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WKN: 870737 | ISIN: FI0009000681 | Ticker-Symbol: NOA3
Xetra
26.09.24
17:35 Uhr
3,963 Euro
0,000
0,00 %
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NOKIA OYJ Chart 1 Jahr
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3,9423,94509:17
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GlobeNewswire (Europe)
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Nokia Oyj: Nokia Bell Labs and e& announce R&D collaboration to innovate for strategic industrial sectors

Press Release
Nokia Bell Labs and e& announce R&D collaboration to innovate for strategic industrial sectors

  • Collaboration is expected to develop AI-based use cases for strategic industrial sectors.
  • Responsible AI solutions aim for sustainable enterprise and industrial automation applications.

26 September 2024
Espoo, Finland - Nokia's research arm, Nokia Bell Labs, and e&, a global technology group, announced today that they have signed a year-long, non-binding memorandum of understanding ("MoU") for R&D collaboration to create AI-based use cases for strategic industrial sectors.

The goal is to develop responsible AI solutions for sustainable enterprise and industrial automation applications and accelerate innovation concepts toward real world deployments.

The MoU includes exploring collaboration opportunities with industry, universities and research centers. Both organizations aim to develop innovative solutions in the areas of AI and information and communication technologies that fit into an overall vision of industrial automation and digitalization. Network connectivity, AI and advanced computing are foundational in solving the difficult industrial challenges of productivity, efficiency, safety, health and sustainability faced by many industrial sectors today.

e& has emerged as a pioneering force of AI and Generative AI in the United Arab Emirates and its 33 operating markets in addition to declaring its commitment to reach net zero status in its home market of the UAE by 2030 and across all operations by 2040.

Nokia Bell Labs is an industry leader in Responsible AI and has defined six principles to guide AI research in the future along the lines of fairness, reliability, privacy, transparency, sustainability and accountability. These principles not only reflect the future of AI standards but also comprehensively account for the telecom industry's renewed focus on environmental sustainability, social responsibility and good governance.

Thierry E. Klein, President of Bell Labs Solutions Research at Nokia, said: "This engagement between Nokia Bell Labs and e& reflects our commitment to innovating with our customers and partners. By jointly developing applications and use cases that leverage our expertise in responsible AI, software and data systems, we will accelerate the digital transformation that provides new technologies for a safer, more productive and more sustainable future. We look forward to co-creating ground-breaking solutions that can unlock new business opportunities for industrial operations in the Middle East and beyond."

Dena Almansoori, Group Chief AI and Data Officer at e&, said: "While we realise the immense potential of AI, it's equally important to build strong protections to ensure its responsible development and deployment. This will be the foundation of our collaboration with Nokia Bell Labs as we both explore the potential of AI in driving sustainable industrial automation. By combining Nokia Bell Labs' expertise in AI research and our deep understanding of industrial applications, we are set to explore the development of innovative solutions that address the urgent challenges facing industries today."

Resources and additional information
Webpage: Nokia Bell Labs
Webpage: e&

About Nokia
At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future.

About e&
e& is one of the leading technology groups in the world. Boasting impressive financial figures for 2023, with consolidated net revenue reaching a staggering AED 53.8 billion and consolidated net profit surging to AED 10.3 billion, the Group's impeccable credit ratings reflect its strong balance sheet and track record of sustained success.

Founded in Abu Dhabi over 48 years ago, the Group has a rich legacy as the pioneer in telecommunications in the UAE. Today, its footprint spans 33 countries, including STARZPLAY and Careem Everything app across the Middle East, Asia, and Africa, making it a leading player in the industry.

Innovation is ingrained in e&'s DNA to create an unbreakable bond between communities using cutting-edge digital solutions, smart connectivity and advanced technologies.

The Group has designed five strong business pillars that address various customer segments: e& UAE, e& international, e& life, e& enterprise and e& capital. Through these pillars, we strive to revolutionise the way people communicate, work and live by providing unparalleled services and exceptional experiences.

At e&, we are committed to pushing the boundaries of what is possible and delivering measurable results that make a difference in people's lives.

To learn more about e&, please visit: https://eand.com/.

Media inquiries
Nokia Press Office
Email: Press.Services@nokia.com

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© 2024 GlobeNewswire (Europe)
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