Market Overview

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


Verizon Terremark today announced that it has been positioned by Gartner, Inc. in the leaders quadrant in the Magic Quadrant for Cloud Infrastructure as a Service, 2012 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 cloud compute Infrastructure-as-a-Service (IaaS) as “a standardized, highly automated offering, where compute resources, complemented by storage and networking capabilities, are owned by a service provider and offered to the customer on demand. The resources are scalable and elastic in near-real-time, and metered by use. Self-service interfaces are exposed directly to the customer, including a Web-based UI and, optionally, an API. The resources may be single-tenant or multi-tenant, and hosted by the service provider or on-premises in the customer's data center.”

“The cloud computing IaaS market is continuing to evolve and mature with leading providers distinguishing themselves based on their level of customer service, a proven track record of effectively securing cloud infrastructures and delivering hybrid cloud solutions that match customer needs,” said Chris Drumgoole, Verizon Terremark's senior vice president of global operations. “The robust network and cloud infrastructure platforms that we have integrated under Verizon allow us to provide unique solutions that meet the needs of enterprises and government agencies. We believe the result of Gartner's evaluation highlights that our strategic investments in developing a robust portfolio of cloud computing infrastructure offerings are aligned with market demand for enterprise-class cloud solutions.”

1 “Magic Quadrant for Cloud Infrastructure as a Service” Lydia Leong, Douglas Toombs, Bob Gill, Gregor Petri, Tiny Haynes, October 18, 2012

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Verizon Terremark

Verizon Terremark is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, Nasdaq: VZ), Verizon 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, Verizon Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visit

Verizon Terremark
Media Relations:
Maria Rodriguez, 305-961-3181

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