Nokia Aims For Cloud-based Software Subscription Service


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • Nokia Oyj (NYSE:NOKaims to launch a cloud-based software subscription service targeting telecom companies for providing software around analytics, security, and data management.
  • Nokia will offer some of its software portfolios under subscription from 2021, and more will be commercially available in early 2022.
  • A cloud-based software platform can cut costs, make it convenient to deploy and manage, and customers can try the platform before committing for long-term use.
  • Nokia, which has been in discussions with potential customers, targets an addressable market of $3.1 billion for the 2021-2025 period, with an annual growth rate of about 25%-30%.
  • Price Action: NOK shares traded higher by 0.36% at $5.61 in the premarket session on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsTechBriefs