Understanding Verizon's Internet of Things Story in 13 slides

PowerPoint Presentation

2015 Verizon IoT data increase year-over-year as %

HealthcareNaNNaN26

Home MonitoringNaNNaN50

EnergyNaNNaN58

Smart CitiesNaNNaN43

AgricultureNaNNaN33

Transportation/DistributionNaNNaN49

TextText

Understanding Verizon's Internet of Things Story in 13 Slides

Image source: Verizon.

Competition from AT&T, Sprint, and T-Mobile, and possible disruption from Facebook and Alphabet are pushing Verizon to diversify its business.

The Internet of Things looks to be a core component of the new Verizon.Image source: Pexels.

Infographic source: LTC Commission report pg 23

Verizons Internet of Things segment recorded $217 million in revenue in the third quarter, up 24% from the prior-year period. That looks small in the context of the companys total quarterly revenue of $30.9 billion, but Verizons IoT business should see strong growth spurred by acquisitions, internal development, and acceleration of the connectivity trend.


Verizon expects global spending on the Internet of Things to have risen from roughly $592 billion in 2014 to $1.3 trillion in 2019, and the company is already seeing rapid IoT data growth on its network. Image source: Getty Images.



The large data capacity and low latency provided by 5G will be crucial for IoT technologies like self-driving cars and robots. Early leadership in 5G should help Verizon differentiate its wireless service offerings. Image source: Pexels.


Verizon anticipates that 5G will deliver multiple-gigabit-per-second download speeds and be able to handle a thousand times more consumption than current network technologies.Image source: Pexels.


Verizon formed its 5G Technology Forum (V5GTF) in late 2015 with partners Cisco, Ericsson, Intel, LG, Nokia, Qualcomm, and Samsung. The V5GTF has created a standardized platform for Verizons 5G mobile routers and network testing. Infographic source: LTC Commission report pg 23

The company is producing hardware to connect smart cars in addition to building out connected fleet software and delivering smart-city solutions for intelligent video, traffic management, and lighting.



While consumer IoT products and services will play an important role in the broader connectivity trend, Verizon sees enterprise applications being the biggest drivers going forward. Image source: Verizon.


ThingSpace is Verizons enterprise IoT platform, and provides network connectivity, a growing library of application programming interfaces, and analytics. Image source: Verizon.


Verizon estimates that 80% of its IoT revenues will come from apps, 15% will come from the platform, and 5% will come from connectivity.



Verizon has been spending billions on acquisitions to rapidly build its position in IoT, with purchases concentrated in the areas of telematics, advertising, and machine-to-machine communications.Image source: Verizon.


Verizon expects rapid growth for IoT over the next eighteen months due to falling costs. In three to five years, the company anticipates that the automation and efficiency improvements from IoT will be having dramatic impacts at the consumer and enterprise levels. Image source: Verizon.


The next billion-dollar iSecretThe world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early-in-the-know investors! To be one of them,just click here.

Business

Understanding Verizon's Internet of Things Story in 13 slides