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Verizon, Qualcomm team on IoT initiative

Verizon, Qualcomm team on IoT initiative

Business news |
By Rich Pell



The initiative also utilizes Verizon’s leading 4G LTE network as the gateway for simplifying the process of building, deploying and managing IoT applications customized for a wide-range of use cases. The companies announced their IoT collaboration at the start of CTIA Super Mobility 2016 in Las Vegas and expect that the ThingSpace IoT platform will be available for OEM integration on MDM9206-based solutions in early 2017.

Historically, the cost to connect IoT devices to the LTE wide area network has been higher than linking to other technologies like Wi-Fi, Bluetooth, Zwave or ZigBee. Verizon and Qualcomm Technologies have a strong track record of working with companies to embed LTE chipsets in connected devices, making it faster to deploy IoT devices on 4G LTE. Through this collaboration, the companies are now on a path to make the opportunity-cost of connecting intelligent devices on 4G LTE more compelling by using Category M1 as the new standard – all with LTE’s superior security, reliability and reach.

“When it comes to the Internet of Things, no single company can go at it alone in order to scale from the millions of devices to the billions of devices needed to create cleaner cities, deliver better healthcare, conserve water and make the digital world work better for consumers and citizens,” said Mike Lanman, senior vice president Enterprise Products and IoT at Verizon. “Simplicity is a necessary starting point and working across the ecosystem – at the network, platform and application levels – is also needed in order to capture the real market opportunity of the Internet of Things.”

“Wireless technologies, including LTE and 5G in the future, are rapidly evolving to deliver a scalable, unified and interoperable connectivity platform for the Internet of Things,” said Raj Talluri, senior vice president, product management, Qualcomm Technologies, Inc. “Our LTE modems bring not only connectivity but also compute capabilities to all kinds of IoT devices, helping leading operators such as Verizon extend their business models into promising new areas including smart energy and metering, building security, infrastructure, industrial control and automation, retail point of sale and asset tracking.”

www.qualcomm.com
www.verizon.com

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