Cloud Computing Places IT Firmly in Control, Says Verizon 'State of the Market: Enterprise Cloud 2014' Report

NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Sixty-five percent of enterprises are now using cloud technology, services and solutions as part of their IT infrastructure, according to Verizon Enterprise Solutions' "State of the Market: Enterprise Cloud 2014" report. In addition, IT -- specifically the CIO/CTO -- controls more than 80 percent of total cloud spend within the organization. The CIO/CTO personally oversees more than half (62 percent) of cloud purchases.

To read the complete announcement, "IT Regaining Control of Cloud, Says Verizon 'State of the Market: Enterprise Cloud 2104' Report," visit the Verizon Enterprise Solutions news center.

Verizon's second annual report provides original data and analysis of cloud usage within the enterprise and its impact on the IT organization and business at large. It is the only report combining internal data from one of the industry's most experienced cloud services providers, with data and insight from third-party analyst and research firms. It presents both a snapshot of current cloud trends, along with analysis and predictions on the future of cloud in the enterprise.

The Verizon "State of the Market: Enterprise Cloud 2014" report is available for download at cloud.verizon.com/enterprise-cloud-report, and information on Verizon Enterprise Solutions' portfolio of cloud, data center and related offerings can be found at cloud.verizon.com.

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation. Visit www.verizonenterprise.com to learn more.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 106 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 178,500. For more information, visit www.verizon.com/news/.

VERIZON ENTERPRISE SOLUTIONS ONLINE NEWS CENTER: News releases, blog posts, media contacts and other information are available in Verizon Enterprise Solutions' online News Center at http://www.verizonenterprise.com/about/news. News from Verizon Enterprise Solutions is also available through an RSS feed at http://www.verizonenterprise.com/rss-options/.

SOURCE Verizon

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http://www.verizon.com

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