Comcast Business Announces New Unit Targeting Fortune 1000 Enterprises

September 16, 2015
in Category: Business
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Comcast Business Announces New Unit Targeting Fortune 1000 Enterprises


PHILADELPHIA, Sep 16, 2015 (BUSINESS WIRE) — Comcast Business today announced the creation of a new Enterprise Services unit that will target Fortune 1000 companies and other large enterprises that have multiple locations nationwide. This new enterprise-level service and delivery organization will offer a portfolio of managed enterprise solutions that includes Broadband, Ethernet, Voice, Router, Security, Business Continuity and Wi-Fi. The company also acquired a managed services company and has signed network agreements with other cable operators to further support national accounts.

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Comcast Business has already signed large customers from multiple industries, including financial services firms, banks, hospitality chains and retailers. Technology industry veteran Glenn Katz, formerly the CEO of SpaceNet Inc., will lead the new group within Comcast Business.
“We’re committed to expanding and enhancing our offerings for businesses of all sizes, and having the expertise, tools and portfolio in place to deliver customized service packages to nationwide enterprises is a key part of our growth strategy,” said Bill Stemper, president of Comcast Business. “Large companies need a provider who can help them manage complex networks, develop business continuity plans and integrate cloud-based applications. Our entry into this segment of the market will introduce new innovation and choice.”

Comcast’s Enterprise Services team will design, build, implement and manage customized communications networks for large enterprise customers who need managed Broadband, Ethernet, Voice, Router, Business Continuity and Wi-Fi services in locations across the country. The new product portfolio will be branded “Managed Enterprise Solutions.”

According to IDC, a Framingham, MA-based IT industry analyst firm, the U.S. market for managed services is expected to increase from $29 billion in 2014 to $52 billion in 2019.

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