Verizon Digital Media Services, a division of
Verizon Communications Inc.
), is now offering integrated infrastructure solution to e-commerce
website owners. The e-commerce solution includes selected products
comprising acceleration, security, edge intelligence and device
We believe the addition of such new enterprise services will
enable the company to fortify its presence in the emerging
enterprise business and pave way for growth beyond the conventional
already-saturated mobile services.
The core product is based on Verizon Transact, a global
PCI-certified acceleration network for e-commerce customers, which
partitioned from the global Internet, shields e-commerce websites
from traffic and security hazards that impact the web.
In addition, the new infrastructure solution, which offers
various services in a bundled package, also comes as an economic
option for customers, compared to individually buying each product
included in the package .
Apart from seeking organic growth through development of new
products, Verizon has also been treading the inorganic path. The
company entered into an agreement with
) in Jan 2014, to acquire the assets of Intel Media, a unit of
Intel that offers Cloud TV products and services.
Further, to support growth in Digital Media Services, Verizon
expects to aggressively promote key platforms like cloud, security,
machine-to-machine and video delivery services. Additionally, the
company seeks to strengthen its strategic services with the
development of a new cloud services product suite.
Further, the launch of a mobile healthcare platform and targeted
acquisitions are expected to enhance its capabilities in mobile
video delivery, enhancing the competitive position of the company
against rivals like
At present, Verizon has a Zacks Rank #3 (Hold).
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