Verizon Communications, Inc. Plans on Improving The Internet of Things.

The telecommunication recently announced that it is allowing these sensor embedded devices at a reduced cost, maybe half price till next year.


In hopes of improving the Internet of Everything, Verizon Communications has presently announced that it will be making sensor embedded devices at a low cost. The telecommunication provider network has planned to make devices for cheaper and will also reduce the cost of connecting and accessing these devices from a 4G LTE network, as stated by the senior vice president of Internet of Things at Verizon, Mr. Mike Lanman. ThingSpace was also launched by Verizon Communications, Inc. which is an integrated internet of things platform on which developers design and create applications. As for the users, they can manage their devices through it. At the event that was held on Wednesday at Verizon’s Innovation Center in San Francisco, the Senior Vice President announced that to cut of the cost of Verizon 4G LTE network chipsets designed by Sequans Communications are available. Furthermore he said that users will, in 2016, observed the company reduce this current price to half for a number of its modules that the company has planned on eventually launching. He says that through this the telecommunications company will be making 4G LTE networks and WAN networks more reachable and handy for users as well as developers. Mike Lanman said in a statement at the conference that bringing continuous innovations in smart and metropolitan cities that are connect to cars and wearables clearly shows that the future belongs to Internet of Things and people, through IoT will live and work in the coming years but despite of being the future, at this point in time, it is still believed to be quite expensive, complex and also difficult to scale. So for the future of IoT to be successful, a genius or a true leader might be able to make it less complex and maybe even change the model of IoT while Verizon is one who is making efforts to improve it and making it available to millions and billions of users. In other news, Verizon has also made announcements that it will cut some of the management positions as it wants the employees and customers to work closely together. Currently, the number of layoffs has not been announced. Bloomberg stated that the telecommunication company told its employees that it will be reorganizing Verizon’s wireless operations. From 20 it is going to bring the regional offices down to 6, according to Jim Gerace and further stated that some jobs will be cut in the process but he did not mention the numbers. The company itself said that even though management positions will be cut, no such change will be made for sales and retail store employees.