Terremark Positioned in Leaders Quadrant of Magic Quadrant for Public Cloud Infrastructure as a Service

Terremark, a Verizon Company, today announced that it has been positioned by Gartner, Inc. in the leaders quadrant in the Magic Quadrant for Public Cloud Infrastructure as a Service, 2011 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 distinguished themselves by offering an excellent service and having an ambitious future road map. They usually serve a broad range of use cases well, although they do not excel in all areas, and they are not necessarily the best providers for a specific need. They have a track record of successful delivery, along with many referenceable customers.”

For the report, Gartner defines public cloud compute IaaS as "a standardized, highly automated, massively multitenant offering, where compute resources, complemented by storage and networking capabilities, are owned and hosted by a service provider and offered to the customer on demand. The customer is able to self-provision this infrastructure, using a Web-based graphical user interface (UI) that serves as an IT operations management console for the overall environment; API access to the infrastructure may optionally be offered as well.

"Cloud computing in the form of IaaS is transforming the way enterprises and government agencies procure, provision and deploy their IT resources, and we believe that our unique set of assets position Terremark as a clear leader in this evolution in the industry,” said Kerry Bailey, president of Terremark. "The combination of Terremark and Verizon’s leading-edge IaaS offerings, and the workload migration capabilities delivered by CloudSwitch, provide our customers with a complete set of solutions for their exact needs. We believe the result of Gartner’s evaluation underscores that our strategic approach to investing in this nascent market is aligned with where the market is moving and how our customers are increasingly expecting to leverage cloud infrastructure moving forward.”

¹ "Magic Quadrant for Public Cloud Infrastructure as a Service” Lydia Leong & Ted Chamberlin, December 8, 2011

About the Magic Quadrant

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About Terremark

Terremark, a Verizon Company, is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, Nasdaq:VZ), Terremark sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world. With a global network of data centers and a comprehensive portfolio of secure solutions, Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visit www.terremark.com.