ST. LOUIS, MO, - Furthering its evolution into one of the world's largest IP computing services providers, SAVVIS Communications (NASDAQ: SVVS) today announced that industry analyst group Gartner, Inc. has listed it in the "Leader" quadrant in the new Gartner North American Web Hosting Magic Quadrant, published October 5, 2004, and authored by Gartner analysts Ted Chamberlin and Lydia Leong. According to Gartner, vendors listed in the leader's quadrant are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.
The Gartner Magic Quadrant is widely recognized as one of the most influential benchmarks for enterprises seeking to evaluate hosting services. It evaluates vendors according to financial health and completeness of vision - including product line breadth and functionality, successful implementations and the ability to meet customer requirements now and in the future - as well as the ability to execute, which includes service and support, among other criteria. This important new research can be accessed from SAVVIS' website, .
Although SAVVIS developed a reputation as an innovative and reliable network and hosting provider, the company has been expanding rapidly and has now virtualized its core offerings to encompass every piece of the IT infrastructure - network, hosting, voice, data, storage, and compute - into a broad suite of pay-as-you-go managed utility services. These enable businesses to become more agile by easily and quickly scaling their IT infrastructure up or down as business needs change. SAVVIS' virtualized approach and utility model drastically reduces capital expenditure and is already proven to reduce annual IT costs by as much as 50% over conventional models.
Leveraging more than 10 years of development, SAVVIS' virtualized platform enables customers to dynamically allocate the resources of massive, carrier-grade super servers, utility storage, and firewalls. Load balancers and resources can be automatically and regularly optimized for each client. This allows customers to only pay for the services that they use. Additionally, these on-demand services require no up-front capital expense and can provide tailored service levels to match the unique needs of each application. As a result, the platform increases a company's flexibility and agility, making it possible to add new applications, increase server and storage, and expand the network in less time than conventional alternatives.
SAVVIS Communications (NASDAQ: SVVS) is a global IT utility services provider that leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. SAVVIS' strategic approach combines the use of virtualization technology, a utility services model, and automated software management and provisioning systems. SAVVIS solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT infrastructure. With an IT services platform that extends to 45 countries, SAVVIS is one of the worlds' largest providers of IP computing services. For more information about SAVVIS, visit: .
The Magic Quadrant is copyrighted _5 October 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from SAVVIS' expectations. Certain factors that could affect actual results are set forth as risk factors in SAVVIS' SEC reports and filings, including its annual report on Form 10-K for the year ended December 31, 2003, as filed with the Securities and Exchange Commission on February 24, 2004, and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.
Carter B. Cromley
Ricochet Public Relations