incubed IT

History

2021: Verizon bought incubated IT

In mid-February 2021, Verizon announced the acquisition of the Austrian company incubated IT, which provides tools for controlling and optimizing the fleet of autonomous robots in industrial conditions (Robots Industrial).

Organizing and controlling autonomous robots is a real problem that many enterprises face today, "said Rima Qureshi, Verizon Director of Strategy. - By integrating embedded IT software into the Verizon 5G platform, we can scale automation and more effectively control robotics-related business processes.

As Verizon continues to expand its 5G coverage area, along with the capacity and capabilities of mobile peripherals, incubated IT will open up new opportunities for corporations to manage a fleet of autonomous mobile robots. The inverted IT software allows robots to independently assess their position and move, and can also be easily integrated into almost any robot.

Verizon acquired incubated IT

The company's products include Smart Shuttle Navigation Toolkit, which transmits data in almost real time for navigation of autonomous mobile robots (AMR), a fleet management server that manages the fleet of AMR machines and routing operations, as well as a monitoring and data analytics system.

Next-generation embedded IT software and a stand-alone management server are fundamental components for the future development of ground-based robotics, "said Elise Neel, vice president of Verizon New Business Incubation. - By combining the capabilities of incubated IT with Verizon 5G's robust, fast platform, we will enable faster and less costly implementation of robotic automation in enterprises around the world.

Employees of incubated IT will join the Verizon New Business Incubation team. The deal is expected to close in the first half of 2021.^[1]

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