Verizon and IBM work on 5G and edge computing

Verizon Business and IBM are collaborating on 5G and edge computing innovation to help enable the future of Industry 4.0. The companies 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.

“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 longstanding 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, CEO, 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.”