Nokia, best known for its mobile hardware, has bowed to the inevitable and launched three software as a service offerings aimed at telecom and enterprise buyers.
The first product to be ‘cloudified’ thus was only launched in May this year. Nokia Data Marketplace is a shared big data and analytics platform that enables mobile operators to make better use of the large volumes of data they generate, aggregating data sets and exchanging them securely with different parts of the business or externally with partners. Nokia says the SaaS version will provide better scalability and automation to its telco prospects.
Early next year Nokia will bring out a SaaS version of its NetGuard Cybersecurity Dome and Nokia Anomaly Detection products. Cybersecurity Dome helps uses algorithms from Nokia’s Bell Labs to help operators secure 5G networks while Nokia Anomaly Detection uses machine learning to find and remediate network anomalies before they start affecting customers.
Bringing SaaS offerings to market is one of Nokia’s publicly stated strategic objectives for 2021. The equipment giant also sees a large opportunity for itself in network security. Growing a subscription business while keeping the hardware side of the business on the road is a difficult balancing exercise, but as Microsoft has shown over the last decade, it can be done.
AL/ML | Microsoft | network monitoring | network security | Nokia | SaaS