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

Disruptive forces are reshaping the global telecommunications market and changing how mobile network providers operate. New networking technologies are offering telecoms the opportunity to expand their partnerships with large enterprises and dive into entirely new services.Rising competition from over-the-top platforms is compelling operators to find new avenues to compensate for revenue losses in traditional services.

Business Insider Intelligence : As you continue to transform your network and capabilities — whether that's through the use of AI, automation, cloud computing, etc.

BII: What impact will 5G have on cloud and edge computing and is this something that has been of interest to enterprises?There are three components in next gen technology that, when combined, will unleash massive innovation and enable new, disruptive technologies:The inherent capabilities of 5G to move data more efficiently; andThe combination of these technologies is critical to reach the eight currencies we've been talking about in the market, including massive-scale IoT device...

In November of last year, we were the first in the world to introduce a MEC platform, so the technology is very new; however, the possibilities this technology will enable are limitless. There are countless use cases for Edge technology. A few examples include: Distribution facilities will be able to take advantage of massive IoT tracking with automated robotic processes integrated into real-time workflows. Manufacturing facilities can benefit from predictive maintenance, robotic control, remote equipment configuration, intelligent video, AR job aids, assembly inspection, and massive IoT tracking.

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