London, NFAPost: Nokia has announced new 4G and 5G Core Network software solutions for mission critical needs of enterprise verticals, thus expanding the portfolio range available to large, mission-critical enterprises and governments.
The new launch reflects Nokia’s deeper push into driving continued leadership in private wireless. Nokia Core Enterprise Solutions are an integral component of Nokia’s private wireless solution.
Nokia Core Enterprise Solutions are based on the company’s widely deployed Core products and optimized to help enterprises take advantage of secure carrier grade capabilities and digitalize their network infrastructure to realize increased automation, productivity and efficiency.
Nokia SVP & General Manager of Core Networks, Cloud and Network Services Fran Heeran said the exciting new evolution of Core portfolio further enhances Nokia’s leading position in private wireless.
“Nokia Core Enterprise Solutions will provide important catalysts for accelerating digital transformation for enterprises in public safety and power utilities. They will modernize large scale enterprise networks, as well as provide important broadband capabilities and a clear and path to deploying private 5G for the WAN,” said Nokia SVP & General Manager of Core Networks, Cloud and Network Services Fran Heeran.
The addressable market for Core networks solutions in the enterprise FAN/WAN private wireless communications space is expected to increase 50 percent and reach EUR 1.5 billion by 2027 from approximately EUR1 billion today, according to Nokia estimates.
These new solutions are tailored to the specific mission-critical network needs of public safety and power utilities, and include highly optimised footprint and operational requirements and streamlined deployment and support.
The solutions are expected to be commercially available later this year. They provide unified 4G and 5G data, voice and subscriber/device management capabilities, and create streamlined adoption paths across technology and application generations. These include use of broadband-enhanced communication tools for public safety and the introduction of IoT in power utilities.
