Oracle takes on Verizon and expands global network with innovation lab

Verizon and Oracle are teaming to explore how Verizon 5G Ultra-Wideband (UW) can transform industries including utilities, manufacturing, communications, and construction and engineering.

Partners and customers can now explore, create and test 5G use cases that create opportunities and solve their most pressing industry challenges, with Verizon 5G UW at the new Oracle Industry Lab outside of Chicago.

The 30,000 sqft Oracle Industry Lab will provide customers with a hands-on environment in which to develop new ideas and create solutions leveraging technology from Oracle and more than 30 industry partners.

Visitors of the Lab will also be able to collaborate on large construction models with vast amounts of data flowing through Verizon’s 5G network. This includes sharing drone laser scanning and video data with building information management (BIM) models to fuel insights which will assist mitigate potential schedule risks and improve project outcomes.

Collaborators will be able to test how fast, reliable access to sub-second smart meter and IoT-sensor data, enabled by 5G, which allow the monitoring of everything from city-wide energy use to potential hazards, helping to avoid power outages or costly/dangerous asset failures.

Tami Erwin, CEO of Version Business said: “In 5G Innovation Hubs across the nation, Version Business has been working alongside develop and test solutions that can transform various industries – all powered by Verizon 5G Ultra Wideband. The state-of-the-art Oracle Industry Lab is the perfect testing ground for this kind of next – level innovation. By uniting Oracle’s deep suite of vertical and horizontal technology with partner solutions and Verizon 5G, we will be able to help our joint customers reimagine the future of their enterprises.”

Mike Sicilia, executive vice president of Oracle’s vertical industries said: “The core technology used in the world’s most essential industries doesn’t run in an office, it runs on a construction site, in the utility operations center, on the manufacturing floor. So why not let customers develop, test and validate technology in similar environments? The lab brings these scenarios to life so that collectively, customers, partners and Oracle can create solutions to fuel opportunity and solve the really tough problems these industries are facing.”