Verizon extends IoT leadership position, launching its Narrowband IoT Network nationwide, offering more choices, multiple use...
May 14 2019 - 8:00AM
Verizon’s Narrowband IoT (NB-IoT) Network is now available
coast-to-coast covering more than 92% of the US population.
The launch of this additional IoT connectivity option in
combination with the company’s ThingSpace management platform,
APIs, tools and rich ecosystem of partners will provide enterprise
customers the ability to bring unique NB-IoT solutions to market
quickly.
“There is a whole universe of smart solutions needing scalable
and affordable connections. By launching our NB-IoT Network,
Verizon is taking yet another step in making that connectivity
available and driving innovation in the IoT field,” said Jeffrey
Dietel, Senior Vice President of Business Marketing and
Products.
NB-IoT adds a low cost option for low power, low
throughput solutionsNarrowband Internet of Things (NB-IoT)
technology is specifically designed for IoT applications that could
benefit from access to lower cost chipsets, superior coverage and
significantly prolonged battery life. The NB-IoT Network provides
the ability to manage both IP and non-IP data traffic. This
ability to handle non-IP data traffic allows for the creation of
much simpler and more cost-effective IoT devices which are ideal
for solutions that aren’t designed to be always mobile such as
alarm panels, environmental sensors, industrial appliances, factory
equipment and parking meters. Other ideal use cases for
NB-IoT include:
- Smart cities – improve citizen experience and municipal
operations through parking sensors, waste management and smart
lighting.
- Smart buildings – enhance building safety and incident response
times through connected smoke detectors including regular
auto-test, battery check and real-time alerts to the relevant
parties in case of fire.
- Industrial – improved machinery maintenance cycles and factory
safety through machinery control such as equipment status, factory
control, and process and safety monitoring.
- Environment monitoring – increase focus on environmental
responsibility through status reporting of manhole covers, fire
hydrants and chemical emission levels.
- Agricultural – improve efficiency in the agricultural industry
with livestock tracker, connected greenhouse, stationary tracking
and monitoring of air quality, humidity, moisture, temperature, and
weather conditions of air and soil.
- Asset Tracking – improve efficiency and decrease costs by using
pallet tracking and geo-fencing.
- Utilities – improve efficiency and decrease waste by using gas
and water metering, including smart meter consumption tracking and
pipeline monitoring.
Verizon is ready to support developers and manage
commercial trafficVerizon continues to expand its already
robust ecosystem of partners to help develop, bring to market,
connect and manage IoT solutions. Verizon has partnered with
leading chipset and module manufacturers so
that IoT makers can immediately start working towards
building their devices for the
Verizon NB-IoT network. Three module manufacturers
in final stages of testing - Telit, SIM-COM and Quectel - have
modules on Verizon’s Network which are ready to be used in
development efforts. Additionally, customers will be able to
manage their connections securely using the integrated ThingSpace
platform that supports connectivity management, location and device
security.
Verizon has announced an initial NB-IoT Standard Price
Plan, offering 50 KB of data
with a $1.00 monthly access fee per device. The data
allowance can be shared with other NB-IoT devices on the same price
plan and on the same account.
NB-IoT adds another connection option for
businessesVerizon maintains a strong leadership position
in IoT technology and solutions with a history of providing
customers with many options to meet their needs including
nationwide deployment of 4G LTE, LTE Cat 1, and LTE Cat M1
networks. While CAT-M1 targets a wide range of applications for
business customers such as wearables, fleet and asset management,
NB-IoT focuses on applications needing data rates below 100 kbps.
NB-IoT technology occupies a dedicated frequency of 180 kHz
bandwidth designated for IoT applications which does not share
spectrum resources with commercial smartphone traffic.
“We have engineered our NB-IoT network in the Guard Band of our
spectrum. By using the more complex Guard Band solution for
our Narrow Band IoT Network, we are demonstrating very efficient
use of spectrum assets while giving customers the breadth of
options they need to best meet their needs. This strategic
use of spectrum is one of the many variables that has resulted in
Verizon’s continued performance superiority and strong capital
management over the years,” said Bill Stone, Vice President of
Technology Development and Planning at Verizon.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, generated revenues of $130.9 billion in 2018. The
company operates America’s most reliable wireless network and the
nation’s premier all-fiber network, and delivers integrated
solutions to businesses worldwide. With brands like Yahoo,
TechCrunch and HuffPost, the company’s media group helps consumers
stay informed and entertained, communicate and transact, while
creating new ways for advertisers and partners to connect.
Verizon’s corporate responsibility prioritizes the environmental,
social and governance issues most relevant to its business and
impact to society.
Media contact:Karen
Schulz864.561.1527Karen.Schulz@verizon.comTwitter: @VZWKarenS
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