Cloud drives business transformation, says Verizon 2016 State of the Market: Enterprise Cloud report

BASKING RIDGE, N.J., Nov. 9, 2015 /PRNewswire/ -- Sixty-nine percent of enterprises say cloud has enabled them to re-engineer one or more of their business processes, according to Verizon Enterprise Solutions' 2016 State of the Market: Enterprise Cloud report. In addition, enterprises report moving mission-critical workloads to the cloud improves business operations – 88 percent say it improves responsiveness to business needs, 65 percent say it improves overall operations.

To read the complete announcement, "Cloud is Changing How Business Gets Done – Verizon 2016 State of the Market: Enterprise Cloud Report," visit Verizon Enterprise Solutions' News & Insights.

Verizon's third 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.

Verizon's 2016 State of the Market: Enterprise Cloud report is available for download at www.verizonenterprise.com/cloudreport2016, and information on Verizon Enterprise Solutions' cloud and data center portfolio can be found at  www.verizonenterprise.com/products/cloud-it-infrastructure-services/.

Verizon Enterprise Solutions helps clients improve customer experience, drive growth and business performance and manage risk. With industry-specific solutions provided over the company's secure mobility, cloud, strategic networking, Internet of Things 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.

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of 177,900 and generated more than $127 billion in 2014 revenues. Verizon Wireless operates America's most reliable wireless network, with 110.8 million retail connections nationwide. Headquartered in New York, Verizon also provides communications and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers worldwide. For more information, visit www.verizon.com/news/.

Verizon Enterprise Online News Room: News releases, blog posts, media contacts and other information are available at Verizon Enterprise Solutions News & Insights (news.verizonenterprise.com). 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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