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Carroll School of Management

John Stratton

President, Verizon Enterprise Solutions

Excerpt from remarks to Boston College’s Chief Executives’ Club of Boston 

October 24, 2012

TAKEAWAY: Anomalies in network behavior

We formed a new business unit called Verizon Enterprise Solutions January first of this year. This global IP backbone network became exponentially more important to me on that day. It’s my job to sell that network, and it’s really extraordinary. This network was part of our acquisition of the old MCI business in 2006. And you see some stats there on the slide, but what I would tell you is we have 500,000 miles of high-speed cables around the world, which would be enough to literally circle the globe more than 20 times.

But maybe another even more interesting way of expressing how big, how massive this network is, it’s referred to as the world’s most interconnected IP network, and I’ll tell you why that matters. Think about every single interaction that happens on the Web. Anywhere in the world. Today, over 70 percent of every interaction that happens across the Web, anywhere in the world, at some time, touches that network, which is pretty extraordinary. It enables for us some amazing things.

So we provide global services around the world, certainly core data and voice connectivity, but it enables us to build businesses like a cyber-security business. We do this in concert with the financial services industry, for example. Because of the nature of that network and its pervasiveness, we can actually see anomalies in network behavior before they’re seen at the local level. Things like cyber-security are enabled in a proactive way that allow[s]] us to protect computing systems for governments, banks, and others around the world. So a pretty impressive asset.