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News : Accenture and Nokia to Help Companies Accelerate Transition to Digital Networks
New York, NY, USA, and Espoo, Finland, April 14, 2016 -- Accenture (NYSE:ACN) and Nokia Corporation (NYSE: NOK) have established the Nokia Accenture Business Group, a new strategic alliance which is focused on helping communication service providers (CSPs) and other enterprises transition to modern digital networks, capitalizing on the inherent operational benefits and new business opportunities. The expanded group is the result of the recent acquisition of Alcatel-Lucent by Nokia and built upon the success of the Accenture Alcatel-Lucent Business Group, announced in September 2014.
In its first year and a half, the Accenture Alcatel-Lucent alliance exceeded the goals of both parties and helped achieve its ambitious development and commercial objectives. The cooperative relationship has helped a variety of CSPs—including Telefonica, TIM, and WIND Telecom – and other large enterprises enhance the customer experience and optimize their networks across the globe.
"Today’s pace of technological change, driven by the transition to 5G, the Internet of Things and the cloud, is demanding extraordinary new capabilities from the network," said Kathrin Buvac, chief strategy officer at Nokia. "Working with a strong, complementary partner like Accenture enables us to extend our reach to new customers and markets and to truly drive what we consider to be a transformational era in networking. Nokia has the global scale, innovation muscle and end-to-end portfolio to lead this change and, ultimately, to expand the human possibilities of the connected world."
Bob Sell, group chief executive of Accenture’s Communications, Media & Technology operating group, said, "We look forward to working with Nokia to help companies rapidly transition to modern digital networks. While software-defined networks provide great operational efficiency, even more importantly, they offer tremendous potential for developing new services and revenue streams. This new business group – which combines Nokia’s world-class technology with Accenture’s deep experience in building and monetizing modern networks – will help fulfill the ever-increasing demand for broadband services over wireless networks. The collaboration is consistent with our strategy of working at the heart of the digital ecosystem and growing our network services to enable communications service providers to undergo the transformation they need to thrive."
Posted by Veronica Silva Cusi, news correspondent
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Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills, and technologies to help clients improve their performance.
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries, with 128,445 employees in 120 countries, sales in more than 150 countries
Published: Monday, April 18, 2016