Nokia (NYSE:NOK) Attains Full 5G Network Deployment Digitization
Recently Nokia (NYSE:NOK) took a big leap forward in deploying the 5G network globally by attaining 100% digitization of all associated processes. This move is likely to expedite time-to-market for the 5G deployment procedures, thus creating a healthy return on operators’ investments.
Nokia to help eliminate errors in the deployment of networks
So far, carriers have been relying on a combination of conventional methods that include digital and paper-based documentation for deployments of a network. The methods involved the risk of human inefficiencies and errors that Nokia wants to eliminate. This company’s latest move is likely to accelerate the process and be cost-efficient, thus enabling carriers to match changing customer needs quickly. Most importantly, this has minimized customer site visits by almost 30% with enhanced installation quality and back-office transactions and cycle times improvement.
The 5G deployment success depends on significant investment in upgrading infrastructures in the core fiber backhaul network, thus supporting expected data services growth. Currently, various operators are moving towards multi-use or converged network structures, combining video, voice, and data communications is a single network. Thus the industry is coming up with solutions that can support wireless and wireline network convergence. Despite all these investments focusing on minimizing delivery costs and supporting broadband competition, wireless densification and rural coverage seem to have been significantly compromised.
Nokia better positioned in the current technology cycle
Nokia aims to tide over the operational inefficiencies by having a faster, transparent, efficient, and much simpler delivery of services through the digitization of 5G deployment. To enhance its leading position in the industry, it facilitates the movement of customers ways from the economy-of-scale network model to a demand-driven one by having flexible automation and easy programmability, which is necessary for dynamic operations, enhanced efficiency, and minimize complexity.
Considering its strong end-to-end portfolio, Nokia is positioned for the current tech cycle. Its high-capacity AirScale product that enables faster upgrade to 5G is rapidly growing. Nokia is helping the transition of enterprises across the globe into a smart virtual network, thus having a single network for all services.