Nokia will improve their IoT with SpaceTime, a software maker and an asset analytics that helps asset-intensive companies to extend the life of their assets.
Paul Lau, Chief Grid Strategy and Operations Officer said that SpaceTime Insight helps Nokia to be more responsive, more efficient and ultimately able to deliver more value to their customers. And their portfolio will give the customers new tools to better manage assets, maximize efficiencies, and deliver new capabilities.
This deal will have a big impact for Nokia’s IoT analytics capabilities, and will develop their IoT with high-value, and deliver new advanced applications for key markets including energy, logistics, transportation, and utilities. Nokia’s President, Bhaskar Gorti added that this partnership is a strong step forward in their strategy and will help them to provide a new class of intelligent solutions for the demands of an increasingly interconnected world.