Verizon in October announced agreements with software major Microsoft and Nokia for deploying private 5G. Verizon is working with Nokia to build private networks in international markets, where Verizon doesn’t have its own network, for manufacturing and logistics companies.
Private 5G networks remove the need for businesses to jostle for speed with others on a public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity.
“We have been able to equip ABP to take advantage of the immediate benefits private 5G offers, and … take full advantage of new technology applications and real-time analytics which will digitally transform its services in the future,” said Tami Erwin, CEO, Verizon Business.