Nokia announces new SaaS service for 5G, IoT monetization

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Nokia announces new SaaS service for 5G, IoT monetization

Nokia first made its entry into providing operators with SaaS solutions in 2021, when it introduced the Nokia Data Marketplace

Nokia launched a new Software-as-a-Service (SaaS) solution designed to help communication service providers (CSPs) and enterprises commercialize new 5G and IoT use cases and offerings. The solution, called AVA Charging, provides “intelligence everywhere” using AI, machine learning, no code configuration, open APIs, multi-cloud orchestration and digital ecosystems, said the vendor.

The solution supports environments with more than 150 million subscribers and can be integrated with 5G Standalone core network functions in a multivendor environment. Nokia said that for CSPs, the SaaS solution will allow them to better monetize new consumer and enterprise offerings such as cloud gaming for the former and logistics for the latter.

According to a statement made by Mark Bunn, SVP of Nokia’s cloud and network services, the newest SaaS offering enables CSPs and enterprises to have “dynamic digital infrastructure” and provides the increasingly “necessary pay-as-you-go, pay-as-you-grow commercial model.”

Nokia AVA Charging represents Nokia’s eighth SaaS service, following two other 2022 launches: Nokia AVA Network Data Analytics Function and Nokia AVA for Energy. Nokia first made its entry into providing operators with SaaS solutions in November 2021, when it introduced the Nokia Data Marketplace. At the time, the company articulated plans to develop three primary SaaS suites covering marketplaces, digital enablement and networking. The company said it believed there to be a $3.1 billion addressable market in the period running 2021 to 2025.

Speaking to RCR Wireless News at this year’s Big 5G Event in Austin, Bunn said: “The reality is that the industry has been transitioning from a hardware industry to a software industry. It makes a lot of sense for us, at this time, to think about software as a service.” 

The post Nokia announces new SaaS service for 5G, IoT monetization appeared first on RCR Wireless News.

Nokia first made its entry into providing operators with SaaS solutions in 2021, when it introduced the Nokia Data Marketplace Nokia launched a new Software-as-a-Service (SaaS) solution designed to help communication service providers (CSPs) and enterprises commercialize new 5G and IoT use cases and offerings. The solution, called AVA Charging, provides “intelligence everywhere” using AI, machine learning, no code configuration, open APIs, […]

The post Nokia announces new SaaS service for 5G, IoT monetization appeared first on RCR Wireless News.

Catherine Sbeglia Ninhttps://www.rcrwireless.com/20220922/telecom-software/nokia-announces-new-saas-service-for-5g-iot-monetizationhttp://feeds.feedburner.com/rcrwireless/sLmV?format=xmlRCR Wireless News

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