Nokia and Palo Alto Networks are the newest business partners in the 5G Open Innovation Lab. The 5G OI Lab is an open innovation model that connects and collaborates influential entrepreneurs, global tech platform leaders, industry partners, and investors. Its concept focuses on identifying enterprise-ready application cases that take use of 5G and edge computing’s revolutionary potential.
The Lab also revealed the 12 multi-stage entrepreneurs that will be a part of the elite program’s fifth cohort, which began last week.
Intel, Microsoft, T-Mobile, Dell Technologies, Amdocs, VMware, Avanade, F5, Spirent, Ericsson, and CNH Industrial are among the 5G OI Lab’s partners, and they work together and directly with Lab startups to provide business and technical mentorship, as well as collaborate on potential proof of concept, go to market, and other opportunities.
“Our partner-first approach to collaborative innovation has helped the Lab standout globally. We are humbled to have Nokia and Palo Alto Networks join our ecosystem,” said Jim Brisimitzis, Founder and Managing Partner of the 5G Open Innovation Lab. “Working with our other partners and startups, Nokia and Palo Alto Networks significantly expand the opportunities and potential to unleash the power and true value of edge and 5G enabled connectivity.”
Network Slicing, Multi-Access Edge Computing
“5G’s lightning-fast speed and ultra-low latency are game changers for wireless connectivity and the plethora of new industry applications it can enable,” said Ed Alfonso, Executive Vice President and General Manager of Nokia America’s Mobile Networks. “What’s also game changing is how 5G will reach its full potential – which will be achieved through partnerships with industry, academia and government and through ecosystems such as those that 5G Open Innovation Lab has created. Working together, we can prove out new 5G and edge use cases and collaborate directly with the startup community that is dreaming up even bigger applications for 5G. Nokia is dedicated to participating in 5G OI Lab’s programs with our industry-leading 5G technology and experts.”
“How we dream and develop the next applications and innovations for 5G cannot be done without security considerations and requirements, like securing network slices and multi-access edge computing, for those innovations and applications baked in from the start,” said Keith O’Brien, CTO Service Providers for Palo Alto Networks. “Palo Alto Networks is excited to join the 5G Open Innovation Lab to help these innovative startups to embrace cybersecurity as an enabler of their success and mentor them as they bring these next gen capabilities securely to market.”