Network provider Verizon has acquired Austrian-based incubed IT, the creator of a software platform that provides autonomous navigation tools to administer, manage and optimize mixed fleets of robots in industrial settings. This acquisition will expand Verizon’s robotic capabilities to power robotic automation for enterprise customers, for a large part based on 5G.
As Verizon continues to expand its 5G coverage, capacity, and mobile edge compute capabilities, incubed IT’s autonomous software will enable enterprise customers to gain new efficiencies as they scale their autonomous mobile robot fleets. incubed IT’s software enables robots to localize and navigate autonomously and can be easily integrated into nearly any mobile robot.
Their products include:
- Smart Shuttle Navigation Toolkit: Transmits near real-time data to navigate autonomous mobile robots (AMRs)
- Fleet Management Server: Manages AMR Fleet & Routing Operations
- Data Monitoring & Analytics: Near real-time monitoring and advanced reporting
“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.”
“incubed IT’s next-generation software and autonomous fleet management server are foundational components for the future of terrestrial robotics,” said Elise Neel, Vice President of Verizon New Business Incubation. “When we combine incubed IT’s capabilities with the reliability, responsiveness and vast capabilities of Verizon’s 5G platform, we will enable faster, less expensive and more effective adoption of robotic automation for enterprises everywhere.”
incubed IT’s employees will join the Verizon New Business Incubation team, whose mission is to scale new automation businesses, fueled by the inherent orchestration power of 5G. The incubed IT team will continue to drive development, sales and support for its customers and suite of products across an impressive fleet of diversified robotic partners.