Drives the evolution of Internet of Things (IoT) ecosystem by verifying potential IoT devices used with Nokia Networks infrastructure
Enables Korean companies to enter global markets using Nokia Networks' global business channels
Includes IoT contest to vitalize Korea's ecosystem
Seoul, South Korea - 20 July 2015
KT, one of Korea's leading operators, has joined forces with Nokia Networks to set up the country's first IoT lab, a pioneering initiative that underlines the companies' commitment to foster a "Programmable World" through the convergence of IT and Telecommunications. The country's first lab will provide IoT-related technical expertise and knowledge to small and medium-sized partner companies to lay a strong foundation for the creation of an ecosystem where everyone and everything is connected.
This initiative is based on a Memorandum of Understanding (MoU) signed by both companies during MWC 2015. KT and Nokia Networks also agreed to implement the world's first LTE-M field trial by Q4 2015.
Virtual environment to enable interworking and network verification on Nokia Networks' LTE infrastructure
Technical assistance to small and medium-sized Korean partner companies to help them enter global markets
Various activities at the lab to promote IoT and build a robust knowledge base
Yun Kyoung-Lim, Head of Future Convergence Business Office at KT, said: "Together with Nokia Networks, we are leveraging upon the convergence of IT and Telecommunications to hasten our transformation into an ICT powerhouse. Furthermore, this lab is a strong iteration of our vision to become the number one player in Korea's IoT market. Our efforts are aimed at encouraging greater participation by domestic companies, which are a crucial factor in driving the change towards a creative IoT-based economy."
Andrew Cope, Head of Korea at Nokia Networks, said: "Executing upon an agreement signed at MWC15, Nokia Networks and KT have taken another step forward on an exciting journey that will culminate in the creation of the 'Programmable World' in Korea and beyond. After showcasing the world's first LTE-M* for interconnection of sensors, we have now created Korea's first IoT lab - a solid proof-point of our commitment to standardize LTE-M and create a strong and sustainable IoT ecosystem."
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Operators can deploy LTE-M with a simple software upgrade on their existing LTE networks
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TAGS: Internet of Things, IoT, LTE-M, Korea, KT
Originally founded in 1981 as a public corporation named Korea Electrical Telecommunications, KT is now the leading telecommunication corporation in Korea. KT provides a wide range of services, from local telephone and mobile LTE-network services to GIGA-level high speed internet services. Moreover, KT is leading its way to be a global ICT convergence leader by converging network, IT, media, and contents to provide Smart-Life which will connect us and the things around us.
Please visit www.kt.com for more information.
By focusing on the human possibilities of technology, Nokia embraces the connected world to help people thrive. Our three businesses are leaders in their fields: Nokia Networks provides broadband infrastructure, software and services; HERE provides mapping, navigation and location intelligence; and Nokia Technologies provides advanced technology development and licensing.
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* LTE-M or LTE for machine-to-machine communications, is a new LTE variant and pre-5G technology that is to be integrated into 5G. It provides a battery life of more than 10 years, 15 dB additional coverage and minimal device costs, and is the key enabler for connecting the billions of sensors and machines to the network that are needed for the Internet of Things. Nokia Networks demonstrated a live LTE-M solution prototype at the KT booth at Mobile World Congress 2015.