Market Research Firm Ranks Verizon Business as a 'Leader' in the Global Telecommunications Market

Analyst firm IDC has named Verizon Business a leading provider of communications services for multinational corporations, citing the strength of the company's solutions and security portfolio. 

In its March 2010 report, "IDC MarketScape: Worldwide MNC Telecommunications Services 2010 Vendor Analysis, Doc #222429," IDC notes that Verizon's "leadership positioning results from numerous distinctions, such as a well-developed services portfolio that includes a range of complementary offerings.  Key among them are its capabilities in the security services space, where the carrier truly differentiates itself from competitors."

In the report, IDC analyzes which service providers are "best positioned to offer global telecommunications solutions and to gain share in the worldwide MNC telecom services market," based on the providers' current capabilities and long-term strategies.  Key criteria include a consistent services portfolio, product and services innovation, strong global partnerships and an organizational structure that promotes customer service.

"Following on the heels of other recent, positive analyst rankings, our position in the IDC MarketScape further validates that Verizon Business is transforming well beyond its telecommunications-provider roots into a complete IT solutions provider," said Peter Tippett, vice president of technology and innovation at Verizon Business.  "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." 

Verizon Security: at the Heart of it All

Verizon Business' industry-leading portfolio of security solutions is at the heart of the company's IT solutions, uniquely enabling enterprises and government agencies to better manage security risk and protect critical company assets.  The company's more than 1,200 security professionals deliver governance risk and compliance solutions, data loss and prevention solutions, identity management solutions and managed security services around the globe. More information is available by clicking here, as well as by visiting the Verizon Security Blog.

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.