Nokia tops telecom software business by market share

image001 1Nokia has been ranked as the top telecom software provider with a marketshare valued at US$4.8bn in a market that grew about one per cent to US$66.1bn in 2018, according to a global study by analysts at Analysys Mason

According to research firm Analysys Mason’s findings, Nokia is significantly improving its 5G-ready mobile network management offering by evolving it to be cloud-native and including value features that communication service providers (CSPs) find valuable and will pay for; while also expanding the capabilities and commercial customers for its leading platforms, such as CloudBand.

The research firm stated that over the past few years, Nokia has re-oriented its software products onto a Common Software Foundation (CSF) that is cloud-native, multi-network, multi-vendor, 5G-ready, and optimised for the leading public cloud platforms.

Nokia’s CSF, the first in the telecom software market to be done at scale, makes the company’s products easier to deploy, integrate, service and upgrade; and easier for Nokia to deliver new innovation faster to customers, the firm noted.

As part of executing its software strategy over the past few years, Nokia has also established a dedicated software go-to-market organisation and significantly transformed its R&D and delivery organisations.

Dana Cooperson, research director, Analysys Mason, said, “Nokia’s performance was notably strong in high-growth areas such as network orchestration and automation, which are a big challenge for CSPs moving into the 5G era and where it has a wide range of products and professional service capabilities to help its customers make the NFV/SDN leap. Nokia’s investment in its Common Software Foundation and its cloud-native product portfolio should help it further strengthen its market position in 2019 and beyond.”

Bhaskar Gorti, president of Nokia Software, commented, “The move to 5G is going to be driven by cloud-native software and technologies compared to prior generations. The demands of digital services, 5G and industrial automation cannot be met by just modifying old applications – rather they must be rewritten for the cloud from the ground up. This is why our approach to building modern applications on top of our cloud-native Common Software Foundation is resonating in the market.”

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