Nokia Announces Plans of Launching Cloud-based Software Subscription Service

Key Points:

  • Nokia is set to make an entry into the software-as-a-service (SaaS) space by offering solutions for communication service providers (CSPs)
  • Nokia’s offering will improve business outcomes for CSPs with a cost-effective, automated, and flexible software model.
  • Nokia’s SaaS model for CSPs will pave the way for faster “time to value” for network services. 
  • Nokia will offer multiple SaaS for CSP services in the analytics, data management, and security domains. 

Nokia, the popular multinational telecommunications company, announced that it will introduce different SaaS solutions for CSPs. According to the company, it is a key step toward providing operators a cost-effective, flexible, and customer-oriented solution to improve network management. 

Providing SaaS for CSPs can be seen as a natural progression of Everything-as-a-service, a key component of Nokia’s overall strategy. It also provides a clear idea of the steps taken by the company to improve CSP network operations. 

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Nokia’s strategy to enhance CSP network operations

Some of the important steps Nokia has taken to improve CSP network operations include rebuilding its software applications to make them cloud-native. In addition, these applications can be deployed in a cloud environment without any difficulties. 

The onset of 5G opens up new avenues for CSPs. However, to make the most of it, CSPs are required to make a few changes and move away from deploying customized software for network management, security, analytics, and more. These functions operate on expensive and sophisticated on-premise infrastructure. 

This is why Nokia is moving aggressively to drive this change. Nokia’s overall idea of providing SaaS to CSPs is about providing value and minimizing complexities. Nokia will move forward with the plan by offering subscription-based on-demand solutions. This approach will get rid of the large capital expenditures and also fast-track the CSP’s ability to introduce new services. 

Nokia’s SaaS offerings

Now, Nokia will offer a plethora of SaaS solutions, out of which, Nokia Data Marketplace (NDM) is available commercially. Nokia launched the NDM “as a service” earlier in 2021. 

The new NDM version provides faster automation, efficiency, and scalability to CSPs and companies across different industries. 

Nokia has been working toward becoming a SaaS company for a while. The company also created its software division in 2016, but could never go ahead with the idea for an array of reasons. 

 Mark Bunn, Senior Vice President, Nokia said that they have finally executed the idea and also developed the underlying technology to ensure that the project is scalable. 

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Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune. 

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