Monday, August 19, 2024

Nokia and HOMEPLUS bring 25G PON services to Taiwan

    


 

Press Release   

Nokia and HOMEPLUS bring 25G PON services to Taiwan

  • HOMEPLUS becomes the first broadband operator in Taiwan to deploy and launch 25G PON, making its fiber network one of the fastest in the region.
  • Nokia 25G PON fiber solution enables HOMEPLUS to provide 25Gb/s symmetrical broadband speeds, paving the way for new enhanced residential and enterprise services.
  • Nokia is the only vendor supporting all next-generation PON technology options allowing operators to choose the right strategy for their needs and business case.

20 August 2024

Taipei, Taiwan – Nokia today announced that HOMEPLUS will deploy its 25G PON fiber solution to deliver some of the fastest broadband speeds in Taiwan. With internet speeds 125x faster than the national average (200Mb/s), the 25G PON commercial deployment will enable HOMEPLUS to deliver new enhanced residential and business services. The deployment will make HOMEPLUS the first provider in Taiwan to provide residential and business 25G PON services.

 

Fiber is a futureproof, sustainable, high-speed solution for connecting everything to multi-gigabit services. As the digital economy expands, providers like HOMEPLUS are increasingly looking to introduce new services that can provide a superior user experience and adapt to evolving customer demands. With Nokia's fiber solution, HOMEPLUS can leverage a full range of secure PON technologies, from GPON to 25G PON and beyond to deliver market-leading speeds and enhanced services that help increase its competitive advantage.

 

Based on the Quillion chipset and Lightspan FX platform, Nokia's fiber broadband solution allows HOMEPLUS to reuse its existing fiber broadband equipment to immediately address the demand for more capacity and enhanced broadband services. This will allow HOMEPLUS to quickly and efficiently boost speeds up to 25Gb/s and offer its customers the next generation of gigabit services essential for cloud computing, 8K video streaming, online gaming, virtual reality, and Internet of Things applications.

 

Cliff Lai, Vice Chairman of HOMEPLUS, said: "We have been actively investing in our network and services we provide to ensure customers receive the best quality experience possible. This partnership with Nokia allows us to future proof our network and provide unprecedented broadband speeds that can help drive a whole new set of services that further enhance the unmatched customer experience we're committed to delivering."

 

John Harrington, Senior Vice President and Head of Asia Pacific Sales, Network Infrastructure at Nokia, said: "The superior connectivity developed across Nokia's long-standing and close partnership with HOMEPLUS has been important not only to both of our organizations but also to Taiwan's people and businesses. Leveraging Nokia's cutting-edge 25G PON solution, this latest upgrade will usher in a new era of sustainable, futureproofed connectivity for HOMEPLUS's customers that is capable of delivering 25Gbps broadband speed."

 

Resources and additional information:

Webpage: Nokia 25G PON

Webpage: Next-generation PON

Webpage: Nokia Lightspan FX for flexible fiber access

 

About Nokia 

At Nokia, we create technology that helps the world act together. 

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.  

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media inquiries

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

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Nokia and TIM partner to expand 5G coverage in Brazil in 2025

    

Press Release

Nokia and TIM partner to expand 5G coverage in Brazil in 2025

  • Nokia to modernize TIM's network with 5G equipment from its comprehensive AirScale portfolio.
  • Deal reinforces TIM's commitment to expanding its 5G coverage and bringing the benefits to more people and businesses.

 

19 August 2024

Espoo, Finland – Nokia today announced that it has been selected by TIM Brasil (TIM) to expand its 5G radio access network (RAN) coverage across 15 Brazilian states from January 2025. This partnership will increase the number of municipalities with access to 5G, bringing the benefits of secure, ultra-high-speed connectivity to a wider population. The expansion will also enable enterprises in these regions to digitalize their operations, fostering innovation and driving economic growth.

 

Under the deal, Nokia will supply a range of equipment from its industry-leading 5G AirScale portfolio, including baseband, Massive MIMO radios, and Remote Radio Head products. These are all powered by its energy-efficient ReefShark System-on-Chip technology and combine to provide superior coverage and capacity.

 

TIM will utilize Nokia's intelligent MantaRay Networks Management system, which incorporates AI functionalities, for improved network monitoring and management. Nokia will also provide services, including digital deployment, optimization, and technical support services.

