Years of competition between Juniper Networks (the runner-up) and Cisco Systems Inc. (the threatened title holder) have been exceptionally intense and rigid. Today, they renew their vow to combat each other with what could be the biggest gunshot Juniper has fired at Cisco, with the introduction of a new networking system called QFabric. The official happened  in an event at San Francisco.

Following the release of QFabric, Chief Executive Officer Kevin Johnson reinforced the organizations quest since its inception in 1996. “Juniper’s heritage is one of innovating and disrupting the competition. What customers are looking for is new ways to solve the problems of these massive data centers and in ways that are faster and more cost-effective.”

A world that used to be dominated by Cisco is now being shaken along Cisco’s fault lines. We know the latter as an organization with its base anchored by selling gear to phones and ISPs. But Juniper Networks is chasing Cisco’s corporate data center market with QFabric. What this product offers is less networking equipment, running rapidly, with more value compared to rivals.

“It is often difficult for CIOs to overcome the inertia of existing infrastructure and organization to radically improve the cost structure of an environment,” says Wikibon analyst Stuart Miniman.  “Juniper’s new single tier network shows the rare promise of changing the economics of a technology environment without having to start with a clean slate. IT organizations should take the deployment of 10Gb Ethernet and higher to reevaluate architectural designs and vendors. With its new single-tier architecture, Juniper should be on the short list of networking vendors to consider.”

Clearly, Juniper is the fiercest nemesis of Cisco today and it shows no mercy to the champ. While Cisco experiences downplay in sales for the last quarter by at least 7%, Juniper prevails at this platform with the help of the recent partnership with IBM. According to the preliminary fourth quarter and 2010 fiscal year financial report of Juniper Networks, the business made an outstanding revenue of $1.190 billion, which was 26% higher compared to previous year and an 18% increase from preceding quarter. They made a total of $4.093 billion in 2010.

Juniper Networks also enjoys great amount of exposure with several other key advancements for the first two months of 2011. The company just released a virtualized security solution for both private and public clouds via the fusion of vGW Virtual Gateway and SRX Gateways. They also made a good showing of their market strength at EMC Breaking Records event held earlier this year. Although Juniper Networks is going after Cisco’s bigger market, it also is keen in maintaining its good foundation within the mobile industry. It was evident as they sealed a tie up with Nokia-Siemens Networks. To top all of these, they recently won the coveted Best Security Hardware Product at the 2011 Global Excellence Awards earlier this month.