Nokia and Ernst & Young Oy (EY Finland) formed a strategic alliance to help enterprises and communication service providers (CSPs) accelerate their digital and business transformation journey and unleash the business potential of private wireless and 5G network capabilities.
Raghav Sahgal, president of Cloud and Network Services, Nokia, said: "Together with EY people, we will bring leading, high-performance, and secure network solutions for operators and industrial players around the world, and the experience required to develop innovative business models and 5G use-cases for enterprises. This means an acceleration of the digital transformation journey for customers as they seek to reinvent themselves in a post-pandemic world."
The global leader in business and advanced technology consulting collaborates with Nokia to address the management and security challenges relating to emerging technologies and the extensive data they generate.
Greg Cudahy, EY Global Technology, Media & Entertainment and Telecoms Leader, said: "The impact of 5G across industries is a growing priority for EY clients undergoing digital and business transformation, as new use cases become a critical focus looking beyond this period of crisis. Nokia's leading capabilities in private wireless and 5G deployment complement the EY strategic alliance ecosystem in this evolving landscape. The alliance with Nokia helps deliver end-to-end solutions to address clients' most pressing challenges as they respond to dramatic shifts in market dynamics and strive to accelerate growth and productivity gains."
In today's fast-changing environment, the alliance focuses on three key offerings:
- Fueling digital transformation for manufacturing, energy, and operations across industries, including advanced connectivity for enterprises
- Building cybersecurity and digital trust by protecting telcos, service providers, and enterprise clients' core operations
- Capturing and monetizing 5G business enterprise opportunities and digitalizing CSPs' complete business operations
Enterprise 5G and edge cloud technology will also be a key feature at the EY-Nottingham Spirk Innovation Hub. Hence, Nokia will equip the Innovation Hub with Nokia Digital Automation Cloud, a platform for industrial-grade private wireless connectivity and edge computing. Together with EY, they will be accelerating industrial automation and connecting people, machines, and devices with business processes across industries.
John Nottingham, co-president and co-founder, Nottingham Spirk, said: "Nokia's contribution to the EY-Nottingham Spirk Innovation Hub will provide hands-on demonstrations for visitors to experience the power and possibilities of a connected 5G network."