Verizon Business has announced that the company has generated $1.5 billion in revenue in the second quarter, from sales of strategic business services such as IP, managed services, Ethernet, security solutions and expert professional services. These solutions and services help globally extended enterprises to perform better, claims the company.
Verizon Business (News - Alert) concentrated on strengthening its integrated secure offerings in the second quarter. To achieve this, Verizon introduced important solutions enhancements and professional consulting services in the second quarter. This includes integrated service packages for advanced wireline and wireless voice and data capabilities, improving the company’s Burstable Enterprise Shared Trunks capability and enabling Hosted IP Centrex customers to make the virtual office a reality for remote workers.
The new IT solutions introduced by the company include an on-demand, “cloud-based” Computing as a Service solution and an expanded suite of managed services. Along with these, the company has also introduced new suite of “asset assurance” fault-management and monitoring tools and reporting capabilities.
“The current global economy has its challenges, but there are also opportunities aplenty and no one is better positioned to help businesses harness technology to their advantage than we are,” said Fran Shammo, president of Verizon Business. “We’re seeing continued strong global demand for our integrated solutions and professional services, and we continue to transform our business to give customers the higher-value services they are seeking to advance their businesses.”
The new security solutions capabilities introduced by Verizon include an improved Internet Security Assessment service, new managed security capabilities for Verizon Secure Gateway (News - Alert)-Firewall and various improvements to the Verizon Security Management Program. The company now also provides the ability to its Ethernet Virtual Private Line customers to adjust their bandwidth requirements on an as-needed basis.
The company has also invested more than $3 billion since 2006 in its global network, which includes extending Verizon Business’ Internet Dedicated Access and Internet Dedicated Ethernet services to Malaysia. When it comes to service delivery, the company completed its annual SAS (News - Alert) 70 Type II examination for the company’s data centers in Sydney, Melbourne, Singapore and Hong Kong.
Also, Verizon Business will soon provide the U.S. Department of Health and Human Services with a comprehensive set of voice, data, collaboration and professional services under a new agreement through the Washington Interagency Telecommunications System contract. The company, under the $245 million deal, will provide HHS with voice and data services, dedicated voicemail systems, and audio, video and Web conferencing.
Don’t forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users.
Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.
Edited by Michael Dinan