Breaking News

Qualcomm Redefining Wireless Audio with Launch of Qualcomm Snapdragon Sound ASUS announces the ROG Strix, TUF Gaming and Dual AMD Radeon RX 6700 XT graphics card series Leica announces The APO-SUMMICRON-M 35 f/2 ASPH GIGABYTE Launches Radeon RX 6700 XT series graphics cards Samsung Announces Galaxy XCover 5, the Newest Durable and Advanced Smartphone Built for Tough Environments

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Nokia Buys SpaceTime Insight to Expand its IoT Software Portfolio

Nokia Buys SpaceTime Insight to Expand its IoT Software Portfolio

Enterprise & IT May 7,2018 0

‌‌Nokia has acquired SpaceTime Insight to expand its Internet of Things (IoT) portfolio and IoT analytics capabilities, and accelerate the development of new IoT applications for key vertical markets.

Based in San Mateo, California, with offices in the U.S., Canada, U.K., India and Japan, SpaceTime Insight provides machine learning-powered analytics and IoT applications for some of the world's largest transportation, energy and utilities organizations, including Entergy, FedEx, NextEra Energy, Singapore Power and Union Pacific Railroad. Its machine learning models and other analytics, designed specifically for asset-intensive industries, predict asset health with a high degree of accuracy and optimize related operations.

The acquisition supports Nokia's software strategy by bringing SpaceTime Insight's sales expertise and track record in IoT application development, machine learning and data science to the Nokia Software IoT product unit. It will strengthen Nokia's IoT software portfolio and IoT analytics capabilities, and accelerate the development of Nokia's IoT offerings.

The addition of SpaceTime Insight will also broaden the company's ability to deliver new applications for key vertical markets, including energy, logistics, transportation and utilities.

SpaceTime Insight and its CEO Rob Schilling will join the IoT product unit within the Nokia Software business group.

Nokia has made several small to medium-sized acquisitions as part of a strategy to build up a standalone software business to deliver higher profit margins than its classic communications hardware products.

Tags: Nokia
Previous Post
Sony Says God of Wars Sold More Than 3.1 M Copies in Three Days
Next Post
Nvidia Kills the GeForce Partner Program

Related Posts

  • Nokia to Continue Work With Microsoft on SONiC Data Centre Software

  • Nokia and Vodafone Hutchison Australia Unlock Low-band 5G Spectrum

  • Nokia Reports Q1 Profit Despite Supply Disruption

  • India's Bharti Airtel to Use Nokia's Network Equipment

  • HMD Global Announces New 5G Nokia Smartphone

  • Nokia Introduces New Wi-Fi 6 Mesh Router

  • Nokia Bell Labs Sets World Record in Fiber Optics Speed

  • Nokia Collaborates with Intel to Enhance its Reefshark System on Chips

Latest News

Qualcomm Redefining Wireless Audio with Launch of Qualcomm Snapdragon Sound
Smartphones

Qualcomm Redefining Wireless Audio with Launch of Qualcomm Snapdragon Sound

ASUS announces the ROG Strix, TUF Gaming and Dual AMD Radeon RX 6700 XT graphics card series
GPUs

ASUS announces the ROG Strix, TUF Gaming and Dual AMD Radeon RX 6700 XT graphics card series

Leica announces The APO-SUMMICRON-M 35 f/2 ASPH
Cameras

Leica announces The APO-SUMMICRON-M 35 f/2 ASPH

GIGABYTE Launches Radeon RX 6700 XT series graphics cards
GPUs

GIGABYTE Launches Radeon RX 6700 XT series graphics cards

Samsung Announces Galaxy XCover 5, the Newest Durable and Advanced Smartphone Built for Tough Environments
Smartphones

Samsung Announces Galaxy XCover 5, the Newest Durable and Advanced Smartphone Built for Tough Environments

Popular Reviews

CeBIT 2005

CeBIT 2005

Zidoo Z9S 4K Media Player review

Zidoo Z9S 4K Media Player review

CeBIT 2006

CeBIT 2006

LiteOn iHBS112 review

LiteOn iHBS112 review

Club3D HD3850

Club3D HD3850

Crucial P1 NVMe 1TB SSD review

Crucial P1 NVMe 1TB SSD review

Toshiba Exceria M303 64GB and M501 Exceria Pro 64GB MicroSDXC review

Toshiba Exceria M303 64GB and M501 Exceria Pro 64GB MicroSDXC review

Hitachi DZ-MV100A DVD Camcorder

Hitachi DZ-MV100A DVD Camcorder

  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed