& cplSiteName &

Verizon Launches Exponent as New Carrier Services Platform

Light Reading
News Wire Feed
Light Reading
2/23/2017
50%
50%

NEW YORK – 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 services 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.

Verizon Communications Inc. (NYSE: VZ)

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Flash Poll
Upcoming Live Events
October 18, 2017, Colorado Convention Center - Denver, CO
November 1, 2017, The Royal Garden Hotel
November 1, 2017, The Montcalm Marble Arch
November 2, 2017, 8 Northumberland Avenue, London, UK
November 2, 2017, 8 Northumberland Avenue – London
November 10, 2017, The Westin Times Square, New York, NY
November 16, 2017, ExCel Centre, London
November 30, 2017, The Westin Times Square
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
The Revolution Will Be Automated
Steve Saunders, CEO and founder, Light Reading, 10/10/2017
The Big Cable DAA Update
Mari Silbey, Senior Editor, Cable/Video, 10/11/2017
Is US Lurching Back to Monopoly Status?
Carol Wilson, Editor-at-large, 10/16/2017
Telecom Italia Covers 73% of Italy With NB-IoT
Iain Morris, News Editor, 10/13/2017
DT: Brutal Automation Is Only Way to Succeed
Iain Morris, News Editor, 10/10/2017
Animals with Phones
Hunt & Peck Click Here
Giving new meaning to hunt-and-peck typing!
Latest Comment
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed