fbpx

Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Verizon Showcases 5G-United Robots At Barcelona Conference

By John F. Heerdink, Jr.

Telecom giant Verizon Communications, Inc. (VZ) showcased two robots on the stage of the Mobile World conference, stating that robots use 5G connectivity and mobile edge computing to communicate with each other, as per reports. Edge computing uses machine learning and augmented reality to analyze bulk data where it was gathered, it could be the factory floor, oil rig, or office space, and requires fast data transfers that only high-speed 5G signals can offer.

“When you have more than one robot on the floor, you run into a problem, as these are still just machines, and they can’t naturally communicate with one another,” stated Verizon’s Chief Strategy Officer Rima Qureshi at the event in Barcelona.

Smarter-connected robots are considered crucial to making areas such as factory floors efficient with automation, allowing remote monitoring, cutting costs, and the need for plant infrastructure. As part of the demo, Qureshi showcased one dog-like robot called Gigi – after 5G that walked stiffly on four legs, and a second boxy bot named Mekeal, that rolled in on traction wheels. Global 5G in the cloud is expected to reach $10.6 billion by 2028, growing at 79.2% annually, as per Research and Markets reports.

The company is also working on connected drones that can be deployed at locations suffering from natural disasters and controlled by a single operator from hundreds of miles away equipped with live video and thermal imagery.


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.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.

(Read Original Story: CORRECTED-Verizon shows off 5G-connected robots at Barcelona conference in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us