Nokia and Infosys establish strategic alliance to support the digital transformation of major industries and enterprises
- Companies to initially collaborate on solutions for digital asset management - leveraging cognitive, AI and M2M technologies - for the energy, transportation and manufacturing sectors
- Collaboration also encompasses joint efforts in the communications, media and entertainment markets, as well as smart education initiatives
Nokia and Infosys, a global leader in consulting, technology and next-generation services, have established a strategic alliance to drive digital transformation in a wide array of enterprises and industries, addressing vertical markets including transportation, energy and manufacturing, media and entertainment and education. This collaboration will couple technology, products and services from Nokia with platform solutions, engineering and operations management expertise from Infosys.
The goal of the strategic alliance is to help enterprises digitalize their operations by applying the latest in artificial intelligence (AI), machine learning, and lean management coupled with the ubiquitous connectivity offered by today's mobile broadband and Internet of Things (IoT) networks.
As part of the collaboration, the two companies are developing solutions designed to address the specific needs of particular customer sets. Among the initial focus areas is the development of digital asset management solutions for the industrial environment that will will give enterprises a deeper understanding of the behavior of critical enterprise systems, enabling them to more effectively anticipate maintenance and operational requirements.
The companies are also working on solutions that digitalize business and operational processes for communications, media and entertainment companies. Finally, the companies are engaged in the smart education market, leveraging wireless broadband, cloud and IoT technologies to create digital education solutions, supporting smart campus and smart classroom environments.
The alliance agreement supports Nokia's strategy of expanding its customer base outside of the traditional telecommunications sphere, a key focus of the company's diversification efforts. It also highlights Infosys' role as a global leader in digital transformation by providing end-to-end, next-generation business solutions to vertical enterprises.