Thursday, September 12, 2013

Risto Siilasmaa: Nokia Reinvented

Even after the pending sale of its mobile devices and services to Microsoft, Nokia will remain a strong company with clearly defined interests in network equipment, location cloud services, and technology development, writes Risto Siilasmaa, the chairman of Nokia’s board, on the company blog.

"With the recent decision, 32,000 of our 88,000 employees and little less than half of the trailing 12 month revenues move to Microsoft. This is truly a transformational change for Nokia."

Siilasmaa outlines 3 elements of the new Nokia Reinvented:

NSN -- supplying technology and infrastructure to operators worldwide, with strengths in LTE and its Liquid Applications portfolio.

HERE -- becoming the leading location cloud business through an offering across connected devices, enterprise solutions and car.

Advanced Technologies -- building on the current CTO unit and the IP business. Recent innovations include technologies for video and audio encoding, including H.264 and HD voice; low-power connectivity technologies such as Bluetooth LE (low energy) and imaging technologies which are now powering augmented reality apps such as HERE Live Sight.

“During the coming months, my main focus will be on clarifying our strategy, designing the right corporate structure to achieve the targets we set, and together with my colleagues on the Nokia board, we will focus on identifying the right person who will be the CEO of Nokia going forward. “

The blog post is here:

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