Verizon (VZ) and Vonage, a part of Ericsson (ERIC), have entered into a memorandum of understanding outlining their intention to introduce Verizon network Application Programming Interfaces to the Vonage platform that will enable the developer community to access network services and capabilities. The companies will also collaborate in developing new APIs, an important step in creating an ecosystem of network APIs that can be leveraged by developers to build secure, reliable and innovative applications. The plan to integrate the Verizon network services into Vonage’s platform will enable enterprises to create deeper engagement with consumers across the customer journey to drive a better overall experience and brand loyalty. The collaboration will build on existing APIs to innovate on next generation, advanced APIs that will drive the global industry forward towards easy, ubiquitous access to cutting-edge network capabilities. This is essential to unleash the full potential of the 5G network, speed digital transformation within enterprises and create incremental monetization of network assets.
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