 

Marco Di Costanzo, CTO at TIM Brasil, said: "This agreement is a significant milestone in our long-standing partnership with Nokia, highlighting our mutual dedication to technological innovation. As 5G continues revolutionizing connectivity, we are committed to extending these advancements to more Brazilians. This will benefit industries and consumers with new services, solidifying TIM's position as Brazil's leading 5G provider based on the number of sites."

 

Tommi Uitto, President of Mobile Networks at Nokia, said: "We are thrilled to partner with TIM to expand their 5G network in Brazil. This collaboration demonstrates our dedication to providing cutting-edge technology that empowers TIM to deliver the fastest and most reliable 5G connectivity to their customers. Our best-in-class, energy-efficient radio solutions will play a key role in achieving this goal."

 

Resources and additional information
Webpage: Nokia 5G
Webpage: AirScale Radio Access

Webpage: MantaRay Network Management
Webpage: Services for mobile networks

 

About Nokia
At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media inquiries
Nokia Corporate Communications
Email: Press.Services@nokia.com

 

Follow us on social media
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Friday, August 16, 2024

Nokia Oyj - Johtohenkilöiden liiketoimet (Batra)

    

Nokia Oyj
Johtohenkilöiden liiketoimet
16.8.2024 klo 10.30


Nokia Oyj - Johtohenkilöiden liiketoimet (Batra)

 

Markkinoiden väärinkäyttöasetuksen 19. artiklan mukainen ilmoitus liiketoimesta.

____________________________________________

Ilmoitusvelvollinen

Nimi: Batra, Nishant

Asema: Muu ylin johto

 

Liikkeeseenlaskija: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Ilmoituksen luonne: ENSIMMÄINEN ILMOITUS

Viitenumero: 74590/5/4

____________________________________________

 

Liiketoimen päivämäärä: 2024-08-15

Kauppapaikka: NASDAQ HELSINKI LTD (XHEL)

Instrumenttityyppi: OSAKE

ISIN: FI0009000681

Liiketoimen luonne: LUOVUTUS

 

Liiketoimien yksityiskohtaiset tiedot

(1): Volyymi: 100554 Yksikköhinta: 3,62051 EUR

(2): Volyymi: 30000 Yksikköhinta: 3,60360 EUR

(3): Volyymi: 30000 Yksikköhinta: 3,65024 EUR

(4) Volyymi: 20000 Yksikköhinta: 3,70020 EUR

 

Liiketoimien yhdistetyt tiedot (4):

Volyymi: 180554 Keskihinta: 3,63147 EUR

 

Nokia

Nokia luo teknologiaa, joka auttaa maailmaa toimimaan yhdessä.

 

B2B-teknologia- ja innovaatiojohtajana olemme tulevaisuuden aistivien, ajattelevien ja älykkäiden verkkoratkaisujen edelläkävijä. Johtoasemamme pohjautuu osaamiseemme matkapuhelin-, kiinteissä ja pilvipalveluverkoissa. Luomme arvoa immateriaalioikeuksilla ja pitkäaikaisella tutkimus- ja kehitystyöllä palkitun Nokia Bell Labsin johdolla.

 

Palveluntarjoajat, yritykset ja muut kumppanimme ympäri maailmaa luottavat Nokian verkkojen suorituskykyyn, vastuullisuuteen ja turvallisuusstandardeihin. Työskentelemme yhdessä kumppaneidemme kanssa kehittääksemme tulevaisuuden digitaalisia palveluita ja sovelluksia.

 

Lisätietoja:

 

Nokia

Viestintä

Puh. +358 10 448 4900

Sähköposti: press.services@nokia.com

Maria Vaismaa, viestintäjohtaja

 

Nokia

Sijoittajasuhteet

Puh. +358 40 803 4080

Sähköposti: investor.relations@nokia.com

 

 


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Nokia Corporation - Managers' transactions (Batra)

    

Nokia Corporation
Managers' transactions
16 August 2024 at 10:30 EEST


Nokia Corporation - Managers' transactions (Batra)

 

Transaction notification under Article 19 of EU Market Abuse Regulation.

