NEW YORK, Dec. 12, 2017 /PRNewswire/ -- Verizon has opened
a 5G-enabled Open Innovation lab in New
York's Silicon Alley to work with startups and academics to
unlock new use cases and experiences through trials and prototypes
using Verizon's pre-commercial 5G technology.
The 5G-enabled lab space was created through a unique
partnership with Alley, a co-working community that collocates
startups, accelerators, and entrepreneurs. The lab will serve
as a place to advance new technology ideas, concepts, and solutions
with Verizon innovation, product, and venture teams in a space
designed for collaboration and ideation, making it the world's
first 5G powered co-working experience.
"5G brings an entirely new and unique array of benefits and
possibilities compared to previous wireless technologies," says
Verizon SVP of Strategy, Innovation and Product Development,
Toby Redshaw. "One of the best ways
to unleash the true possibilities of 5G is by getting it into the
hands of innovators and visionaries. We see Alley as a logical
first place to do just that." Verizon plans on offering access to
dedicated space in Alley to select participants who are looking to
explore test cases that benefit from the speed and latency
characteristics native to 5G. The company expects the initiative
will provide additional insights into the service and technology,
as well as new concepts and use cases brought by those invited to
the trial.
Trials are beginning with an initial wave of six innovative
startups and two academic partners. These include pioneers of
augmented reality (AR) and multi-user virtual reality (VR) along
with platform startups working to analyze and optimize video
delivery. Verizon has also been working with the NYC Media Lab to
host The Combine, a university spinout accelerator, and will seek
additional trial participants through the program.
The full list of initial startups and academics include:
- Arvizio
- BriefCam
- Collinear
- Holojam
- Mapfit
- NGCodec
- NYU Future Reality Lab
- Columbia University's Graphics and
User Interfaces Lab
Verizon plans to foster additional relationships and select new
trial participants through new university grants, a partnership
with NYU's Tandon Futures Lab (a
leading NYC startup program and AI incubator) and ongoing
programming, education, and events at the space to empower the
community with the latest tools and thought leadership around
5G.
Learn more about Verizon's 5G trials here.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, has a diverse
workforce of 160,100 and generated nearly $126 billion in 2016 revenues. Verizon operates
America's most reliable wireless network and the nation's premier
all-fiber network, and delivers integrated solutions to businesses
worldwide. Its Oath subsidiary reaches about one billion people
around the world with a dynamic house of media and technology
brands.
Media contact:
Chris McCann
908.559.8135
christopher.mccann@verizon.com
Related Links
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SOURCE Verizon