- The network marketing has become important to Nokia as its competing with the likes of Ericsson and Huawei
- The company is planning to offer a choice to start with 4.9G/LTE, and then switch to 5G
- Enterprise services are considered as a major source of new revenue
According to a report, Nokia made its first Standalone 5G (SA 5G) products available to private networking customers. This would pave the way for the adoption of revolutionary industrial applications that require reliable, low latency connectivity.
Enterprise services are considered to be a major source of new revenue for operators who have had to cope with declines in tradition sources of income such as voice.
While serval business would be using commercial 5G network, the large enterprises would be looking at private wireless deployments. This in turn would allow them to dictate the technology use and the speed of rollout – either with or without an operator.
Private wireless has already been made possible with 4G but 5G holds the potential to transform industrial connectivity. So far, commercial deployments have been dependent on Non-Standalone 5G (NSA 5G) which uses new radio technologies but still relies on a 4G core. SA 5G makes use of cloud-based, virtualised cores that allow network resources to be moved around dynamically and process data closer to the point of collection. This would also allow certain industrial and mission critical applications to be supported by mobile networks for the first time.
Along with the public sectors’ excitement for the potential of 5G applications, manufacturing, utilities and transportation are the most enthusiastic industries. Intelligent video, AR and VR training and remote-controlled machinery are all viewed as important 5G applications.
Raghav Sahgal, President of Nokia Enterprise also shared that “Private wireless connectivity is central to our customers realizing their long-term digital transformation goals. By delivering 5G SA, we’re paving the way to accelerate digitalization in the most demanding of use cases such as automotive manufacturing, where cloud, robotics and autonomous machine operations create mission-critical demands for reliable low latency and high data rate.”
Nokia 5G strategy
Nokia already consists of around 180 private wireless customers, of which 30 have 5G arrangements- including Toyota and Deutsche Bahn. One such support of the Finnish network giant’s 5G strategy has been to allow customers to maximise their existence hardware and spectrum assets and it has assured customers that updates to its LTE portfolio will ensure that this is still the case.
Sahgal also added, “We recognize that 4.9G/LTE, which handles more than 85 percent of industrial applications, will continue to be the foremost private wireless solution for some time,”