OPEN CALL
Understanding 5G’s Impact on the Future of Industrial Automation
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BACKGROUND
Now in its third cohort of startups, Newlab and Verizon’s 5G Studio continues its aim of addressing the challenges and opportunities presented by the advent of 5G technology, this time with a specific focus on manufacturing and warehouse processes. Leveraging the capabilities of 5G, the program aims to foster the development of innovative technologies that have the potential to revolutionize manufacturing processes, logistics, and operational workflows that can lead to smarter and more energy efficient factories, warehouses, and industrial systems.
OUR THESIS
Opportunity Spaces
One of the key aspects of the 5G revolution is its potential to usher in a new era of edge computing. Unlike traditional cloud computing, edge computing brings processing capabilities within devices and remote locations. This shift opens up new possibilities for businesses to optimize their operations and services. The lower latency and increased capacity of 5G makes it ideal for managing autonomous industrial units and enabling better connected devices. This enhances efficiency, reduces energy consumption, and promotes sustainability.
WHO SHOULD APPLY?
The Newlab 5G Studio program is designed for startups that envision leveraging 5G to revolutionize their industries. The ideal candidates include companies at the intersection of robotics, artificial intelligence, and 5G technology. Startups working on applications such as computer vision, edge computing, and automation are particularly encouraged to apply.
Autonomous Robotics Systems
Startups crafting intelligent, self-navigating robots and drones for industrial tasks, enhancing efficiency in manufacturing, logistics, and warehousing.
Industrial Sensors and Location Technology Providers
Companies innovating in sensors and location tech for precise asset tracking and process optimization in industrial settings, benefitting sectors like manufacturing and energy.
AI-Powered Machine Learning for Industrial Automation
Startups specializing in AI and machine learning solutions for industrial automation, focusing on intelligent algorithms to optimize processes and enhance operational performance in sectors like energy and manufacturing.