Verizon Enterprise Solutions announced a new option for achieving simpler, more centralized billing; better cost control; and lower capital expenses for its Virtual Network Services that was introduced last year.
It offers single line-item, ‘pay-as-you-go’ pricing and billing for hardware, software and management services, as well as an option for centralized contracting and billing.
Verizon's Virtual Network Services operates on a utility-based contracting and billing model, providing network functions in an “as-a-service” fashion, without the associated device or vendor lock-ins. This simplifies the complexity of implementing, managing and maintaining multi-vendor hardware and software solutions; reduces the barrier to entry; and offers the flexibility to change vendors and functionality as the needs of a business dictate.
Verizon also bundles universal customer premise equipment (uCPE) into the commercial pricing and billing model as another of the many bottom line business benefits that come from network virtualization.
Vickie Lonker, VP of Network and Virtual Solutions, Verizon
With Virtual Network Services – One, enterprises can now wrap all of their virtualized network into an operating expense software licensing model without needing to pay for hardware separately.
Ghassan Abdo, Research VP, IDC
It simplifies the pricing and billing model, and makes their network systems easier to manage and potentially improved total cost of ownership.
