Sensing as a Service
Existing assets, new revenue streams
Today’s world relies on the timely acquisition, transmission and processing of data. Data is turning into a valuable new source of revenue for operators, as well as an effective way to achieve more efficient management of their own network assets.
The Internet of Things will soon see billions of object and devices sending vast amounts of data that need to be retrieved, interpreted and acted upon. Cities are also growing rapidly, leading to a need to process data to ensure they remain sustainable environments for their citizens.
Nokia Sensing as a Service (aaS) brings new data monetization opportunities to operators, using existing infrastructure to offer real-time processed and analyzed environmental data. It also allows them to manage their networks through remote monitoring of network assets.
Service providers are increasing their focus on generating new sources of revenue, enhancing operational efficiencies and reducing investment complexity. Nokia launches a new service that enables innovative monetization opportunities through digitalization of existing network assets, enabling the creation of automated smart contracts that leverage a blockchain backend.