Nokia recently announced at MWC Barcelona 2023 an updated company and technology strategy, and unveiled a refreshed brand, as part of its long-term strategic transformation, a press release said Monday.
Companies across every industry are looking to digitalization to improve efficiency, flexibility and productivity in a sustainable way. Networks
Pekka Lundmark, President and CEO of Nokia, said: “We see the potential of digital to transform business, industry and society with an opportunity for significant gains in productivity, sustainability and accessibility. Our market-leading critical networking technology is increasingly needed by customers and partners in every industry.”
Nokia’s updated technology strategy details how networks will need to evolve to meet the demands of the metaverse era. As the world evolves to increasingly rely on connectivity, the network will become the underlying fabric to everything digital where network performance and consumability will have equal weight and importance. The qualities of traditional networking will be required to integrate with the flexibility and scalability of cloud.
These networks that sense, think and act have the potential to bring the transformative power of networking to every industry.
The company’s new logo has been designed as a symbol of collaboration, which Nokia believes to be critical for realizing the exponential potential of networks: unlocking gains in sustainability, productivity, and accessibility.
