Nokia once again shown us how it has redefined its way of doing business by using technology, innovation, and networks as business building blocks. Capitalizing on what they refer to as the “AI supercycle” has changed the way they will do business. Now they will focus on becoming the number one provider of AI as they support the telecom and corporate networks. Since establishing an AI supercycle will result in significant changes to how Nokia conducts business, it needs to develop new strategy goals to address the business and primary operational changes.
Nokia’s potential to be the leading AI and telecom network
Nokia has to earn the title of leading telecom network and AI provider. As such, it has to provide telecom AI that will allow telecom networks to self-operate, as well as telecom networks that can dynamically change themselves.
Nokia will provide telecom networks that can respond to demands in real time for AI to provide its autonomous systems. Since seamless AI for networks is required, Nokia has marketed its telecom networks to respond and adapt in order to simplify process controls.
Nokia has described the AI supercycle as the era of mobile broadband and cloud computing, providing global businesses with seamless technology. Now, by providing networks that can self-consolidate to provide an AI with real-time change control, mobile systems can be successfully installed.
Nokia has ensured all business systems, and now telecom, have mobile broadband. Now, businesses can operate their autonomous systems. The AI supercycle will provide changes to the mobile broadband systems. Mobile broadband will now provide operational support for AI systems to interface with autonomous systems.
Changes to the operating model
The company will flatten its organizational structure to enhance agility and accountability, permitting swifter Integration and execution. This will entail changes, including the reconfiguration of Business Groups, the alignment of Strategic Priorities with Leadership Roles, the introduction of new Innovation and Client Outcome/Customer Deliverables Partnership Performance, and the introduction of Performance Criteria.
The changes will help foster a Market-Responsive and Customer-Responsive Culture at Nokia. With more capability to operate more within the Market Operating Model to remove Complexity and deliver more value on the initiative.
Nokia believes in these forecasts as they will influence the company’s Operational Artificial Intelligence-Oriented Growth Trajectory. This includes improved Operating Margins and Cash Flow, along with improved Sustained Profitability within each Operational Business Unit. With a Strategic Focus, KPIs will aim to achieve More on Operating Artificial Intelligence Outcomes on Revenue software-driven and Customer Satisfaction to show its Commitment to Measurable Goals.
Nokia’s execution plan
The company assures that these targets, to be fulfilled within these timelines, have an execution plan. More Focused Growth will be allocated within emerging Cloud-Native Networks, Advanced Artificial Intelligence Platform, and Enterprise-grade Solutions.
The company assures that these targets, to be fulfilled within these timelines, have an execution plan. More Focused Growth will be allocated within emerging Cloud-Native Networks, Advanced Artificial Intelligence Platform, and Enterprise-grade Solutions.
Nokia’s extensive change stands in line with the rest of the industry: the merging of intelligence with connectivity. As networks become the digital economy’s new and permanent foundation, the ability to exploit AI will become the new competitive edge.
With an outlook focused on getting away from traditional hardware, the company will now be expected to have networks that are more flexible, self-optimizing, and integrated with AI. Nokia has aligned its strategy, operating model, and financial goals with this new outlook and, as such, will be among the first to experience the impact of AI technology in telecommunications. The next few years will define the company’s ability to deliver, and if done right, Nokia will set the bar high for the network leadership of AI.
