go up or down in Q2? Thanks.

Rami Rahim

Yeah, so MX actually went up, so our hardware mix on the routing side and automated WAN side was up, that said some of these perpetual software licenses that I was mentioning before actually were attributed up to our automated WAN solutions. So the software mix with automated WAN was down a bit, some of these perpetual licenses that we've talked about, but overall the hardware mix was up. But it wasn't at the expense of access points. We continued to sell a lot of access points as well. You saw the results in IDE up 17%, so really strength in both the MX/automated-WAN business, as well as our IDE business.

Unidentified Analyst

Got it. Okay, thank you.

Rami Rahim

Yep.

Operator

Okay. The next question is coming from David Vod with UBS. Your line is live.

David Vod

Great. Thanks guys for taking my question. So I have sort of two related questions on margins. So I think in the prepared remarks, you noted that supply chain going forward is getting a little bit better. So kind of against that backdrop, if supply chain is improving on the margin sort of quarter-over-quarter, along with revenue that looks like it's going to be well above trend. Why are you not seeing more gross margin leverage in the third quarter, despite the expedited fees, but it sounds like it's getting better? And if expedited fees are about 50% above your prior expectations, does that supply you confidence and a line of sight into potentially a 100 basis points of margin expansion next year, just basically effectively pushing it out by year, what you'd expected for this year as we entered the year? Thanks.

Ken Miller

Yeah. So on the supply getting better, is really kind of a nuanced message I want to make sure is well understood. Access to supply is still highly constrained. Lead times into us are still extremely limited. That said we've taken some action to actually procure more supply. So I think we'll have more supply than we originally expected when we started the year, which is a good thing. So that's an improvement in supply, but it's coming at cost. And that's really the offset here is that we are paying more. We're having to pay more expedite fees. We're going to broker markets and paying several times more than we should be paying for this, for that particular component in the open market.

So it is coming at a cost. So volume is improving but costs are going up is probably the short summary on the supply side. For 2023 on the supply, was it a supply related question as well?

David Vod

Well, I mean, Ken, I think you said, expedited fees came in about above your expectations. So that would translate into a little bit north of $50 million or almost the point of margin. So how does that play into next year?

Ken Miller

Yeah, so I do believe those expedite fees and component costs the $155 million that I referenced is transitory and exactly the timeframe is difficult to predict, but I do believe if you go out, I don't know, a couple of two, three years you'll see the majority, if not all of those costs go away. However, the timing, how many – the expedite fees we're paying, the elevator freight we're paying it's hard to predict exactly what we're going to start to see that normalize. I do think we should see some benefit in 2023, but I'm not ready to quantify how much.

David Vod

Great, thanks guys.

Operator

All right. The next question is coming from Simon Leopold with Raymond James. Simon, your line is live.

Simon Leopold

Thanks for taking the question. I want to see if you could describe within your backlog, what do you see happening in terms of the major product categories and your market share? I’m trying to get an understanding of where you’re gaining market share based on your awards versus where you might be?

Rami Rahim

Hey, Simon.

Simon Leopold

Yes.

Rami Rahim

Sorry. We’re going to interrupt you. Could you repeat the question? We had a little glitch here. So we missed a part of your question and sorry to bother you, but we’re going to need you to repeat it.

Simon Leopold

No problem. You hear me, okay, now?

Rami Rahim

Yes, we can.

Simon Leopold

Okay, great. I wanted to see if you could talk about within your pipeline, your backlog, how you see your market share trends in the major category? So what major verticals or products do you see yourselves gaining share the most and where do you see yourself most vulnerable in the mix? I know we’ve talked a lot about campus as an area where we’ve seen you gaining share. I want to see if you could talk a little bit more broadly about other product categories and just confirm the campus?

Rami Rahim

Yes, I’d be happy to. So I do think the one area where we are most obviously taking share is going to be in the enterprise and more specifically in the client to cloud. So that includes wired, wireless, and increasingly it’s going to include a full stack solution of wired, wireless and SD-WAN because we’re now pretty much integrated our 128 Technology SD-WAN solution into that end-to-end AI driven enterprise capability.

So the numbers speak for themselves, double-digit revenue growth, double-digit order growth and all that. Very, very pleased there. I don’t think that’s the only place where we’re taking share. I do think in terms of 400-gig opportunities now that 400-gig has moved from discussions and PowerPoints into competitive bakeoffs. I do think that we are winning share wherever there is a net new opportunity, be it for our service about our core, where I just talked in my prepared remark about our new win, new data center, cloud WAN opportunities. I do think and time will tell as this translates to actual revenue results and actual share results. I do think this is an area where we’re performing very well and we are taking share.

