Page 55 - SAMENA Trends - May-June 2022

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Nokia, LS ELECTRIC Sign Memorandum of Understanding to Develop ICT
Solutions and New Service Models

Nokia announced that Nokia and LS ELECTRIC, one of South Korea’s are excited to work with Nokia to develop new competencies and
biggest providers of electric power equipment and automation modernize our infrastructure, to provide market-leading solutions
solutions, have signed a Memorandum of Understanding (MoU) and leverage new business models. Nokia is our existing partner
to develop Information Communications Technology (ICT) and we are confident that its proven expertise and industry-leading
based solutions for new service models. The two companies solutions will help us realize our business vision.” Josh Lee, Head of
will collaborate to develop a model for factory automation, data Enterprise at Nokia Korea, said: “The emerging business models for
center and Electric Vehicle (EV) charging services. Nokia and LS Industry 4.0 demand close collaboration between the enterprises
ELECTRIC will also explore 5G private wireless networks business and ICT-based global communication equipment companies to be
opportunities as part of the agreement. The collaboration will better placed to leverage the market opportunities. We are pleased
enable LS ELECTRIC to modernize its infrastructure to provide that LS ELECTRIC has reiterated its trust in our capabilities and
market-leading solutions to its customers. Industrial-grade Nokia solutions by extending the existing partnership.”
private wireless solutions, Data Center Fabric and EV charging
solutions with Nokia Data Marketplace, will be used by LS
ELECTRIC to acquire new operational competencies. As part of
the MoU, Nokia will provide technical information and solutions
related to smart factory infrastructure, data center business and EV
charging businesses to support implementation strategies. Nokia
has deployed mission-critical networks to more than 2,200 leading
enterprise customers in the transport, energy, large enterprise,
manufacturing, webscale, and public sector segments around the
globe. It has also extended its expertise to more than 450 large
private wireless customers worldwide across an array of sectors,
and has been cited by numerous industry analysts as the leading
provider of private wireless networking worldwide. Jong-Woo Kim,
President and COO, Global Services at LS ELECTRIC, said: “We

Nokia, NS Solutions to Deploy 5G SA Private Wireless Network at Nara
Institute of Science and Technology to Advance Research Capabilities

Nokia announced that NS Solutions deployed Nokia Digital for enterprises from different industry verticals. Nokia DAC will
Automation Cloud (DAC) and 5G Fixed Wireless Access (FWA) enable us to quickly deploy Local 5G for NAIST to help them gain
technology as part of a Local 5G network for Nara Institute of new research capabilities and allow them to use the network to
Science and Technology (NAIST) at Nara prefecture in Japan. conduct research for upcoming technologies. In addition, Nokia
The 5G private wireless network will allow NAIST to strengthen Fastmile CPEs allow the users to deploy 5G Fixed Wireless Access
its research capabilities, enable high-definition live streaming (FWA) quickly and easily." Donny Janssens, Head of Customer
of lectures and research videos and contribute to research on Team Enterprise Japan, at Nokia, said: “Nokia Digital Automation
next-generation mobile communication systems. The new local Cloud will allow NAIST to benefit from a highly reliable local 5G
5G network will enable NAIST to collect vast amounts of data in network to better manage its data assets and provide a superior
real-time and use Artificial Intelligence (AI) and Machine Learning learning experience. In addition, our FastMile 5G Gateway allows
(ML) to generate actionable insights. Local 5G networks will also NS Solutions to offer high-speed, reliable wireless connectivity for
allow high-definition live streaming to enable NAIST to provide a the local 5G network at NAIST. These solutions enable enterprises
more immersive education experience. It will also improve rainfall to leverage 5G technology in order to acquire new capabilities and
prediction accuracy by using 5G and GPS positioning functions. gain a business edge. We are pleased to work with NS Solutions on
Nokia Digital Automation Cloud (DAC), an end-to-end private this project and look forward to helping other enterprises benefit
wireless networking and edge computing platform, is designed to from innovative 5G use cases." Nokia has deployed mission-critical
empower enterprises from different industry verticals to leverage networks to more than 2,200 leading enterprise customers in the
5G-powered automation for greater efficiencies. The Nokia solution transport, energy, large enterprise, manufacturing, webscale, and
also includes the Japanese model of FastMile 5G Gateway, public sector segments around the globe. It has also extended
which was developed especially for local 5G use cases in Japan. its expertise to more than 450 large private wireless customers
Takashi Oshiro, Executive Director and Senior Vice President, at worldwide across an array of sectors and has been cited by
NS Solutions, said: "Our expertise coupled with field-proven Nokia numerous industry analysts as the leading provider of private
solutions allow us to deploy best-in-class Local 5G networks wireless networking worldwide.

55 MAY-JUNE 2022