Nokia Networks has signed an agreement with Brazilian operator, Oi to set up Latin America’s first LTE Internet-of-Things(IoT) lab that will bring together expertise in the IoT domain, providing innovative LTE-based solutions to enable machine-to-machine communications in Brazil. Apart from the lab, both companies will be creating a working group to study solutions and opportunities in IoT, develop joint projects and test innovative solutions.
The investments in innovation will be supported by a fund that will finance projects within IoT verticals such as agribusiness, connected cars, homes and smart cities and e-health. Expected to open in the first quarter of 2016 in Rio de Janeiro, the lab will bring advanced Cellular IoT solutions to the market to meet the connectivity needs of future communication systems, said Nokia Networks.
Both companies will also promote knowledge sharing and joint research with universities and local R&D institutes to drive an open IoT ecosystem.
Pedro Falcão, Head of Head of Network Technology and Systems at Oi Brasil
Oi is focused on driving innovative solutions to meet the needs of our customers in the fast-changing communications market. The new IoT lab in cooperation with Nokia Networks will allow us to come up with new technology ideas and place Brasil on the global map in terms of IoT development.
Dimitri Diliani, Head of Latin America Market at Nokia Networks
Nokia Networks foresees a Programmable World of more than 50 billion connected things by 2025. From cars, home appliances and smartphones to industrial equipment and health monitors, devices will be combined in extraordinary ways to improve lives and create boundless possibilities for people and businesses.
