Verizon Business received a "Strong Positive" rating from Gartner, Inc in its inaugural "MarketScope for Managed Security Services in the Asia Pacific Region" report. [1]
To be rated Strong Positive, companies must demonstrate their continued investments in innovation and facilities in multiple countries in the Asia Pacific region.
This is in addition to receiving either a Good or Excellent rating from participants of the research - all of whom are customers of managed security services providers.
According to the report, the managed security services market is maturing rapidly in more prosperous Asia Pacific countries. Coupled with users' heightened awareness of security risk management and regulatory concerns, the region is seeing steady growth in demand.
Gartner forecasts a 12% compounded annual growth rate for Asia Pacific managed security services from 2006 to 2011, with market forecast for 2008 at US$219 million. [2]
"This recognition underscores Verizon Business' dedication to delivering world-class managed network services in Asia Pacific and around the globe," said John Karabin, vice-president, security solutions, Asia Pacific, Verizon Business. "The nature of today's extended enterprise environment brings with it unprecedented security challenges that continue to evolve in sophistication and potential impact. Securing the extended enterprise, and the flow of data within and outside of its perimeter, is probably today's most critical business challenge. How well businesses manage to achieve this goal will determine their future success."
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