13 June 2019, London, UK – ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has won the Leading Contribution to Network Slicing Award at the 5G World Summit for its 5G slicing wholesale solution, which fully demonstrates ZTE’s innovation capabilities and leading position in the 5G field.
The 5G slicing wholesale solution encourages vertical industries to participate in network slice orchestration and lifecycle management based on the B2B business mode. Based on the orchestration open capability for vertical industries, this solution features slice SLA customization, real-time KPI monitoring, enhanced charging, and network slice lifecycle management, greatly promoting 5G commercialization and helping vertical industries reduce OPEX and CAPEX.
In February 2019, ZTE launched the first 5G “Slice Store”, in which industry users can select predefined slice templates and set SLA parameters based on industry characteristics. Industry users can automatically deploy and activate the network slice in one step. When the number of users increases or the KPI decreases, the system can automatically adjust resources to adapt to KPI changes. Currently, the 5G slicing wholesale solution is widely used in various vertical industries to meet the requirements of 5G trials.
To date, ZTE has deployed over 420 commercial/POC virtualized network projects around the world. ZTE has cooperated with more than 40 operators worldwide in the 5G field and participated in standards organizations as well as open source communities, such as ETSI, 3GPP, DPDK, OpenStack, LF Networking, LF Deep Learning and CNCF, to promote 5G technologies, standardization and 5G commercialization as well.
ZTE is a provider of advanced telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. As part of ZTE’s strategy, the company is committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE’s products and services are sold to over 500 operators in more than 160 countries. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in international standard-setting organizations. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. For more information, please visit www.zte.com.cn.
Tel: +86 755 26775189
Email: [email protected]
Syndicated from http://www.realwire.com/releases/ZTE-wins-Leading-Contribution-to-Network-Slicing-Award-at-5G-World-Summit