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Movistar Empresas and Nokia announce alliance to develop IoT industrial networks that connect companies' smart devices

21. 06. 2023 Wednesday / By: Robert Denes / Industrial / Exact time: BST / Print this page

M ovistar Empresas and Nokia announced a strategic alliance to accelerate the digital transformation of companies in the region through the development of industrial IoT (Internet of Things) networks with the "Industrial IoT Network" (IIoTN) solution.

Bogota, June 20, 2023 - Movistar Empresas and Nokia announced a strategic alliance to accelerate the digital transformation of companies in the region through the development of industrial IoT (Internet of Things) networks with the "Industrial IoT Network" (IIoTN) solution. it is used to connect the company's networked smart devices. The association focuses on sectors with the greatest potential in the region, such as ports, mining and processing in the Latin American region.

Industrial IoT networks enable the development of systems that collect, monitor and analyze key data to drive the digital transformation of business and the evolution towards Industry 4.0, characterized by process automation.

These industrial-scale private networks allow companies to automate and optimize automated logistics processes, which increases operational efficiency, increases productivity and reduces costs, while improving the quality of their products and services. In addition, they contribute to making production lines more flexible, as well as better remote control and management of heavy machinery, accident prevention and becoming more sustainable by, among other things, measuring, monitoring and predictability of devices in production areas.

"Our goal is to offer the most innovative solutions to our customers so that they remain strategic allies in the digital transformation process. For this reason, we work with the most important brands, such as Nokia, with whom we already have extensive experience in the development of IoT solutions at a regional level, which allows us to strengthen our capabilities and offer the best service to our customers”. said Juan Vicente Martín, Director of B2B at Telefónica Hispanoamérica.

Néstor González, Chief Commercial Officer of Nokia Telefónica Corporate, said: "We are very excited about our partnership with Telefónica, which combines leading wireless private network solutions with the growing coverage of Telefónica Hispanoamérica's B2B solutions and services to jointly reach a wide range of companies and industries in the region . We are very excited to be at the forefront of digital transformation in Latin America, which has enormous potential for productivity benefits from Industry 4.0. We thank Telefónica Hispanoamérica for their trust in Nokia and we look forward to building many new networks together.”

According to a recent survey by Nokia and GlobalData of 70 multinational companies that have deployed Nokia industrial grade private wireless networks, nearly 80% of respondents expect to see a return on their investment within 6 months of deployment.

According to the Gartner ICT 2022 study, the IoT market potential in Latin America is 4,155 million euros by 2024, with an annual growth rate of 17%. Movistar Empresas currently has 5.3 million IoT connections and is the market leader in managed IoT solutions in the region in the industrial sector with 19 projects implemented between Chile, Colombia, Ecuador, Mexico and Peru in mines, ports and manufacturing.

The Telefónica and Nokia alliance contributes to accelerating the digital transformation of Latin American companies by jointly offering and deploying the full portfolio of Nokia's industrial-grade private wireless networks and digitization platforms. Alliances that offer the best solutions for business customers are one of the pillars of Telefónica, therefore the company strengthens its technological and innovation capabilities in cooperation with the most important brands and offers companies the best service. These alliances add the most relevant digital services to best connect their customers.


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