THANK YOU SO MUCH.
5G TECHNOLOGY SPEEDING UP
BUSINESSES, VERIZON ANOUNSING A
NEW PARTNERSHIP BETWEEN ITS
PRIVATE MOBILE EDGE COMPUTE
SOLUTION PLATFORM AND AMAZON WEB
SERVICES, THIS WILL GIVE
COMPANIES THE ABILITY TO MAKE
FASTER DECISIONS IN FACTORIES,
ROBOTICS AND QUALITY CONTROL.
CORNING IS VERIZON’S FIRST
CUSTOMER FOR THE SERVICE.
HERE IN A FIRST ON FOX
INTERVIEW, IS VERIZON BUSINESS
CEO, TAMI ERWIN.
GOOD MORNING TO YOU.
GOOD TO BE WITH YOU THIS
MORNING.
THANKS FOR COMING ON THE
PROGRAM.
EXPLAIN THE ANNOUNCEMENT TO US,
EXPLAIN HOW THIS IS GOING TO
HELP CONSUMERS, HELP GROWTH
WITHIN THIS COUNTRY FOR
STARTERS.
>> YES, JACKIE, GOOD MORNING
AND THANK YOU FOR THE
OPPORTUNITY TO TALK ABOUT WHAT
WE’RE DOING.
VERIZON HAS LED THE WORLD TO 5G,
MOBILITY, FIXED WIRELESS ACCESS
AND PUBLIC EDGE COMPUTE.
TODAY’S ANNOUNCEMENT IS OUR
PARTNERSHIP WITH AWS TO
INTRODUCE PRIVATE MOBILE EDGE
COMPUTE WHICH GIVES COMPANIES
LIKE CORNING THE ABILITY TO PUT
EDGE COMPUTE IN THEIR FACTORIES,
ON THEIR CAMPUSES, AND THIS ONE
IS PARTICULARLY EXCITING.
IT ALLOWS ROBOTIC CAPABILITY IN
MANUFACTURING ENVIRONMENTS FOR
CORNING, SOMETHING THAT WILL BE
ON THEIR CAMPUS, SITTING ON A
PRIVATE NETWORK AND REALLY
EXCITED ABOUT THE CAPABILITY
THIS DELIVERS BECAUSE IT REALLY
TAKES 5G TO THAT NEXT EDGE OF
REALLY LOW LATENCY, HIGH
SECURITY CAPABILITY TO DELIVER
AUGMENTED REALITY, MACHINE
LEARNING, THE CAPABILITY TO GO
FASTER AND BETTER FOR CORNING AS
A RESULT OF THIS PRIVATE EDGE
COMPUTE.
JACKIE: A LOT OF PEOPLE ARE
VERY EXCITED ABOUT THIS WITHIN
THE INDUSTRY IN GENERAL BUT ALSO
LOOKING AT THIS MORE BROADLY,
WE’RE TALKING ABOUT A HUGE
INFRASTRUCTURE PACKAGE THAT
COULD BE PASSED THROUGH AS SOON
AS THIS SUMMER OR POSSIBLY LATE
SPRING, FOR EXAMPLE.
WE TALK ABOUT BUILDING OUT THE
INFRASTRUCTURE IN THIS COUNTRY,
THAT INCLUDES 5G.
SO TALK TO ME ABOUT HOW THIS
COULD POTENTIALLY WORK WITHIN
THAT FRAMEWORK.
>> YEAH, IT’S TRULY AN EXCITING
TIME AS YOU BEGIN TO LOOK AT HOW
BUSINESSES ANTICIPATE TECHNOLOGY
PLAYING A FOUNDATIONAL LEVEL IN
THEIR TRANSFORMATION.
WE LOOK AT BUSINESSES THAT WE
PARTNER WITH AND WE HAVE SEEN
BECAUSE OF COVID AN ACCELERATION
OF THE TRANSFORMATION EFFORTS
THAT THEY EXPECT AND REALLY WITH
5G AND TECHNOLOGY, MOBILITY,
CLOUD AND BROAD BAND AT THE
INTERSECTION POINT OF EVERYTHING
THAT THEY’RE DOING, AND SO THE
ABILITY TO HAVE STIMULUS MONEY
IN THE MARKETPLACE AS BUSINESSES
REIMAGINE HOW THEY SERVE
CUSTOMERS, AS HAD THEY REIMAGINE
HOW UTILITIES WORK AND WHAT THE
LOOK FORWARD ENVIRONMENT WILL
LOOK LIKE, WE BELIEVE 5G IS
PERFECTLY POSITIONED AND VERIZON
PARTICULARLY BECAUSE WE DID LEAD
AND CONTINUE TO LEAD THE WORLD.
OUR RECENT ACQUISITION OF C-BAND
SPECTRUM GIVES US THE ABILITY TO
AMPLIFY AND ACCELERATE THE
EFFORTS WE ALREADY HAD IN-MARKET
ON BEHALF OF BUSINESSES THAT ARE
COMING BACK AND SAYING I HAVE TO
DO THINGS DIFFERENT AS A RESULT
OF COVID AND WE THINK WE’RE
VERY, VERY WELL POSITIONED TO BE
THE PARTNER OF CHOICE AS THEY
LOOK TO DO THAT.
JACKIE: OKAY.
