Nokia has launched Software-as-a-Service (SaaS) services for telecoms, promising a less expensive pathway for operating their network.
Everything-as-a-Service is a key element to Nokia’s strategy.
CSPs are in the process of shifting away from the legacy practice of deploying customized software for analytics, security, network management, and other functions, that run on costly, complex, on-premise infrastructure.
Nokia will be providing software on demand via subscription eliminating up front capital expenditure and avoiding the need to perform on-site software maintenance and updates.
Nokia Data Marketplace (NDM) is available through a SaaS framework to share and access data. Nokia launched NDM “as a service” earlier this year. The SaaS version of NDM offers enhanced automation, efficiency and scalability to CSPs and enterprises in a variety of industry verticals, including energy, public sector, transportation, and smart cities.
Nokia is targeting a SaaS addressable market, comprised of CSPs and enterprises, with a value of $3.1 billion and an annual growth rate of approximately 25-30 percent for the 2021-2025 period. Nokia is in discussions with several SPs about using its SaaS services, including security.
Nokia’s new SaaS-based NetGuard Cybersecurity Dome will be available in early 2022, enabling SPs to assure 5G networks and monetize security tied with services like 5G slicing.
Nokia Anomaly Detection, a machine learning service aimed at remediating network anomalies before they affect network customers, helps CSPs improve operational efficiency and will also be commercially available in early 2022.
“SaaS is the software consumption model of the future. This will position Nokia well to serve operators that need to accelerate the adoption of new cloud-based technologies at scale, such as 5G, IoT, edge computing and AI,” Caroline Chappell, Research Director at Analysys Mason, said.
“Our SaaS delivery framework is in a strong position. It enables a combination of rapid time to value with on-demand access for Nokia SaaS applications and low cost of ownership, based on a pay-as-you-go / pay-as-you-grow commercial model,” Raghav Sahgal, President of Cloud and Network Services at Nokia, said.
