Verizon Enhances On-Demand Cloud Computing Solution

BASKING RIDGE, N.J. As more companies move to embrace cloud computing, Verizon Business is enriching its on-demand, global cloud computing solution - Verizon Computing as a Service, or CaaS. The enhancements provide business customers with better control and flexibility over their computing environments.

Based on customer demand, Verizon recently added the following features to CaaS:

In addition to adding new features, Verizon has successfully completed the first annual SAS 70 Type II examination of controls for its CaaS data centers. SAS 70, a widely recognized auditing standard performed by a third party accounting firm, is conducted in compliance with the standards set by the American Institute of Certified Public Accountants for examining specific areas such as access to facilities, logical access to systems, network services, operations and environmental safeguards. This examination demonstrates that Verizon Business has controls and processes in place to manage and monitor its CaaS platform, as well as customers' critical applications and infrastructure, helping to ease concerns customers may have about migrating to the cloud for the delivery of critical IT services.

"Verizon CaaS was widely recognized as one of the industry's most comprehensive cloud-based computing solution for enterprises when it was launched last June," said Joseph S. Crawford, executive director - IT solutions, Verizon Business. "With the addition of new features and the completion of the SAS 70 Type II data center audit, we are continuing the investment in our flagship cloud offering as enterprise clients increasingly look to cloud computing to fundamentally change the way they consume IT resources."

Gartner Inc., a leading industry analyst firm, "estimates the current market for cloud services is $46.4 billion. By 2013, the market will reach $150.1 billion."Verizon CaaS in a Class of Its Own

Verizon CaaS - leveraging the company's global IP infrastructure and data centers - helps customers efficiently and securely manage on-demand computing resources, including server, network and storage capacity. Verizon CaaS enables businesses to pay only for the resources used and avoid buying equipment and adding staff to build out for peak capacity requirements.

Converged IP and IT Services Via a Cloud-Based Model

Verizon is leading the industry toward an "everything-as-a-service" (EaaS) model where cloud-based converged solutions are securely delivered through managed and professional services over the company's global IP network. Verizon is assembling the key components of that unique and powerful approach to serving enterprises. The EaaS platform - with Verizon's global IP network and data centers as its foundation - will enable enterprises to do business better by getting what they need, when they need it, where they need it. Visit the Verizon IT Solutions & Hosting Web site for more information.