Nokia and Tencent have signed an agreement to carry out joint research and development work to explore the potential of 5G for the provision of new applications, including vertical markets like transportation, finance, energy, intelligent manufacturing and entertainment.
As per MoU, Nokia and Tencent will establish an end-to-end 5G test environment in Shenzhen. Going forward, Nokia and Tencent will leverage the artificial intelligence and automation management capabilities enabled by 5G to promote international standards and an open-source ecosystem to expand the development of new services.
The companies will conduct 5G applications research using technologies such as Edge Computing to benefit a number of vertical markets, including transportation, finance, energy, intelligent manufacturing and entertainment. This will potentially open up the widespread introduction of applications such as Cellular Vehicle-to-Everything (C-V2X) and enhance the delivery of services such as cloud-based gaming and entertainment.
Zeng Yu, Vice President, Tencent said, “Tencent and Nokia are fully committed to delivering richer, more diverse, multi-level services and applications for enterprises, and individual customers. Furthermore, we will support each other in creating more financial and social benefits in our respective fields, to pursue success in the new era of digital economy.”
Marc Rouanne, President – Mobile Networks, Nokia said, “This collaboration with Tencent is an important step in showing webscale companies around the globe how they can leverage the end-to-end capabilities of Nokia’s 5G Future X portfolio. Working with them we can deliver a network that will allow them to extend their service offer to deliver myriad applications and services with the high-reliability and availability to support ever-growing and changing customer demands.”