Verizon Business

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Verizon Business
HeadquartersBasking Ridge, New Jersey,
United States
Key people
Tami Erwin (CEO)
ProductsNetwork, Communications, Mobility, Cloud, Machine to Machine, Security
ParentVerizon Communications

Verizon Business (formerly known as Verizon Enterprise Solutions) is a division of Verizon Communications based in Basking Ridge, New Jersey that provides services and products for Verizon's business and government clients around the world.[1] It was formed as Verizon Business in January 2006 and relaunched as Verizon Enterprise Solutions on January 1, 2012. Between April 2014 and October 2016 its president was Chris Formant. Since November 2016 George J. Fischer is Verizon Enterprise Solution's President until he was replaced by Tami Erwin. In 2019 Verizon reorganized into three groups, renaming the former Verizon Business Solutions as Verizon Business.[2]

Overview of operations[]

Verizon Enterprise Solutions is the division of Verizon Communications that manages Verizon's business and government clients. The division was established as Verizon Business following Verizon's acquisition of MCI Communications in January 2006.[3] The division became Verizon Enterprise Solutions on January 1, 2012 and is based in Basking Ridge, New Jersey.[4][5] Services provided include advanced communications, information technology, networking, cloud computing and data storage, managed security, machine to machine, and professional consulting.[5][6] The division's network and services are available in more than 150 countries and it has employees in 75 countries.[4][7][8]

Verizon Enterprise Solutions operates 200 data centers in 22 countries, providing cloud, hosting and Internet colocation services to customers.[7][8][9] It also has partial ownership in 80 submarine cable networks worldwide, including the SEA-ME-WE 4, Trans-Pacific Express, and the Europe India Gateway systems.[10]

Verizon's business clients include most of the companies listed in the Fortune 500.[5][11] John Stratton led the division from January 2012 until April 2014 when Chris Formant was named president of the unit.[12][13]

Products and services[]

Verizon Enterprise Solutions provides products and services related to networks, cloud, machine to machine and mobile technologies; data, hosting and storage; and managed security, as well as other wired and wireless offerings.[4][14]

In addition, the company offers solutions that it tailors to specific vertical markets.[15] These markets include healthcare, financial, retail, government, energy and utilities.[16][17][18] The division assesses client's business needs and systems to make recommendations on potential new technologies.[4]

Networks[]

The company provides Private IP services and networks, as well as managed WAN and LAN services,[19][14] among other networking services.[20][21] Verizon also operates a global IP network that reaches 150 countries.[8] In January 2012, Verizon began its Private IP Wireless (LTE) service, which combines 4G LTE with Verizon’s MPLS IP VPN.[22]

Cloud computing and data centers[]

The division offers cloud and data center services through its eleven cloud-enabled data centers that the company owns and operates throughout the world. Six of these are in the United States, including NAP of the Americas, its flagship Internet exchange point and colocation center.[9][23][24] Verizon also owns and operates approximately 50 regional data centers around the world and has network access points in the United States, Europe and Latin America.[23][25] Verizon Enterprise Solutions is able to offer colocation and managed services through these data centers.[9]

In August 2011, Verizon purchased CloudSwitch.[26] CloudSwitch's software allowed Verizon to offer enterprise clients the ability to use their existing applications with cloud services.[27]

As of May 2014, the division is developing its new fabric-based cloud infrastructure called Verizon Cloud, which is in beta testing for some enterprise customers.[20][28] Verizon Cloud has two scalable, pay-as-you-go components: Verizon Cloud Compute and Verizon Cloud Storage.[24] A differentiating factor between Verizon Cloud and traditional cloud technology is the ability for users to set capacity and performance of virtual machines.[28][29][30] Seven data centers support Verizon Cloud as of May 2014.[20][29]

As of April 2014, the company's Secure Cloud Interconnect (SCI) service allows enterprise customers to connect their private IP to Verizon's cloud services, and other cloud platforms including Equinix and Microsoft.[20][31]

In December 2016 Verizon agreed to sell its US data centers business to Equinix Inc for 3.6 billion in cash. The deal includes 24 facilities across 15 metropolitan markets. For Verizon, the US largest wireless carrier, the deal marks a retreat from the data-centers business five years after it bought Terremark Worldwide Inc. for $1.3 billion, as prospects faded. The sale to Equinix, which is expected to close in the middle of 2017, includes sites in the U.S., Brazil and Colombia. Verizon will still offer data-center services using Equinix as a partner.

Connected devices[]

Verizon Enterprise Solutions' machine to machine (M2M) client solutions are frequently custom created for business needs. The division works with a wide range of industries including healthcare, security, transportation, vending, and marketing.[32] Verizon established "Innovation Centers" in both Boston and San Francisco to help clients with M2M development.[33][34][35]

Examples of Verizon Enterprise Solution's M2M offerings include solutions for communication, infrastructure, digital signage, security, public safety,[36] smart cities,[37] smart meters,[16] and fleet management, as well as asset tracking to remotely monitor data about inventory and resources.[32][33]

Verizon Enterprise Solutions acquired Hughes Telematics in June 2012, expanding the division's M2M capabilities, particularly in telematics, which deals with vehicle telecommunications and technology.[38] The company is working with the automotive industry in areas of navigation, emergency services, diagnostics, data collection and aftermarket telematics.

In March 2013, after the acquisition, Verizon Enterprise Solutions began offering Networkfleet solutions, a service which tracks and analyzes data about commercial vehicle fleets to help customers optimize routes and manage their fleet vehicles and employees.[39]

Security[]

Verizon Enterprise Solutions provides security management services for its cloud and mobility products.[4][23][30] These include threat management tools and protection services, monitoring, analytics, incident response, and forensics investigations.[40][41] It also offers identity and access management in both the United States and Europe.[42] In November 2013, Verizon Enterprise Solutions introduced Managed Certificate Services, which provide a cloud-based means for businesses to secure connections and data between various types of machines and devices.[43]

Other products[]

Additional products and services offered by Verizon Enterprise Solutions include wired and wireless voice,[44] FiOS[45] and data and Internet services.[4] Mobility products offered include mobile workforce manager, mobile application management, and mobility pro services.[14]

See also[]

References[]

