Nokia Fully Commits to Vertical Markets for Future Growth
Nokia is now laser focused on diversifying its revenue portfolio using its expertise in networking as well as its increasing capabilities in software and services. In its recent Global Analyst Forum, held November 5–7 at the Nokia Bell Labs in Murray Hills, New Jersey (United States), the company stressed its commitment to grow its revenues by driving connectivity and digitization in enterprise markets. This is a prime example of a network vendor with a comprehensive UnTelco strategy—a strategy that understands the opportunity provided by new sectors beyond its traditional carrier market. Among multiple enterprise markets, Nokia has identified the industrial Internet of Things (IoT) as a leading growth area.
The Global Analyst Forum was accompanied by several announcements that showcased the implementation of the company’s strategy. Nokia announced a partnership with Infosys to drive the digital transformation of industries and enterprises; presented its “Future X for Industries” strategy and architectur…
You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.