Nokia paves way for industry 4.0 with more than 120 private wireless network customers.
With extended 5G-ready portfolio, expanded ecosystem and global, industry-wide customer adoption, Nokia reinforces private wireless/private LTE/4.9G market leadership
Private wireless networking market opportunity estimated to be worth over US$16 billion by 2025, according to ABI Research
Nokia announced that it has deployed private wireless networks for more than 120 customers across multiple industries and geographies, helping its enterprise customers take advantage of Industry 4.0 innovation.
Unleashing the potential of Industry 4.0 technologies such as cloud, IoT, AI and machine learning, Nokia’s private LTE/4.9G and 5G wireless networking solutions have established a global marketplace footprint across energy, transportation, public sector, manufacturing and logistics.
Kathrin Buvac, President of Nokia Enterprise said: “Enterprise customers who invest in Industry 4.0 today will gain a clear competitive advantage over those who choose to wait. With spectrum and new technologies that have become available, customers can deploy industrial-grade wireless connectivity to capture the transformational benefits of digitalisation and industrial automation.”
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Source: Smart Energy International