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Nokia AVA Energy Efficiency in SaaS model selected by Globe Telecom Philippines to cut network power use

Retrieved on: 
Monday, November 20, 2023

Espoo, Finland – Nokia today announced that its AVA Energy Efficiency software, to be delivered in a SaaS delivery model, has been selected by Globe Telecom to help the Philippine communication service provider drive lower network power consumption and costs.

Key Points: 
  • Espoo, Finland – Nokia today announced that its AVA Energy Efficiency software, to be delivered in a SaaS delivery model, has been selected by Globe Telecom to help the Philippine communication service provider drive lower network power consumption and costs.
  • Nokia AVA for Energy SaaS, using artificial intelligence and machine learning algorithms, will enable Globe to shut idle and unused equipment automatically during low usage periods.
  • Deploying this solution through a Software-as-a-Service (SaaS) model will allow Globe to consume the solution purely on demand through a subscription, with faster service delivery and time-to-value.
  • Globe realized an equivalent annual power savings of around 3-6 percent in a proof of concept using Nokia’s AVA Energy Efficiency software together with the power saving feature of the radio access network.

Nokia and Innova Solutions partner to deliver programmable network applications for enterprises using Nokia Network as Code platform

Retrieved on: 
Tuesday, December 12, 2023

Nokia and Innova Solutions developing programmable network solutions for enterprises in financial services, asset management, and industrial workplace safety

Key Points: 
  • Nokia and Innova Solutions developing programmable network solutions for enterprises in financial services, asset management, and industrial workplace safety
    Initial focus in North America and Europe, with other regions to follow later in 2024
    ESPOO, Finland and ATLANTA, Dec. 12, 2023 /PRNewswire/ -- Nokia and Innova Solutions, a global digital transformation solutions provider, today announced a partnership that will utilize the Nokia Network as Code platform with developer portal (platform) to create and deliver programmable network solutions.
  • Innova has a strong record of delivering solutions that enable companies to innovate, accelerate success, and improve business efficiency.
  • With Nokia's Network as Code platform, Innova developers will have a strong programmable network foundation for building new use cases that quickly respond to enterprise market demands."
  • Leveraging the Network as Code platform, Innova and Nokia will continue to bring innovation to life for clients around the globe through groundbreaking programmable network solutions."

Inside Information: Nokia accelerates strategy execution, streamlines operational model and takes action to protect profitability

Retrieved on: 
Thursday, October 19, 2023

However, while the timing of the market recovery is uncertain, we are not standing still but taking decisive action on three levels: strategic, operational and cost.

Key Points: 
  • However, while the timing of the market recovery is uncertain, we are not standing still but taking decisive action on three levels: strategic, operational and cost.
  • First, we are accelerating our strategy execution by giving business groups more operational autonomy.
  • Second, we are streamlining our operating model by embedding sales teams into the business groups and third, we are resetting our cost-base to protect profitability.
  • Sales teams will collaborate across Nokia to ensure customers continue to benefit from the breadth of all Nokia offers.

Nokia Corporation Interim Report for Q3 2023

Retrieved on: 
Thursday, October 19, 2023

Free cash flow negative EUR 0.4bn, net cash balance EUR 3.0bn, working capital headwinds expected to ease starting Q4.

Key Points: 
  • Free cash flow negative EUR 0.4bn, net cash balance EUR 3.0bn, working capital headwinds expected to ease starting Q4.
  • Nokia continues to expect full year 2023 net sales in the range of EUR 23.2 to 24.6 billion with a comparable operating margin in the range of 11.5% to 13.0% assuming closure of outstanding deals in Nokia Technologies.
  • This is a summary of the Nokia Corporation Q3 and January-September 2023 Interim Report published today.
  • A video interview summarizing the key points of our Q3 results will also be published on the website.

Render appoints Rob Laudati as Vice President of Product and Partnerships

Retrieved on: 
Thursday, October 19, 2023

Global leader in geospatial network construction technology, Render Networks , today announced it further expanded its global executive leadership team with the addition of Rob Laudati as Vice President of Product and Partnerships.

Key Points: 
  • Global leader in geospatial network construction technology, Render Networks , today announced it further expanded its global executive leadership team with the addition of Rob Laudati as Vice President of Product and Partnerships.
  • A member of Render's global executive team, Laudati assumes responsibility for leading product strategy and building out Render's global partner ecosystem to enhance market reach and create added value for Render's network operator and builder customers.
  • Laudati joins Render with over two decades of executive product and partnership experience in the geospatial and infrastructure domains, most recently responsible for Esri's global partner channel business.
  • His diverse product management and development background spanning various verticals, markets and geospatial technologies will directly support Render’s key growth initiatives.

