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Press Release -- October 10th, 2014
Source: Verizon

Verizon’s Maiorana Discusses Transformational Technology at MILCOM 2014

Explains how technology trends and market dynamics are driving a reimagination of the public sector in the digital age

by Kevin W. Irland

Technology is fundamentally changing the business of government, said Michael Maiorana, Verizon Enterprise Solutions' senior vice president of public sector markets during his keynote address at MILCOM 2014. MILCOM is an AFCEA International-sponsored event for U.S. Department of Defense and defense industry decision makers that took place October 6-8, in Baltimore, Maryland.

During his speech, Maiorana explained that:

  • Global IP traffic has increased fivefold over the previous five years and is expected to increase threefold over the next five years.
  • By 2018, 61 percent of all IP traffic will originate from non-PC devices, such as tablets, smartphones and machine-to-machine (M2M) modules.
  • The number of M2M connections in the U.S. is expected to reach more than 78 million in 2018.
  • Cloud spending by governments and enterprises is predicted to reach nearly $24 billion by 2017.
  • Only 13 percent of public sector organizations are using big data and analytics extensively.

Beyond the rapid pace of technological advancement and innovation, Maiorana highlighted the practical dynamics that are shaping the defense market. These include decreasing budgets, long procurement cycles, legacy systems, an aging workforce, a shortage of technical expertise and, most importantly, a changing mission that is both global and evolving in its scope and scale.

Maiorana said that these forces are driving a new normal that will ultimately impact how IT services required by the military and its support organizations are sold, delivered, consumed and managed. He also pointed out that organizations across the entire defense ecosystem will partner in new and different ways to create the solutions needed by the Department of Defense to help ensure that information — "the greatest asset of the digital age" — can be fully leveraged as a strategic asset.

Noting that Verizon has been investing with this future in mind, Maiorana pointed out that secure and powerful networks only provide a foundation. By transforming itself through a series of strategic mergers and acquisitions, Verizon now has a set of technology assets that can serve the needs of the digital age, including machine-to-machine, cloud computing and cybersecurity.

In his closing statement, Maiorana said that the information ecosystem is highly complex and fast changing, and that fully leveraging the collective strengths of industry and defense will help unlock the vast potential of technology to reimagine the enterprise and protect the nation today and for future generations.

Read the full transcript of Maiorana's MILCOM 2014 keynote speech on the Verizon Enterprise Solutions news center.

Verizon is a leading provider of advanced IT and communications services to governments around the world. Visit the Verizon Public Sector Markets website for more information.

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