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EdgeQ’s Chipset-as-a-Service shifts the industry to a service-oriented pay-as-you-go model that allows customers to configure 5G and AI services through the unique software defined by the EdgeQ 5G chip base station
GRANDFATHER CLARA, California – (BUSINESS VENTURE) –
EdgeQ Inc., a 5G chip systems company, today introduced the industry’s first 5G chipset as a service, offering customers a future proof platform that can scale 5G and AI features as a feature of subscription payments. This new service model is the first in the chip industry to scale price, performance and performance as a function of need and usage. As 5G is expected to respond to a rich cross-section from endpoints ranging from consumer smartphones to industrial 4.0 automation to V2X communications to radio and distributed modular base stations, the traditional silicon approach to highly efficient unit-priced design for all markets no longer exists viable . Customers are looking for a subscription-based model with a different level of service to reflect needs and usage. The service-oriented model gives customers the freedom to scale from nominal to advanced 5G features such as ultra-reliable low-latency communications, geolocation services, massive MIMO, fine-grained network, and enhanced compatibility with other wireless protocols. By uniquely connecting EdgeQ’s base-controlled base station software to the chipset model as a service, customers can now focus on a virtualized 5G deployment model, where feature attributes can be turned on and off by software. EdgeQ’s unique combination of flexible chip architecture and software RAN (radio access network) stack allows customers to pay only for features that meet their real needs.
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EdgeQ’s new service model is the first in the chip industry to scale price, performance and performance as a function of need and usage. (Graphics: Business Wire)
Offering a chipset as a service, EdgeQ elevates the 5G Open Radio Network (O-RAN) to an even more configurable, resilient, open wireless infrastructure. Enterprise, telecommunications, and cloud providers can use EdgeQ to virtualize network resources, allowing for flexible scaling of 5G services on demand. Customers can accelerate their needs and requirements through multi-level subscription packages, thus minimizing massive upfront investments in fully loaded hardware. Network providers can instantly provide fine-tuned services (such as massive MIMO or ultra-reliable low-latency communication) and include a matching pricing model based on usage and value. EdgeQ’s 5G platform, compatible with ORAN, allows dynamic reconfiguration and future scaling without the need to break and replace embedded systems. And customers now have access to a smarter, more resilient, service-driven physical layer.
The Pay-as-you-go model provides cost-effectiveness and complete customization
EdgeQ uniquely brings 5G and AI together in a richly formatted but software-defined way. By using a paid subscription model, customers can choose specific 5G service packages that best reflect the level of customer support, coverage, bandwidth, and network services. As a result, organizations can deploy EdgeQ cheaply with basic 5G connectivity and then upgrade to more advanced services as their business needs evolve. This approach allows customers to reduce CAPEX costs in advance and risk investing in features and functionality that may never be used.
“EdgeQ is taking an innovative approach to the semiconductor business model in wireless infrastructure. As in other markets, the opportunity is to move from the initial cost to the pay-as-you-go model, and EdgeQ proposes to use this business model down to the chip level, said Joe Madden, chief analyst and founder of Mobile Experts Inc. “By creating a common architectural platform whose feature set is scaled by software, EdgeQ proposes to shift the value from fixed hardware design to flexible software differentiation. This could save money over the life of the radio, allowing for quick and easy software upgrades for new features, moving the hardware-based radio market in the same direction as the virtual networks used in the cloud. ”
EdgeQ’s new business model gives organizations the flexibility and scalability to manage and maintain their networks seamlessly. Control and management become entirely cloud-based. Price indicators become closely related to real needs. And customers can now dynamically scale their 5G networks in an environment known for its long lifecycle and unpredictable unknowns.
“Our vision at EdgeQ has always been to implement 5G in a format that is accessible, consumable and intuitive for our customers. EdgeQ is not only the first company to bring 5G and AI together on a single chip for wireless infrastructure, but we can also provide these capabilities in a SaaS model. This fundamentally reduces the initial capital investment required for 5G, thus removing both technical and economic barriers to 5G adaptation in green companies, ”said Vinay Ravuri, CEO and founder of EdgeQ. “This on-the-fly payment model ensures that changing market requirements can take advantage of the full smoothness and resilience of the 5G product as a service of EdgeQ.”
EdgeQ is a leading innovator in 5G systems on a chip. The company is headquartered in Santa Clara, California, with offices in San Diego, California and Bangalore, India. Led by executives from Qualcomm, Intel and Broadcom, EdgeQ is a pioneer in converged connectivity and AI that is fully software and programmable. The company is supported by leading investors, including Threshold Partners, Fusion Fund and AME Cloud Ventures, among others. To learn more about EdgeQ, visit www.edgeq.io
See the source version of businesswire.com: https://www.businesswire.com/news/home/20210615005275/en/
Jordan Tuell, 10Fold Communications
Source: EdgeQ Inc.