A recent report from Nokia and Hewlett-Packard (News - Alert) Enterprise (HPE) confirmed that the two information technology powerhouses will work together to release a number of new Internet of Things (IoT) products.
The pair said it expects to focus on business customers in the industrial and manufacturing markets. New software and hardware will touch automation and maintenance of workplace activities while also addressing so-called “smart city” features such as lighting and building capabilities like power management and efficient heating and cooling. These business assets will be connected to the Internet to make use of remote connections where manufacturers and individual companies can manage buildings and entire cities from any remote location.
Kathrin Buvac, the chief strategy officer at Nokia (News - Alert), spoke in the joint announcement about her company’s excitement to have HPE as a partner. She noted that HPE’s reach into the global market will allow Nokia products to touch more businesses. Likewise, Antonio Neri, the executive vice president at HPE, commented that both companies’ histories of innovation should allow many manufacturing groups to evolve as Internet-connected brands.
This focus on manufacturing and smart cities is an extension of existing agreements the pair has with one another. They have collaborated on past projects to advance the next generation communications capabilities of many types of businesses, which has resulted in 30 proofs-of-concept and 25 deals with enterprise customers and telecoms.
Both Nokia and HPE are wading in a sea of market growth. Reports seen at TMC (News - Alert) include predictions that the IoT security market could reach $30 billion by 2020, the industrial IoT market could see $151 billion by 2020, and IoT sensors market may reach $38.41 billion by 2022. That’s some serious expansion.
If these partners hope to make the most of global demand for connected cities, they will have to create products that work well and present cost savings that best the competition. Telecoms, of course, will continue to be interested in the communications capabilities of their networks; the existing proofs-of-concept will tackle those concerns. The new products scheduled for release in early 2017, should build communications into overarching management software that helps businesses control their individual campuses and city managers control their towns.