About the author(s):
Tami Erwin is president of Verizon Business Group.
First, it’s important to understand that not all 5G is the same. A true 5G network can deliver on the eight currencies – throughput, service deployment, mobility, connected devices, energy efficiency, data volume, latency and reliability. This is not something that’s accomplished by changing the icon on a smartphone display. It takes years of deliberate planning, testing and innovation.
Second, businesses and government agencies need to understand that the work to build the next great technology services powered by 5G is just getting started. Our goal is to accelerate that process, and that’s why we opened 5G Labs to support entrepreneurs and innovators as they build the 5G applications that will change our world. This desire to lead the industry and our business and government clients as they explore 5G is the motivating factor behind our sponsorship of 5G development challenges focused on education, public safety, robotics, “real-time enterprise” and other critical areas where 5G can impact lives today and tomorrow.
Finally, we’re architecting our 5G network to serve multiple purposes – supporting mobile and fixed broadband connections, and businesses and consumers with the same network. 5G and network virtualization (using software to perform network functions) enables service and application deployment without having to install additional hardware. Much faster deployment times will allow us to roll out new features and security improvements quickly to address the dynamic needs of the real-time enterprise.
See the full story here: https://www.verizon.com/about/news/verizon-will-lead-5g-business