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BASKING RIDGE, N.J., Dec. 9, 2013 /PRNewswire/ -- Frost & Sullivan has awarded the 2013 Market Share Leadership Award for Managed Security Services to Verizon Enterprise Solutions. This award is presented to the managed security services provider that has demonstrated excellence in capturing market share within its industry and providing leading solutions capabilities.
This year's award recognizes Verizon's accelerated leadership in linking threat, risk and compliance for clients. According to the report's findings, "Verizon's resources and experience have put the company in a commanding position to collect and analyze behaviors and indicators associated with potential incidents and to develop threat indicator patterns across this broad set of data."
The report showcases Verizon's ability to maintain a comprehensive situational awareness across the global threat landscape and to engineer products, processes and services that help clients respond quickly to indicators and behaviors early in the attack cycle.
According to Michael Suby, VP of research at Frost & Sullivan, "Verizon is in a unique position with its unparalleled visibility into the global threat landscape and its range of managed security service offerings from cloud- to premises-based solutions. The company has done a stellar job of integrating threat intelligence into its service delivery models in order to safeguard today's global enterprise across a broad range of vertical industries."
Eddie Schwartz, vice president of global security services for Verizon Enterprise Solutions, said: "Verizon believes continued targeted attacks and high-profile security breaches will continue into 2014. Our approach to managed security services enables clients to focus on their core business competencies, while allowing us to provide high visibility into today's ever-changing security landscape. No other provider can match these capabilities."
Frost & Sullivan's North American Market Leadership Award is presented annually to recognize outstanding performance by a best-in-class company that can uniquely manage growth, innovation and leadership. Award participants are judged according to their market performance in the preceding year, based on criteria that include market leadership, year-over-year growth rate, market performance, solutions capability and forward-looking security capabilities.
Verizon Offers Comprehensive Security Solutions to Safeguard Enterprises
Verizon's offers a full continuum of managed security solutions including advanced security analytics and intelligence; distributed denial of service defense; investigative response; governance, risk and compliance solutions; identity and access management solutions; and vulnerability management services -- delivered in the cloud or on premises in more than 50 countries. For more information, visit us at http://www.verizonenterprise.com/solutions/security/.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300. For more information, visit www.verizon.com.
Verizon Enterprise Solutions Online News Center: News releases, blog posts, media contacts and other information are available in Verizon Enterprise Solutions' online News Center at http://www.verizonenterprise.com/about/news. News from Verizon Enterprise Solutions is also available through an RSS feed at http://www.verizonenterprise.com/rss-options/.
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