Enterprises in these regions can soon tap on any number of private 5G global platforms that are rushing to market.
In addition to ultra-low latency and increased speed, a key benefit of a 5G network is the ability for businesses, particularly those with manufacturing, distribution and logistics facilities, to deploy a customized on-site mobile network, eliminating the need to transmit data through public networks.
This key benefit of a private 5G network can be deployed as an industrial-grade capability in any physical premises globally. Kicking off it partnership with Nokia, Verizon Business has announced its international private 5G platform for Europe and the Asia Pacific region (APAC).
A private 5G network is a self-contained network whose components all reside in a single facility, consisting of micro towers and small cells that connect to an organization’s local area network and enterprise applications. The private network utilizes Nokia’s private wireless network solution with automation enablers that will allow for application deployment through a web-based interface.
Said Tami Erwin, CEO, Verizon Business: “If the past few months have taught us anything, it’s that there’s never been a more critical time for mobility, broadband and cloud products and services. Private 5G networks will be a transformative technology that will drive the new era of disruption and innovation for enterprises around the world.”
Powering wireless digitalization
According to Brian R. Fitzgerald, SVP Global Solutions, Nokia: “Private wireless connectivity has become central to many industries in realizing their long-term digital transformation goals. By delivering private 5G together with Verizon, we’re paving the way to accelerate digitalization for the most demanding industries who crave reliable wireless connectivity.
Fresh from involvement in establishing 5G roaming service in South Korea and successful completion of lab trials with Corning and Samsung on new 5G mmWave in-building solutions, Verizon’s launch of private 5G will also enable its subsidiary Verizon Media to deliver next-generation content creation, production and distribution technologies at scale and in real-time to global audiences for customers.
According to Martina Kurth, Associate Vice President, European Telco Research, IDC: “We’re seeing international markets moving rapidly to deploy 5G Private Networks, which appears as a major use case for the uptake of 5G, particularly in order to capitalize on 5G investments in the enterprise market.”
The Verizon-Nokia announcement follows recent mobile-edge computing partnerships by Microsoft, Cisco, IBM and AWS.