blog | press release
Nearby Computing and Druid Software partner to deliver industry-leading yet cost-efficient and fully automated 5G+MEC solutions, to expand the adoption of Mobile Private Networks by industries
Barcelona, Spain, July, 2023
Accordingly, enterprises willing to deploy private connectivity and services at their production sites will have access to the most powerful and reliable yet compact Private 5G solution, deployed in minutes instead of weeks, and will gain immediate access to managed Edge Computing applications.
After more than 10 commercial and innovation projects carried out together, both companies have decided to ally and jointly bring to the market a solution designed to unlock a wide adoption of mobile private 5G networks. The solution is the most flexible in the market, as it can be deployed in different environments, from any hyperscaler infrastructure to private clouds and even on-premises. Also, full scalability is allowed: customers can start with a light solution that can progressively grow up to thousands of connected devices. Finally, both companies ensure a fully streamlined Day-0 deployment and automated lifecycle management, saving up to 90% of operation time and minimizing operation costs.
NearbyOne includes an open application marketplace, bridging the gap between connectivity-only and a full Edge Computing ecosystem, by enabling companies to onboard as a Service some of the key Industry 4.0 or IoT applications.
The NearbyOne + Raemis solution can be leveraged directly by companies in countries where spectrum is accessible, or by service providers willing to propose to their customers a highly competitive offer of private connectivity and managed services.
With the scalability and versatility of Nearby Computing’s platform and the ease of use of Druid´s 5G core, use cases such as Private Communications, Video Analytics, Drones and Mission Critical Push to Talk are now available for customers to leverage and run at all their distributed sites. The joint solution also brings a fully capable observability stack, to be leveraged by Telco Operator, system integrators or even the companies’ network teams to build a complete support environment and enable the solution to manage critical operations.
According to Analysis Mason, spending on private network will reach USD 7.7B in 2027
As the requirement for private networks grows, the complexity of these solutions requires specific tools to manage and automate the various infrastructures, network functions and applications. To make a viable solution, a robust and easy-to-use private cloud-native core needs to be paired with a flexible and scalable solution that can orchestrate everything from a single site all the way to a widely distributed network, preferably from a single interface.
Beyond the forecasted expenses on connectivity, the rise of MEC applications is expected to be connected to Private 5G development. STL Partners size the edge computing market in USD445B by 2030.