Market Insight

Verizon strengthens its IoT game with new ThingSpace announcement

November 13, 2015  | Subscribers Only

Sam Lucero Sam Lucero Senior Principal Analyst, IoT Platforms

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On 27 October 2015, at a major presentation to press and analysts in San Francisco, Verizon unveiled an updated IoT strategy, anchored by the announcement of its ThingSpace IoT platform. Verizon’s strategy is to remediate three key continuing challenges in the IoT market: cost, complexity, and fragmentation. One of the surprises of Verizon’s announcement is an unspoken acknowledgement that it...

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