____________________________________________

Person subject to the notification requirement

Name: Batra, Nishant

Position: Other senior manager

 

Issuer: Nokia Corporation

LEI: 549300A0JPRWG1KI7U06

Notification type: INITIAL NOTIFICATION

Reference number: 74590/5/4

____________________________________________

 

Transaction date: 2024-08-15

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009000681

Nature of the transaction: DISPOSAL

 

Transaction details

(1): Volume: 100554 Unit price: 3.62051 EUR

(2): Volume: 30000 Unit price: 3.60360 EUR

(3): Volume: 30000 Unit price: 3.65024 EUR

(4): Volume: 20000 Unit price: 3.70020 EUR

 

Aggregated transactions (4):

Volume: 180554 Volume weighted average price: 3.63147 EUR

 

About Nokia

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Inquiries:

 

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Global Head of External Communications

 

Nokia

Investor Relations

Phone: +358 40 803 4080

Email: investor.relations@nokia.com

 

 


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Thursday, August 15, 2024

Muutokset Nokia Oyj:n omien osakkeiden omistuksessa

    

Nokia Oyj
Pörssitiedote
15.8.2024 klo 18.30 EEST


Muutokset Nokia Oyj:n omien osakkeiden omistuksessa

 

Espoo – Nokia on tänään luovuttanut 1 899 036 yhtiön hallussa ollutta Nokian osaketta (NOKIA) vastikkeetta suorituksena Nokian osakepohjaisiin kannustinohjelmiin osallistuneille henkilöille ohjelmien ehtojen mukaisesti. Osakkeiden luovutus perustuu 4.10.2023 julkistettuun hallituksen päätökseen yhtiön hallussa olevien osakkeiden antamisesta ohjelmien mukaisten sitoumusten täyttämiseksi.

 

Nokia Oyj:n hallussa olevien omien osakkeiden lukumäärä luovutuksen jälkeen on 152 615 554.

 

Nokia

Nokia luo teknologiaa, joka auttaa maailmaa toimimaan yhdessä.

 

B2B-teknologia- ja innovaatiojohtajana olemme tulevaisuuden aistivien, ajattelevien ja älykkäiden verkkoratkaisujen edelläkävijä. Johtoasemamme pohjautuu osaamiseemme matkapuhelin-, kiinteissä ja pilvipalveluverkoissa. Luomme arvoa immateriaalioikeuksilla ja pitkäaikaisella tutkimus- ja kehitystyöllä palkitun Nokia Bell Labsin johdolla.

 

Palveluntarjoajat, yritykset ja muut kumppanimme ympäri maailmaa luottavat Nokian verkkojen suorituskykyyn, vastuullisuuteen ja turvallisuusstandardeihin. Työskentelemme yhdessä kumppaneidemme kanssa kehittääksemme tulevaisuuden digitaalisia palveluita ja sovelluksia.

 

Lisätietoja:

 

Nokia

Viestintä

Puh. +358 10 448 4900

Sähköposti: press.services@nokia.com

Maria Vaismaa, viestintäjohtaja

 

Nokia

Sijoittajasuhteet

Puh. +358 40 803 4080

Sähköposti: investor.relations@nokia.com

 

 


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Changes in Nokia Corporation's own shares

    

 

Nokia Corporation
Stock Exchange Release
15 August 2024 at 18:30 EEST


Changes in Nokia Corporation's own shares

 

Espoo, Finland – A total of 1 899 036 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the plans as announced on 4 October 2023.

 

The number of own shares held by Nokia Corporation following the transfer is 152 615 554.

 

About Nokia

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Inquiries:

 

Nokia Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Maria Vaismaa, Global Head of External Communications

 

Nokia

Investor Relations

Phone: +358 40 803 4080

Email: investor.relations@nokia.com

 

 


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Thursday, August 8, 2024

Nokia first to self-certify fiber products for use in BEAD

    

 

Press Release

Nokia first to self-certify fiber products for use in BEAD

  • Nokia becomes the first technology vendor to self-certify its fiber products manufactured in the U.S. for BEAD, ensuring each is Buy America-compliant.
  • Nokia provides BEAD applicants with a letter of certification now required by the NTIA.
  • BEAD applicants and infrastructure builders can order Nokia-certified products today for use in critical broadband infrastructure projects focused on closing the digital divide.

