Verizon Enterprise Looks to Cloud Computing, Security, Managed Services

During Q4 2012, Verizon Enterprise recorded $2.1 billion in revenue for strategic services to $2.1 billion, up 5.3% compared with fourth-quarter 2011. Strategic services now represent 54% of the company's global enterprise revenues.

On its earning's call on Tuesday, Verizon CFO Fran Shammo said the company is looking to drive growth in its enterprise strategic services in 2013, specifically in the areas of cloud computing, security, and managed services.

Verizon Enterprise Solutions completed agreements with multinational and U.S. corporations including The Coca-Cola Company, Hongkong and Shanghai Hotels Ltd., Bridgestone Americas, CME Group and Shred-It for advanced business technology solutions. The company also launched a comprehensive cloud and data center infrastructure portfolio specifically designed to help the health care industry meet the federal Health Insurance Portability and Accountability Act (HIPAA) requirements for safeguarding electronic protected health information.

Verizon Enterprise Solutions also saw one of its most significant M2M customer engagements during the final quarter of 2012, offered new solutions focused on solving customer problems in the areas of healthcare and security, and won recognition for its solutions around the globe.

http://www.verizonbusiness.com/go/Q4