ST. LOUIS, July 9, 2009 – Savvis, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services, today announced that industry analyst firm Gartner, Inc., has positioned Savvis in the leaders quadrant in the Magic Quadrant for Web Hosting and Hosted Cloud System Infrastructure Services (On-Demand). The report was published on July 2, 2009, and authored by Gartner analysts Ted Chamberlin and Lydia Leong. It can be accessed at www.savvis.net/magicquadrantleader compliments of Savvis.
According to Gartner, vendors listed in the leaders quadrant, “Have proven they have staying power in this market, can frequently innovate upon their existing products, and can be relied on for enterprise hosting needs. They have proven their technical competence and ability to deliver services to a wide range of customers.”
The Gartner Magic Quadrant is widely recognized as one of the most influential reports for enterprises seeking to evaluate hosting vendors. Its evaluation is based on completeness of vision, including market understanding, product strategy and innovation, among other criteria. The Magic Quadrant also assesses ability to execute, which includes operations and overall viability, among other criteria.
“Today's news is an important affirmation, in my opinion, of Savvis' strategy for enabling customers to derive maximum value from their spend on IT Infrastructure and our ability to deliver solid service to our installed base,” said Bill Fathers, Savvis’ senior vice president and managing director, U.S. “Going forward, we remain focused on providing our global enterprise customer base with a full spectrum of secure hosting and IT infrastructure services. These start with simple colocation hosting services and progress up through managed hosting and into virtualized and cloud solutions delivered through our global service delivery footprint.”
Market demand for cloud services is growing rapidly. Gartner estimates the current market for cloud services will grow from $46.4 billion in 2009 and reach $150.1 billion in 2013. This is according to Gartner’s Forecast: Sizing the Cloud; Understanding the Opportunities in Cloud Services, published March 18, 2009.
In the past year, Savvis has expanded its enterprise offerings to include software as a service and cloud solutions. The company has also completed its global data center expansion and continues to focus on the delivery of hosting and IT infrastructure solutions, as enterprise customers look to outsourcing providers in an effort to save costs and gain IT efficiencies. Savvis currently operates 28 data centers globally encompassing approximately 1.4 million square feet of high-quality space designed to support enterprise IT operations.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 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.
Savvis, Inc. (NASDAQ:SVVS) is an outsourcing provider of managed computing and network infrastructure for IT applications. By outsourcing to Savvis, enterprises can focus on their core business while Savvis ensures the quality of their IT infrastructure. Leading IT organizations around the world have selected Savvis to help them improve their service levels, reduce capital expense and deal with the rising costs of bandwidth, energy, real estate, staff and expertise. As a pioneer in utility computing, Savvis understands and harnesses the latest advances in technology like virtualization, cloud computing and support process automation. For more information about Savvis, visit www.savvis.net.
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 adversely affect actual results are set forth as risk factors described in Savvis’ SEC reports and filings, including its annual report on Form 10-K for the year ended December 31, 2007, and subsequent filings. Subsequent events and developments may cause the company’s forward-looking statements to change, and the company will not undertake efforts to revise those forward-looking statements to reflect events after this date.
Peggy Reilly Tharp