Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of
managed IT infrastructure services, today announced that it has been
positioned by Gartner, Inc. in the leaders quadrant in the Magic
Quadrant for Cloud Infrastructure as a Service and Web Hosting, 2010
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 well. New managed hosting
customers should sign two-year contracts with these companies. Satisfied
customers renewing a contract with one of these firms should sign a
three-year deal. Cloud IaaS customers should buy these services on
demand, or in contracts of one year or less.”
"We believe our positioning in the leaders quadrant underscores our
standing as one of the industry’s top providers of comprehensive managed
solutions that combine services ranging from colocation and cloud
computing to managed hosting and information security,” said Manuel D.
Medina, Chairman and CEO of Terremark. "The leading-edge services we
offer are tailored to meet the complex needs of enterprise and federal
government customers. We believe the result of Gartner’s evaluation
speaks to the compelling value Terremark provides these customers by
offering world-class managed IT infrastructure services from
best-in-breed datacenters with massive network connectivity and a full
suite of security services that help ensure the integrity and
availability of their mission-critical applications.”
1 "Magic Quadrant for Cloud Infrastructure as a Service and
Web, 2010”, Lydia Leong & Ted Chamberlin, December 22, 2010
About the Magic Quadrant
The Magic Quadrant is copyrighted, 2010 by Gartner, Inc. and is reused
with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and
is not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.
About Terremark Worldwide, Inc.
Terremark Worldwide (NASDAQ:TMRK) is a leading global provider of IT
infrastructure services delivered on the industry’s most robust and
advanced technology platform. Leveraging data centers in the United
States, Europe and Latin America with access to massive and diverse
network connectivity, Terremark delivers government and enterprise
customers a comprehensive suite of managed solutions including managed
hosting, colocation, disaster recovery, security, data storage and cloud
computing services. Terremark’s Enterprise Cloud computing architecture
delivers the agility, scale and economic benefits of cloud computing to
mission-critical enterprise and Web 2.0 applications and its DigitalOps®
service platform combines end-to-end systems management workflow with a
comprehensive customer portal. More information about Terremark
Worldwide can be found at http://www.terremark.com.
Statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Terremark's actual results may
differ materially from those set forth in the forward-looking statements
due to a number of risks, including uncertainties inherent in government
contracting, its ability to cross-sell across an acquired customer base,
ability to increase revenue yields within facilities, ability to
refinance existing debt, uncertainties and other factors, as discussed
in Terremark's filings with the SEC. These factors include, without
limitation, Terremark's ability to obtain funding for its business
plans, uncertainty in the demand for Terremark's services or products,
Terremark's ability to manage its growth, and the successful integration
of operations of acquired companies. Terremark does not assume any
obligation to update these forward-looking statements.
