Creating the Technology to Connect the World

Total Page:16

File Type:pdf, Size:1020Kb

Creating the Technology to Connect the World Nokia in 2019 Creating the technology to connect the world Nokia in 2019 Nokia in 2019 This is it. 5G is here. Networks, businesses and public services are being transformed and we are at the forefront. Rajeev Suri President and CEO Business overview 04 We create the technology to connect the world 04 Letter from our President and CEO 06 Market trends driving our strategy 10 Our strategy 12 Innovation 17 Nokia Bell Labs 19 Sales and marketing 21 Business groups 22 Mobile Networks 22 Global Services 24 Fixed Networks 26 IP/Optical Networks 28 Nokia Software 30 Nokia Enterprise 32 Nokia Technologies 36 Principal industry trends affecting operations 40 Board review 44 Board review 46 Results of operations 47 Results of segments 53 Liquidity and capital resources 61 Significant subsequent events 63 Sustainability and corporate responsibility 64 Shares and share capital 71 Risk factors 72 Corporate governance 74 Corporate governance statement 78 Compensation 97 General facts on Nokia 110 Our history 112 Memorandum and Articles of Association 113 Selected financial data 115 Shares 116 Shareholders 118 Production of infrastructure equipment and products 120 Financial statements 121 Consolidated primary statements 122 Notes to consolidated financial statements 128 Parent company primary statements 195 Notes to the parent company primary statements 199 Signing of the Annual Accounts 2019 213 Auditor’s report 214 Other information 219 Forward-looking statements 220 Introduction and use of certain terms 221 Key ratios 222 Alternative performance measures 223 Glossary of terms 224 Investor information 227 Contact information 228 NOKIA IN 2019 01 02 NOKIA IN 2019 Connecting people across communities and industries wherever they live and work. NOKIA IN 2019 03 We create the technology to connect the world 5G is changing how people live, work and A global technology leader communicate. Whole industries are being transformed. Networks are becoming faster Net sales 2019 by region and more responsive. Artificial intelligence and machine learning are allowing systems 1 to sense their environment and react 6 instantaneously. Digitalization and automation are making Industry 4.0 a reality. 5 2 4 Nokia is addressing these changes around the globe. 3 Our end-to-end portfolio of solutions and services is unique; our ability to partner with customers anywhere and address 1 Asia-Pacific EUR 4 556m (+12%) 2 Europe(1) EUR 6 620m (+2%) their needs is clearly demonstrated; and we are absolutely 3 Greater China EUR 1 843m (-15%) committed to quality, sustainability and integrity. Security is 4 Latin America EUR 1 472m (+7%) 5 Middle East & Africa EUR 1 876m (0%) built in everything we do. 6 North America EUR 6 948m (+6%) We are driving the innovation for tomorrow and delivering the technology today to make businesses more productive, environments cleaner, workplaces safer, economies stronger, and lives enriched. These are the expectations our customers trust us to deliver. Net sales 2019 by business(2) 4 3 2 Financial highlights For the year ended December 31, 2019 2018 2017 D A Continuing operations EURm EURm EURm Net sales 23 315 22 563 23 147 C Gross profit 8 326 8 446 9 139 B Gross margin 35.7% 37.4% 39.5% Operating profit/(loss) 485 (59) 16 1 Operating margin 2.1% (0.3)% 0.1% Profit/(loss) for the year 18 (549) (1 437) 1 Networks EUR 18 209m (+5%) A Mobile Access EUR 11 655m (+3%) EUR EUR EUR B Fixed Access EUR 1 881m (-5%) Earnings per share, diluted 0.00 (0.10) (0.26) C IP Routing EUR 2 921m (+15%) Dividend per share(1) 0.00 0.10 0.19 D Optical Networks EUR 1 752m (+9%) 2 Nokia Software EUR 2 767m (+2%) 3 Nokia Technologies EUR 1 487m (-1%) 2019 2018 2017 4 Group Common and Other EUR 952m (-7%) As of December 31 EURm EURm EURm Net cash and current financial investments 1 730 3 053 4 517 (1) No dividend is proposed by the Board of Directors related to the financial year 2019. (1) All Nokia Technologies IPR and Licensing net sales are allocated to Finland. (2) Includes net sales to other segments. The figures are derived from our consolidated financial statements prepared in accordance with IFRS. Year-on-year change is in parenthesis. 