Telecom network and software major Nokia today announced the expansion of Packet Core portfolio to meet private LTE network requirements in support of IoT and Smart Cities.
Mining, oil & gas, transportation, and utility sectors as well governments and regional telecom network operators can deploy mission-critical LTE networks by tapping Nokia’s expanded LTE portfolio with Cloud Packet Core solution.
Nokia said its Packet Core solution supports access by up to 50,000 devices simultaneously, offering flexibility, scale and performance to support mobile broadband and IoT/MTC applications that can help enable Smart Cities.
The size of the investment in private LTE network market will surpass $800 million the end of 2016. The private LTE network market is expected to grow at a CAGR of 32 percent by 2020.
Nokia’s private LTE network is the result of optimization of its Cloud Packet Core solution that allows the delivery of business and mission-critical services and applications. The solution ensures reliability and functionality for secure service delivery at a size that makes it accessible to a diversity of markets. It supports 50,000 simultaneous access users/devices and 100 eNodeBs, providing the scale and performance for MTC and mobile broadband users and devices.
This new offering leverages the Cloud Mobility Manager (CMM) and Cloud Mobile Gateway (CMG) software from Nokia’s Cloud Packet Core solution, which is already deployed by the world’s largest communications service providers.
“I see many large customers acting as service providers (CaaSPs) for internal groups that would also see the opportunity to create this private network, with the key requirement of interconnecting with other service providers (wireless networks, applications, cloud providers) and larger operators being enabled with this solution,” said Mike Sapien, principal analyst, Enterprise Services, Ovum.
“Our Cloud Packet Core solution leverages a native cloud architecture to purpose-fit smaller business and critical communications networks without sacrificing the ability to scale as needs dictate,” said Sri Reddy, general manager of IP routing business at Nokia.
