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October 29, 2012

Verizon Terremark Named Magic Quadrant Leader for Cloud IaaS in Gartner Report

By Laura Stotler, TMCnet Contributing Editor

Verizon Terremark was named a leader in Gartner's (News - Alert) latest Magic Quadrant for Cloud Infrastructure-as-a-Service report. The 2012 report is designed to show how vendors have been measured and positioned based on criteria for the cloud Infrastructure-as-a-Service (IaaS) marketplace as defined by Gartner.

The report describes cloud compute IaaS as a standardized and highly automated offering in which compute resources are owned by a service provider and are offered to the customer on demand. The report goes on to describe resources as scalable and elastic, in near real-time and metered by use.

Cloud compute IaaS includes self-service interfaces that are exposed directly to customers, including a Web-based UI and an optional API. Resources may also be single tenant or multi tenant, and are hosted by service providers or on-premises, in customers' data centers.

A subsidiary of Verizon (News - Alert) Communications Inc., Verizon Terremark strives to transform and secure enterprise-class IT on a global scale. The company provides advanced infrastructure and managed service offerings designed to deliver the scale, security and reliability needed to meet the requirements of global governments and enterprises.

"The cloud computing IaaS market is continuing to evolve and mature with leading providers distinguishing themselves based on their level of customer service, a proven track record of effectively securing cloud infrastructures and delivering hybrid cloud solutions that match customer needs," said Chris Drumgoole, Verizon Terremark's senior vice president of Global Operations. "The robust network and cloud infrastructure platforms that we have integrated under Verizon allow us to provide unique solutions that meet the needs of enterprises and government agencies. We believe the result of Gartner's evaluation highlights that our strategic investments in developing a robust portfolio of cloud computing infrastructure offerings are aligned with market demand for enterprise-class cloud solutions."

The Gartner report describes its Magic Quadrant leaders as those who "have distinguished themselves by offering an excellent service and having an ambitious future road map. They usually serve a broad range of use cases well, although they do not excel in all areas, and they are not necessarily the best providers for a specific need. They have a track record of successful delivery, along with many referenceable customers."


Edited by Jamie Epstein
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