04 NOKIA IN 2019 Business overview We have combined global leadership in mobile and fixed network infrastructure with the software, services and advanced technologies to serve customers around the world. Net sales in 2019 Europe EUR 23.3bn Employees 39 700 North America Greater China Employees 13 000 Countries of operation Employees 15 700 ~120 Middle East & Africa Employees 3 500 Average number of employees in 2019 Latin America Employees 4 100 Asia-Pacific ~98 000 Employees 22 200 Business groups Reportable segments Mobile Networks Global Services As of January 2019 Nokia has three reportable segments. Higher quality and Helping customers navigate Nokia also discloses segment-level data for Group 1 more reliable mobile 2 complexity to transform and Common and Other. broadband experiences digitalize their business Networks Nokia provides net sales disclosure for the following Fixed Networks IP/Optical Networks businesses i.e. reportable businesses: Mobile Access, Using intelligent access Massively scalable networks Fixed Access, IP Routing, Optical Networks to create networks that that underpin the digital world’s 3 4 Nokia Software are faster, better, smarter dynamic interconnectivity Nokia Technologies Nokia Software Nokia Enterprise Group Common and other Intelligent software platforms Digitalizing asset-intensive 5 optimizing and automating 6 industries with mission and network performance business critical needs Nokia Technologies Technology designed 7 to bring the human family closer together For more information on our business performance: Our strategy: See pages 10–16 Our business groups: See pages 22–39 Results of operations: See pages 46–51 Results of segments: See pages 52–58 Financial statements: See page 139–214 NOKIA IN 2019 05 Letter from our President and CEO 2019 was the year 5G took off. We saw the first commercial 5G rollouts, and Nokia played a significant role helping customers in all leading markets. Many of our businesses performed very well – such as Nokia Enterprise delivering double-digit sales growth, IP Routing gaining significant market share and increasing profitability, and Nokia Software substantially expanding its profitability. We faced challenges in our Mobile Access and cash generation but know what we need to fix, and expect to improve over the course of 2020 and start 2021 in a much stronger position. 06 NOKIA IN 2019 Business overview Connectivity with a purpose The journey towards a better-connected, As mentioned above, we were also chosen sustainable future also presents a huge by early adopter operators in the leading 5G If Nokia creates the technology to connect the business opportunity. According to World markets – from Sprint and Verizon in the US, world, then in 2019 the world got that little bit Economic Forum estimates, 5G alone can to Softbank in Japan, to Korea Telecom in better connected. create over $13 trillion of global economic South Korea, amongst others; additionally, 2019 was the year 5G was launched into the value across every conceivable industry, as we were selected by Orange France and O2 mass market – and we were in the pilot’s seat. well as over 22 million jobs, by 2035. Nokia is in the UK. This was down to some admirable We are the only company working with all the well positioned to benefit from this opportunity. work across business groups and our customer organization teams. In 2020 we will operators who have chosen their 5G vendor I will come back to that later in this letter, in the early adopter markets of the US, work hard to maintain and increase the trust but first I want to explore our 2019 financial our customers have in us. South Korea and Japan. That gave us performance and explain what we are doing to firsthand experience of the enthusiastic improve in the areas where we have challenges. welcome consumers are giving 5G – in Korea, Improving execution in our for example, we expected around 3 million users by the end of the year, but the final Progress in a challenging year access business total was closer to 5 million. Overall, we cannot be content with our In 2019 the Nokia Group results were, financial performance in 2019. Nokia Group however, impacted by the difficulties across Those would be great figures at any time. net sales were up 1 percent globally (5 percent our Mobile and Fixed Access businesses. But remember that this new technology excluding China) excluding the impact of Fixed Access continued to face challenges cycle is still in its early stages – and consumer changes in foreign currency exchange rates, in the market transition from copper to fiber appetite is only part of the picture. As 5G and our operating margin was up by about despite some initial signs of progress towards becomes established in more markets, 2 percentage points versus 2018. the end of the year. Going forward, we will its increased capacity, reliability and continue to have a sharp focus on costs, responsiveness will unlock the Fourth But, at the same time, we had areas of and we have targeted selective expansion in Industrial Revolution, profoundly changing remarkable strength across our business new areas, particularly fixed wireless access. the way cities, businesses and governments groups. IP Routing continued its strong operate, and creating unprecedented momentum, gaining significant market share The core of our profitability issues came opportunities for economic growth, human and improving profitability. Nokia Software from Mobile Access (a combination of our wellbeing and environmental sustainability. delivered on its promise, with an operating Mobile Networks and Global Services business margin that was up sharply from 2018.
