Verizon Business and BlackRock announced today that BlackRock’s new global headquarters at 50 Hudson Yards in New York will feature a private 5G network from Verizon.
The deal brings secure 5G Ultra-Wideband connectivity to areas of BlackRock’s brand-new Hudson Yards facility where high speed and low latency are put to optimal use, such as its trading floor, client-facing conference center, cutting edge auditorium, and meeting rooms.
The On Site 5G deployment can replace office WiFi and allows BlackRock to take advantage of workplace-of-the-future tools and applications including virtual enhanced training, AR/VR, enhanced security management and monitoring, real-time edge computing, and emerging data-centric technologies that require high bandwidth and low latency.
“5G Ultra Wideband is the platform for 21st-century business and should be a prerequisite for any workplace that aims to be state of the art and future-ready,” said Tami Erwin, CEO of Verizon Business.
“BlackRock’s decision to outfit their new headquarters with On-Site 5G from Verizon Business puts them at the forefront of data-centric innovation, in full view of clients, guests, and partners, who can enjoy the on-premises private network and all its benefits as well.”
“Our vision from the very beginning was to create a world-class, tech-centric experience for our people and our clients,” said Rob Goldstein, COO of BlackRock. “Partnering with Verizon Business to deploy On-Site 5G at our new headquarters will help us turn that vision into reality. As we usher in a new world of work, the vibrant and dynamic environment that we are looking to create will give our people the best opportunities to succeed and better serve our clients.”
On-Site 5G is a secure non-standalone private network that combines 5G Ultra-Wideband small cells with an LTE packet core and supporting radios, providing compatibility with a wide range of both LTE and 5G devices. The offering uses 5G radios from Corning Incorporated.
As 5G technology and capabilities advance and evolve, On-Site 5G provides customers with a scalable, customizable platform to take advantage of developments in burgeoning technologies such as IoT, AI/ML, AR/VR, real-time edge compute, and much more.