How to monetize 5G successfully?
With $103 billion spent on 5G networks in 2022 and another $129 billion projected for 2023, the pressure is on communications service providers (CSPs) to see returns on these investments. Traditional revenue growth in both consumer and enterprise markets is limited, making the development of new revenue streams essential. By exposing advanced 5G capabilities through standardized APIs, operators can create new business models, offering differentiated services based on factors like quality of service or network resources consumed, leading to performance-based monetization
What are the benefits of network APIs?
Service providers have multiple opportunities to monetize network APIs through various business models. They can engage directly with CPaaS providers, aggregators, application service providers, and customers. Revenue generation can occur via wholesale or retail channels, using revenue share, subscription, or usage-based pricing strategies.
The CPaaS market has led the way by providing access to capabilities like messaging, voice, and video through programmable network APIs, enabling integration into digital applications (e.g., Uber’s in-app calling). The next step is to go beyond CPaaS and expose a wider range of network capabilities through APIs, such as real-time immersive video, edge processing for autonomous vehicles, and robot control. These APIs enable applications to dynamically interact with and adapt to networks in real-time, creating new monetization opportunities.
For communications service providers (CSPs), network APIs offer a better return on investment for 5G infrastructure by charging developers for access and fostering closer relationships with applications leveraging these capabilities, unlocking monetizable value from their networks.
Experience the art of the possible
How to commercialize Network APIs?
What is Nokia’s Network as code?
Our innovative Network as Code platform is designed as a trusted two-sided ecosystem paradigm. This platform aims to simplify network complexities by abstracting them and exposing developer-friendly interfaces. These interfaces enable developers to deploy applications seamlessly across multiple public and private networks.
One of the platform's key features lies in its software development kits (SDKs), which eliminate the need for app providers to understand the service provider's intricate network workings or specifics. By abstracting these complexities, Nokia's Network as Code platform empowers developers to focus solely on creating applications without delving into the underlying network intricacies.
Through this approach, Our Network as Code platform fosters a seamless integration between applications and networks, facilitating a streamlined deployment process across diverse network environments. This paradigm shift promises to revolutionize how applications interact with networks, paving the way for innovative solutions and accelerated digital transformation.
What do the experts say about Network as Code?
Why developers are choosing Network as Code?
Our network as code platform provides a simplified developer experience without the burden of navigating the complex underlying network technologies. A platform that provides developers with an easy journey to learn about the capabilities being exposed to them via programmable interfaces and provides them with tools like code artifacts and testing sandboxes so that they can onboard capabilities onto their applications quickly.
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Network as Code
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Network as Code for developers
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Built on cloud-native and programmable infrastructure, Nokia Network Enablement Platform NEP offers an extensive range of API Enablement functionalities.
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For a programmable and open 5G
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