EY announces alliance with Nokia to help business unlock the power of 5G

EY announces alliance with Nokia to help business unlock the power of 5G

Ernst & Young Oy (EY Finland) and Nokia have formed a strategic alliance that is being rolled-out to other EY member firms across the globe to help enterprises and communication service providers (CSPs) accelerate their Digital and Business Transformation journey and unleash the business potential of private wireless and 5G network capabilities. The alliance will also support enterprises in maintaining resiliency beyond the COVID-19 pandemic.

With demand for connectivity peaking under the strain of an increasingly remote working world, emerging technologies including the Internet of things (IoT), Industry 4.0 (IR4.0), connected products and advanced mobility, are quickly transforming how industries and societies operate.

At the same time, 69% of organisations are currently investing or planning to invest in 5G, according to recent EY research.

The EY organisation, a global leader in business and advanced technology consulting and Nokia, a global innovation leader with an end-to-end portfolio of networking solutions, will collaborate to address the management and security challenges relating to these emerging technologies and the expansive data they generate.

Raghav Sahgal, President of Cloud and Network Services, Nokia, said: “Together with EY people, we will bring leading, high-performance and secure network solutions for operators and industrial players around the world and the experience required to develop innovative business models and 5G use-cases for enterprises. This means an acceleration of the Digital Transformation journey for customers as they seek to reinvent themselves in a post-pandemic world.”

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