 

8 August, 2024

Denver, Colorado—Nokia today announced that it became the first technology vendor to self-certify its fiber products manufactured in the U.S., ensuring each meets the requirements outlined in the recently announced BABA compliance and self-certification guidelines for the BEAD program. BEAD Applicants can now obtain a Certification Letter from Nokia to prove BABA compliance.

 

Operators and infrastructure players seeking to participate in BEAD and the $42.45bn of available funding will need to ensure - under federal penalty - that certain fiber broadband equipment used in their network buildouts are manufactured in the U.S. To help, the NTIA created a self-certification and compliance framework for manufacturers, allowing each to show its products meet these requirements. Manufacturers that complete the self-certification process are added to a list managed by the Department of Commerce. Focused on reducing the number of fraudulent claims of BABA compliance, the list requires manufacturers to have an officer of the company certify - under fine or imprisonment - that its products are Buy America-compliant. Manufacturers must also be able to provide a BABA certification letter to subgrantees for audit purposes.  

 

Nokia is the first vendor to self-certify that all of its fiber broadband products manufactured in the U.S. are Buy America-compliant and meet the final guidelines specified by the NTIA. The list of certified products includes:

  • Nokia FX and MF OLT modular product lines
  • Nokia SF-8M sealed OLT
  • XS-220X-A ONT

 

Sandy Motley, President of Fixed Networks at Nokia, said: "We are excited to announce yet another milestone in our BEAD journey. As a certified vendor, we can now provide BEAD applicants with a certification letter that's become essential for applications and BABA reporting requirements. It also provides the confidence and assurance several need to submit product orders today without fear of being out of compliance."    

 

Applicants for BEAD can visit the Nokia Buy America website for information on how to obtain a Nokia Certification Letter which can be uploaded with a BEAD application to prove BABA compliance.

 

Resources and additional information

 

About Nokia

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media Inquiries

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

Follow us on social media

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Nokia and Swisscom Broadcast to deploy largest Drones-as-a-Service network

    

 

Press Release

Nokia and Swisscom Broadcast to deploy largest Drones-as-a-Service network

  • Nokia Drone Networks solution including 300 Drone-in-a-Box units, will enhance safety and operational efficiency for public safety and industrial use cases in Switzerland.
  • Collaboration with Swisscom Broadcast will also enable the advancement of industrial use cases, drone automation, beyond visual line of sight (BVLOS) operations, and the expansion of 3GPP technologies for drone use in Switzerland.

 

8 August 2024

Espoo, Finland – Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-a-Service network across Switzerland. 300 Nokia Drone-in-a-Box units are planned for deployment to enable emergency response, perimeter protection and infrastructure inspection, which will help keep public safety workers safe.

 

This will be the second nationwide Nokia Drone Networks project after Belgium's Citymesh deployment. It will support Switzerland's public safety and Industry 4.0 efforts and highlight Nokia's strength in modernizing digital infrastructure projects and utilizing mission-critical industrial edge computing (MXIE) with the support of 3GPP technologies for beyond visual line of sight (BVLOS) autonomous operation.

 

In addition to increasing first responders' safety, drones support resource optimization and help to save the lives of those involved in incidents. The drones, which are operated remotely, gather relevant information within the first minutes following an emergency, enhancing first responders' situational awareness.

 

Public safety agencies in Switzerland will easily tap into the nationwide drone network by simply requesting a drone flight, similar to a ride-sharing service, from Swisscom Broadcast. They will also be backed up by a service portfolio with expertise, compliance, data collection and analysis of the collected data from Nokia and Swisscom Broadcast.

 

The deployment is expected to be available in all areas of Switzerland. Nokia and Swisscom will continue cooperating with competent regulatory bodies to ensure all operations comply with regulatory frameworks, especially from spectrum and aviation safety standpoints.

 

Drones will also boost worker safety within the Swiss Industry such as inspecting tall or hard-to-reach infrastructure, which removes the need for workers to climb or walk around hazardous areas. As Nokia Drone Networks are an integral part of the Nokia MXIE platform architecture, they enable easy onboarding of additional applications for industrial customers with Edge computing needs, such as creating 3D maps or detecting assets.