The last area that I will mention that I think is going to be an obvious place where we’re going to take share, because we’re really starting from very little is in the Metro. 5G is a real thing. It’s driving fiber build outs by service providers. We are essentially very small players in the Metro because we’ve never really had a complete portfolio and we just announced that complete portfolio and it should essentially come together and be fully in production by the early part of next year. So even in the absence of that solution, we’re seeing a 100 plus percent year-over-year growth in orders for ACX. I think that will only accelerate once we’ve got that complete solution. I’m sure there are other areas where we’re doing very well data center for example, but those the areas that I’d say are top of mind right now in terms of the biggest opportunity for share take.

Simon Leopold

Thanks for taking the questions.

Rami Rahim

My pleasure. Thank you.

Operator

Okay. Up next, we have Samik Chatterjee from JPMorgan. Samik, your line is live.

Angela Jin

Hi, this is Angela Jin on for Samik. I don’t – I hate to ask the recession question, but I was curious how would each vertical respond in the event of a macro slowdown and what are the areas of a portfolio that you think are more resilient to a slowdown versus more aligned to cyclical trends?

Rami Rahim

Thanks Angela for the question. I’ll start, first, I think it’s a hypothetical question, because I said, I think order strength remains very high. We don’t see any obvious indicators that there is going to be macro headwinds, but of course it’s our job to stay very vigilant and to just make sure that we’re looking for any early warning indicators.

In terms of what one would expect would be with the other challenging areas, service providers and cloud providers tend to have very strategic long-term projects. And for that reason, I would expect that they would be more macro resilient.

But even in the enterprise where I would say that most people would expect that there might be the biggest risks if there were macro headwinds, there what we have going for us, as I mentioned earlier is we have massive TAMs, total addressable markets, 30 plus billions – billion dollars across our client to cloud and data center. We’re relatively small player with small share, a very differentiated solution and plenty of room to grow even if there are in fact macro headwinds that affect that TAM. And I think part of the results we’re posting are a little bit of a proof point for that.

Operator

Okay. The next question is coming from Aaron Rakers with Wells Fargo. Aaron, your line is live.

Aaron Rakers

Yes. Thanks for taking the question. I hate to do this, but I want to go back to the backlog a little bit. You mentioned in the prepared remarks, I know you disclosed it in the past that you had implemented some price increases back, I think you said in 2Q of 2021. It sounds like you're going to implement some more actions here going forward. I'm just curious considering the significant amount of backlog that's likely been built over the past year let alone the $500 million through the first half or a $550 million through the first half the year. How do we think about those price actions starting to filter through that backlog and really starting to provide, maybe the positive effect to the gross margin understanding you've got a lot of supply chain dynamics going on?

Rami Rahim

Yes. So it is going to feather in over time. We are seeing more and more benefit each quarter. So Q2 this last quarter we saw more benefit than we saw in Q1. And I expect us to see more benefit here in the second half from the pricing actions. The actions we're about ready to take, we really aren't going to start to play until probably FY 2023, given the backlog. And again, I expect that to feather in overtime and be incremental over time as we move into the 2023 quarters.

The unfortunate reality is the benefit we're seeing is getting more than offset by the cost, right? When we put the actions in place, we had some assumptions on the incremental costs, the expedite fees, great costs, et cetera, and we undershot – we overshot I should say or the cost overshot those expectations. So we are seeing some benefit. There is more of the pricing benefit in the backlog yet to come, that's going to continue to help us in the future quarters. But at this point we just don't see that help enough to really keep the margin range where we started the year at 58 to 60.

Aaron Rakers

Yes. And as – and just as a quick follow-up question on the continued traction that you're seeing in 400-gig, I know this quarter you had mentioned 80, I think last quarter you had mentioned 70 design wins. I'm curious if you were just asked like what inning do you think we're at in terms of kind of really volume deployments across those 80 design wins for 400-gig at this point? And when do you think actually we're halfway through those deployments, just kind of thinking about the trajectory of those 400-gig wins?

Rami Rahim

Yes. It's a good question. First, I want to just clarify. The 80 or so wins are data center 400-gig wins, we've actually we're now seeing close to accumulative 400 wins across data center and wide area in service provider and in the cloud provider segments. In terms of where we are, I mean, if you looked at port mix between 100-gig and 400-gig, both in terms of orders and shipments, it's still at early innings for 400-gig. There are a lot more networks that are going to be built out with 400-gig. So we viewed these sorts of network interface happen once every several years, maybe four or five years or so. We're now at the beginning stages of one of those inflections and that's good for our industry, certainly good for Juniper.

Aaron Rakers

Yes. Thank you.

Rami Rahim

My pleasure.

Operator

Okay. Next we have Meta Marshall with Morgan Stanley. Meta, your line is live.

