The managed SD-WAN global market was estimated at $7 billion in 2022. It is expected to grow to $19 billion in 2027 for a 22% annual growth rate. While not every organization can benefit from an SD-WAN solution, all organizations do use wireless. The managed Wi-Fi global market that was almost $5 billion in 2022 is expected to grow 21% a year to $12.5 billion in 2027. Managed security tells a similar story as managed VPN and network monitoring is projected to grow to $88.5 billion in 2027.
Wi-Fi is everywhere, security is required, and more companies are utilizing SD-WAN due to the growing complexity of business networks and the adaptation of multi-cloud computing and hybrid work models. In the past, digital transformation was a strategy to gain a competitive advantage over industry competitors. It is now imperative because organizations are feeling pressure from multiple fronts every day. That calls for greater agility, flexibility, and scale.
The Demand for Premier IT Services
In today's fast-paced digital age, users expect instantaneous results and an unparalleled digital experience. This consumer-level expectation has seamlessly transitioned into the B2B realm. However, many companies lack the expertise and personnel to offer top tier digital services, leading them to seek external partners capable of meeting these expectations.
Digitally transformed organizations must retain robust enterprise network services that are characterized by stellar performance and unwavering availability. They require tools that provide their clients with the agility and flexibility that is essential for achieving business goals. Whether it is hastening the launch of new branches or adapting infrastructure to evolving business needs, mergers, or regulatory shifts, every enterprise must be ready for the next challenge. Regardless of what business you are in, the objective is delivering reliable, secure, and high-quality services for a price that makes sense.
Embracing the Cloud Paradigm
Just as many of the world's largest enterprises have transitioned their applications, infrastructure, and digital resources to the cloud, smaller organizations of all industries must follow suit for the following reasons:
- Unparalleled scalability offered by the cloud
- Greater cost efficiency by shifting from a CapEx to an OpEx model
- Simplified management with a centralized dashboard
- Regular rollouts of innovative services and tools
- Access to robust security measures to safeguard clients' data
- Large selection of customizable services and solutions for customer requirements.
Juniper Mist Intelligence
Juniper Mist harnesses artificial intelligence, machine learning, and data analytics to elevate user experiences and streamline operations across wireless, wired, and SD-WAN domains. With AI-driven capabilities, Mist automates routine tasks and offers deep insights into network operations to ensure consistent quality in both wired and wireless networks. Beyond that, Mist's ability to offer indoor location services and predict potential issues before they occur further sets it apart from other providers. This innovative blend of cloud intelligence is why users have reported operational labor savings of up to 90%.
Real Cost Savings
As you may have guessed, it is Juniper Networks that can help digitally transformed organizations achieve significant savings in OpEx and TCO in regards to customer infrastructure. Real, tangible cost savings were calculated for managed SD-WAN, Wi-Fi, and wired LAN services using a business case model developed by ACG Research. The model calculates revenue, CapEx, and OpEx for two scenarios:
- Managed network services with Juniper Networks’ wired, wireless, and SD-WAN driven by Juniper Mist AI
- Managed network services without Juniper Networks’ wired, wireless, and SD-WAN driven by Juniper Mist AI
The model assumed a portfolio of Juniper SSR routers for SD-WAN, access points for Wi-Fi, and EX switches for wired access. There is also a pricing model that marked up the base expense of the network infrastructure by 70%. A Business Analytics Engine (BAE) was used to calculate gross margin and the cost of labor involved in delivering the designated services. Some of the final numbers included the following:
Businesses today require top-tier IT services. With Juniper Networks' cloud solutions powered by Mist, digitally transformed organizations can meet these demands while also achieving a favorable return on investment and profit margin.
Next Steps: This white paper by WEI identifies how Juniper Networks' location-based networking helps higher education institutes overcome complex technology challenges. Readers will better identify:
- Concerns of higher education IT professionals
- Why network infrastructure is a differentiator
- Challenge of improving remote experiences
- Value of a virtual network assistant