VERIZON RECENTLY ANNOUNCED A
PRIVATE 5G PARTNERSHIP WITH
ASSOCIATED BRITISH PORTS.
TELL US ABOUT THIS.
THIS IS VERY INTERESTING IN THE
FUTURE OF SHIPPING.
>> YES, SO WE THINK THIS IS
REALLY EXCITING.
THIS IS OUR FIRST PRIVATE
NETWORK PARTNERSHIP.
IT’S BASED OUT OF THE U.K.
AND WHAT WE SEE WITH BUSINESSES
THAT ARE INTRODUCING PRIVATE
MOBILE EDGE COMPUTE IS THAT
THEY’RE ALSO INTRODUCING PRIVATE
NETWORKS AND THIS GIVES THEM THE
ABILITY TO SCALE THE POTENTIAL
AS THEY THINK ABOUT HOW DID THEY
WORK DIFFERENTLY, HOW DID THE
PORTS WORK DIFFERENTLY.
THIS SOLVES FOR THEM NOT ONLY
THE IMMEDIATE PROBLEM OF LACK OF
ON-SITE CONNECTIVITY BUT IT
ALLOWS THEM TO ADVANCE
CAPABILITIES WITH A PRIVATE 5G
NETWORK THAT WE’RE PARTNERING
WITH NOKIA TO DELIVER,
RELIABILITY, THROUGHPUT,
SECURITY, LOW LATENCY.
NOT ONLY DOES IT PROVIDE WHAT
THEY USED TO GET, THE WI-FI, BUT
IT CHANGES ENTIRELY HOW THEY RUN
THESE PORTS AND WE THINK IT’S A
REALLY EXCITING TIME TO BE NOT
ONLY IN THE MARKET WITH EDGE
COMPUTE BOTH PUBLIC AND PRIVATE
BUT ALSO PRIVATE NETWORKS AND
THEN ULTIMATELY NETWORK SLICING
SO IT GIVES BUSINESSES A LOT OF
CHOICE AS TO HOW THEY WANT TO
BUILD THE INFRASTRUCTURE TO
SERVE THEIR CUSTOMERS.
JACKIE: I WANT YOU TO LAY OUT
HOW THIS WOULD WORK IN PRACTICE
SO THAT PEOPLE COULD REALLY
UNDERSTAND WHAT’S HAPPENING HERE
BUT I ALSO WANT TO ASK YOU ABOUT
THE PARTNERSHIP WITH AMAZON AND
AWS.
TWO BIG COMPANIES WITHIN THE
TECH SPACE WORKING ON THIS
TOGETHER, WE’RE SEEING MORE AND
MORE OF THAT.
MAYBE IN AN ACCELERATED POST
PANDEMIC BECAUSE OF EVERYTHING
WE’VE BEEN THROUGH AND THE
SOLUTIONS WE’VE NEEDED.
YOUR THOUGHTS ON BIG COMPANIES
LIKE THIS IN THE TECH SPACE
WORKING TOGETHER?
>> WE THINK IT’S SUPER
IMPORTANT.
WE’VE BEEN WORKING WITH ANDY AND
HIS TEAM FOR SEVERAL YEARS.
YOU DON’T JUST QUICKLY MAKE THIS
HAPPEN.
THIS HAS BEEN SOMETHING THAT
WE’VE DESIGNED AND ANTICIPATED
5G CAPABILITY AS WE ROLLED OUT
5G CAPABILITY.
WE’VE GONE TO PARTNERS LIKE A
AWS AND THEY’VE BEEN TERRIFIC AT
HELPING US REALLY THINK ABOUT
HOW DO YOU INNOVATE, USE THE
POWER OF CLOUD WITH THE POWER OF
5G NETWORKS TO REALLY CHANGE HOW
BUSINESSES CAN THEN HAVE COMPUTE
AT THE EDGE AND TAKE FULL
ADVANTAGE OF THE LOW LATENCY
CAPABILITY, THE COMPLETE
CURRENCY CAPABILITY THAT COMES
WITH 5G.
AND WORKING WITH A PARTNER LIKE
AWS WHEN YOU SIT DOWN AND YOU
BEGIN TO INNOVATE AND IMAGE A
INWHAT YOU CAN DO ON BEHALF OF
YOUR CUSTOMERS, WE CAN MOVE
VERY, VERY QUICKLY TOGETHER.
WE SERVE MANY OF THE SAME SHARED
CUSTOMERS SO OUR ABILITY TO MOVE
QUICKLY HAS BEEN IMPORTANT.
I ALSO REALLY LIKE WITH AWS WE
LAUNCHED FIRST OUR PUBLIC EDGE
COMPUTE SO IT GRAVES A MILLION
-- GAVE A MILLION DEVELOPERS
ACCESS.
WITH PRIVATE, IT GIVES
BUSINESSES AROUND THE WORLD THE
ABILITY TO REALLY SAY HOW DO I
WANT TO USE EDGE COMPUTE ON MY
CAMPUS, IN MY FACTORY, IN MY
HOSPITALS.
JACKIE: A LOT OF DIFFERENT
OPTIONS.
>> YEAH, ABSOLUTELY.
JACKIE: TAMI ERWIN,
CONGRATULATIONS AND THANK YOU
FOR JOINING US THIS MORNING TO
WALK US THROUGH IT.