Monday, 20 July 2020 07:42

Verizon, IBM collaborate on 5G, AI solutions at Enterprise Edge

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The business division of US telecommunications giant Verizon and IBM are collaborating to work together on 5G and edge computing “innovation” they say will help enable the future of Industry 4.0.

The companies have announced they plan to combine the high speed and low latency of Verizon’s 5G and Multi-access Edge Compute (MEC) capabilities, IoT devices and sensors at the edge, and IBM’s expertise in AI, hybrid multicloud, edge computing, asset management and connected operations.

According to the two companies, many industrial enterprises are today seeking ways to use edge computing to accelerate access to near real-time, actionable insights into operations to improve productivity and reduce costs - and to address this need, the first solutions planned from the collaboration are to be mobile asset tracking and management solutions to help enterprises improve operations, optimise production quality, and help clients enhance worker safety.

For these initial solutions, the two companies say they plan to leverage Verizon’s wireless networks, including Verizon’s 5G Ultra Wideband (UWB) network, and Multi-access Edge Computing (MEC) capabilities, alongside Verizon’s ThingSpace IoT Platform and Critical Asset Sensor solution (CAS).

“These will be jointly offered with IBM’s market-leading Maximo Monitor with IBM Watson and advanced analytics. The combined solutions could help clients detect, locate, diagnose and respond to system anomalies, monitor asset health and help predict failures in near real-time,” the two companies said in a statement.

IBM and Verizon are also working on potential combined solutions for 5G and MEC-enabled use cases such as near real-time cognitive automation for the industrial environment.

“Edge computing’s decentralised architecture brings technology resources closer to where data is generated — i.e., where devices are located in an industrial site — this can help decrease lags in response time and increase processing speeds and reliability,” Verizon and IBM said.

“5G’s low latency, high download speeds and capacity can increase the number of devices that can be supported within the same geographic area, and the ability for organisations to interact with those devices in near real-time, with computing power in the proximity of the device. This could mean that innovative new applications such as remote control robotics, near real-time cognitive video analysis and plant automation may now be possible.”

“The industrial sector is undergoing unprecedented transformation as companies begin to return to full-scale operations, aided by new technology to help reduce costs and increase productivity,” said Bob Lord, Senior Vice President, Cognitive Applications, Blockchain and Ecosystems, IBM.

“Through this collaboration, we plan to build upon our long-standing relationship with Verizon to help industrial enterprises capitalize on joint solutions that are designed to be multicloud ready, secured and scalable, from the data center all the way out to the enterprise edge.”

“This collaboration is all about enabling the future of industry in the Fourth Industrial Revolution,” said Tami Erwin, chief executive, Verizon Business.

"Combining the high speed and low latency of Verizon’s 5G UWB Network and MEC capabilities with IBM’s expertise in enterprise-grade AI and production automation can provide industrial innovation on a massive scale and can help companies increase automation, minimize waste, lower costs, and offer their own clients a better response time and customer experience.”

Verizon and IBM also announced that they plan to collaborate on potential joint solutions to address worker safety, predictive maintenance, product quality and production automation.


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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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