Nokia 2015 Annual Report Download - page 27
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Business overview
25NOKIA IN 2015
Networks business
in 2016
Market overview
Through our comprehensive, end-to-end
portfolio of products and services, we are
addressing a market described as “network
and IP infrastructure, software, and related
services”. This market encompasses mobile
network infrastructure, xed network
infrastructure, IP routing and optical
networks as well as the software platforms
and applications to optimize operations,
business, network performance, and
customer experience. While the majority of
our products and services are targeted at
telecommunications operators, an increasing
focus is on the public sector and large scale
enterprises, including webscale players
andindustry verticals.
Business overview and
organization
Our Networks business is conducted through
four business groups: Mobile Networks,
Fixed Networks, IP/Optical Networks and
Applications & Analytics. These business
groups bring together deep expertise
and leadership that span the key network
technology areas: smart products and
innovative services for mobile, xed and
IPnetworks, and beyond.
Our Networks business is conducted
through its four business groups: Mobile
Networks, Fixed Networks, IP/Optical
Networks and Applications & Analytics.
Demand for our portfolio is driven by the
increasing global demand for bandwidth
and network capacity as people’s lives and
enterprises become ever more digitized.
Data-rich websites, Cloud-based applications
and services, and video usage are ever more
pervasive, and enterprises are increasingly
digitalizing their processes and value chains.
Furthermore, we see a convergence of
disparate network technologies—across
mobile, xed, and IP and optical—enhancing
network performance and protability,
as well as simplifying end-to-end
networking services. In a similar manner,
telecommunications and IT domains are
increasingly converging, as networks become
more virtual, managed through software
applications and platforms via the Cloud. This
includes software decoupled from hardware,
open-source ecosystems leveraging APIs,
as well as more of the intelligence moving
from the core to the edges of the network
toincrease eciency and decrease latency.
Asthe only player that oers an integrated
end-to-end portfolio on a global scale,
we have a strong competitive position
tocapitalize on these opportunities.