Barcelona, Feb 23. 2016: At the on-going Mobile World Congress 2016, US-based company Verizon announced that ThingSpace, its Internet of Things (IoT) platform will be opened up to third-party network and technology service providers. Verizon said it would also roll out a new set of tools designed to address security concerns industrywide.
The fresh moves, said Verizon, “demonstrated its overarching strategy to reduce IoT complexity and market fragmentation to accelerate market adoption.” Revenues from Verizon’s IoT and telematics businesses totaled US $690 million as of year-end 2015.
Key milestones since launch of ThingSpace:
- Now hosting more than 4,000 developers on ThingSpace
- A global IoT footprint with device connectivity in more than 120 countries across the globe today, growing to nearly 200 countries by year-end
- Design and integration work with Nokia and Ericsson is now complete paving the way for the launch of Verizon’s new highly scalable IoT core network later this year. Verizon’s LTE core network architecture will be engineered to efficiently serve large deployments for new low power use cases
- A wide-selection of devices are now certified on its existing LTE architecture for IoT applications utilizing new low cost Category 1 chipsets /modules by Gemalto, Sequans and Telit.
- Accelerating development of Category M devices with Sequans for emerging ultra-low power and low cost use cases
Verizon’s Cloud APIs on ThingSpace will be available soon in beta to help developers improve consumer experiences for mobile apps primarily used to curate and retrieve photos, videos, music and other cloud-stored content. The Verizon Cloud APIs will help applications like [RealTimes by RealNetworks] and [Photobucket] offer added value to consumers.
“By addressing key barriers at the network, platform and application levels, our mission is to make IoT more accessible to consumers and public sector organisations while allowing businesses, and developers of all sizes to compete in new markets globally,” said Mike Lanman, Senior Vice President of IoT and Enterprise Products at Verizon.
To open up the Internet of Things to the broader ecosystem, Verizon is actively engaged in extending ThingSpace to other network and technology service providers, to provide their customers the ability to consume leading-edge IoT services designed by Verizon’s innovative product technology team – VZ Labs. The move is specifically targeted to companies who may not have the scale, technical requirements or capital budgets to build end-to-end IoT solutions on their own – but want to make IoT-enabled technologies available to their customers at scale.
Image Credit: Verizon