3.46

NOKIA CORPORATION in Smart Governments Solutions

  • Uusimaa, Finland
  • 1865
  • $10BN to $50BN
Regions
3.46
Company Overview
The company also aims to serve governments, communication service providers, and large enterprises, using its smart city solutions. Moreover, these solutions are designed to provide a shared, secure, and scalable platform, which deliver smart technology and data to enable human possibilities of smart, safe, and sustainable cities. Furthermore, Nokia Corporation also introduced the new concept of Smart City Playbook, which provides real guidance to cities in order to make them smarter.
USP

Nokia Corporation provides its Intelligent Management Platform for All Connected Things (IMPACT), an IoT platform for service providers, enterprises, and governments. With the help of this platform, the company is able to capture more customers, develop new business models, and also differentiate its competitive position in the market. The company introduced IMPACT IoT platform for the next era of smart cities by offering video analytics, smart parking, smart lighting, and vehicle applications.

NOKIA CORPORATION Popular Comparisons
Evaluated against 160 key buying criteria
Strengths
  • Consulting
  • Support and Maintenance
  • System Integration and Deployment
  • Analytics
  • Managed Services
  • Network management
  • Security solutions
  • Identity and access management (IAM)
  • Other Features
  • Security and Vulnerability Management 
  • Streaming Analytics
  • Breadth and Depth of Product Offerings
  • Delivery
  • Solutions Offered
  • Delivery strategy
  • Product Features and Functionality
  • Support and Services
  • Products/Solutions Offered
  • Customer Redressal Mechanism/Program
  • On-Site Support
Weaknesses
  • No Weaknesses
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Questions And Answers
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NOKIA CORPORATION Presence in Smart Governments Solutions
Nokia Corporation is enhancing its business needs by using organic and inorganic business strategies, such as acquisitions and new product launches. In June 2016, Nokia Corporation launched the IMPACT IoT platform to provide users with pre-integrated applications for the smart cities and transportation/automotive verticals. This IMPACT IoT platform includes smart parking application that provides real-time information on parking availability and the payment process. Moreover, introduction of IMPACT IoT was a strategic move by the company, aimed at expanding its business. Therefore, the company continuously innovates to broaden its product portfolio and cater to the changing demands of customers. The company also increased its R&D expenditure in 2016, as compared to the previous years and invested 20.8% of its total revenue toward R&D in 2016.
#1 Product Features and Functionality / Solution Features
#2 Solution Features / Streaming Analytics
#3 Services / Consulting
#4 Services / System Integration and Deployment
#5 Services / Support and Maintenance

NOKIA CORPORATION QUADRANTS

NOKIA CORPORATION has chosen it’s strengths in these 3 territories
  • Niche Quadrant

    All-Europe

  • Niche Quadrant

    All-Middle East and Africa

  • Niche Quadrant

    All-Asia-Pacific