NTT Ltd., a leading IT infrastructure and services company, announced a strategic agreement with Qualcomm Technologies, Inc., a global leader in semiconductor technologies, to invest in the Invest in and accelerate the development of the 5G device ecosystem to facilitate private 5G adoption, critical to leveraging AI at the edge.
As part of a multi-year commitment, NTT and Qualcomm Technologies will advance the development of 5G-ready devices to accelerate innovation among global enterprise customers. This is a critical catalyst to drive widespread enterprise adoption of private 5G – a market that IDC estimates will be more than $8 billion by 2026. Qualcomm Technologies’ leadership in application-specific semiconductors and 5G chipsets, combined with NTT’s leadership in Private 5G, will strengthen the 5G ecosystem, advance AI processing at the edge, and drive innovation across industries.
Advancing the 5G device ecosystem
As companies accelerate their digitalization efforts, more connectivity and even more devices will be needed. NTT and Qualcomm Technologies will leverage their combined expertise to address the need for 5G-ready devices that address use cases such as push-to-talk devices, augmented reality headsets, computer vision cameras and sensors at the edge in manufacturing , the automotive industry, logistics and other sectors.
“This collaboration is really exciting as we respond to customer demand. Together with Qualcomm Technologies, we will strengthen the 5G ecosystem by delivering the devices our customers need in a simple and cost-effective way, supporting them on their digital transformation journey,” said Shahid Ahmed, Executive Vice President, New Ventures & Innovation at NTT Ltd. “By working with Qualcomm Technologies, we will further accelerate the demand for private 5G across global industries.”
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“The proliferation of 5G-enabled devices is a critical component in shaping a more digital and sustainable future. This forms the backbone of many technological advances that can improve efficiency and sustainability through efficient resource management and energy conservation and are central to innovation across various industries,” said Mark Bidinger, President, Commercial & Industrial Segments & Channels at Schneider Electric. “NTT’s collaboration with Qualcomm is a significant step forward to advance private 5G deployment and meet the unique needs of the Internet of Things and machine learning.”
Accelerate AI adoption at the edge
For AI to scale and impact business operations and the bottom line, AI processing must occur in a hybrid form – both in the cloud and at the edge of the network. The chip Qualcomm Technologies is developing includes integrated AI and machine learning models, making it well positioned for growing AI capabilities at the edge. Qualcomm Technologies’ experience in scaling AI technologies enables the company to serve a wide range of devices and applications such as smartphones, laptops, sensors, automotive solutions and networks.
“Qualcomm Technologies’ 5G chipsets are poised for widespread adoption of AI applications at the edge, and together with NTT, we will drive innovative change across the entire 5G device ecosystem,” said Jeffery Torrance, Senior Vice President & General Manager, Connected Smart Systems, Qualcomm Technologies, Inc. “NTT is the voice of the customer and, combined with Qualcomm Technologies’ semiconductor expertise, we can enable OEMs to build the devices that will benefit a wide range of use cases and customers. “
Qualcomm Technologies and NTT will work together to deliver 5G-ready devices with Qualcomm Technologies’ 5G chipsets built-in AI models to improve AI at the edge through various applications such as: B. Image recognition, whose capabilities range from counting objects and identifying object characteristics to checking workers wearing protective masks or hard hats (PPE). The use of AI applications via NTT’s Edge as a Service will help companies with workplace safety, optimization and security.
SOURCE: BusinessWire
