Juniper Networks introduced its new Universal WAN solution that will help fulfill the cloud connected requirements of new enterprise network and enable the startups to obtain a  flexible and scalable enterprise and branch routing portfolio optimized to support rapidly growing mobile, video and cloud computing applications. The introduction of this WAN solution has made Juniper a pioneer offering delivering industry’s highest performance and most scalable routing offering specifically designed to support distributed enterprises that run business-critical applications across varied locations, including data centers, campuses and branches.

Made up of new additions to the MX Series 3D Universal Edge Routing portfolio, compact MX5, MX10 and MX40, and  configuration updates to the SRX Series Services Gateways, the Universal WAN solution is powered by Junos. Giving his views on the same, Michael Todd, head of engineering, systems, for OpenX, the world’s leading independent provider of digital advertising technology said,

“Low latency and high throughput are critical to the sophisticated technology that allows OpenX customers to maximize their online advertising revenue. The MX Series and the Junos operating system have given us the ability to rapidly scale our business. The compact versions of the MX Series will give us the two rack unit form factor, power consumption and economy to allow us to further expand our international footprint.”

This will also enable the flexible interfaces for enterprises on a Pay-As-You-Grow model. It will offer Simplicity, Flexibility and Scalability for Complete Cloud Readiness in less than 10 minutes. It will be available for orders today with shipments beginning in Q3 2011.

As Juniper rolls out its new products, its quarterly earnings are looking rosy as well.  Juniper’s overall approach to the market and internal conditions seems to be paying off, which is indicated by the earnings call it held earlier this week. Revenue in Q1, 2011 rose 21 percent year over year to $1.1 billion, and net income of 24 percent. The networking company’s stocks rose by 3% in after-hours trading.

The credit for this growth also goes to the company’s latest deal with Verizon as the supplying Verizon with the networking technology needed for a big project. The company also reached a deal with New World Telecommunications Ltd to supply with MX960 and MX480 3D Universal EdgeRouters to support the Ethernet solutions New World offers to mobile operators in Hong Kong.

While Juniper is growing fast, a few of its competitors are undergoing not so good days, including Cisco. It recently killed Flip camera from its portfolio, cut 500 employees and also lost $300 million as lay off charges.