ONUG Fall to Focus on the Convergence of Networking and Security Technology and Its Role in Building Trusted Enterprise Cloud Infrastructure

Retrieved on: 
Thursday, October 5, 2023

BOSTON, Oct. 5, 2023 /PRNewswire/ -- ONUG, the voice of the Global 2000, today announced the final program and speaker line up for its ONUG Fall 2023 event being held live at Chelsea Industrial, in Hudson Yards in New York City, October 24-25. 

Key Points: 
  • ONUG Fall will focus on building trusted enterprise cloud infrastructure through the convergence of networking and security technology, markets and operational teams.
  • This theme will manifest itself through several massive industry transformation trends including OT/IT integration, cloud infrastructure integration with on-prem, and the emerging Network as a Service (NaaS) approach to wide area networking.
  • ONUG Fall 2023 is the 24th ONUG Conference and the largest gathering thus far.
  • "This ONUG Fall will take a deep dive into the processes and technologies surrounding networking and security convergence."

Nokia launches Network as Code platform to accelerate network programmability and monetization

Retrieved on: 
Tuesday, September 26, 2023

Nokia sees these capabilities falling into two primary groups: 5G capabilities and advanced capabilities.

Key Points: 
  • Nokia sees these capabilities falling into two primary groups: 5G capabilities and advanced capabilities.
  • The Nokia Network as Code platform has been shaped using technical standards produced through industry initiatives such as the Linux Foundation CAMARA project and the GSMA Open Gateway initiative; Nokia is an active contributor to both groups.
  • Nokia’s Network as Code platform is based on a revenue share model between developers, CSPs, and Nokia as the platform provider.
  • Raghav Sahgal, President of Cloud and Network Services, at Nokia said: “The Network as Code platform and developer portal underscore Nokia’s strategic commitment to leverage the broader B2B digitalization ecosystem.

Tech Tackles Cancer Boston Announces Line-Up and Ticket Sales

Retrieved on: 
Tuesday, September 19, 2023

The fundraiser's goal this year is to raise over $250,000 for pediatric cancer research and patient care.

Key Points: 
  • The fundraiser's goal this year is to raise over $250,000 for pediatric cancer research and patient care.
  • Since 2012, TTC has harnessed the power of the Boston technology community to raise awareness and funds to support pediatric cancer causes.
  • Past events have raised more than $2M in donations for organizations focused on pediatric cancer treatment and research, including St. Baldrick’s and One Mission .
  • This year’s event will feature 10+ technology executives performing a single song backed by Boston-based Tony Savarino and the Savtones.

Spectrotel hires Jon Moss to lead digital transformation of customer experience

Retrieved on: 
Thursday, September 21, 2023

NEPTUNE, N.J., Sept. 21, 2023 /PRNewswire/ -- Spectrotel, Inc., a next-generation aggregator and leading integrated communication services provider, today announced the appointment of Jon Moss as Vice President of Digital Transformation concurrent with a multi-million-dollar investment to take Spectrotel's Managed Network Services to the next level. The new technology initiative is supported by Grain Management ("Grain"), who approved the project following the acquisition of Spectrotel earlier this year. 

Key Points: 
  • The new technology initiative is supported by Grain Management ("Grain"), who approved the project following the acquisition of Spectrotel earlier this year.
  • Jon is a technology leader with a deep background in cloud scale software engineering, big data analytics, network observability, AIOps and automation.
  • Jon is enthusiastic about creating a rich digital customer experience backed by highly scalable enterprise software stacks.
  • We are delighted to have Jon join our leadership team with a focus on leading our technology transformation that will facilitate this effort."

Linux Foundation Telco API Project, CAMARA, Graduates to Funded Model with Strong Industry Commitment

Retrieved on: 
Tuesday, September 19, 2023

BILBAO, Spain, Sept. 19, 2023 /PRNewswire/ -- Open Source Summit Europe -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced that its CAMARA project, an open source community addressing telco industry API interoperability, has graduated to a funded model. The news was shared onsite during the opening keynote at Open Source Summit Europe.

Key Points: 
  • The funded model will introduce a Governing Board, Technical Steering Committee, and End User Council to manage collaboration at scale.
  • The new funded model will ensure even more impactful collaboration across the board."
  • This prevents fragmentation and empowers faster, more versatile advancement of global application portability and broad industry adoption of new features and capabilities.
  • "CAMARA is partnering with the whole industry to provide the right telco APIs to meet the demands of our enterprise and developer users.