Verizon in Analyst Firm's Leaders Quadrant
Verizon Business Positioned in Analyst Firm's Leaders Quadrant for Asia/Pacific Network Service Providers 2007
READING, March 10 /PRNewswire-AsiaNet/ -- Assessment Based on Completeness of Vision and Ability to Execute.
Leading analyst firm Gartner Inc. has positioned Verizon Business in the Leaders Quadrant, ``Magic Quadrant for Asia/Pacific Network Service Providers, 2007.’’ (1).
The Gartner Magic Quadrant evaluates providers of ``international network services to MNCs (multinational corporations) with networks spanning the Asia Pacific region." To qualify, providers had to ``focus on data services, especially IP VPNs (virtual private networks), and increasingly, Ethernet offerings.’’ Most providers also ``offer voice services, especially voice over Internet Protocol (VoIP) and IP telephony in association with IP VPNs.’’
According to Gartner, ``Leaders demonstrate strong vision, especially in terms of defining future market needs. They back their vision by investing ahead of competitors in new or unproven areas, and are generally better positioned for the future. However, significant differences exist between the Leaders in terms of strategy and execution, and none excel in all areas. The long-term outcome is not clear for these providers, as continued challenges may force some to scale back their plans and presence.’’
Nancy Gofus, senior vice president and chief marketing officer for Verizon Business, said: ``Our position in the Leaders Quadrant reflects our ongoing commitment to the Asia-Pacific market. In the past year we have invested significantly in the region, with major expansion of infrastructure and resources to support the evolving voice and data needs of our customers. We have also significantly expanded availability of our managed services and solutions portfolio, with a particular focus on security, application management, collaboration and managed local area network (LAN) solutions. We will continue to enhance our infrastructure and service capabilities to deliver unsurpassed global solutions to our multinational customers wherever they do business in the world.’’
This is the second consecutive year that Verizon Business has been positioned in Gartner's quadrant, ``Magic Quadrant for Asia/Pacific Network Service Providers, 2007.’’ Verizon Business was also recognized by Gartner in the ``Magic Quadrant for Global Network Service Providers, 2007’’ (2) and ``Magic Quadrant for Pan-European Network Service Providers, 2007.’’ (3).
About the Magic Quadrant
The Magic Quadrants are copyrighted 2007 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and other professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit www.verizonbusiness.com.
1 Gartner Research ``Magic
Quadrant for Asia/Pacific Network Service Providers,
2007’’, February 18, 2008, author - To Chee Eng. Gartner
RAS Core Research Note G00154548.
2 Gartner Research ``Magic Quadrant for Global Network Service Providers, 2007’’, August 8, 2007; Authors Neil Rickard, Eric Paulak; ID Number: G00150113.
3 Gartner Research ``Magic Quadrant for Pan-European Network Service Providers, 2007’’, December 5, 2007, authors - Neil Rickard, Scott Morrison.
Gartner RAS Core Research Note G00153140.