IDC has named Verizon Business as a leading player in the Asia-Pacific next-generation telecom services market, in the analyst firm's inaugural report on the region. In its report, "IDC MarketScape: Asia/Pacific Next Generation Telecom Services 2010 Vendor Analysis,"1 IDC attributes Verizon's leadership position to the company's "unmatched security capabilities" and strong cloud vision, coupled with its robust network.
This IDC study is the first vendor assessment of the next-generation telecom services market in Asia-Pacific. It analyzes the capabilities and strategies that key telecom service providers will implement in the next three to five years and that can impact the providers' ability to gain market share in the longer term.
IDC defines "next-generation telecom services" to include international IP VPN and Ethernet services, managed services (including cloud services), and professional IT services (excluding support services) that are offered in the Asia-Pacific region. Vendors are evaluated based on their capabilities within the enterprise segment in the region.
Andrew Dobbins, Verizon Business regional vice president, Asia-Pacific, said: "This accolade from IDC further validates our continued investment in our network, solutions, services and people. We are increasingly confident that our capabilities and expertise - coupled with our secure global IP network and data centers -- will enable us to lead the industry as it further evolves toward a cloud-based 'everything-as-a-service' model."
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE, NASDAQ: VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world's most connected IP networks 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.
1 IDC MarketScape : Asia-Pacific Next-Generation Telecom Services 2010 Vendor Analysis: October 2010, IDC, #AP3053309S