CIOReviewIndia Team | Thursday, 16 January 2020, 12:55 IST
One of the giants in today’s world of business – Nokia – is looking at India as a very promising market for not only 5G deployments, but also enterprise business in near future. This company has been working closely with some of the important telecom players in the country to enhance the growth of enterprise business even further in the India. Recently, they have partnered themselves with Vodafone Idea Limited to support its cause in bringing 5G revolution and also various other products and solutions to aid the advancements in India’s Enterprise Business.
According to a report published by an analyst at Analysys Mason, Nokia ranked as the top telecom software solution provider by market share, globally. The reports also states that Nokia has been significantly bringing advancements in its 5G capabilities by offering 5G-ready mobile network management solutions.
“Nokia’s performance was notably strong in high-growth areas such as network orchestration and automation, which are a big challenge for CSPs moving into the 5G era and where it has a wide range of products and professional service capabilities to help its customers make the NFV/SDN leap. Nokia’s investment in its Common Software Foundation and its cloud-native product portfolio should help it further strengthen its market position in 2019 and beyond,” said Dana Cooperson, Research Director at Analysys Mason.
Furthermore, Chris Johnson, Nokia’s Senior Vice President, Customer Operations for vertical Enterprise markets has also told The Economic Times (ET) that telecom industry is the most effective way to penetrate a potential market and this is what they are doing so with India.
“We see about 7 million radio implementations associated with telco service providers when we look at factories and other campus deployments globally and the number is going to double. There are literally hundreds of thousands of factories in India to technology. So, the enterprise market will possibly double back to the telco CSP market in India, which is a huge market,” he added.
As India is gradually becoming one of the strong economies in the world, it will see further disruptions in the market. Among others, Nokia will a strong force behind the advancements through 5G and various solutions for Enterprise Business.
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