Verizon has made significant strides by becoming the only U.S.-based mobile carrier featured in the Leaders Quadrant of the Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services. This report, curated by Gartner, evaluates technology providers in the realm of private cellular network solutions—commonly referred to as “private LTE/5G.”
Gartner’s Magic Quadrants serve as a vital resource for organizations globally, assisting them in selecting the right provider tailored to their needs. The assessment focuses on offering dedicated 4G LTE or 5G infrastructures suitable for enclosed environments such as factories, warehouses, campuses, or industrial sites.
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The evaluation considers the Ability to Execute, which measures a vendor's operational performance, customer experience, sales execution, pricing, and services. In contrast, the Completeness of Vision assesses a provider's capacity to articulate insights about market trends, innovations, and customer demands.
Verizon's placement in this quadrant signifies strong vision coupled with proven execution, marking the highest accolade achievable for a vendor.
Jennifer Artley, SVP of 5G Acceleration at Verizon Business, stated, "Verizon has worked tirelessly to serve and advance the market for private wireless networks, and I feel this recognition from Gartner, together with the market response from our customers, is incredibly rewarding."
Artley emphasized that Verizon’s focus on customer satisfaction paired with its exceptional network-building capabilities are essential factors contributing to its leading position in the market.
Significance of Verizon's Leadership Status
This recognition underscores Verizon's dedication to innovation and a customer-first philosophy. Achieving a top rank in this assessment not only highlights Verizon's strengths in the burgeoning 4G and 5G private network sector, but also solidifies its commitment to meet current and future business requirements.
Verizon's place in the Leaders Quadrant uniquely positions it within the industry, showcasing its ability to effectively deliver tailored solutions for businesses while demonstrating a roadmap for sustained innovation and growth.