The platform is built on the Nokia Worldwide IoT Network Grid (WING) infrastructure, which provides global IoT connectivity and services support. WING’s applications include IoT sensors, user applications, and business models suited to specific sectors. Its managed service approach also offers a “pay-as-you-grow” business model, giving operators the flexibility to quickly scale up IoT services as required.
Market-ready solutions are available on the platform to help reduce the challenges facing IoT operators. These include the need for specialised expertise, the complexities of combining fragmented IoT connectivity infture, and the risk and effort of setting up and working with multiple service providers globally.
The four new solutions announced this week by Nokia include:
- Smart Agriculture as-a-Service: Sensors capture environmental, soil, and crop data, which is analysed to provide insights that help farmers manage crops more effectively, potentially saving costs on irrigation, pesticides, and fertilisers.
- Livestock Management-as-a-Service: Tracking devices and biosensors monitor animal health to provide ranchers with early alerts when 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 supply chain to help enterprises quickly 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 Agriculture as-a-Service with an African operator and working with leading services and consulting firm on Asset Management-as-a-Service to help them offer more advanced services.
Ankur Bhan, global head of WING Business at Nokia, said: “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 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.”