Nokia on Nov. 19, announced that it has deployed private wireless networks for more than 120 customers across multiple industries and geographies, helping its enterprise customers take advantage of Industry 4.0 innovation.
Unleashing the potential of Industry 4.0 technologies such as cloud, IoT, AI and machine learning, Nokia’s private LTE/4.9G and 5G wireless networking solutions have established a global marketplace footprint across energy, transportation, public sector, manufacturing and logistics.
Kathrin Buvac, president of Nokia Enterprise said, “Enterprises who invest in Industry 4.0 today will gain a clear competitive advantage over those who chose to wait. With spectrum and new technologies that have become available, enterprises can deploy industrial-grade wireless connectivity to capture the transformational benefits of digitalization and industrial automation.”
Building on this marketplace success, Nokia today also announced an expansion of its leading portfolio of industrial-grade private networking solutions. In addition, expanding the reach of its solutions portfolio across multiple geographies and industries, Nokia continues to cultivate an ecosystem of world-class partners integrating LTE/4.9G into their Industry 4.0 solutions in order to enable customers’ digital transformation.
Buvac added, “ABI Research has quantified the private wireless networking market opportunity at US$ 16.3 billion by 2025. Accordingly, we have doubled-down our investments in R&D and human capital to create the most complete private wireless solutions portfolio in the market. Our deep industry expertise is reflected in the breadth of our customers, including more than 120 heavy-asset leaders in the mining, manufacturing, ports, utilities and airports sectors.”
“Nokia is arguably the first telecom infrastructure vendor that has invested significant R&D and effort in addressing enterprise verticals, and this announcement illustrates that Nokia is listening to end users,” said Dimitris Mavrakis, research director at ABI Research. “Nokia’s new products, services and ecosystem partnerships remove technology and ecosystem complexity for enterprises currently looking at implementing private cellular networks. The time is right for Industry 4.0, since many industrial applications and digitalization efforts can benefit today from LTE/4G; in addition it is a vital step to promote the adoption of cellular technology at enterprise verticals and lay the foundation for future advanced 5G use cases.”
"Right now, there is tremendous appetite and momentum for private wireless networking as we see a ‘coming together’ of key enablers that differentiate our proposition”, said Karl Bream, head of strategy for Nokia’s Enterprise business. “LTE/4.9G has proven its ability to provide reliable, secure, high-capacity connectivity. And, spectrum availability is opening up with the availability of shared and unlicensed networking options, such as CBRS and MulteFire. Most importantly, Nokia is bringing to market an unparalleled combination of technology, services and partnerships to help customers deploy turnkey solutions that enable the next steps in their digital transformation.”
Kari Järnström, managing director, DXC Technology Finland, said, “I’m excited to cooperate with NOKIA to guide organizations on their digital transformation journeys. We see the potential in the synergy between NOKIA’s end-to-end solutions for pervasive private LTE connectivity - including emerging 5G networking technology - and DXC’s knowledge and experience in integrating digital innovation into mainstream IT in key industry verticals.”
In July, Nokia's 5G "factory of the future" in Oulu, Finland was selected by the World Economic Forum as an Advanced 4th Industrial Revolution Lighthouse, demonstrating Nokia's ability to digitally transform and modernize its customers' manufacturing facilities for Industry 4.0.
