News Wire Feed Light Reading 2/16/2021
BASKING RIDGE, N.J. Today, Verizon announced it has entered into a definitive agreement to acquire incubed IT, the creator of a software platform providing autonomous navigation tools to administer, manage and optimize mixed fleets of robots in industrial settings. This acquisition further demonstrates Verizon s commitment to developing new and innovative businesses and use cases leveraging the power of 5G, said Rima Qureshi, Chief Strategy Officer at Verizon. Mobile robot orchestration is a real and emerging challenge faced by enterprises today. By integrating incubed IT s autonomous software with Verizon s 5G platform, we will have the ability to power robotic automation at scale. This will create new opportunities for enterprise customers to better and more effectively monitor and optimize their business processes.