Recommended publications
  • Huawei: an Information and Communications Technology Company
    Journal of IT and Economic Development 10(1), 1-10, April 2019 1 Huawei: An Information and Communications Technology Company Walaa Alkhawajah Central Michigan University, USA [email protected], [email protected] Abstract This research paper gives an account of Huawei, a global leader in the provision of Information and Communications Technology (ICT) infrastructure and smart devices. Huawei has grown from a company that offered cheap smartphones in order to appeal to customers to a global leader in the smartphone industry by providing a brand that can compete with Apple and Samsung. The success of Huawei has been linked with the company’s capability to convert the world into a digital globe by providing safe, flexible, and open ICT infrastructure platform to industries and organizations. The company has therefore been able to attract customers from various countries worldwide. Huawei changed its business model of flooding the globe with unbranded and cheap phones and now produces high-quality and branded phones. Politics have hampered the company's growth in the US. However, in Sub-Saharan Africa, its growth has been remarkable as Africa is a high-quality network provider at a low cost. The Middle East is an imperative market as both a region and a growth driver. The massive growth has been attributed to the ambitious projects undertaken by Huawei. It has improved its competitive advantage by outsmarting the current technology by the development of 5G networks. The company has also achieved viable leadership through the rotation of its CEOs. It has been offering the best phones in the market through the provision of phones with high-quality cameras.
    [Show full text]
  • Free Space Optics for 5G Backhaul Networks and Beyond Wael G
    Free Space Optics for 5G Backhaul Networks and Beyond Thesis by Wael G. Alheadary In Partial Fulfillment of the Requirements For the Degree of Doctor of Philosophy King Abdullah University of Science and Technology, Thuwal, Makkah Province, Kingdom of Saudi Arabia July, 2018 2 EXAMINATION COMMITTEE PAGE The thesis of Wael G. Alheadary is approved by the examination committee Committee Chairperson: Professor Mohamed-Slim Alouini Committee Members: Professor Boon Ooi, Professor Taous-Meriem Laleg-Kirati, Professor Chengshan Xiao. 3 © July 2018 Wael G. Alheadary All Rights Reserved 4 ABSTRACT Free Space Optics for 5G Backhaul Networks and Beyond Wael G. Alheadary The exponential increase of mobile users and the demand for high-speed data services has resulted in significant congestions in cellular backhaul capacity. As a solution to satisfy the traffic requirements of the existing 4G network, the 5G net- work has emerged as an enabling technology and a fundamental building block of next-generation communication networks. An essential requirement in 5G backhaul networks is their unparalleled capacity to handle heavy traffic between a large number of devices and the core network. Microwave and optic fiber technologies have been considered as feasible solutions for next-generation backhaul networks. However, such technologies are not cost effective to deploy, especially for the backhaul in high-density urban or rugged areas, such as those surrounded by mountains and solid rocks. Addi- tionally, microwave technology faces alarmingly challenging issues, including limited data rates, scarcity of licensed spectrum, advanced interference management, and rough weather conditions (i.e., rain, which is the main weather condition that affects microwave signals the most).
