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Marvell Collaborates with Industry Leaders to Deliver NTT DOCOMO OREX RAN Solutions

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Marvell Technology collaborates with Dell Technologies, Fujitsu, and Wind River to develop Open RAN solutions for NTT DOCOMO's OREX RAN infrastructure. Marvell's OCTEON 10 Fusion processors offer leading performance per watt, showcased at MWC Barcelona. Open RAN expected to grow to 20-30% of worldwide RAN revenues by 2028.
Positive
  • Collaboration with leading companies to develop Open RAN solutions for NTT DOCOMO.
  • Marvell's OCTEON 10 Fusion processors optimized for 5G Layer 1 performance.
  • Open RAN projected to increase to 20-30% of global RAN revenues by 2028.
  • Marvell showcased technology at MWC Barcelona 2024.
  • Marvell's specialized silicon chips enhance backbone system performance.
  • OCTEON 10 Fusion processors designed for RAN networks, enterprise networks, and cloud data centers.
  • Collaborative ecosystem aims to enhance Open RAN systems' performance and features.
  • Marvell's technology meets NTT DOCOMO's OREX RAN specifications.
  • Industry collaboration essential for Open RAN expansion and technology ecosystem.
  • Marvell's OCTEON 10 processors extend Dell's Open RAN Accelerator Card capabilities for advanced 5G features.
  • Fujitsu to leverage Marvell technology for 5G virtualized base station advancement.
  • Wind River contributes Wind River Studio to NTT DOCOMO OREX RAN platform for cloud-native architecture.
  • Marvell's collaboration with industry leaders to accelerate flexible deployment of secure 5G networks globally.
Negative
  • None.

Insights

The announcement of Marvell Technology's collaboration with Dell Technologies, Fujitsu and Wind River to deliver Open RAN solutions represents a significant development in the telecommunications sector. Open RAN, short for Open Radio Access Network, is an emerging technology paradigm that allows for a more flexible and interoperable deployment of cellular network infrastructure. By using standardized and open interfaces, operators can mix and match hardware and software from different vendors, potentially leading to cost savings and innovation.

Marvell's OCTEON 10 Fusion processors are designed to meet the specific needs of 5G networks, such as massive MIMO beamforming and layer 1 acceleration, which are critical for high-speed data transmission and network reliability. The processors' optimization for performance per watt addresses a key concern in the telecommunications industry: energy efficiency. As 5G networks expand, the demand for energy-efficient solutions that do not sacrifice performance is paramount and Marvell's technology appears to be a step in the right direction.

The collaboration's impact on the market could be substantial. The Dell'Oro Group's forecast that Open RAN will account for 20-30% of worldwide RAN revenues by 2028 underscores the potential for significant market share shifts. Companies that are early adopters and contributors to the Open RAN ecosystem, like Marvell, could benefit from first-mover advantages and establish themselves as leaders in this space.

For investors, the strategic collaboration between Marvell Technology and its partners in developing Open RAN solutions could have financial implications. Marvell's involvement in NTT DOCOMO's OREX RAN infrastructure indicates a potential increase in demand for Marvell's OCTEON 10 Fusion processors. This demand could lead to revenue growth and possibly market share expansion in the competitive semiconductor space.

Moreover, the partnership with major technology companies like Dell Technologies and Fujitsu may enhance investor confidence in Marvell's ability to execute on large-scale projects and drive innovation. The commercial availability of these Open RAN solutions to carriers like NTT DOCOMO also suggests that Marvell is moving beyond the development phase and into the deployment phase, which may translate into tangible financial results in the near term.

Investors should monitor the adoption rate of Open RAN solutions and Marvell's performance in this market segment. An increase in adoption could provide a recurring revenue stream for Marvell, while slow adoption or technical challenges could pose risks to expected financial outcomes.

Marvell's emphasis on performance per watt with its OCTEON 10 Fusion processors touches upon the critical issue of energy consumption in the telecommunications industry. The energy efficiency of data infrastructure is becoming increasingly important as the deployment of 5G networks accelerates globally. Efficient processors not only reduce operational costs for carriers but also contribute to sustainability goals, an area of growing concern and regulatory scrutiny.

Marvell's approach to optimizing the design of its processors to reduce power consumption while maintaining high performance is aligned with industry trends towards green technology. The ability to perform AI inferencing in real-time with network data using a neural processing unit suggests Marvell is leveraging advanced technology to address both the performance demands and the energy efficiency requirements of modern networks.

Stakeholders, including investors, regulators and carriers, should consider the long-term benefits of adopting energy-efficient technologies. The potential for reduced operational expenditures and alignment with environmental standards makes Marvell's technology an attractive proposition for carriers prioritizing sustainability alongside network performance.

