Exclusive Interview with Verizon's SVP of Technology and Planning - Business Insider

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For global telecoms, adapting to the new, disruptive forces means embracing digital transformation. Nearly two-thirds of global telecoms from a 2019 Forbes Insights reported plans to devote more than 10% of revenue to digital transformation in the next two years and almost half reported plans to increase their digital transformation budgets by 10% or more.

BII: What are some of the challenges you've come across when trying to integrate digital systems with legacy platforms, and how are you approaching them? We've been working for years to migrate services off of legacy equipment and special use hardware and decommission that equipment to enable greater virtualization and standardization within our network. These moves will lead to greater flexibility and speed to deployment of products and services.

This is of great interest to enterprises. Whereas innovation and use cases in 4G LTE were very much driven by the consumer, 5G and MEC use cases have been and will continue to be driven by enterprises. We've already talked publicly about numerous enterprise customers who are using 5G technology to transform their businesses, and we are working with countless more who are seeing the value of the new capabilities we are bringing to market.

Real time enterprise empowers people, devices, and systems to interact efficiently and safely in a highly automated environment.

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