Customers of Verizon Business' Ethernet Virtual Private Line service now have broader control over network speed and capacity through an innovative dynamic bandwidth solution announced by the company Wednesday (June 24). Verizon Business is the first Tier One provider to standardize such a solution.
The new offering, Verizon EVPL Dynamic Bandwidth, is available immediately to U.S.-based businesses and government agencies. It enables them to adjust their bandwidth requirements on an as-needed basis, and, as a result, to better leverage the low cost and simplicity of Ethernet, with the added flexibility of self-provisioned network capacity that can accommodate surges in application-bandwidth.
"More than ever, customers are looking for reliable, secure, cost-effective and flexible networking solutions," said Tom Roche, vice president for global networking solutions with Verizon. "Our new dynamic bandwidth capability delivers additional speed and capacity to meet customer requirements - at reasonable pricing to accommodate stressed IT budgets."
Verizon EVPL Dynamic Bandwidth is an ideal solution for large-enterprise and mid-market customers - such as tax preparers, retailers and insurance companies - that have seasonal requirements and intermittent bandwidth demands.
Using the Verizon Enterprise Center, a one-stop resource for customers to manage all of their Verizon services, EVPL users have desktop control over a self-service portal that allows for dynamic bandwidth provisioning and reporting. Upgrades or downgrades can be delivered within 60 minutes, modifications can be made every 24 hours, and customers can schedule upgrades in advance.
Verizon's Private IP customers also have access to similar dynamic bandwidth and reporting capabilities via the Verizon Enterprise Center. The Dynamic Bandwidth and automated monitoring features, part of the company's Application Aware suite of tools that enable increased network visibility and management, allow for bandwidth changes on demand based on the customer's needs, and provide customized reports to indicate bandwidth usage.
"There is an insatiable hunger for bandwidth as technologies such as video transmission become more widely adopted by enterprises," said Blair Crump, worldwide president of sales with Verizon Business. "Our self-service dynamic bandwidth capability allows our EVPL and Private IP customers to make the most of their networks, at their convenience."
David Hold, senior analyst, network services with Current Analysis, said: "Verizon Business is delivering a unique value proposition to the Ethernet services market with their new dynamic bandwidth capability. With the proliferation of sophisticated, bandwidth-intensive applications, most organizations are demanding greater network capacity, and this new capability will help customers improve their return on investment in EVPL by only paying for greater speed when needed."
Verizon EVPL is a fiber-based network service that offers secure and highly available network solutions for efficient point-to-point connections between customers' local area and wide area networks. Verizon EVPL can easily connect widespread locations in the U.S., Europe and Asia-Pacific regions, using a simple, cost-effective Ethernet interface without the need for additional customer premises equipment.
Since 2006, the Metro Ethernet Forum, the leading industry association dedicated to promoting Ethernet technology, has annually recognized Verizon as Carrier Ethernet Service Provider of the Year, Best in Business, North America on the strength of its global Carrier Ethernet portfolio and continued commitment to Ethernet innovation.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com.