 

The deployment will facilitate reliable Drone-as-a-Service operations at scale in Switzerland with Nokia Drone Networks, a turnkey Drone-in-a-Box solution that integrates the drone, a docking station, a ground control station, a payload with video and thermal cameras, related software, and service components. The solution also supports interfaces and APIs for easy third-party integrations, such as traffic monitoring systems, video management software, dispatch solutions, and industrial inspection and process monitoring systems.

 

This collaboration with Swisscom Broadcast will also enable the advancement of industrial use cases, automation, beyond visual line of sight (BVLOS) operations, and the expansion of 3GPP technologies for drone use in Switzerland.

 

Dominik Müller, CEO at Swisscom Broadcast, said: "We are pleased to select Nokia as a partner for this important infrastructure project in Switzerland. Together, we can speed up the go-to-market of our Drones-as-a-Service offering to our customers in the industrial and public safety landscape in Switzerland. The integration of our existing People Density Tool and our Drone Operations expertise with Nokia's industrial grade hardware in combination with an open and future proof Software architecture is an important key to support such large-scale projects."

 

Raghav Sahgal, President of Cloud and Network Services at Nokia, said: "We are proud to partner with Swisscom Broadcast, a true innovator in drones-as-a-services operation, for this important project to establish a nationwide Drone-as-a-Service network in Switzerland. Nokia Drone Networks solution enables large-scale projects as it incorporates our mission-critical industrial edge (MXIE) technology to power its advanced computing functions and software. It will undoubtedly help Swiss enterprises gain access to a superior Drones-as-a-Service offering to enhance worker and public safety.

 

Resources and additional information

Webpage: Nokia Drone Networks | Nokia DAC

Press release: Nokia's turnkey 5G-connected drone platform selected by Belgium's Citymesh for world's first nationwide drone network | Nokia

 

About Nokia

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media inquiries

Nokia Communications, Corporate

Email: Press.Services@nokia.com

 

Follow us on social media

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Monday, August 5, 2024

Nokia AIMS boosts warehouse efficiency with industry-first, true automated inventory counting capability

    

Press Release

Nokia AIMS boosts warehouse efficiency with industry-first, true automated inventory counting capability

  • New, true inventory counting service is an add-on to AIMS' autonomous drone service.
  • Enables warehouses to automate inventory counting with higher accuracy and increased efficiency than manual counting.
  • AIMS boosts worker safety, productivity and reassignment from cycle counting to higher-value tasks.

5 August 2024

Murray Hill, New Jersey – Nokia today announced the launch of the industry-first, true inventory counting capability for Nokia Autonomous Inventory Monitoring Service (AIMS), enabling warehouse operators to utilize autonomous drones to individually count items, such as eaches, cases or cartons, in any racked inventory location accurately and efficiently.

 

Warehouse shrinkage can account for 3-5% of a company's revenue and 25% of shrinkage is due to administrative errors1. This combined with continued pressure to fulfill orders rapidly has pushed warehouse operators to a tipping point of futureproofing and automating operations to gain a business edge.

 

The new inventory counting capability adds to Nokia AIMS' current features of finding misplaced and lost inventory, as well as empty bin detection. If a human worker can count inventory from the aisle, the Nokia AIMS drone can count it too. Identified inventory counts are then compared with warehouses' existing WMS or ERP systems to identify any quantity mismatches.

 

Whereas typical cycle counts use the ABC method, where inventory is counted based on varying frequency, Nokia AIMS efficiently checks every location much more frequently, to ensure customers get a more accurate, reliable and complete picture of their inventory.

 

Nokia AIMS is delivered as a service in a complete solution comprising of drones, software and a cloud-based user interface. A Nokia AIMS drone can complete cycle counts approximately 7-10 times faster than human workers or around 300 inventory locations per hour. AIMS can provide customers with a 40% or greater ROI and deliver immediate value on the day it is launched.

 

Inventory counting capability is now available to customers in the United States. Existing Nokia AIMS customers will automatically gain access to this capability via a software update with no additional costs. New Nokia AIMS customers who sign up in 2024 will receive this capability for free, for one year.

 

Paul Heitlinger, General Manager, AIMS at Nokia, said: "Empowering warehouse operators with a competitive edge and keeping them at the forefront of automation is at the heart of what Nokia AIMS does. We are excited to launch an industry-first, true inventory counting capability for new and existing customers, wherever and whenever. With it, customers can not only gain peace of mind as our drones are designed to work while customers sleep but also free up human workers for high-value tasks that make a difference for their businesses."

