NEW YORK, Feb. 23, 2017 /PRNewswire/ -- Verizon announced
today the global launch of Exponent, a new business and technology
venture offering a portfolio of software and internet platforms
designed to enable carriers around the world to quickly deploy and
launch next-generation solutions. Exponent offers a foundation for
carriers to fuel their digital transformation and compete with a
range of new digital service providers by expanding their Big Data
and Artificial Intelligence, Internet of Things (IoT), Media
Services and Internet Services Delivery platforms.
Exponent combines Verizon's cutting edge innovation with the
operating know how of running one of the most advanced networks on
the planet, to provide carriers with the right expertise and
capabilities to accelerate growth, optimize performance, and
monetize assets.
"As carriers around the world seek to compete with new, emerging
technology players and OTT service providers, Exponent provides a
cost-effective way for them to leverage Verizon's investment and
experience to diversify and help grow their revenue streams while
relying on our tradition of innovation, reliability and
excellence," said Guru Pai, Chief Product Officer at Verizon.
Exponent platforms provide a broad range of business and
technical benefits to carriers including:
- Big Data and Artificial Intelligence Platform – designed
to assist carriers to unlock and monetize their wealth of data
through the application of advanced machine learning techniques,
deep analytics, and artificial intelligence. This new
groundbreaking platform enables service providers to utilize their
unique data sets in the marketplace and open new business
opportunities.
- IoT Platform – from silicon to vertical solutions, this
platform eliminates many of the limitations carriers have
traditionally faced in managing the known complexities of its IoT
growth business. By integrating a wide set of capabilities, from
managing all end user devices and connections to a developer and
customer marketplace, carriers are empowered to accelerate their
IoT use cases.
- Media Services Platform – through cross-platform video
and advanced media services across multiple networks with different
end point devices, this platform reduces complexity to a simple
integrated end-to-end next-generation video technology, handling
everything from content ingestion to the final user screen. These
solutions allow carriers to easily process at scale any type of
video content from linear TV feeds to live streaming, OTT and
emerging formats such as 360 video and VR, at a very convenient
cost structure, while delivering a rich and customizable user
experience.
- Internet Services Delivery Platform – with the goal of
managing the ever-increasing infrastructure demand, this platform
provides a powerful and flexible real-time flow-based solution that
helps operators launch revenue-generating internet services, create
value-based pricing and consumer engagement plans, and deliver
dynamic network optimization capabilities through a simple
management interface.
- Cloud Computing and Storage Platform – designed and
built with carrier-sized deployments in mind, this container-based
architecture allows carriers to rapidly deploy new services with a
focus on scale and security, all while optimizing for both
performance and cost.
Exponent's platforms were designed to bring the flexibility and
openness of internet technologies with the scale and consistency of
carrier-grade solutions, leveraging open source software,
comprehensive application programming interfaces (APIs) and
micro-services architectures. The platforms interoperate seamlessly
with existing carrier's assets to maximize their utilization and
give the customer the ability to scale as their business model
evolves.
"Exponent's approach to designing and deploying platforms with
an open architecture model offers carriers an innovative and
much-needed entry into new growth areas while mitigating the
required investment and resources to get started. There is
significant value for both sides in this model," said Courtney Munroe, Group Vice President at IDC
Research.
Created by a carrier, for carriers, Exponent has the potential
to change the carrier landscape by helping to generate new revenue
streams, reduce investment risk, and embrace tomorrow's business
opportunities.
"Our launch of Exponent demonstrates our commitment to providing
best-in-class experiences and services to the carrier community.
After many years of hard work, we are ready to launch and share our
learnings, and we welcome all services providers globally to
partner with us," said Brian
Higgins, Vice President and GM of Exponent.
Learn more about Exponent at the Verizon Operator Marketplace
Speaker Series at Mobile World Congress in Barcelona on February
27, 2017. Over the four days of Mobile World Congress,
Verizon will be hosting a dynamic Operator Marketplace and an
engaging speaker series, showcasing products and solutions that are
disrupting the technology industry. See firsthand and learn from
top leaders about how innovation in platforms, content, and
advertising will shape the future on a global scale.
For additional information about Exponent, visit
www.exponentplatforms.com
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, has a diverse
workforce of 160,900 and generated nearly $126 billion in 2016 revenues. Verizon operates
America's most reliable wireless network, with 114.2 million retail
connections nationwide. The company also provides communications
and entertainment services over mobile broadband and the nation's
premier all-fiber network, and delivers integrated business
solutions to customers worldwide.
Verizon's Online News Center: News releases, feature stories,
executive biographies and media contacts are available at Verizon's
online News Center at www.verizon.com/news/. News releases are also
available through an RSS feed. To subscribe, visit
www.verizon.com/about/rss-feeds/.
Media contact:
Chris
McCann
908-559-8135
Christopher.mccann@verizon.com
Related Links
http://www.verizon.com/
https://www.verizonwireless.com/
http://www.verizonenterprise.com/
http://www.verizon.com/about/
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