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Search resuls for: "Private 5G"


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[1/3] A mockup of the new Nokia logo, is seen at an unknown location, in this undated handout picture received on February 25, 2023. The new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of colours depending on the use. Major technology firms have been partnering with telecom gear makers such as Nokia to sell private 5G networks and gears for automated factories to customers, mostly in the manufacturing sector. Nokia plans to review the growth path of its different businesses and consider alternatives, including divestment.
STOCKHOLM, Feb 14 (Reuters) - Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up a year earlier. "We grew the business significantly last year with the number of customers and number of networks," Chris Johnson, head of Nokia's enterprise business, told Reuters. The companies said some customers were now coming back to put private networks into more of their factories after the initial one. In Dow Chemical's petrochemical processing plant in Texas, the private wireless network increased worker safety, enabled remote audio and video collaboration, personnel tracking, and vehicle telematics, the companies said. The size of the global private 5G network market is expected to reach $41.02 billion by 2030 from 1.38 billion in 2021, according to a study by Grand View Research.
During the difficult months of lockdown, many healthcare professionals conducted nonemergency appointments remotely to protect their patients and prevent COVID from spreading even further. Sanjiv Gossain, the group vice president and head of EMEA at Verizon Business, said that 5G technology will help the healthcare industry solve some of its biggest challenges. 5G use is increasing in health servicesMore companies are joining the effort to make healthcare more accessible through 5G technology. Joe Drygas, the vice president of healthcare solutions at AT&T, said that 5G will allow even more people to access healthcare globally. While cost and infrastructural challenges remain, 5G technology has already begun to transform healthtech and patient care.
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