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VERIZON COMMUNICATIONS INC. | 2011 ANNUAL REPORT
The Center features a 20,000
square-foot showcase that
includes wide-ranging
innovations at every
stage — from concept to
commercial products.
Verizon’s LTE Innovation
Center in Waltham, MA
features state-of-the-
art labs and on-site
technical expertise from
Verizon engineers to
help forward-thinking
companies develop
and commercialize
nontraditional wireless
products and services.
Our goal is to help innovators develop
the best and brightest solutions as eciently
as possible, so that we can provide
truer connections between people, places
and things.
new 4G LTE products from nearly 80 companies. We showcased dozens of
these new products at the 2012 International Consumer Electronics Show,
demonstrating the wide range of industries being transformed by this
new age of mobility — including automotive, gaming, entertainment,
health and wellness, home automation and more.
These product incubators have been so successful that Verizon Wireless
will be pursuing a similar approach in its joint venture with cable com-
panies, which we plan to launch in 2012. This new collaboration will
marry the power of 4G LTE to high-speed ber and cable broadband
networks, enabling partners to develop new integrated products and
services that will move seamlessly between mobile and xed devices
and knit together customers’ digital lives.
Machine-to-Machine — The Next Big Thing
Some of the most exciting innovations coming out of our Innovation
Program are designed for machine-to-machine (M2M) communications.
Today, just about every new piece of consumer electronics has a built-
in wireless component that allows it to be connected to the Internet.
Soon, the same will be true of homes, oce buildings, roads, bridges
and transportation systems. As these connections become ubiquitous,
objects will have the ability to communicate with each other, which
will dramatically change the way we manage our world. Whether it’s
tracking inventory, managing eets or improving the way we consume
energy, the information provided by M2M communications has the
potential to usher in a new wave of productivity and eciency.
But M2M isn’t just about the machines. With the ability to collect and
analyze data on a large scale in real time, customers will be able to
harness digital intelligence to solve problems in whole new ways.
Buildings will be able to optimize their own energy consumption.
Cities will be able to analyze and manage trac patterns. Refrigerators
will be able to tell you when you’re out of milk and doctors will be able
to monitor patients’ vital signs remotely, lowering costs and improving
the quality of care.
The innovation cycle that drove Verizon’s growth in the last decade will
be exponentially faster in the decade ahead, and the rapidly growing
universe of Internet and wireless users around the globe constitutes an
enormous market for technology, especially for integrated solutions that
help people manage their increasingly complex digital lives. By staying
at the forefront of network technology and continually expanding our
own capacity for innovation, Verizon will remain a vital partner in bring-
ing the benets of these technologies to the marketplace.
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