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Mark Jules joins Verizon to run new Sensor Intelligence Organization

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Verizon has appointed Mark Jules as the Head of Sensor Intelligence, a position aimed at enhancing automation solutions using the company's 5G Ultra Wideband network. This role is part of the New Business Incubation team and focuses on leveraging sensor data for improved efficiency. Jules, with over 20 years of experience in IoT and smart spaces, aims to drive advancements in sensor fusion technologies. Verizon has a notable portfolio in IoT solutions, contributing to its $128.3 billion revenue in 2020.

Positive
  • Mark Jules' appointment signals a strategic move to enhance 5G automation solutions.
  • The focus on sensor intelligence may increase operational efficiencies for Verizon's enterprise customers.
  • Verizon's existing strong IoT portfolio positions the company well for growth in this segment.
Negative
  • None.

BASKING RIDGE, N.J., May 26, 2021 (GLOBE NEWSWIRE) -- Mark Jules has been appointed Head of Sensor Intelligence for Verizon. Part of the New Business Incubation team, this organization will be central to scaling new automation solutions that leverage the capacity, ultra-low latency and massive throughput of Verizon’s 5G Ultra Wideband network to process and synthesize real-time sensor data. This fusion technique will create new opportunities for Verizon customers to gain insight efficiency with the power and reliability of 5G.

“I look forward to bringing my more than 20 years of experience in smart spaces and IoT to enhance the work the Verizon team is doing in this space,” said Jules. “With a sustained focus on sensor fusion capabilities for spaces and places, we will further the work of our Digital Space Orchestration, robotics and IoT teams to better meet the needs of enterprises everywhere.”

Jules joins Verizon from Hitachi where he most recently served as Global Vice President of Smart Spaces and Video Intelligence.

“Mark is a visionary leader whose expertise in pioneering business strategies for emerging technologies, particularly in smart spaces and IoT, uniquely positions him to scale this business,” said Elise Neel, Vice President of New Business Incubation. “When we pair the focus of our teams within New Business Incubation with Mark’s background and the power of the Verizon network, we will enable enterprises to better automate, track and manage their assets.”

In the last decade, Verizon has built a dynamic portfolio of IoT platforms and solutions including connectivity for OEM, connected asset tracking and condition monitoring, IoT device and ecosystem management, smart energy and utilities solutions, and more.

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contacts:
Leila Qualheim
Leila.Qualheim@verizon.com
720.626.0506


FAQ

What is the significance of Mark Jules' appointment at Verizon?

Mark Jules has been appointed as the Head of Sensor Intelligence, focusing on enhancing automation solutions leveraging Verizon's 5G network.

How will the new role of Head of Sensor Intelligence affect Verizon's business?

The role aims to improve efficiency in processing sensor data, potentially driving growth in Verizon's IoT solutions.

What is Verizon's revenue performance reported in 2020?

Verizon generated revenues of $128.3 billion in 2020.

What technologies will Mark Jules' team focus on?

The team will focus on sensor fusion and automation technologies within the IoT space.

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