Will Verizon become a more significant player in the enterprise cloud market? At least one analyst thinks so, now that the carrier has unveiled its new enterprise cloud.
The Verizon Cloud service, announced late last week, is designed to allow convenient online provisioning and deployment of virtual machines, network and storage configurations. More flexible offerings will attract small and midsize enterprises that could expand the market for public clouds.
Verizon says this new cloud infrastructure-as-a-service (IaaS) platform and cloud-based storage service will fundamentally change how public clouds are built.
"With more flexible offerings, improving performance and more competitive pricing, we believe the new service will enable the company to become a more formidable competitor in the enterprise cloud market," said Canaccord Genuity analyst Greg Miller. “We believe that a successful launch of Verizon Cloud will help drive the recovery of enterprise revenue growth in 2014 and possibly pressure competitors in the space.”
The public beta for Verizon Cloud is expected to launch this quarter.