  • Technology from Dell Technologies, Fujitsu and Wind River combine with Marvell silicon to deliver Open RAN solutions, now available.
  • Optimized for 5G Layer 1, Marvell® OCTEON 10 Fusion® brings leading performance per watt.
  • OCTEON 10 Fusion technology on display at MWC Barcelona this week.

BARCELONA, Spain and SANTA CLARA, Calif., Feb. 26, 2024 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it has collaborated with leading companies to develop Open RAN solutions for use in NTT DOCOMO's OREX RAN infrastructure. Together, Marvell, Dell Technologies, Fujitsu and Wind River have combined critical silicon, system and software expertise to create Open RAN offerings that are commercially available to NTT DOCOMO and other carriers. Open RAN is set to account for 20-30% of worldwide RAN revenues by 2028, up from 7%-10% in 2024, according to a February 2024 report by Dell'Oro Group1.

Marvell develops silicon for data infrastructure, bringing to market highly specialized chips for improving the performance of backbone systems. The Marvell OCTEON 10 Fusion processors perform the highly demanding massive MIMO beamforming tasks concentrated in the radio unit and layer 1 acceleration in the Distributed Unit. OCTEON® 10 is a family of processors optimized for different applications and use cases, including RAN networks, enterprise networks and cloud data centers. OCTEON 10 Fusion contains additional digital signal processors for radio performance, a unique neural processing unit for conducting AI inferencing in real-time with network data, and high-performance Arm® Neoverse™ N2 processors. This optimized approach to design reduces power and increases performance per watt in wireless networks. 

"By working in a collaborative ecosystem, Marvell is helping raise the performance of Open RAN systems, striving for power, functionality and features on par with traditional 5G RAN systems," said Will Chu, senior vice president and general manager, Custom, Compute and Storage Group at Marvell. "The fourth generation of Marvell OCTEON 10 technology meets the demanding requirements of NTT DOCOMO's OREX RAN specifications. We're excited to move the Open RAN market forward alongside NTT DOCOMO, Dell Technologies, Fujitsu and Wind River."

"The characteristics of a dense metropolitan area like Tokyo allow us to realize the efficiencies of the cloud architecture. The Marvell solution uniquely blends the optimized accelerators prevalent in today's deployments into the cloud environment," said Sadayuki Abeta, OREX evangelist and global head of Open RAN Solutions at NTT DOCOMO.

"Industry collaboration is essential to the expansion of Open RAN and this technology ecosystem provides the performance and cost efficiency required by NTT DOCOMO," said Andrew Vaz, vice president, product management, Telecom Systems Business, at Dell Technologies. "Marvell's OCTEON 10 processors extend the performance and features of the Dell Open RAN Accelerator Card to deliver advanced 5G capabilities that network operators demand."

"Marvell OCTEON technology will enable us to further advance our 5G virtualized base station by adding powerful solutions such as LTE and millimeter wave for 5G functionality. Through our collaboration with Marvell, Fujitsu is committed to developing a mobile solution based on an open network architecture, helping service providers to accelerate the flexible deployment of the robust and secure 5G networks around the globe," said Masaki Taniguchi, senior vice president, head of Mobile System Business Unit at Fujitsu.

"Wind River is honored to work with Marvell, NTT DOCOMO, Dell Technologies, and Fujitsu. A collaborative ecosystem is critical to delivering O-RAN solutions to market. Wind River has contributed Wind River Studio, a proven solution with global service providers and a key piece of the Open RAN stack, to be a part of the NTT DOCOMO OREX RAN platform. Wind River Studio delivers a fully cloud-native, Kubernetes- and container-based architecture for the development, deployment, operations, and servicing of distributed edge networks at scale," said Paul Miller, Chief Technology Officer at Wind River. "We look forward to our ongoing collaboration with Marvell."

Visit Marvell at MWC Barcelona 2024, taking place through February 29, in stand 2F34 in Hall 2 at the Fira Gran Via.

About Marvell
To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.

1: February 2024 report by Dell'Oro Group

Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.

This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, contact:
Michael Kanellos
pr@marvell.com

Marvell is a leading provider of infrastructure semiconductor solutions. (PRNewsfoto/Marvell Technology Group Ltd.)

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SOURCE Marvell

FAQ

What companies collaborated with Marvell to develop Open RAN solutions for NTT DOCOMO?

Dell Technologies, Fujitsu, and Wind River collaborated with Marvell.

What is the ticker symbol for Marvell Technology?

The ticker symbol for Marvell Technology is MRVL.

Where was Marvell's OCTEON 10 Fusion technology displayed?

Marvell's OCTEON 10 Fusion technology was showcased at MWC Barcelona.

What percentage of worldwide RAN revenues is Open RAN projected to account for by 2028?

Open RAN is expected to represent 20-30% of global RAN revenues by 2028.

What type of processors are Marvell's OCTEON 10 Fusion processors optimized for?

Marvell's OCTEON 10 Fusion processors are optimized for 5G Layer 1 performance.

Marvell Technology, Inc.

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