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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Nokia Oyj    NOKIA   FI0009000681

NOKIA OYJ (NOKIA)
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Nokia Oyj : unlocks value from telco data through new Analytics Services, expanded application of augmented intelligence

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10/03/2017 | 08:01am CEST

Press Release

Analytics Services with Zero CAPEX analytics capabilities help operators unlock value from Telco data

  • Augmented intelligence improves first time resolution of network issues by 20-40 percent
  • Crowd-sourced data and machine learning reduces dropped calls by up to 35 percent


3 October 2017

Espoo, Finland - Nokia expands its Analytics Services offering to unlock value from telco data, enabling improved network issue resolution and fewer dropped calls for operators. Powered by the Nokia AVA cognitive services platform, the expanding Analytics Services offering takes advantage of billions of crowd-sourced measurements, enriched through machine learning to provide forensic analysis of network performance and actionable outputs. The new services draw on Nokia Shannon Intelligence, which integrates augmented intelligence throughout the company's end-to-end portfolio.

Nokia Analytics Services are multi-vendor capable, building on several key features:

  • Zero CAPEX commercial model delivers analytics solutions via Nokia AVA cloud native platform, linking payment to results
  • DevOps approach ensures bi-weekly content development 'sprints' to address the fast pace of the IoT world
  • Use case factory combines pre-packaged global use cases together with locally developed content to create highly tailored solutions
  • Nokia AVA Knowledge Library to re-use code and curate best practice based on the experience of more than 30,000 Nokia services experts around the world

Nokia Analytics Services introduces six new use cases:  

More agile and advanced methods are required to address the requirements of increasingly dense, complex, and multi-layered networks on the path to 5G. Mobility Analysis and Optimization reduces dropped calls by up to 35 percent using crowd-sourced performance measurements and algorithms developed by Nokia Bell Labs. Spectral Performance Management uses a similar approach to enable more granular capacity planning.

Operators are evolving towards future artificial intelligence-driven network operations. Cell Site Degradation Prediction can already predict service degradations on cell sites up to seven days in advance through machine learning. Similar Ticket Recognition uses deep-learning to find patterns in unstructured data, and the Nokia MIKA digital assistant to guide engineers to the best solutions to network issues, leading to a 20-40 percent improvement in first time resolution.

Operators want near real-time insight into the quality of experience (QoE) that subscribers receive. VoLTE Audio Gap Analysis boosts the experience for subscribers using VoLTE by using machine learning and can be further enhanced by Nokia's Wireless Network Guardian solution. Multiple sources of data are correlated to rapidly identify issues that impact QoE. Predictive Video Analytics provides insight on encrypted traffic and identifies bottlenecks that impact the delivery of video services. Furthermore, Nokia Bells Labs modeling is used to quantify the link between video QoE and underlying business drivers such as churn, and net promoter score.

Sheryl Kingstone, research director, 451 Research: "The business potential of analytics is yet to be tapped fully by the telco industry. Telecom operators often require help to unlock the value of data, through targeted and actionable insights. Nokia is helping operators through the stormy waters with analytics expertise to improve customer experiences, reduce churn, and identify new revenue sources."

Dennis Lorenzin, head of Network Planning and Optimization, Global Services, Nokia said: "Our analytics services help to cope with the complexity of today's networks.  We at Nokia provide insights to improve network availability and quality. We can augment human intelligence to improve efficiency and reduce the cost of operations. In addition, we can provide deeper insights to improve quality of experience based on subscriber, device and application usage patterns."

Nokia Shannon Intelligence is the knowledge system infused in Nokia's next generation devices, machines and networks to extrapolate data trends that aid in machine and human decision making. This includes predictive and cognitive techniques across Nokia's analytics suite and extensive cloud technologies, combined with other technologies to enable complete digital transformation. Bell Labs, the renowned research and development engine of Nokia, is an expert in augmented intelligence.

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About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industry's most complete, end-to-end portfolio of products, services and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging applications in virtual reality and digital health, we are shaping the future of technology to transform the human experience. nokia.com

Media Inquiries
Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NOKIA via Globenewswire

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Financials (€)
Sales 2018 22 199 M
EBIT 2018 2 127 M
Net income 2018 -59,7 M
Finance 2018 3 749 M
Yield 2018 4,11%
P/E ratio 2018 -
P/E ratio 2019 33,29
EV / Sales 2018 1,04x
EV / Sales 2019 1,01x
Capitalization 26 775 M
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Average target price 5,58 €
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Risto Kalevi Siilasmaa Chairman
Joerg Erlemeier Chief Operating Officer
Kristian Pullola Chief Financial Officer
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