- Verizon’s 5G Private Network with Enterprise AI integrates private wireless, edge computing, and Nvidia’s AI platform for real-time AI applications.
- The offering targets large enterprises and taps into the growing private 5G market, expected to reach $19.4 billion by 2029.
What happened: Combining private 5G and Nvidia AI for real-time enterprise solutions
Verizon announced a groundbreaking 5G Private Network with Enterprise AI, a collaboration with Nvidia that integrates the telco’s private wireless and mobile edge compute (MEC) solutions with Nvidia’s AI enterprise software and NIM microservices. This solution aims to deliver high-performance, on-premises AI applications for enterprises, offering real-time insights and enhanced automation. Verizon plans to showcase the system next February. The offering targets large, campus-sized enterprises looking for secure, ultra-low-latency, and high-bandwidth AI solutions, with the potential to drive digital transformation across industries. Additionally, Verizon highlighted the growing adoption of AI in businesses, citing statistics from PwC and McKinsey that show significant corporate interest in AI-driven efficiencies.
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Why it is important
Verizon’s 5G Private Network with Enterprise AI is a pivotal development for the future of business technology. By combining private 5G with Nvidia’s AI capabilities, Verizon is positioning itself at the forefront of the growing demand for secure, low-latency, high-bandwidth solutions. This offering allows enterprises to run real-time, on-premises AI applications, which can significantly improve operational efficiency, automation, and decision-making. As businesses across industries increasingly adopt AI to enhance productivity and customer experiences, having a robust infrastructure to support these technologies is crucial.
Private 5G networks are growing rapidly, with ABI Research forecasting a 63% annual growth rate, expected to reach $19.4 billion by 2029. By integrating AI into its private 5G offerings, Verizon is uniquely positioned to capture a significant share of this expanding market. For large enterprises requiring secure, scalable, and high-performance AI solutions, Verizon’s innovation could drive digital transformation, streamline operations, and fuel future growth across various sectors.
