Verizon Business (formerly known asVerizon Enterprise Solutions) is a division of Verizon Communications based inBasking Ridge, New Jersey, that provides services and products for Verizon's business and government clients.[1]
It was formed as Verizon Business in January 2006 and relaunched as Verizon Enterprise Solutions on January 1, 2012. Verizon reorganized into three units in January 2019, which included Verizon Business Group.[2]
Verizon Business was created following Verizon's acquisition ofMCI Inc. in January 2006.[3] The division became Verizon Enterprise Solutions on January 1, 2012 and is based inBasking Ridge, New Jersey.[4][5] Verizon Enterprise Solutions is the division of Verizon Communications that manages Verizon's business and government clients. The division's network and services were available in more than 150 countries and it had employees in 75 countries in 2013.[4][6][7]
John Stratton led the division from January 2012 until April 2014 when Chris Formant was named president of the unit.[10][11]
Verizon reorganized into three distinct units starting in January 2019 Verizon Consumer Group, Verizon Business Group, and Verizon Media Group. When this was announced, it was also announced that Tami Erwin, then executive vice president of wireless operations, would lead Verizon Business.[2]
Erwin was replaced in July 2022 by Sowmyanarayan Sampath as CEO of Verizon Business. In March 2023, Kyle Malady replaced Sampath as CEO.[12][13]
The company providesPrivate IP services and networks, as well as managedWAN andLAN services,[15][14] among other networking services.[16][17] Verizon also operates a globalIP network that reaches 150 countries.[7] In January 2012, Verizon began its Private IP Wireless (LTE) service, which combines 4G LTE with Verizon’s MPLS IP VPN.[18]
In August 2011, Verizon purchased CloudSwitch.[22] CloudSwitch's software allowed Verizon to offer clients the ability to use their existing applications with cloud services.[23]
Verizon had afabric-based cloud infrastructure called Verizon Cloud, which was inbeta testing in 2013.[16][24] Verizon Cloud has two components: Verizon Cloud Compute and Verizon Cloud Storage.[20] Seven data centers support Verizon Cloud as of May 2014.[update][16][25]
As of April 2014, the company's Secure Cloud Interconnect (SCI) service allows enterprise customers to connect theirprivate IP to Verizon's cloud services, and other cloud platforms includingEquinix andMicrosoft.[16][26]
In December 2016 Verizon agreed to sell its US data centers business to Equinix Inc for 3.6 billion in cash. The deal includes 24 facilities across 15 metropolitan markets.[27]
Verizon acquired Hughes Telematics in June 2012, expanding the division's M2M capabilities, particularly intelematics, which deals with vehicletelecommunications and technology.[34]
After the acquisition, in March 2013, Verizon Enterprise Solutions began offering Networkfleet solutions, a service which tracks and analyzes data about commercial vehicle fleets to help customers optimize routes and manage their fleet vehicles and employees.[35]
Verizon provides security management services for its cloud and mobility products.[4][19][36] These include threat management tools and protection services, monitoring, analytics, incident response, and forensics investigations.[37][38] It also offersidentity and access management in both the United States and Europe.[39] In November 2013, Verizon Enterprise Solutions introduced Managed Certificate Services, which provide a cloud-based means for businesses to secure connections and data between various types of machines and devices.[40]
Additional items offered by Verizon Business include wired and wireless voice,[41]FiOS[42] and data and Internet services.[4] Mobility products offered include mobile workforce manager, mobile application management, and mobility pro services.[14]
