Nokia Oyj (ADR) (NYSE:NOK) has launched a number of network routers .In a statement by one of the top executives working with the company, it was clear the provider was making plans to handle all the challenges that would show up with the adoption of new technologies such as the 5G wireless and the Internet of Things amicably.
The company had over a long period of time considered acquiring new network routers. It is an exciting moment considering that it is at the moment on its way towards providing the fastest speeds. Cloud computing cannot be downplayed in terms of the major role it has continued to play towards changing networking overall.
Some of the company’s competitors have been airing out their views. They have been asserting that Nokia still has a long way to go towards succeeding in lifting its networking business.
New products, which according to sources might be shipping in the final quarter of the year, might help a huge deal towards promoting modern networking system of the web scale companies. The various service providers will be put in a position that they will be able to comfortably meet data demand, scale cost-effectively, and adapt to the changes that show up with time.
The announcement made today has been termed by experts as the first step in the long journey towards stabilizing the IP networks revenues. Engagement and interest from web-scale customers continues to be witnessed. However, NOK’s diverse initiatives that target adjacent growth markets might end up taking much longer to ramp and uphold the market perform rating.
According to yahoo.com, Nokia after some business complexities that almost put it to the ground some time back is coming back with a thud. There is quite much that we should expect from the provider in future.
One of the top analysts that has closely been following on the company’s business wrote that the FP4 silicon needs to enable a first to market advantage in the near term, though as with prior generations we expect competitors to be working on similarly capable silicon and/or systems Nokia’s products based on the FP4 could have several quarters of market leadership when systems begin to ship in new systems in 4Q17, and to existing routers in early 2018.”