The Finnish telecom company also said that it has reinforced private wireless\/private LTE\/4.9G market leadership along with extended 5G-ready portfolio, expanded ecosystem and global, industry-wide customer adoption.
“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,” said Kathrin Buvac, president at Nokia Enterprise.
The company, according to the statement, has further expanded its offer across the entire private wireless solution, from end-points to the applications and everything in between. It will provide expanded reach and capabilities, increased flexibility and ease of use — each of which is critical requirements for driving the adoption of wireless networking for Industry 4.0.
Private wireless networking market opportunity worldwide is estimated to be worth over $16 billion by 2025, according to ABI Research.
“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,” Buvac added.
“Nokia’s new products, services, and ecosystem partnerships remove technology and ecosystem complexity for enterprises currently looking at implementing private cellular networks,” said Dimitris Mavrakis, research director, ABI Research.
“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,” said Karl Bream, head of strategy for Nokia’s Enterprise business.
“Microsoft<\/a> Azure recently introduced plans to develop an ecosystem for our multi-access Edge Compute platform featuring the Nokia Digital Automation Cloud,” Yousef Khalidi, corporate vice president, Azure Networking, Microsoft said.
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