• With extended 5G-ready portfolio, expanded ecosystem and global, industry-wide customer adoption, Nokia reinforces private wireless/private LTE/4.9G market leadership
• Private wireless networking market opportunity estimated to be worth over US$16 billion by 2025, according to ABI Research
Nokia recently announced that it has deployed private wireless networks for more than 120 customers across multiple industries and geographies, helping its enterprise customers take advantage of Industry 4.0 innovation.
Unleashing the potential of Industry 4.0 technologies such as cloud, IoT, AI and machine learning, Nokia’s private LTE/4.9G and 5G wireless networking solutions have established a global marketplace footprint across energy, transportation, public sector, manufacturing and logistics.
Kathrin Buvac, President of Nokia Enterprise said, “Enterprise customers who invest in Industry 4.0 today will gain a clear competitive advantage over those who choose to wait. With spectrum and new technologies that have become available, customers can deploy industrial-grade wireless connectivity to capture the transformational benefits of digitalization and industrial automation.”
Building on this marketplace success, Nokia today also announced an expansion of its leading portfolio of industrial-grade private networking solutions. In addition, expanding the reach of its solutions portfolio across multiple geographies and industries, Nokia continues to cultivate an ecosystem of world-class partners integrating LTE/4.9G into their Industry 4.0 solutions to enable their customers’ digital transformation.
Buvac added, “ABI Research has quantified the private wireless networking market opportunity at US$ 16.3 billion by 2025. Accordingly, we have increased 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 asset-heavy leaders in the sectors of mining, manufacturing, ports, utilities and airports.”
“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. 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.”
Nokia’s private 4.9G/LTE and 5G wireless networking portfolio offers ultra-reliable and secure broadband wireless connectivity that delivers near spotless coverage across industrial sites. The industrial-grade solutions also seamlessly expand the enterprise’s business footprint to support new applications as they embrace the move to Industry 4.0.
Yousef Khalidi, Corporate Vice President, Azure Networking, Microsoft, said: “Microsoft Azure recently introduced plans to develop an ecosystem for our Multi-access Edge Compute platform featuring the Nokia Digital Automation Cloud. Our intelligent cloud and intelligent edge portfolio of services and tools such as Azure Kubernetes Service, Azure Dev Ops, and Azure IoT Edge combined with Nokia’s private wireless leadership gives enterprises a wide variety of robust industrial automation solutions to offer reliable, secure connectivity with superior mobility.”
Greg Cudahy, EY Global TMT Leader, said: “Combining EY Smart Factory IP for process and discrete manufacturing with Nokia’s high-quality, low-latency private 5G/LTE network will create a market-leading solution which brings line-level and cross-factory performance to entirely new heights. Further adding advanced analytics and intelligent automation to this vastly increased data capture will allow our clients to achieve a level of Overall Equipment Efficiency previously unattainable.”
Kari Järnström, Managing Director, DXC Technology Finland, said: “DXC is excited to cooperate with Nokia to guide organizations on their digital transformations. We see great 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 integrating digital innovation into mainstream IT in key industry verticals.”
David Kagan, CEO of Globalstar, said: “The 4th Industrial Revolution has intensified the need for high capacity, low latency and secure connectivity that is easy to deploy in multiple sites, and often across national borders. One of the key enablers to make this happen is spectrum for local deployments, combined with a solid automation platform. By combining Nokia’s industrial-grade private wireless Digital Automation Cloud platform together with Globalstar’s 3GPP Band 53 spectrum, our companies allow enterprises to deploy intelligent network applications in a dedicated spectrum band.”
George Nazi, senior managing director and global Communications & Media industry lead, Accenture, said: “Working with Nokia, we will focus on using private network technologies in a secure and efficient way to help companies across all industries and regions on their digital transformation journeys. This collaboration builds upon our existing Nokia Accenture Business Group agreement, that helps operators and enterprise users make the leap to digitally-focused networks.”