    [Show full text]
  • Juniper Networks Investor Relations May 2021
    Juniper Networks Investor Relations May 2021 1 © 2021 Juniper Networks Juniper Public Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Except for historical information contained herein, all statements could be deemed forward-looking statement, including, without limitation, Juniper Networks’ views concerning our business outlook; economic and market outlook; our future financial and operating results (including our financial model); the expected impact of network transitions and timing of deployments with large customers; our capital return program; our expectations with respect to market trends; our future strategy; the strength of certain use-cases and customer segments; our ability to expand business opportunities (including in software, security, hyperscale-switching, 5G buildouts and with enterprise customers); our expectations with respect to revenue growth, gross margin or operating costs or our ability to improve profitability and make necessary investments; the introduction of future products; the strength of our solution portfolio; the timing of recovery from COVID-19 on customer demand; and overall future prospects. Actual results or events could differ materially from those anticipated in those forward-looking statements as a result of several factors, including: general economic and political
    [Show full text]
  • True Navigation in Migrating Gulls Requires Intact Olfactory Nerves
    www.nature.com/scientificreports OPEN True navigation in migrating gulls requires intact olfactory nerves Martin Wikelski1,2, Elena Arriero1,†, Anna Gagliardo3, Richard A. Holland1,‡, Markku J. Huttunen4, Risto Juvaste5,§, Inge Mueller1, Grigori Tertitski6, Kasper Thorup7, Received: 01 July 2015 Martin Wild8, Markku Alanko9, Franz Bairlein10, Alexander Cherenkov11, Alison Cameron1,‡, Accepted: 21 October 2015 Reinhard Flatz12, Juhani Hannila13, Ommo Hüppop10, Markku Kangasniemi14, Published: 24 November 2015 Bart Kranstauber1, Maija-Liisa Penttinen5,15, Kamran Safi1, Vladimir Semashko16, Heidi Schmid1 & Ralf Wistbacka17 During migratory journeys, birds may become displaced from their normal migratory route. Experimental evidence has shown that adult birds can correct for such displacements and return to their goal. However, the nature of the cues used by migratory birds to perform long distance navigation is still debated. In this experiment we subjected adult lesser black-backed gulls migrating from their Finnish/Russian breeding grounds (from >60°N) to Africa (to < 5°N) to sensory manipulation, to determine the sensory systems required for navigation. We translocated birds westward (1080 km) or eastward (885 km) to simulate natural navigational challenges. When translocated westwards and outside their migratory corridor birds with olfactory nerve section kept a clear directional preference (southerly) but were unable to compensate for the displacement, while intact birds and gulls with the ophthalmic branch of the trigeminal nerve sectioned oriented towards their population-specific migratory corridor. Thus, air-borne olfactory information seems to be important for migrating gulls to navigate successfully in some circumstances. Migrating birds fly over thousands of kilometres to return to previously visited breeding or non-breeding grounds.
    [Show full text]
  • New California 100 Innovative Businesses
    New California 100 Innovative Businesses Selected from an initial group of over 400 nominees, the 2009 New California 100 Innovative Businesses list represents a broad cross-section of the most innovative and economically impactful companies in the state. Endorsed by the California Business, Transportation and Housing Agency, New California 100 companies are recognized here for their important contributions to the state economy. 3Prong Power Berkeley, CA www.3prongpower.com 3Prong Power is delivering enhanced Toyota Prius Plug-in Hybrid Electric Vehicles (PHEV) conversions for our customers. Their goal is to meet and expand the demand for PHEVs that has been seen nationwide, starting in the Bay Area. Ahern International Seeds San Diego, CA www.ahrenseeds.com Ahern International Seeds is a private company categorized under Seeds & Bulbs-Wholesale. This company strives to set new standards in the produce industry with improved disease resistance, virus resistance, yields, plant vigor and product appearance. They are an international seed company with years of technical experience, dependable customer service and an extensive line of high quality vegetable seeds. Airsis, Inc. San Diego, CA www.airsis.com AIRSIS, Inc. is a diversified technology company with a 10 year track record of providing innovative solutions to a wide range of customers. They have three main business lines: internet software development, remote asset management, and maritime solutions. They offer standard products, custom solutions, and engineering support. What links the three businesses is a common mission to apply technology solutions that help organizations perform more effectively. American Medical Bill Review Redding, CA www.ambr.com AMBR specializes in medical bill review and delivers the most effective medical cost containment services in the marketplace.
