26 February 2023, Espoo, Finland – Nokia today announced at MWC Barcelona 2023 an updated company and technology strategy, and unveiled a refreshed brand, as part of its long-term strategic transformation.
Companies across every industry are looking to digitalization to improve efficiency, flexibility and productivity in a sustainable way. Networks are fundamental to this transformation, and Nokia is uniquely positioned with its best-of-breed portfolio across fixed, mobile and cloud networking technologies.
Pekka Lundmark, President and CEO of Nokia, said: “We see the potential of digital to transform business, industry and society with an opportunity for significant gains in productivity, sustainability and accessibility. Our market-leading critical networking technology is increasingly needed by customers and partners in every industry. We see a future where networks go beyond connecting people and things. They’re adaptable, autonomous and consumable. They are networks that sense, think and act, and they maximize the opportunity of digitalization."
“Today we share our updated company and technology strategy with a focus on unleashing the exponential potential of networks – pioneering a future where networks meet cloud. To signal this ambition we are refreshing our brand to reflect who we are today – a B2B technology innovation leader. This is Nokia, but not as the world has seen us before.”
Refreshed company strategy
Nokia continues to execute against its three-phased strategy to deliver sustainable, profitable growth. Having completed the reset phase, Nokia will continue to accelerate while laying the foundation for the scale phase as an undisputed technology leader and having broadened its customer base. Today’s announcement supports Nokia’s long-term financial targets which were re-iterated with Q4 2022 financial results.
Nokia’s refreshed company strategy is focused on further acceleration across six pillars:
· Grow market share with service providers, driven by continued technology leadership;
· Expand the share of Enterprises within its customer mix;
· Continue to manage its portfolio actively, to ensure a path to a leading position in all segments where it decides to compete;
· Seize opportunities from sectors beyond mobile devices to monetize Nokia’s IP and continue to invest in R&D for Nokia Technologies;
· Implement new business models, such as as-a-Service; and
· Develop ESG into a competitive advantage and become the “trusted provider of choice” in the industry.
To deliver these pillars Nokia has four key enablers: develop future-fit talent; invest in long-term research, especially in key domains such as 6G; digitalize its own operations to further improve agility and productivity; and refresh the brand.
Technology strategy
Nokia’s updated technology strategy details how networks will need to evolve to meet the demands of the metaverse era.
As the world evolves to increasingly rely on connectivity, the network will become the underlying fabric to everything digital where network performance and consumability will have equal weight and importance. The qualities of traditional networking will be required to integrate with the flexibility and scalability of cloud.
These networks that sense, think and act have the potential to bring the transformative power of networking to every industry.
Nokia is well positioned to lead this transformation through its expansive best-of-breed portfolio and industry-leading disruptive research from Nokia Bell Labs. Today at MWC, Nokia launched a new slate of products and services to demonstrate and enhance its technology leadership.
Brand refresh
In line with its updated company strategy, Nokia is refreshing its brand to signal who it is today: a B2B technology innovation leader realizing the potential of digital in every industry. The new brand asserts the value Nokia brings in networking expertise, technology leadership, pioneering innovation and collaborative partnership.
The company’s new logo is emblematic of an energized, dynamic, and modern Nokia, demonstrating its values and purpose. It has been designed as a symbol of collaboration, which Nokia believes to be critical for realizing the exponential potential of networks: unlocking gains in sustainability, productivity, and accessibility.
With this award certificate, it proves that the quality of products and services of C.P. Vietnam Corporation not only meets the needs and tastes but also creates confidence for consumers about a business with sustainable development vision and strategy.
Towards the 92nd anniversary of the establishment of the Ho Chi Minh Youth Union (26/03/1931-26/03/2023), the 64th anniversary of the traditional Vietnam Border Guard Day (03/03/1959-03/03/2023), the Central Committee of the Vietnam Women's Union has launched the program "Border March" in 2023 with the theme "My Fatherland", held in 3 provinces of Lang Son, Quang Tri, Kien Giang.
March, 22/2023 - Digital transformation is considered as a catalyst for many businesses to transform and adapt to green and sustainable models. Recently, dual transformation (green and digital) has been mentioned by the European Union and is an important future trend.
February 14, 2023, at Samsung Electronics Vietnam factories, Samsung Vietnam organized the Launching ceremony for the Blood donation program in responce to the Red Sunday 2023 to resolve the blood shortage in treatment and emergencies after the Lunar New Year. The program is part of a series of activities celebrating the 15-year journey of Samsung officially implementing the "great investment" in Vietnam. Through the Program, more than 100,000 blood units have been donated since 2010 and an estimate of 4,000 blood units is expected to be donated in resonance with the Red Sunday 2023 program.
Ho Chi Minh City, February 10th 2023: The World Economic Forum launched a new community to help deliver a Just Energy Transition in ASEAN. This community is co-chaired by CEOs from SCG and PETRONAS with the objective to drive decarbonization efforts that are pragmatic and fair.
C.P.Vietnam corporation operates with 3 benefits towards sustainability, including benefits for the country, for the people and for the company.
● As Tet holiday, the Year of Quy Mao 2023, is approaching, Mondelez Kinh Do, together with the community, brings a meaningful Tet to unprivileged children across the nation through various activities as part of the “See Kinh Do, Give Tet” program. ● Mondelez Kinh Do has deducted 10% of the revenue generated from the sales on the special day on 12 Dec, on two e-commerce channels, Lazada and Shopee, to sponsor the program.
Ba Ria - Vung Tau Province, December 8th, 2022 – SCG Sharing the Brighter Vision 2022, SCG in collaboration with Ba Ria - Vung Tau Eye Hospital, Ba Ria – Vung Tau Youth Union, has been held in Ba Ria - Vung Tau province (BR-VT) for the first time. It has provided free eye health examinations for 600 local residents, successfully performed 100 cataract surgeries, and equipped the local public with essential knowledge on eye health via training sessions. The first batch of 50 patients had operations from November 29th – December 1st.
December 20th, 2022 - The Central Association Council in collaboration with SCG held the SCG Sharing the Dream 2022 scholarship program for pupils, students under the theme “Sustainable Future Starts From Your Dreams”. The program provided scholarships to 100 pupils and 100 students nationwide along with post-scholarship training activities worth a total of 2 billion VND. The program reaffirms the commitment of the Central Association Council and ESG strategy of SCG in empowering the young generation to realize their “big dreams” for a sustainable future of the country. This marks an important milestone in the 15-year journey of SCG Sharing the Dream scholarship.
Jan 6 2023 - Today, representatives from AES Vietnam visited and presented Tet gifts to a number of disadvantaged households in Song Phan and Son My Communes, Ham Tan District, Binh Thuan Province as part of the celebration of the upcoming Tet (Lunar New Year) festival.
