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Verizon Earns Frost & Sullivan's 2013 North American Market Share Leadership Award For Managed Security Services

Stocks in this article: VZ

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.

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