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Nokia invests in its IoT portfolio with SpaceTime Insight acquisition

Digital Networks IoT Broadband Internet

Networking vendor Nokia has snapped-up machine learning-powered analytics firm SpaceTime Insight, which it says will augment its IoT offering.

SpaceTime Insight specialises in the use of predictive analytics to manage and optimize the use of enterprise assets. It has packaged all this cleverness into an IoT platform and it’s this application that seems to have caught Nokia’s eye. Specifically Nokia is going to integrate SpaceTime into its IoT software portfolio and expects to produce better IoT apps as a consequence.

“Adding SpaceTime to Nokia Software is a strong step forward in our strategy, and will help us deliver a new class of intelligent solutions to meet the demands of an increasingly interconnected world,” said Bhaskar Gorti, president of Nokia Software. “Together, we can empower customers to realize the full value of their people, processes and assets, and enable them to deliver rich, world-class digital experiences.”

“Today marks a transformational moment for SpaceTime, and I’m delighted to join forces with one of the world’s top organizations-a global brand that is reshaping the future of networking and intelligent software,” said Rob Schilling, CEO of SpaceTime Insight, who’s hanging around. “I am excited for this incredible opportunity to help accelerate and scale Nokia’s IoT business and provide a new class of next-generation IoT solutions customers cannot find anywhere else.”

It has been a busy start to the week for Nokia. On the software side its Nuage SDN division announced a deal win with Telefónica Spain to software-define its datacentres. This is an extension of an SD-WAN rollout last year and the usual claims of agility, scalability and efficiency apply.

“To meet the rapidly emerging business requirements for agility and on-demand deployments, we moved aggressively to build our business connectivity services around a new cloud-based architecture,” said Joaquín Mata, director of operations, network and IT at Telefónica Spain. “Nuage Networks provided us with a highly scalable SDN architecture that could support all our services across all our regions without disruption. We are confident our customers will significantly improve their businesses with these new cloud-based services.”

Lastly Nokia has got together with French operator SFR to claim the first French 5G NR call over the 3.5 GHz spectrum. It was a test conducted at Nokia’s Paris campus and seems to be a pretty standard affair, designed as much to give the protagonists some 5G kudos as anything else.

“SFR is developing a roadmap for the evolution of its networks that takes into account the benefits and complexity of implementing 5G,” said François Vincent, head of Mobile Network at SFR. “The joint projects and trials will enable us to meet future data demand in the most effective way, while exploring new ways to deliver our media content that will increase the subscriber experience.”

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