Meta Marshall

Great. Thanks. Maybe following up on the answer to George's question, you mentioned kind of some uncertainty on what addition might be elected in terms of kind of where the perpetual revenue comes in for software. I was just trying to get a sense of some of that volatility more – more pronounced this quarter just because of the amount of kind of cloud customers that you're servicing or just trying to get some insight into what is causing that volatility? And then maybe just as a follow-up question; just is this kind of quarter where you would consider inventory peaking, or do you still think that you'll be in an inventory kind of accumulation period for the kind of foreseeable future? Thanks.

Rami Rahim

Yes. So on the software volatility, we did, I mentioned buying patterns vary and the reality is in Q4 of last year and Q1 of this year, we saw some of those above normal buying patterns where customers were either doing true-ops or maybe upgrading their software system from a base level to a more advanced or premium level. So we did see some of the, kind of the high water marks of that volatility in the past few quarters. In Q2, I think we saw a little bit more of a normal kind of hardware to software attach, and at this point I'm expecting the rest of the year to be largely similar to Q2. That said customers could surprise me and might upgrade their software stack here in the futures and will obviously be available for that when – if they decide to do that.

So it's difficult to predict. I wouldn't call it out as any sort of customer pattern. It's really just more about timing of when they purchase perpetual software. And we had a couple quarters of highs and now I think we're back to kind of a normal from a perpetual perspective, as Rami mentioned, our subscription software, our SaaS software is growing well beyond normal, right. We continue to grow at extremely high levels on that part of our software portfolio.

From an inventory perspective, I don't think we've seen the end of the inventory built. You know, we are still, if you look at our, open purchase orders we are absolutely putting a demand signal out there that supports what we think is our demand opportunity. And that's a, that's going to result in more inventory, what's happening out there is you're, we are definitely seeing constrained in certain parts, but there's other parts of the bill of material that are not constrained. And that's really the part of the inventory that's building up, as we start to get some of the more critical parts, we'll be able to ship, our backlog and we'll see the inventory level start to go down.

So I don't think inventory's going to start to, decline until we start to see supply chains really Strengthen and backlog levels start to come down.

Jess Lubert

Operator, we'll take two more questions.

Operator

Okay. The next is coming from Sami Badri with Juniper. Your line is live.

Sami Badri

Hi, thank you. First question is, if we were just to take the percentage of revenues in 2022, that reflect the price increase actions, what percentage of those revenues are coming through, and what is the objective of 2023, will 2023 reflect all price action increases and maybe just like a percentage mix of 2022?

Rami Rahim

Yes. I'm sorry, Sami but that's not a level of detail I'm prepared to comment on, on this call. I'll say that, I would expect it to normalize by, call of four quarters out. So by the late this year, we should see some normalization from the action we took last year. But as far as the percentage of total revenue, I'm not prepared to comment on at this call.

Operator

Okay. Next we have Tal Liani with Bank of America. Tal, your line is live.

Tal Liani

Hey, guys I want to go back to your 2023 guidance. It, I tried to look at it multiple ways and it looks to me either that you're banking or you're assuming very steep decline in revenues, in certain areas or that you're just very, very conservative. In the four quarters of this year, your growing revenues, the low is 8.3. The high is 13.5, so there is substantial growth this year. And next year we should see some of the backlog released, being released. So 5% looks, looks weak versus what we're seeing this year.

And then also, if I just look at your enterprise growth, this year substantial growth, it's about 35% of your revenues plus that alone contributes 4% of revenues supply or take next year. So what are your assumptions when you say 5% or better, the 5% mark, which I understand it's going to be better? What are your assumptions about the telecom market about the cloud market? When you project 5% or more, are you assuming end of projects, are you assuming declines or what are basically your basic assumptions in saying 5%?

Rami Rahim

Let me start, I think the key here is that we didn't say it's 5%. We said, it's, at least 5%, or at least mid single digits. If in fact the markets play out, as we expect, and there aren't any major sort of challenges macro wise. Yes, the opportunity is absolutely there for us, not just to meet, but to exceed that's bar that we are setting for ourselves. It's just a little early right now. I don't think we typically provide color on the next year in this timeframe, but we thought we'd start at this point in time. And yes, I mean, I've talked quite a bit, even on this call alone about some of the catalysts around 5G clarification efforts, 400 gig enterprise. Yes. I mean, I think these are all catalysts that can supply us the opportunity to exceed that outlook.

Ken Miller

And I would just comment, its demand is not the primary driver of our revenue outlook for 2023. That given the backlog, given the strength, we seeing the momentum we have, all the things Rami has mentioned demand would definitely imply, a higher level than a, mid at least mid single digits. It's really a supply, a constrained view at this point. And the good news is we see the supply, constraints being lessened. We expect volume to improve, which is why we thought giving you a number greater than what you had historically, which was at least low single digits with the prudent thing to do at this point.