 

Spun out from Nokia Bell Labs, Nokia AIMS reflects the deep heritage of utilizing emerging technology, such as AI and automation, to develop revolutionary technology advancements that are human by design and answer the industry's biggest demands.

 

Resources and additional information
Webpage: Autonomous Inventory Monitoring Service

 

About Nokia
At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

 

Media inquiries
Nokia Communications, Corporate
Email: Press.Services@nokia.com

 

Follow us on social media
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1 Gitnux Report 2024: Warehouse Inventory Shrinkage Statistics: Employee Theft Dominates Industry Losses


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Thursday, August 1, 2024

Bounteous x Accolite and Nokia sign agreement to boost network API use-case development leveraging 5G capabilities

    

 

Press release

Bounteous x Accolite and Nokia sign agreement to boost network API use-case development leveraging 5G capabilities

  • Bounteous x Accolite, headquartered in the US with offices in Europe, North America, and Asia, will utilize Nokia's Network as Code platform with developer portal, starting with its European entity.
  • The two companies will initially focus on use cases in areas of health care, gaming, and utilities.

 

1 August 2024

Espoo, Finland – Bounteous x Accolite, a global digital transformation services consultancy, has signed an agreement to utilize Nokia's Network as Code platform with developer portal, with the aim of creating new use cases in areas like health care and gaming that harness 5G network capabilities.

 

The agreement further expands the API ecosystem that Nokia is building with operators, systems integrators, software developers, and hyperscalers around the world to tap network capabilities and monetize network assets through the creation of new use cases for consumer, enterprise, and industrial customers.

 

The Network as Code platform brings those parties together into a unified ecosystem, which simplifies network complexities by abstracting them and exposing developer-friendly interfaces. These interfaces enable developers to deploy applications seamlessly across multiple public and private networks.

 

Using the platform, Bounteous x Accolite developers will gain access to operator networks via Software Development Kits (SDK); network API documentation; a 'sandbox' to create software code for use case simulation and testing; and code 'snippets' that can be included in new applications. Those tools allow developers to leverage network capabilities, like quality of service (QoS) on demand, and create new use cases and value for their customers.

 

Bounteous x Accolite and Nokia are initially focusing on enabling health care applications that allow patients and hospitals, for example, to track ambulance location to accelerate response times in emergency situations. Bounteous x Accolite works across a range of industries, including telecommunications and media, health care, financial services, and media, to strengthen customer online experiences with greater product offerings and service delivery.

Since its launch almost one year ago, Nokia has signed collaboration agreements with 17 network operators and ecosystem partners in Europe, North and South America, and Asia to use the Network as Code platform.

 

Sanjeev Kumar, General Manager Telecom & Media, at Bounteous x Accolite said: "We are very pleased to start this journey with Nokia and to seize the growing opportunity of helping operators deliver greater value from their networks and Nokia's Network as Code platform. This agreement is a testament to Bounteous x Accolite's ongoing commitment to deliver the best digital experiences to customers through our engineering capabilities and partnership with innovative companies."

 

Shkumbin Hamiti, Head of Network Monetization Platform, Cloud and Network Services at Nokia said: "We are thrilled to bring Bounteous x Accolite into the growing ecosystem of partners utilizing network APIs. With its advanced technology solutions and developer capabilities, Bounteous x Accolite is well-placed to tap the valuable capabilities that 5G and 4G networks offer and create new forms of value for its customers."

 

About Nokia

At Nokia, we create technology that helps the world act together.

 

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

 

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create future digital services and applications.

 

About Bounteous x Accolite

Bounteous x Accolite makes the future faster for the world's most ambitious brands. Our services span Strategy, Analytics, Digital Engineering, Cloud, Data & AI, Experience Design, and Marketing. We are guided by Co-Innovation, our proven methodology of collaborative partnership. Bounteous x Accolite brings together 5000+ employees spanning North America, APAC, and EMEA, and partnerships with leading technology providers. Through advanced digital engineering, technology solutions, and data-driven digital experiences, we create exceptional and efficient business impact and help our clients win. For more information, please visit www.bounteous.com. For the most up-to-date news, follow us on Twitter, LinkedIn, Facebook, and Instagram.

 

Nokia Communications, Corporate

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