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Recognised as a Leader for Global WAN Services
MUMBAI, India, April 30, 2024 /PRNewswire/ -- Tata Communications, the global commtech (communications technology) player, proudly announces that it has been recognised as a Leader in the 2024 Gartner® Magic Quadrant™ for Global WAN Services for the 11th consecutive year. The evaluation from Gartner was based on specific criteria that analysed the company's overall Completeness of Vision and Ability to Execute.
During the course of the year, to enable global enterprises to become more resilient and future-ready, Tata Communications empowered them to deliver elevated customer experiences — through enhanced network performance, flexibility and availability. It also introduced new and innovative solutions like IZO™ Multi Cloud Connect and a 'zero-base bandwidth' option for WAN links. Furthermore, it provided enterprises with the fastest and flexible ways to modernise their network with Cloud-Connect enabled, 'Bandwidth-on-Demand' offering speed, convenience and cost efficiency on a pay-as-you-go model. Finally, Tata Communications further strengthened its internet services with proactive security at both enterprise and branch levels.
"We appreciate this recognition by Gartner for the eleventh consecutive year and remain focussed to deliver 'future ready' networks for delightful customer experiences. As the pace of innovation accelerates towards the next generation of connectivity, we will continue to provide flexible network options that serve a diverse spectrum of business requirements," said Genius Wong, Executive Vice President – Core and Next-Gen Connectivity Services & Chief Technology Officer, Tata Communications. Adding, "Tata Communications leverages its investments in innovation, contextual knowledge, and expertise in next-gen technologies to develop a digital fabric of solutions which helps our customers realise their aspirations."
As per the report, providers in the Leaders quadrant are performing well and maintaining a stable organisation, with a clear vision of market direction. They deliver comprehensive portfolios of quality network services across the broadest geographies and address the global networking needs of a broad range of enterprises in terms of size, geographic distribution and vertical industry. Leaders shape the direction of the market by extending their coverage, developing new class-leading capabilities and commercial models, and deploying them at scale. According to Gartner, Leaders execute well against their current vision and are well positioned for tomorrow.
Gartner Disclaimer
Gartner Magic Quadrant for Global WAN Services, Danellie Young, Bjarne Munch, Karen Brown, Lisa Pierce, Gaspar Valdivia, 15 April 2024
The report was published as Magic Quadrant for Network Services, Global from 2015-23 and as Magic Quadrant for Global Network Service Providers from 2012-14.
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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.
© 2024 Tata Communications Ltd. All rights reserved.
TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.
