Evaluation Based on Completeness of Vision and Ability to Execute
March 08, 2012
MIAMI – March 8, 2012 — Terremark, a Verizon Company, has been positioned by Gartner, Inc. in the leaders quadrant in the new Magic Quadrant for Managed Hosting, 2012 report1. The Magic Quadrant depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner.
According to Gartner’s report, “Leaders have proved they have staying power in this market, can frequently innovate on their existing products and can be relied on for enterprise-class needs. They have proved their technical competence and ability to deliver services to a wide range of customers. They address multiple use cases with stand-alone or integrated solutions.”
For the report, Gartner’s market overview states, “The market for managed hosting is mature, but the introduction of cloud Infrastructure-as-a-Service (IaaS) has driven significant evolution in the market over the last three years, adding use cases related to managed cloud IaaS solutions. This Magic Quadrant covers only solutions that include managed services, emphasizing complex implementations that require significant human labor on the part of the service provider, regardless of whether the underlying infrastructure platform comprises physical servers, virtualized servers, cloud IaaS or some hybrid combination.”
“The managed hosting market is constantly evolving. Being positioned in the leaders quadrant underscores Terremark’s standing as a clear leader in delivering the comprehensive managed solutions,” said Nelson Fonseca, Terremark’s president. “Today’s enterprises and government agencies require a combination of secure cloud computing, managed hosting and colocation services. By combining the leading-edge assets of Terremark and Verizon, along with the workload migration expertise of CloudSwitch, we are able to provide our customers with a broad set of solutions that can be matched to their exact needs.”
1 “Magic Quadrant for Managed Hosting, 2012”, Lydia Leong & Ted Chamberlin, March 5, 2012
About the Magic Quadrant
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Terremark, a Verizon Company, is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, NASDAQ:VZ), Terremark sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world. With a global network of data centers and a comprehensive portfolio of secure solutions, Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visit www.terremark.com.