  1. ^ "Verizon Enterprise Solutions, Inc.: Private Company Information". Bloomberg.
  2. ^ Dignan, Larry. "Verizon reorganizes into 3 groups to leverage 5G". ZDNet. Retrieved 2019-07-04.
  3. ^ Marguerite Reardon (January 6, 2006). "Verizon closes book on MCI merger franchise". CNET. Retrieved November 27, 2013.
  4. ^ a b c d e f John Gallant (May 13, 2013). "Verizon Enterprise chief: We're headed for cloud computing's A-list President John Stratton says ability to build infrastructure at scale presents huge opportunities for Verizon in mobility, security, Internet of Things". Network World. Retrieved February 24, 2014.
  5. ^ a b c "Verizon Enterprise Solutions Company Profile". Hoover's. Retrieved March 2, 2014.
  6. ^ Zach Epstein (January 21, 2014). "Verizon recovers from huge loss with $5 billion Q4 profit". . Retrieved March 2, 2014.
  7. ^ a b Timothy Prickett Morgan (October 3, 2013). "Verizon Takes On AWS With Homegrown Cloud Code". . Retrieved February 28, 2014.
  8. ^ a b c "Verizon Communications Fact Sheet" (PDF). September 30, 2013. Retrieved October 25, 2013.
  9. ^ a b c Yevgeniy Sverdlik (January 15, 2013). "Verizon Adds Cloud Data Centers in Dallas and London". . Retrieved April 10, 2014.
  10. ^ Nathesh (February 1, 2011). "Verizon Offers Customers More Capacity with Submarine Cable Upgrade". . Retrieved March 3, 2014.
  11. ^ Tyler Alicea (September 19, 2013). "Verizon CEO Stresses Importance of Communications Technology". The Cornell Daily Sun. Retrieved March 2, 2014.
  12. ^ "Executive Profile: John G. Stratton". Bloomberg Businessweek. Retrieved June 9, 2014.
  13. ^ Sean Buckley (April 21, 2014). "Verizon taps Avaya veteran Chris Formant to oversee enterprise business". FierceTelecom. Retrieved May 14, 2014.
  14. ^ a b c "Company Overview of Verizon Enterprise Solutions, Inc". Bloomberg Businessweek. Retrieved May 14, 2014.
  15. ^ Jeremy Cowan (June 1, 2012). "Verizon to expand into mHealth, cars and home automation as it buys Hughes Telematics for US$612m". . Retrieved June 9, 2014.
  16. ^ a b Katherine Tweed (August 21, 2012). "Verizon's Utility Offerings: Moving Far and Wide Beyond the Meter". GreenTech Media. Retrieved June 9, 2014.
  17. ^ Andrew Nusca (June 1, 2012). "Verizon to acquire Hughes Telematics for $612m; eyes auto vertical". ZDNet. Retrieved June 9, 2014.
  18. ^ "Just In Time For Summer Verizon Location Data Services Makes Connecting With Customers Easy". . May 27, 2014. Retrieved June 9, 2014.
  19. ^ Sean Buckley (November 1, 2010). "Verizon Business incorporates Ethernet into its managed network lineup". FierceTelecom. Retrieved 30 May 2014.
  20. ^ a b c d Mitch Wagner (May 12, 2014). "Verizon Brings Thunder to the Cloud". Light Reading. Retrieved May 13, 2014.
  21. ^ Carol Wilson (April 9, 2014). "Verizon Connects Cloud With On-Demand WAN". Light Reading. Retrieved April 10, 2014.
  22. ^ Thor Olavsrud (April 19, 2012). "Verizon's IP VPN Opens a New World of Wireless Possibilities". PC World. Retrieved May 19, 2014.
  23. ^ a b c "Terremark CEO Resigns, Former Verizon Cloud Director Named Successor". . May 20, 2011. Retrieved April 10, 2014.
  24. ^ a b Nate Cochrane (October 9, 2013). "Verizon to scout Australian cloud". Sydney Morning Herald. Retrieved April 13, 2014.
  25. ^ "Long Road From Cuba". Sramana Mitra. October 28, 2009. Retrieved March 3, 2014.
  26. ^ Kirsner, Scott (August 25, 2011). "Verizon buys CloudSwitch, Burlington start-up that set out to make cloud services safe for big companies". Boston.com. Retrieved February 5, 2014.
  27. ^ "Verizon acquires Terremark, CloudSwitch". FierceTelecom. 14 December 2011. Retrieved 5 February 2014.
  28. ^ a b Serdar Yegulalp (October 3, 2013). "Verizon challenges Amazon with Verizon Cloud". InfoWorld. Retrieved April 10, 2014.
  29. ^ a b Vance McCarthy. "Verizon Revamps IaaS, Cloud Storage To Better Manage, Secure & Meet App SLAs". . Retrieved May 13, 2014.
  30. ^ a b Eric Blattberg (October 3, 2013). "Verizon plays catch up with new cloud compute, storage offerings". VentureBeat. Retrieved April 10, 2014.
  31. ^ Larry Dignan (April 9, 2014). "Verizon launches private IP cloud interconnect service". ZDNet. Retrieved May 13, 2014.
  32. ^ a b Jack Wallen (January 14, 2014). "Five ways Verizon is helping to drive M2M towards the future". TechRepublic. Retrieved May 12, 2014.
  33. ^ a b Kristin Bent (June 10, 2013). "Machine-To-Machine Technology Is Here: You Don't Have To Imagine The Opportunities". CRN Magazine. Retrieved 12 May 2014.
  34. ^ Andrew Berg (October 6, 2010). "Verizon Offers M2M Management Solution". Wireless Week. Retrieved March 3, 2014.
  35. ^ Darren Murph (June 3, 2013). "Verizon's Innovation Center: Incubating the next generation of connected devices keeps the 'dumb pipe' naysayers at bay". Engadget. Retrieved June 9, 2014.
  36. ^ Dan Jones (February 23, 2011). "Motorola & Verizon Ink Public-Safety LTE Deal". Light Reading. Retrieved June 9, 2014.
  37. ^ Eric Blattberg (May 29, 2014). "Verizon thinks its cloud is better than yours — and it may be right". VentureBeat. Retrieved June 9, 2014.
  38. ^ "Verizon completes takeover of Hughes Telematics". . August 1, 2012. Retrieved May 13, 2014.
  39. ^ Dan Meyer (March 15, 2013). "Verizon taps Hughes acquisition for fleet management solution". RCR Wireless News. Retrieved May 12, 2014.
  40. ^ John Dix (May 14, 2013). "View from inside Verizon's security SWAT team". Network World. Retrieved June 9, 2014.
  41. ^ Ashley Bennett (February 28, 2014). "Verizon launches new Cyber Intelligence Center". . Retrieved June 9, 2014.
  42. ^ "Verizon Expands Cloud-based Identity Platform". . October 15, 2013. Retrieved April 10, 2014.
  43. ^ Michelle Maisto (November 19, 2013). "Verizon Launches Enterprise Solution to Secure Connected Everything". eWeek. Retrieved April 10, 2014.
  44. ^ "Business Products".
  45. ^ "Compare Coupons, Credit Cards & Travel - Move Your Money Project". Archived from the original on 2015-07-08. Retrieved 2015-07-08.
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