Reportedly, Verizon Communications, Inc. (VZ) and Amazon (AMZN) are preparing to enhance 5G Edge Cloud Computing with their partnership focussing to bring the processing power and storage closer to 5G users and wireless devices and allowing businesses to download data from the cloud at speeds that are much faster than a typical 4G network.
Verizon is gearing to make itself the first in the world to offer 5G network edge computing with AWS Wavelength, its Business Group CEO, Tami Erwin stated “As we think about cloud computing and the power of AI, big data storage, and all of the analytics that happen in cloud computing, to be able to take that from centrally managed down to a local, edge compute capability, and to have to power of 5G low-latency, gives us access to applications we haven’t had in the past. You begin to think about smart factories, smart cities, smart communities, changing retail, real-time health-care applications; it really changes everything about how enterprises will use information to deliver a very differentiated experience to their consumers. Verizon has taken a very strong position that says for us to enable the solutions that 5G can enable, we need to partner with others to really drive innovation in the marketplace,” , “I can’t imagine a better partner than Amazon as we think about opening up the platform of the Mobile Edge Compute to millions of developers around the world to develop solutions and applications.”
Previously, Verizon made several strategic partnerships to roll out its 5G network, including deals with Disney (DIS) and The New York Times.
Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ) and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.
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