Verizon

Verizon
United States
1983
Public
NYSE: VZ
> $10b
> 50,000
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DESCRIPTION
Verizon is the second largest US telecom services provider and the leading providor of wireless services. The company's core mobile business, Verizon Wireless, is primarily retail-based and serves 108 million customers. In addition, Verizon offers a wide range of telecom, managed network, and IT services to commercial and government clients in more than 150 countries.

Year founded:
The Internet of Things (IoT) is already having a massive impact on business. It offers organizations the opportunity to transform how they operate, and gives both new entrants and established players the ability to innovate and disrupt.

The Internet of Things refers to machine-to-machine (M2M) technology enabled by secure network connectivity and cloud infrastructure, to reliably transform data into useful information for people, businesses, and institutions.

The ecosystem required to build an IoT solution can be complex. While the technologies involved are established, there’s still a lot of work to be done in agreeing and ratifying standards. They are seeing more “off the shelf” solutions and building blocks emerging, but a high degree of customization is common. Selecting the right providers, partners, and technologies is critical to achieving reliability, performance, coverage, and Interoperability.
IOT SNAPSHOT
The IoT ONE Radar indicates a vendor's relative focus on hardware, software and services.
Hardware
Software
Software that ingests data and visualises it to generate insights to answer specific questions
Platforms that facilitate and allow application developments for specific use cases and/or client requirements.
Providing the infrastructure to store and manage data.
Services
Providing network connectivity to allow communication between devices, things, and operators.
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