VZ Verizon Communications Inc.

Verizon Teams with Microsoft to Offer Private 5G Mobile Edge Computing

Verizon Teams with Microsoft to Offer Private 5G Mobile Edge Computing

What you need to know:

  • Combining Verizon’s on-site 5G Edge network capabilities with Microsoft Azure can bring more computing power even closer to end customers, allowing businesses to create extremely low lag experiences



  • Ice Mobility is already using 5G and mobile edge computing (MEC) to help with quality control in their pick and pack process by using computer vision to drive efficiencies

NEW YORK and REDMOND, Wash., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Verizon is joining forces with Microsoft Corp. to create new ways for enterprises to accelerate the delivery of fast and secure 5G applications, benefiting from reliable and low latency connections. Verizon’s on-site 5G Edge network integrated with Azure edge services can enable ultra-low latency, many times faster than the blink of an eye, which can help businesses tap into real-time data analysis and delivery.

Applications incorporating computer vision, augmented, mixed and virtual reality, digital twins or machine learning can be enhanced with 5G and MEC on the customer premise, helping transform the way industries such as retail, transportation, and logistics operate: Think of automated high-precision asset localization, tracking and positioning in manufacturing. In healthcare, the increased speed, reduced latency and high bandwidth connectivity of 5G networks could enable real-time precision medicine leveraging mixed reality and AI capabilities as well as seamless and fast sharing of large files to improve patient care.

The collaboration brings Azure cloud and edge capabilities together with Verizon’s on-site 5G Edge, a mobile edge computing platform designed to enable developers to build applications for mobile end-users and wireless edge devices with ultra-low latency. By providing on-site private 5G, businesses will realize increased power efficiencies and reduced costs of end user devices, while helping to address their privacy and security needs.

“We have built a network that provides real-world, 5G-enabled solutions TODAY,” said Rima Qureshi, EVP and Chief Strategy Officer at Verizon. “By bringing together Verizon’s 5G network and on-site 5G Edge platform with Microsoft’s expertise in cloud services, we will enable the development of the next generation technologies everyone has been envisioning.”

Logistics and supply chain solutions company is already testing on Verizon’s on-site 5G Edge platform, integrated with Microsoft Azure. The company is using 5G and MEC to help with computer vision assisted product packing. By gathering data in near real-time on product packing errors, the company has the potential to improve on-site quality assurance and save 15% to 30% in processing time.

“We are especially excited to join Verizon and Microsoft to test how 5G and MEC can improve the quality assurance process,” said Mike Mohr, CEO of Ice Mobility. “They truly have listened to our needs to provide automated real-time quality oversight and feedback, which will enable us to cost-effectively launch unique new products, while maintaining the highest execution standards, significantly increasing throughput and reducing costs. And, this is just the beginning.”

“By leveraging Verizon’s 5G network integrated with Microsoft’s cloud and edge capabilities, developers and businesses can benefit from fast, secure and reliable connections to deliver seamless digital experiences from massive industrial IoT workloads to precision medicine,” said Yousef Khalidi, corporate vice president Azure for Operators at Microsoft.

Moving forward, Verizon will explore opportunities to co-innovate with Microsoft to deliver new value to industries ranging from manufacturing to healthcare.

Verizon’s 5G Ultra Wideband network enables throughput at least 25 times faster than today’s 4G networks*; delivers ultra-low latency; and offers very high bandwidth. Verizon 5G Ultra Wideband is expected to eventually enable 100 times larger data volumes than 4G; and the ability to connect more than a million devices per kilometer. Verizon’s 5G Ultra Wideband service is available to people in 55 cities and its 5G Nationwide service is available to more than 200 million people in more than 1,800 cities around the US.

Learn more information about , and explore how .

View the Ice Mobility video .

About Verizon

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at . News releases are also available through an RSS feed. To subscribe, visit .

* Source: Based on analysis by Ookla® of Speedtest Intelligence® data median download speeds from Verizon 5G results compared to the median 4G LTE speeds of top U.S. carriers combined in Q3 2020. Ookla trademarks used under license and reprinted with permission.

About Microsoft:

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Media Contacts:

Chris Ashraf (Verizon)



201.320.4259

Twitter: @ChrisMoonPR

Microsoft Media Relations

WE Communications for Microsoft

(425) 638-7777

 

EN
19/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Verizon Communications Inc.

Verizon Communications Inc: 1 director

A director at Verizon Communications Inc sold 9,579 shares at 44.880USD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...

Blair Levin
  • Blair Levin

T Threats Limited in Senate FirstNet Hearing; House Hearing This Week

In a legislative battle pitting the interests of T v. VZ and TMUS, the Senate held a hearing last week on the reauthorization of the FirstNet Authority (FNA), with the House holding another one this coming Wednesday. In this note, we analyze the first hearing as well as a draft House bill with an eye toward whether the upcoming Congressional action is likely to change the current economics of public safety communications for T, VZ, and TMUS.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

David Barden
  • David Barden

VZ Quick Hit: Sampath out?

According to an article out this morning from the FT, Verizon has contacted potential replacements for its CEO of Consumer Sampath. The news is a surprise given his 'heir apparent' status and the short duration of now-CEO Dan Schulman's existing contract. Our view is that even more change, and therefore uncertainty, in the wireless industry C-suite is not a positive for the sector. Verizon has a lot of wood to chop to make good on ambitious '26E guidance and introduce a new 'value proposition' i...

David Barden
  • David Barden

Verizon 4Q25 Quick Take: Not kidding around with the ‘Dan Plan’

It’s all about the future. The Verizon 4Q results press release was nearly 50% above guidance for 2026E and about how much better this coming year will be than in recent years past. 4Q was objectively not great as VZ invested to win stronger than expected post-paid phone net adds and ‘transform’ the company to a customer-centric model which can sustain subscriber growth at current prices.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch