IBM holds strong expertise in AI, hybrid multi-cloud, edge computing, assist management, and connected operations. Verizon has strong capabilities in high-speed, low latency wireless 5G network, internet of things (IoT) and multi-access edge computing (MEC) capabilities.
By combining the forces and leveraging each business’s unique expertise, both IBM and Verizon plan to offer mobile asset tracking and management solution. The joint effort will help enterprises improve operations, optimise production quality, and help clients enhance worker safety.
Both IBM and Verizon plan to develop combined solutions for 5G and edge computing as well. These solutions will help clients to detect, locate, diagnose, and respond to system anomalies. The solutions will also help in monitoring asset health and predicting failures in near real-time.
Bob Lord, SVP of Cognitive Applications, Blockchain and Ecosystems for IBM said, “The industrial sector is undergoing an unprecedented transformation as companies begin to return to full-scale operations, aided by new technology to help reduce costs and increase productivity. Through this collaboration, we’re building upon our longstanding relationship with Verizon to help industrial enterprises capitalize on joint solutions that are multi-cloud ready, secured and scalable, from the data centre all the way out to the enterprise edge.”
Most computation-intensive tasks usually happen at a data centre. Edge computing processes the data from the cloud and moves it closer to the source, or to the ‘edge’. The companies plan to use Verizon’s lightning-fast 5G network to increase the number of IoT devices. This will allow organisations to interact with those devices in near real-time.