Named a Leader in 2022 Gartner® Magic Quadrant™ for Network Services, Global
MUMBAI, India, March 2, 2022 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, continues to be recognised as a 'Leader' by Gartner Magic Quadrant, for Network Services, Global, for the ninth year consecutively. The Gartner Magic Quadrant assessed Tata Communications on completeness of vision and ability to execute.
"We are happy to have lived up to our customers expectations and proactively help manage their emerging needs especially in these times," said, Genius Wong, Chief Technology Officer, Tata Communications. "We humbly accept the recognition of a Leader for the ninth year in a row. Over the last year, we have made huge strides in developing solutions befitting the future needs of enterprises' global success, through constant progress, resilience and innovation. Our Tier-1 global network has been the network-of-choice for enabling businesses deliver value to their stakeholders with agility and seamless connectivity for all their solutions across managed services, hybrid WAN or multi-vendor platforms. We remain committed and focused on delivering superior customer experiences, and are grateful to our customers and partners for their trust, in us and our network."
During the course of the year, Tata Communications has made enhancements to the network, enabling enterprises become more resilient and secure for future contingencies by providing:-
According to the report, Gartner, Magic Quadrant for Network Services, Global, Neil Rickard, Bjarne Munch, Danellie Young, Karen Brown, 21 February 2022, "Most global network service providers are continuing to move toward a more platform-based approach using a software-driven, as-a-service model, with increasing levels of visibility and self-service via portals and APIs". Gartner further says, "Gartner continues to observe changes in enterprise requirements and buying criteria for global networks. The COVID-19 pandemic has highlighted the true value of agility for enterprise networks, as enterprises have had to rapidly change working practices, accelerate digital and cloud transformations, and cope with rapidly changing business circumstances. Organizations adopting flexible networking technologies (such as NOD) and flexible sourcing approaches (such as bring your own [BYO] access) have been much better able to support the rapid accommodation of new endpoints and new applications (including cloud services and IoT), and have done so while controlling their WAN expenditure."
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About Tata Communications
A part of the Tata Group, Tata Communications (NSE: TATACOMM) (BSE: 500483) is a global digital ecosystem enabler powering today's fast-growing digital economy in more than 190 countries and territories. Leading with trust, it enables digital transformation of enterprises globally with collaboration and connected solutions, core and next gen connectivity, cloud hosting and security solutions and media services. 300 of the Fortune 500 companies are its customers and the company connects businesses to 80% of the world's cloud giants. For more information, please visit www.tatacommunications.com
Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications' expected financial position, business strategy, the future development of Tata Communications' operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications' network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company's communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications' industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications' control, include, but are not limited to, those risk factors discussed in Tata Communications Limited's Annual Reports.
The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
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