    [Show full text]
  • Joint Spin-Off Report
    This report is a non-binding convenience translation of the German-language original report, which is the legally relevant document under German law. Joint Spin-off Report of the Managing Boards of Siemens Aktiengesellschaft, Berlin and Munich, and OSRAM Licht AG, Munich, on the Spin-off of a Majority Participation in OSRAM pursuant to Section 127 sentence 1 German Transformation Act (Umwandlungsgesetz) I. Introduction ................................................................................................................ 11 II. Starting situation – The legal entities involved in the Spin-off and the Siemens Group prior to the Spin-off ....................................................................................... 14 1. Overview of the Siemens Group ................................................................................ 14 2. Siemens AG as the transferring entity...................................................................... 16 a) Registered office and fiscal year .................................................................... 16 b) Capital stock and shares ................................................................................ 16 c) Warrant bonds ................................................................................................ 16 d) Stock-based compensation programs and employee participation programs – authorization to purchase treasury shares .............................. 17 e) Shareholder structure and trading on the stock exchange ......................... 18 f) Managing
    [Show full text]
  • HACCP in AQUAFARMS a Practical Handbook
    HACCP in AQUAFARMS A practical handbook S. Regidor & L. Dabbadie (eds) Bureau of Fisheries and Aquatic Resources Centre de Coopération Internationale en Philippine Coconut Authority (PCA) Building Recherche Agronomique pour le Développement. Elliptical Road, Diliman Avenue Agropolis, 34398 Montpellier Cedex 5 Quezon City, Philippines France 1 This handbook is the result of a collective work that involved many actors, including: Simeona Regidor Remedios Ongtangco Rosa Macas Ligaya Cabrera Joselito Lacap Joe Balthazar Jean-Michel Otero J. Lorenzo Vergara Pascal Levy Nestor Natanauan Josie dela Vega Nenita Kawit Maurita Rosana Jorge Tabilog Gregorio Biscocho Mario Balazon Sonia Somga Carmen Augustine Nuttawat Suchart Marcelino Ortiz Gonzalo Coloma Amor Diaz Lilia Pelayo Lionel Dabbadie 2 INTRODUCTION “If it’s good for me, then it’s good for them” —Pampanga Shrimp Farmer, March 2009 HACCP1 has become a basic requirement for international trade, not only for Filipinos wishing to export to most countries, but also for foreign operators wanting to sell their products on the Philippine market. It is important to understand the roots of the success of HACCP, because it is not just a constraint to be complied with. If well understood, HACCP is an opportunity for Filipino farmers to take the lead in the highly competitive context of the 21st century’s global economy. With the globalization of trade, the geographical and cultural gaps between food producers and food consumers have never been larger. Filipinos eat imported rice and Europeans eat imported shrimps. But the growing distance between producing and consuming areas is also a factor that breeds misunderstanding and sometimes distrust, whether justified or not.
    [Show full text]
  • Speakers' Biographies
    ETSI Workshop on M2M STANDARDIZATION 4th and 5th of June 2008 Speakers’ biographies Marylin ARNDT leads a research group working on Wireless Sensors Networks at Orange Labs R&D center, Meylan, France. She Graduated as engineer from the 'Ecole Nationale Supérieure de Télécommunications', Paris, and obtained a phD in microelectronics from the University of Languedoc at Montpellier in 1982. She developed a first experience at CNET, working on Telecom Circuits Design in the newly created research lab dedicated to Microelectronic Technologies Studies. From 1990, she managed successively two research groups working on Modem system design and more closely on RF front end and digital baseband design. She conducted personally a research activity, leading PHD students. In parallel, the laboratory moved from telecom circuit design to system design. Since 1998 her topics of interest moved towards Wireless RF interfaces embracing the Cellular domain, then WLAN and WPAN. Capillary Networks for M2M applications, is her main topic of interest at the moment. Luis BARRIGA, Ericsson is a Senior Specialist at the Communications Security Lab of Ericsson Research, Sweden. He holds an M.S. in Applied Mathematics from the St. Petersburg Electrotechnical University and a Ph.D. in Computer Systems from the Royal Institute of Technology. From 1986 to 1997 he worked in academia as systems administrator and research engineer in operating systems and parallel computing. After finishing his Ph.D., he joined Ericsson in 1997 where he has worked mainly in the security field and related topics such as e-commerce, identity management, network security and mobile multimedia services. Within Ericsson, he has worked in research projects, customer projects and standardization bodies IETF, WAP, Liberty Alliance, 3GPP, W3C and OMA.
    [Show full text]
  • User Guide Uputstvo Za KorišEnje
    Guide d’utilisateur Manuale d’uso Guía de usuario Guia de utilização Bedienungsanleitung Gebruikershandleiding Instrukcja obsługi Upute za uporabu Korisni<ko uputstvo user guide Uputstvo za korišenje c Inserting your cards Insérer vos cartes / Inserire le vostre card / Instalación de las tarjetas SIM / Inserir os cartões / Ihre Karte einlegen / Installeren SIM-kaart / / / / Vstavljanje kartic / Ubacivanje kartica / ,4,%$$$.'-. 1. 2. 3. 4.4. 5. Micro SIM 1 Micro SIM 2 Micro SD 64GB Getting to Know Your Phone Découvrir votre téléphone / Alla scoperta del vostro telefono / Conoce tu smartphone / Descubra o seu telemóvel / Lernen Sie Ihr Telefon kennen / Telefoon verkennen / / b=4 / Upoznavanje vašeg mobitela / Upoznavanje sa telefonom / Upoznavanje sa telefonom / c*2-, $(2*, 1, 2, 3... User guide The contents of this manual may differ in certain respects from the description of your phone depending on its software version and your telephone operator. CONGRATULATIONS ! You have just purchased your WIKO FREDDY mobile What’s in the Box : phone. This guide contains basic information to get 1. WIKO FREDDY mobile phone you started and quickly familiarise yourself, we hope, 2. AC adaptor with the world of WIKO. 3. Micro USB cable 4. Hands-free kit A complete version of the guidelines, safety 5. User guide instructions and your device usage user guide is 6. Battery available on our website www.wikomobile.com. You can request a printed version via email or printed letter at the address listed at the end of the user guide. ~ The buttons on your phone Button Function On/Off Press and hold the button to turn the phone on or off.
