Lumen named a Leader in the 2021 Gartner Magic Quadrant for Network Services, Global

Rhea-AI Summary

Lumen Technologies (NYSE: LUMN) has been recognized as a Leader in the March 2021 Gartner Magic Quadrant for Network Services, Global. This accolade highlights Lumen's ability to execute and its comprehensive vision in network services, with advancements in their platform that supports businesses in the 4th Industrial Revolution. Key product offerings include Edge Cloud solutions, a digital buying experience for network and security services, and enhancements in SD-WAN. Lumen's adaptive network effectively met pandemic-related business demands, ensuring data security and continuity.

Positive

• Recognized as a Leader in the March 2021 Gartner Magic Quadrant for Network Services.
• Launched key products including Edge Cloud solutions and enhanced SD-WAN offerings.
• Successfully adapted network capabilities to meet increased global business demands during the pandemic.

Negative

• None.

DENVER, March 9, 2021 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), has been named a Leader in the March 2021 Gartner Magic Quadrant for Network Services, Global. The report evaluated network service providers on their ability to execute and their completeness of vision.

Read the March 2021 Gartner Magic Quadrant for Network Services, Global report: https://pages.lumentech.com/Gartner-Magic-Quadrant-Network-Services-LP.html

"We believe Lumen's recognition as a Leader in the Magic Quadrant report shows the industry recognizes our commitment to successfully lead our clients into the 4^th Industrial Revolution," said Shaun Andrews, chief marketing officer at Lumen Technologies. "We've built a platform, powered by network services, that provides the business solutions clients need to acquire, analyze and act on massive amounts of data. We won't remain static as a Leader; we're investing in that platform and will continue delivering new product and customer experience improvements."

Lumen delivered on its vision in 2020 to further human progress through technology with key products solutions on the Lumen platform. Those include:

• Lumen Edge Cloud solutions

• A self-service digital buying experience for network and security services – Lumen Hyper WAN and DDoS Hyper

• Virtualized network services – Adaptive Virtual Services

• An expansion of SD-WAN offerings

• Key enhancements to portal/API capabilities

Through its adaptive networking capabilities, Lumen also quickly and seamlessly met the new demands placed on global businesses during the early stages of the pandemic. Lumen's network immediately recognized the shift and leveraged existing capacity on the backbone network, rolling out enhanced work from anywhere solutions with built-in connected security  to protect customers' data and business continuity.

Additional Services:

• Read our Lumen Edge Compute announcement: https://news.lumen.com/2020-12-08-Enterprise-customers-can-tap-into-the-power-of-the-Lumen-platform-with-Lumen-R-Edge-Compute

• See our announcement about the Lumen digital buying experience: https://news.lumen.com/2020-10-19-Lumen-launches-new-digital-buying-experience

• Learn more about Lumen Adaptive Virtual Services: https://news.lumen.com/lumen-lede?item=896

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Lumen

Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 450,000 route fiber miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences.

Learn more about Lumen's network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies, LLC in the United States. Lumen Technologies, LLC is a wholly owned affiliate of CenturyLink, Inc. 

 

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SOURCE Lumen Technologies

FAQ

What does Lumen Technologies' recognition in the Gartner Magic Quadrant mean for LUMN stock?

Being named a Leader in the Gartner Magic Quadrant indicates Lumen Technologies is well-positioned in the network services sector, which could enhance investor confidence and potentially positively impact LUMN stock performance.

What key products did Lumen Technologies introduce in 2021?

In 2021, Lumen Technologies introduced several key products including Edge Cloud solutions, a self-service digital buying experience, and new SD-WAN offerings.

How did Lumen Technologies respond to pandemic demands?

Lumen Technologies adapted its network capabilities to meet increased business demands during the pandemic, providing enhanced security and continuity solutions.

When was Lumen Technologies recognized in the Gartner Magic Quadrant?

Lumen Technologies was recognized as a Leader in the March 2021 Gartner Magic Quadrant for Network Services.