Verizon Looks to Accelerate IoT with ThingSpace Platform
At the same time, Verizon is working with partners to embed LTE chip sets in a broad range of connected systems, which will help automate the provisioning processor and accelerate the deployment of devices on its wide-area network. In another cost-saving move, Verizon will enable a power-save mode for IoT devices that will extend the battery life of the system by years. Officials with the carrier also are looking to remove the challenge of analyzing the massive amounts of data expected to be generated by the growing number of connected devices worldwide. Lanman said Verizon is commercializing its multi-tenant data and analytics platform for large-scale IoT deployments, giving customers access to the same data analytics technology the carrier uses to collect and analyze huge amounts of data from IoT devices and other systems. Smart cities technology has been a focus for Verizon, which over the past year has rolled out such connected car and smart grid solutions as GridWide, Verizon Share and Hum. As part of this latest IoT strategy, Verizon is launching Intelligent Video, Intelligent Lighting and Intelligent Traffic Management as a way of offering solutions to both urban cities and rural communities. Mark Bartolomeo, vice president of IoT Connected Solutions at Verizon, said during the Webcast that the carrier is targeting a number of sectors with its Internet of things effort, including smart cities, agricultural technology, energy and heath care.