Jess Lubert

Thank you, Operator. That's all the questions we have. That concludes today's call.

Operator

Thank you, ladies and gentlemen. This does conclude today's conference call. You may disconnect your phone lines at this time and have a wonderful day. Thank you for your participation.

Tue, 26 Jul 2022 20:47:00 -0500 en text/html https://seekingalpha.com/article/4526114-juniper-networks-incs-jnpr-ceo-rami-rahim-on-q2-2022-results-earnings-call-transcript
Killexams : Juniper Networks Chosen by Jazz to Build Fully-Automated Data Center Infrastructure to Support Data, Music and Video Services

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug 8, 2022--

Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that it has been selected by Jazz, Pakistan’s number one 4G operator and the largest internet and leading digital service provider, to create a transformative, expanded and upgraded data center network to underpin Jazz’s services delivery platform for its 74.9 million subscribers. Jazz’s objective was to reimagine its architectural approach by leveraging continuous automation, assurance and data-driven insights to deliver a superior network user experience at scale while simplifying its operations.

Jazz offers the broadest portfolio of value-added digital services to enterprises and subscribers in Pakistan and has built a reputation for cutting-edge innovation with the ability to scale cloud-based services quickly and reliably. Following a rigorous vendor-agnostic technology appraisal, focused on the operational and cost efficiencies made possible by network automation, Jazz selected Juniper’s technology and expertise to underpin this latest project. Juniper’s advanced automation capabilities, transforming the entire network management lifecycle process within a single system, were a standout in the market.

News Highlights

  • The new network will support a wide range of customer-facing services that demand reliability and fast data throughput to support a consistently strong user experience. These include cloud-based enterprise data services, mobile banking, music and video download/streaming services, as well as professional services such as an agricultural application for four million farmers who rely on it for information, advice and guidance in remote areas.
  • Jazz will also use the network to power key internal workloads such as CRM and billing.
  • Jazz will deploy the Juniper Apstra System to deliver true intent-based networking (IBN) capabilities. This enables Jazz to design and operate its data center network based on outcomes, with the entire data center lifecycle automated, from Day 0 (design) through Day 1 (configuration and deployment) to Day 2+ (ongoing operations).
  • The network’s initial design is tied to day-to-day operations, enabling a single source of truth throughout its lifecycle. Automation provides a continuous feedback loop of real-time data insights, validation and root cause identification to minimize mean-time-to-repair (MTTR).
  • This approach will enable Jazz to operate a much more efficient, reliable and agile network. It will help to deploy new service features, optimizing user experience for both network teams and customers.
  • The new data center infrastructure includes a spine-and-leaf architecture built with the Juniper Networks QFX Series Switches and fully integrated with the Juniper Apstra System.
  • Jazz has previously deployed MX Series Universal Routing Platforms from Juniper for 400G-ready connectivity for its metro and internet gateway infrastructure. The new QFXs leverage the same Junos® OS operating system, providing a consistent networking estate for Jazz to manage and operate.

Supporting Quotes

“In common with all service providers globally, Jazz faces relentless data demand and heightened expectations for seamless digital services. As a result, we wanted to completely rethink our data center operations, using ground-breaking automation to create the best possible user experiences for our enterprise customers and subscribers. Operational simplicity was another important goal, to deliver cost reductions and improved ease of use for our technical teams in the face of massive demand at scale. We evaluated multiple vendors, but Juniper’s ability to deliver the exact networking outcomes we needed meant that a highly strategic decision was very straightforward to make.”

- Abdul Rehman Usmani, Vice President of Technology at Jazz

“The power of automation, bound within a single operational framework thanks to intent-based networking, enables Jazz to address the relevant operational questions, find the right answers quickly and make the best decisions. This means its network becomes a strategic business tool, leveraging data to deliver robust deployment and operational efficiencies and eliminates traditional network constraints that force choices between speed and reliability. Based on data from other Juniper customers, the result will be dramatic savings on downstream costs and tremendous returns on networking investments.”

- Mike Bushong, Vice President, Cloud Ready Data Center at Juniper Networks

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks ( www.juniper.net ) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220808005014/en/

CONTACT: Media Relations:

Penny Still

Juniper Networks

+44 (0) 1372 385 692

pstill@juniper.net

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SOURCE: Juniper Networks

Copyright Business Wire 2022.

PUB: 08/08/2022 04:34 AM/DISC: 08/08/2022 04:34 AM

http://www.businesswire.com/news/home/20220808005014/en

Copyright Business Wire 2022.

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