Verizon Launches Exponent Technologies, a New Technology and Business Venture Designed to Accelerate Growth for Global Carriers

Mumbai, India: Verizon announced today the global launch of Exponent Technologies, a new business and technology venture offering a unique portfolio of software and internet platforms designed to enable carriers around the world to quickly deploy and launch next-generation solutions.

Exponent offers a foundation for carriers to fuel their digital transformation and compete with a range of new digital service providers by expanding their Big Data and Artificial Intelligence, Internet of Things (IoT), Media Services and other Internet Service Delivery platforms. Exponent combines Verizon’s cutting edge expertise and innovation, through its extensive research and development, to provide carriers with the right tools and services to usher in the next generation of growth.

As carriers transform their businesses to meet consumers’ evolving digital expectations, Exponent provides a critical foundation for new products and services to enable them to optimize performance, manage scalability, expand technology solutions and monetize assets.

“As carriers around the world seek to compete with new, emerging technology players and OTT service providers, Exponent provides a cost-effective way for them to leverage Verizon’s investment and experience to diversify and help grow their revenue streams while relying on our tradition of innovation, reliability and excellence,” said Brian Higgins, Vice President and GM – Global Products at Verizon. “Our launch of Exponent demonstrates our commitment to providing best-in-class experiences and services to our partners and customers.”

Exponent platforms provide a broad range of business and technical benefits to carriers including:

· Exponent Big Data and Artificial Intelligence Platform – through the application of advance machine learning techniques, deep analytics, and artificial intelligence, exponent’s Big Data and AI platform enables service providers to analyze and predict end users usage and behavior patterns, enabling new and unique revenue streams.

· Exponent IoT Platform – a comprehensive platform where carriers can manage all end users devices and connections, host applications for consumption by the broader ecosystem and provide a robust set of tools for the developer community. From chipset to application delivery management, Exponent’s IoT platform is a one stop shop for all IoT needs.

· Exponent Cloud Computing and Storage Platform – designed from the ground up, this container-based, open source computing and storage platform, enables the carrier community to quickly and flexibly scale to the customers ever increasing usage demands

· Exponent Media Services Platform – a full suite of media solutions to handle everything form content ingestion to the final user device. With this platform carriers can service traditional linear TV, OTT and mobile services and rely on Exponent’s platform to handle the complexity to deliver a great customer experience

Exponent Internet Services Delivery Platform – a flow based network delivery platform that delivers the ability for operators to maximize their investment and differentiate themselves in the marketplace through dynamic traffic steering capabilities, data and video optimization, and unique dynamic billing models

All of Exponent’s Platforms are designed and engineered to be highly scalable, interoperable and micro-services based. These key design philosophies simplify carrier deployment timelines to begin generating revenue as quickly as possible.

“Exponent’s approach of designing and deploying platforms with an open architecture model offers carriers an innovative and much-needed entry into new growth areas, while mitigating the required investment and resources to get started. There is significant value for both sides in this model.” said Courtney Munroe, Group Vice President at IDC Research.

Learn more about Exponent Technologies at the Verizon Operator Marketplace Speaker Series at Mobile World Congress in Barcelona on February 27, 2017. Over the four days of Mobile World Congress, Verizon will be hosting a dynamic Operator Marketplace and an engaging speaker series, showcasing products and solutions that are disrupting the technology industry. See firsthand and learn from top leaders about how innovation in platforms, content, and advertising will shape the future on a global scale.

For additional information about Exponent Technologies, visit www.exponentplatforms.com.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 160,900 and generated nearly $126 billion in 2016 revenues. Verizon operates America’s most reliable wireless network, with 114.2 million retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation’s premier all-fiber network, and delivers integrated business solutions to customers worldwide.