Strategic tie-ups and Other Updates - Report on Verizon Communications Inc.
NEW YORK, September 18, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on Verizon Communications Inc. (NYSE: VZ). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.
Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/reports?keyword=VZ
Highlights from our VZ Report include:
- Verizon collaborates with Mesosphere - As data services are changing the way businesses are done, Verizon is adopting latest tools and technologies to provide best-in-class services to its customers. In a press release dated August 21, 2015, Verizon Communications Inc. reported that the Company will start using Mesosphere's Datacenter Operating System (DCOS) by the end of the this year to meet increasing data center demands. According to the Company, this move will bring in significant improvements in automation, scalability and efficiency when deploying applications, services and big data infrastructure.
- Synergies of the Mesosphere DCOS - Based on the open source cluster manager - Apache Mesos, Mesosphere DCOS will enable Verizon to accelerate deployment of new products and services for a wide range of products and services including connected devices and machines, video services, Internet services, storage and mobile applications, as well as big data and analytics. Additionally, Mesosphere DCOS platform will allow Verizon Labs developers to operate the entire data center as a single cohesive entity, providing the flexibility to scale services up and down to handle the dynamic needs of millions of customers. Further, the release highlighted that with a single DCOS interface, Verizon Labs teams can create rules and complex scripts, enabling an unprecedented level of automation throughout the data center. As DCOS incorporates an elastic and highly scalable means to reduce up to 90% of the number of deployment cycles required to deploy new applications, new services can be scaled up quickly using existing capacity and without manual configuration of resources.
- Management opinion- Commenting upon upgrading Company's data center service operations, Kumar Vishwanathan, VP and Chief technologist for Verizon Labs, stated, "Verizon is committed to unleashing the full potential of open source, data center cluster technology and cloud applications for the highest possible customer experience. Mesosphere DCOS gives Verizon the foundation to create far-reaching benefits by increasing our ability to quickly launch new products and services while reducing the IT requirements in our data centers."
- Other Corporate Update - In another press release dated, August 11, 2015, Verizon reported that it has completed its test on superfast 10 gigabit internet service using newest optical technology. The Company informed that in the future the new technology could provide businesses and consumers with upload and download Internet speeds of up to 10 gigabits per second (Gbps), and the potential to increase this speed even further. According to the Company, upgradation work on the fiber-to-the-premises (FTTP) network will commence on the availability of commercial equipment to support business services such as switched Ethernet services.
To find out how this influences our rating on Verizon Communications Inc., read the full report in its entirety here: http://www.aciassociation.com/reports?keyword=VZ
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