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."