Nokia has launched an off-the-shelf Internet of Things (IoT) package to aid operators win new business in Vertical IoT Market. The package will simplify the operations and set-up of enterprise IoT Services. The package is built on the Nokia Worldwide IoT Network Grid (WING) infrastructure. It provides the necessary global IoT connectivity and service support, IoT sensors, user applications and business models suited to specific sectors. Nokia WING also offers a pay-as-you-grow business model that gives the operators the flexibility to scale up IoT services. They announced this during the Mobile World Congress 2019.
WING is a platform that provides solution to the challenges IoT developers face like; specialized expertise, complexities of combining fragmented IoT connectivity infrastructure, and the risk that comes with setting up and working with multiple service providers globally.
The solutions include;
Smart Agriculture as-a-Service: Sensors are used to capture environmental, soil and crop data. That is then analyzed to provide insights that help farmers manage crops more effectively, potentially saving costs on irrigation, pesticides and fertilizers.
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Livestock Management as-a-Service: Tracking devices and biosensors monitor animal health and welfare. This provides ranchers with early alerts if abnormalities are detected, protecting valuable livestock and improving yields.
Logistics as-a-Service: Sensors enable tracking of global movement and condition of goods through the complete supply chain. This helps enterprises to instantly identify incidents, and even predict future events to optimize delivery and logistics process efficiency.
Asset Management as-a-Service: Connecting products anywhere in the world enables their status and performance to be monitored centrally. Thereby helping enterprises provide a better service to their business and consumer customers.
Brian Partridge, Vice President, 451 Research said, “Nokia addresses a wide spectrum of challenges through its WING IoT infrastructure-as-a-service so its early traction with customers isn’t a surprise.”
Ankur Bhan, Global Head of WING Business at Nokia said “Most telecom operators desire a more prominent role in the IoT value chain that builds upon secure and reliable domestic or global connectivity. Nokia’s announced plans to offer end-to-end vertical applications on top of the WING global infrastructure is a logical next step. We believe that this approach benefits Nokia’s WING telecom customers and the enterprises they serve in addition to vertical application partners who can benefit from WING’s market scale and go-to market channels. The IoT is a growing opportunity for operators to win new enterprise customers and significant additional revenue in a diverse range of vertical markets. With minimal upfront investment, an operator can now quickly get a service to market and generate IoT revenues. We expect these vertical solutions to encourage more operators to connect to Nokia WING, expanding its global footprint and broadening the range of capabilities and services that will become available. We already have several more vertically-focused as-a-Service packages in the development pipeline.”