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Verizon to roll out new LTE IoT solution for Neptune Technology Group to drive sustainability in water industryLAS VEGAS, Sept. 6, 2016 /PRNewswire/ -- Verizon today announced that it will provide a new Cat M1 IoT (Internet of Things) solution for industry-leading water metering technology provider Neptune Technology Group. The solution is designed to equip Neptune with a robust, scalable and secure connectivity platform to help water utility companies reduce costs and accelerate sustainability efforts. This is part of a range of initiatives Verizon is working on to deliver innovative IoT solutions tailored to meet the complex needs of other types of utilities, including reducing development costs, improving integration requirements and reducing time to implementation. "We are excited to work with Verizon to develop next-generation IoT products to help address the many challenges faced by water utilities," said Don Deemer, executive vice president, Neptune Technology Group. "We've leveraged Neptune's expertise in rugged water utility endpoints and have combined that with Verizon's Technologies' technical expertise to deliver a compelling offering. The collaboration has resulted in a long-life AMI network that eliminates the utility's need to deploy and manage network infrastructure." Announced at the start of CTIA Super Mobility 2016, key solutions that Verizon is bringing to bear for the utilities industry include:
"We are pleased to collaborate with Neptune to invest in R&D that helps to reduce barriers commonly associated with IoT such as fragmented ecosystems and a lack of standards," said Mark Bartolomeo, vice president IoT Connected Solutions at Verizon. "Driving innovation on 4G LTE to deliver a unified, reliable, scalable and secure platform optimized for IoT deployments is core to our strategy." "Utilities drive some of the most demanding connectivity requirements within the Internet of Things," said Raj Talluri, senior vice president, product management, Qualcomm Technologies, Inc. "4G LTE networks such as Verizon's, together with our LTE modem solutions, have evolved to meet or exceed those demands, and these products deliver the ubiquitous coverage, scalability, quality of service, reliability, long battery life, and security required to support utility operations." About Neptune Technology Group About Verizon Verizon's Online News Center: News releases, feature stories, executive biographies and media contacts are available at Verizon's online News Center at www.verizon.com/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contacts: Adria Tomaszewski Logo - http://photos.prnewswire.com/prnh/20160527/373129LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/verizon-to-roll-out-new-lte-iot-solution-for-neptune-technology-group-to-drive-sustainability-in-water-industry-300322454.html SOURCE Verizon |