Amdocs, Microsoft, VMware, Other Technology Leaders Join 5G Open Innovation Lab as Founding Partners to Help Start-Ups, Entrepr

Christel Deskins

Amdocs, Microsoft, VMware, Other Technology Leaders Join 5G Open Innovation Lab as Founding Partners to Help Start-Ups, Entrepreneurs Develop Groundbreaking 5G Services, Applications PR Newswire SEATTLE, Sept. 24, 2020 SEATTLE, Sept. 24, 2020 /PRNewswire/ — The 5G Open Innovation Lab (5GOILab), a global ecosystem of developers, enterprises and government institutions, […]

 Amdocs, Microsoft, VMware, Other Technology Leaders Join 5G Open Innovation
      Lab as Founding Partners to Help Start-Ups, Entrepreneurs Develop
                   Groundbreaking 5G Services, Applications

PR Newswire

SEATTLE, Sept. 24, 2020

SEATTLE, Sept. 24, 2020 /PRNewswire/ -- The 5G Open Innovation Lab (5GOILab),
a global ecosystem of developers, enterprises and government institutions,
today announced that Amdocs (NASDAQ: DOX), Dell Technologies, Microsoft
(NASDAQ: MSFT), and VMware (NYSE: VMW) have joined the Lab as founding
partners providing engineering and technology resources to the Lab's diverse
start-up ecosystem.  Founding partners Intel, NASA and T-Mobile, who launched
the Lab in May, welcomed the new members who will broaden the Lab
participants' access to leading-edge network, software and hardware platforms,
in addition to creating direct customer relationships that accelerate market
adoption.

"We're working harder than ever to build a transformative 5G network for all,
but we must build something even bigger – an ecosystem that creates economic
value beyond traditional telecom," said Neville Ray, President of Technology
at T-Mobile. "These new founding partners will help us do just that,
broadening the pipeline of development for 5G solutions across all
industries."

The Lab selects 15 to 20 early- and later-stage companies to participate in
the program twice a year. These companies represent 5G infrastructure and
5G-enabled technologies such as artificial intelligence, edge computing and
IoT across diverse markets including agritech, manufacturing, entertainment,
transportation and energy. Founding members have visibility into these new
solutions, and can choose which companies they want to work with to help
accelerate their solutions and develop real-world proof-of-concepts. Founding
partners provide engineering, technology, mentorship and industry resources to
entrepreneurs and their companies to help them develop, test and bring to
market new use cases.

According to Gartner, the global 5G services market is projected to reach
$41.48 billion by 2020 expanding at a rate of 43.9% CAGR from 2021 to 2027.
"The Lab is an opportunity for us to learn what is possible," said Jim
Brisimitzis, general partner of the 5G Open Innovation Lab. "Our partners are
critical to helping us identify these opportunities and remove the market
friction that normally can deter progress and slow innovation. As business and
technology leaders, our partners quite simply are market makers and the Lab is
a proving ground for collaboration and invention."

Amdocs, a leading provider of software and services to the world's leading
communications and media companies, joins the Lab with a focus on helping
service providers accelerate the wave of 5G advancements around cloud, edge
computing, IoT and new customer experiences.  Said Anthony Goonetilleke, group
president of Media, Network and Technology, Amdocs, "We believe that 5G will
power the next generation of customer experiences, ranging from innovative
consumer applications to complex enterprise partnerships built on a long-tail
partner ecosystem.  We are excited to be part of this new venture in
accelerating creative collaboration between 5G leaders, working together to
bring seamless experiences to life while exploring diverse industry
applications of 5G, including autonomous vehicles, remote surgery and
immersive mobile VR and AR, among others."

As an essential technology company in the data era, Dell Technologies focuses
on enabling our customers build solutions that drive human progress. In
support of that vision, Dell Technologies is enabling Telecom organizations to
extend their capabilities, moving beyond today's connectivity to offer new
enterprise services that will ignite broad industry innovations and create new
revenue streams. Dell Technologies is committed to creating an open and modern
platform that leverages the latest 5G technologies to help companies reduce
costs, improve agility and the overall end-customer experience.

"Dell Technologies sees 5G as a key driver for digital transformation and can
facilitate the mobile connection between people, things, systems and
businesses resulting in a new and exciting era," said David Trigg, Vice
President of Ecosystems for Dell Technologies Telecom Systems Business. "We
firmly believe that the telecom industry must come together as an ecosystem to
provide more choice in how global communications networks are deployed and run
while driving out complexity and cost.  As a founding member, we see the 5G
Open Innovation Lab as a critical component in driving toward these goals,
benefiting the telecom industry and the customers that it serves globally."

As cloud and communications networks converge, Microsoft is providing
businesses globally with the hyperscale cloud infrastructure to move toward a
future that unlocks the full potential of 5G: simplifying and enriching
people's personal and professional lives. Microsoft will serve as the founding
public cloud partner of the 5G Open Innovation Lab and will play a key role in
supporting the Lab's work to accelerate enterprise startups and launch new
innovations. The Lab will create long-term, sustainable developer and
commercial ecosystems that will accelerate the delivery of exciting new
capabilities at the edge, including pervasive IoT intelligence and immersive
mixed reality.

"We believe optimized, cloud-native software plays an important role in
advancing 5G and creating new capabilities, new markets and new opportunities
for businesses and societies," said Leen Kashyap, Director, 5G Strategy and
Ecosystems for Microsoft. "It's collaborative efforts like this one, where
founders, members and participants are working together with unique strengths,
that will further advance this important technology."

VMware is helping communication service providers meet the increasing demand
for innovative 5G services by delivering a Telco Cloud platform that can
efficiently create, monetize, and deliver an array of new applications and
services for both consumer and enterprise segments. Said Shekar Ayyar,
executive vice president and general manager, Telco and Edge Cloud Business
Unit, VMware, "We are excited to join the 5G Open Innovation Lab as a founding
partner to help foster and support this global ecosystem of developers,
start-ups, enterprises, academia and government that are focused on helping to
provide the benefits of 5G to everyone."

The Lab announced last week that it has selected 16 companies as members of
the second cohort to  participate in its 12-week program. The Lab does not
take an equity position in its member companies.

About the 5G Open Innovation Lab

The 5G Open Innovation Lab (5G OI Lab) is a global ecosystem of corporate
enterprises, academia and government institutions working together with early-
and later-stage start-ups to fuel the development of new 5G capabilities and
market categories that will transform the way we work, live and play both now
and in the future. The Lab provides developers at all stages unparalleled
access to open platforms and markets needed to create, test and deploy new use
cases and innovations for 5G.  To learn more about the Lab and its ecosystem
of companies, please visit https://www.5GOILab.com/ or follow us on Twitter at
@5GOILab.

Media Contact:
Rich Phillips
[email protected] 
+1-512-270-1710

 

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SOURCE 5G Open Innovation Lab

Website: https://www.5goilab.com
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