Nokia Veturi program

As modern networks continue to evolve towards 5G and the Internet of Things (IoT), there is an essential need to manage very rapidly increasing data transfer and network capacity requirements to provide low latency services and increase capacity in a sustainable way. Edge computing and edge intelligence are considered an essential element in 5G networks. They both represent a key enabling factor for future sustainable digital infrastructure and networks. For example, optimization of workloads can significantly reduce energy consumption related to data transport.

Nokia’s Veturi program mission is built on the following three pillars, which together strengthen Finland’s role on research and development:

1. Sustainability and competitiveness: edge computing can significantly improve energy efficiency, data security, and privacy on the digital infrastructure. Cloud computing is transforming the telecoms landscape, offering Communications Service Providers (CSPs) flexibility, lower overall costs and high service availability to meet the growing demands on networks, sustainability, new applications and data by consumers and enterprises. It will also open up significant business opportunities for the new edge application developers.
2. Network scalability and operability: Edge computing enable massively distributed, automated, cloud-native and secured basis across geographically diverse locations making latency-sensitive applications and digital services sustainable and energy efficient.
3. Solution Focus: Co-innovation and co-development among CSPs, webscalers and network technology companies is essential to create edge-based global solutions that enable sustainable and automated data transfer across future digital infrastructure for consumers and enterprises in every industry. With well-created ecosystem initiatives, effective sectoral integration of core competences and with a common roadmap in Finland we have a unique global position to grow new global multi-billion level businesses.

This program will strengthen the position of Finnish edge ecosystem in global markets and create sustainable competitive edge for Finnish ecosystem and platform to develop new innovative solutions, and Nokia is looking forward to collaborate with a large number of ecosystem partners and with Business Finland in our new Veturi program.