ST Engineering today announced that it has entered into a partnership agreement with Nokia on key technology areas such as 5G and Internet of Things (IoT).
The collaboration will allow both companies to cross sell their solutions, expanding their business offerings to their public and private customers. The joint solution portfolio will place both companies in a better position to pursue untapped business opportunities, as customers get to benefit from a more comprehensive set of technology and connectivity solutions. Some of these solutions include 5G, analytics and automation that will help to enhance their business operations.
ST Engineering will resell Nokia’s internet protocol (IP), optical networking and wireless broadband solutions which include 5G, last-mile and analytics. Nokia will in turn incorporate ST Engineering’s Very Small Aperture Terminal (VSAT) and cybersecurity solutions in its global project offerings.
Mr Ravinder Singh, President of Electronics, ST Engineering, said, “We have partnered with Nokia on optical networking projects and have successfully delivered projects across the transport and public sectors for more than 15 years. It is timely to expand our collaboration and we are excited about the possibilities this joint approach will bring. Putting together our complementary strengths and capabilities, we will be able to help more customers leverage the benefits of connectivity to transform their business operations.”
Rajeev Suri, President and Chief Executive Officer, at Nokia, said, “We welcome ST Engineering to the Nokia Global Partner Program and look forward to reaching new customers in Asia Pacific and Japan, a market with vast opportunities. The programme is a strong complement to our salesforce and helps to make our broad portfolio of innovative
solutions easily available to clients in the transport and public sectors.”
The partnership covers dynamic markets such as Singapore, Malaysia, Thailand, Vietnam,
Philippines, Indonesia, Taiwan, Australia and New Zealand, with plans to expand the joint
portfolio beyond the Asia-Pacific region in the future.