Verizon Communications Inc. (NYSE:VZ) has partnered with Unity Software Inc. (NYSE:U) have partnered to enable new experiences, which range from entertainment applications to enterprise toolkits employing Mobile edge computing, real-time 3d tech, and 5G.
Verizon and Unity transforming the real-time economy
The companies are developing offerings for entertainment and game developers and enterprise clients. They will leverage Verizon’s 5G Edge MEC services and the 5G Ultra Wideband network with Unity’s platform to create and operate real-time 3D content.
Currently, the world is changing into a real-time economy where enterprises and consumers demand content and computing at high speed. Therefore, the combination of Unity’s 3D development platform and Verizon’s MEC and 5G tech will enable several high-performance 3D applications without needing expensive hardware. MEC and 5G are game-changing and they will render rich 3D environments in real-time in the retail, sports, and gaming sectors that provide instant content to customers. Also, the companies will leverage MEC and 5G Ultra’s high bandwidth, faster speeds, and ultra-low latency in enabling interactive 3D applications.
Unity’s VP Solutions, Ryan Peterson said that the world currently demands high-speed, AAA content, irrespective of the application. He said that 5G will be very important for the company in facilitating real-time 3D experiences and help the company meet demands on the real-time economy.
Verizon’s MEC and 5G transforming businesses
The partnership is part of Verizon’s broader strategy of aligning with startups, enterprises, government, and institutions to explore how MEC and 5G can transform various industries. The companies will explore how the technology can transform business designs as well as build and run a real-time economy.
Verizon Business CEO, Tami Erwin said the MEC and 5G will transform entertainment and gaming experiences. He added that businesses have accelerated the shit into digital space for supply chain, customer experience, and employees. Verizon stated commercial deployment of the MEC platform in August 2020 with Amazon Web Services. In the past, it has partnered with companies such as LG Electronics, Savari, Deloitte, Harman International, and Renovo to test MEC applications.