Verizon Communications Inc. (NYSE, Nasdaq: VZ) has launched 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, the company said.
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.
Verizon, headquartered in New York City, has a diverse workforce of 160,900 and generated nearly USD 126bn in 2016 revenues. Verizon operates America´s most reliable wireless network, with 114.2m retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation´s premier all-fiber network, and delivers integrated business solutions to customers worldwide.