Friday, March 26, 2021

NOK stock: Yahoo -> Finance -> Conversation | ClearWorld

 Nokia Corporation NOK recently inked a reseller agreement with ClearWorld to offer smart city solutions across the United States. The deal with the alternate energy systems provider will facilitate the company to provide a comprehensive portfolio of smart urban infrastructure solutions to various cities.


Per the deal, Nokia will sell ClearWorld’s smart poles as part of its smart city offering to provide a sustainable, resilient, and redundant power source for uninterrupted power supply to keep critical infrastructure and networks live through power outages and natural disasters. The solar wrapped poles further reduce utility operating and maintenance costs and boast built-in IoT capabilities. Leveraging such unique capabilities, the telecommunications equipment provider can deploy 4G and 5G radios on the poles for seamless connectivity options as well as for innovative IoT-based city services.

The smart poles can be installed in various locations such as parks, parking lots and roadways, supporting diverse applications including video analytics, Wi-Fi access points, smart lighting, gun-shot detection and license plate reading. Such infrastructure solutions are likely to pave the way for intelligent, integrated city platforms that utilize 5G, industrial IoT and machine learning technologies to provide foundations for safe and secure urban innovations.

Nokia is well positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with software and services to manage them. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect with each other. These include seamless transition to 5G technology, ultra-broadband access, IP and Software Defined Networking, cloud applications and IoT.

No comments:

Post a Comment