    [Show full text]
  • Juniper Networks J-Series Services Routers: J2320, J2350, J4350, and J6350
    Datasheet Juniper Networks J-series Services Routers: J2320, J2350, J4350, and J6350 Product Description Enterprises are faced with a number of challenges and opportunities by converging voice, video and data to one network. This consolidation of network elements reduces cost by easing deployment of SIP enabled voice over IP (VoIP), real-time high-definition Telepresence and standardizing on a consistent infrastructure network operating system like JUNOS software. These new technologies improve; customer relations, interactions with suppliers, and employee productivity. This mission-critical multi-media network must be always on and always available. To accomplish this, fully integrated stateful security is a key requirement, not merely forwarding packets without regard to the intended application or individual user session. JUNOS software with enhanced services provides the high-performance networking infrastructure that helps enterprises Juniper Networks J-series services routers extend implement key initiatives that: • Secure critical information and protect the network from vulnerabilities and attacks. Enterprise applications and deliver reliable Enterprises need to protect confidential information from external and internal connectivity to remote offices with a powerful attacks as they connect with their customers and suppliers. The inseparable routing and firewall offered by JUNOS software with enhanced services secures every location blend of high-performance network protection in the network and allows departmental segmentation out to remote locations of the network. Implementing IPSec VPNs with firewalls at remote sites allows for flexible and advanced services. J-series services routers network connectivity with security for split tunneling configurations. leverage the modular JUNOS® software operating • Minimize the cost of installing and operating the network.
    [Show full text]
  • Barometer of Mobile Internet Connections in Switzerland
    Barometer of mobile internet connections in Switzerland Publication of March 06th 2020 2019 report nPerf is a trademark owned by nPerf SAS, 87 rue de Sèze 69006 LYON – France. Contents 1 Summary of overall results .......................................................................................................... 2 1.1 nPerf score, all technologies combined, [2G->4G] ............................................................... 2 1.2 Our analysis ........................................................................................................................... 3 2 Overall results ............................................................................................................................... 3 2.1 Data amount and distribution ............................................................................................... 3 2.2 Success rate [2G->4G] ........................................................................................................... 4 2.3 Download speed [2G->4G] ..................................................................................................... 4 2.4 Upload speed [2G->4G] ......................................................................................................... 4 2.5 Latency [2G->4G] ................................................................................................................... 5 2.6 Browsing test [2G->4G] ......................................................................................................... 5 2.7 Streaming test [2G->4G]
    [Show full text]
  • The World Needs Network Innovation. Juniper Is Here to Help
    The world needs network innovation. Juniper is here to help. In a world where the pace of change is accelerating at an unprecedented rate the network has taken on a new level of importance as the vehicle for pulling together our best people, best thinking, and best hope for addressing the critical challenges we face as a global community. The JUNIPER BY THE macro-trends of cloud computing and the mobile Internet NUMBERS hold the potential to expand the reach and power of the network—while creating an explosion of new subscribers, • The world’s top five social media properties new traffic, and new content. In the face of such intense are supported by Juniper demand, this potential cannot be realized with legacy Networks. thinking. Juniper Networks stands as a response and a • The top 10 telecom companies challenge to the traditional approach to the network. in the world run on Juniper Networks. • Juniper Networks is deployed in more than 1,400 national Our Vision government organizations We believe the network is the single greatest vehicle for knowledge, collaboration, and around the world. human advancement that the world has ever known. Now more than ever, the world relies on high-performance networks. And now more than ever, the world needs network • Juniper has over 8,700 innovation to unleash our full potential. employees in 46 worldwide offices, serving over 100 The network plays a central role in addressing the critical challenges we face as a global countries. community. Consider the healthcare industry, where the network is the foundation for new models of mobile affordable care for underserved communities.
    [Show full text]