NOKIA CORPORATION in Mobile Edge Computing Software
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64 Buyers Negotiating
Summary
The company offers various services and applications for venues and enterprises. Nokia has been investing heavily in its R&D to ensure that its products incorporate powerful and innovative technologies. The company has invested more than 16% in R&D in the past 3 years. Moreover, Nokia functions in a highly dynamic business environment, thus intending to diversify its product offerings with the help of innovative technologies. For instance, in September 2016, Nokia launched three enterprisespecific MEC applications - object tracking, video surveillance, and video analytics. The company provides robust, dedicated, and low-latency networks using the MEC. These applications help enterprises process data closer to end-users, in conjunction with any combination of small cells and macro base stations.
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Discussions (1)
Buyer
Yu-Ching Chao's requirement
17/08/2021
"5G MEC local breakout, LCM "
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NOKIA CORPORATION Presence in
Mobile Edge Computing Software
Nokia has a strong foothold in North America; Europe and APAC; Greater China; MEA; and Latin America,
and has been focusing on expanding its foothold in the emerging markets as well, by enabling its solution
availability to regional distributors, channel partners, direct sellers, indirect sellers, service provider
partners, and technology partners. With a stable financial condition, the company invests a significant
share of its revenue in R&D development activities. In September 2016, Nokia introduced MEC-based
enterprise applications to enable enterprises to fulfill their communication needs, enhance operations, and
reduce costs. Additionally, Nokia’s R&D expenditure, which was about USD 5.43 billion in 2016, is utilized
to launch new products and boost its existing product portfolio, including the MEC segment, to maintain its
market competitiveness.
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