Nokia launched Internet of Things (IoT) packages to help mobile operators win new business in vertical IoT markets.
The IoT packages from Nokia — built on the Nokia Worldwide IoT Network Grid (WING) infrastructure — simplify the set-up and operations of enterprise IoT services. The Internet of Things (IoT) market is worth €2 trillion.
Nokia’s Worldwide IoT Network Grid (WING) infrastructure provides the IoT connectivity and services support. The applications include IoT sensors, user applications and business models suited to specific sectors.
Nokia WING offers a pay-as-you-grow business model, giving operators the flexibility to scale up IoT services as required.
Nokia IoT services
Smart Agriculture as-a-Service: Sensors 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.
Livestock Management as-a-Service: Tracking devices and biosensors monitor animal health and welfare to provide ranchers with early alerts if abnormalities are detected, protecting valuable livestock and improving yields.
Logistics as-a-Service: IoT sensors enable tracking of the global movement and condition of goods through the complete supply chain to help enterprises 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, helping enterprises provide a better service to their business and consumer customers.
Nokia is trialing Agriculture as-a-Service with an African operator and working with a leading services and consulting firm on Asset Management as-a-Service to help them offer more advanced services.
“Most telecom operators desire a more prominent role in the IoT value chain. Nokia’s plan to offer end-to-end vertical applications on top of the WING global infrastructure is a logical next step,” Brian Partridge, vice president of 451 Research, said.
Ankur Bhan, global head of WING Business at Nokia, said an operator can quickly launch IoT service and generate IoT revenues with minimal upfront investment.