Nokia Strategizes for Anticipated Network Demand Surge Driven by Metaverse, AI, and Web3 Advancements
Summary:
Telecoms giant Nokia plans to cater to the anticipated rise in network demand due to advancements in metaverse, AI, and Web3 by 2030. Federico Guillén, president of Nokia's network infrastructure, predicts a 22% to 25% increase in network demand from 2022 through 2030, largely due to the growing integration of generative AI and VR devices. To meet this surge, Nokia is investing heavily in its network equipment and services, focusing on six ecosystems including the Internet of Value, AI, Industry 5.0, API economy, Cloud continuum, and metaverse. In 2022, Nokia initiated two labs to study metaverse technologies and implemented numerous industrial metaverse initiatives in 2023.
With future advancements in metaverse, Web3, and artificial intelligence (AI) expected to drastically increase network demand, Nokia, the telecommunication infrastructure company, plans to meet this anticipated demand by 2030. Nokia outlined these ambitions in their Technology Strategy 2030 report, discussing their intention to develop network architecture suitable for these future technological advancements. Network demand is projected to see a rise of 22% to 25% from 2022 to 2030, with notable contributors being the mass adoption of AI and virtual reality devices, according to Federico Guillén, the Head of Network Infrastructure at Nokia.
Nokia's approach to this growth involves extensive investment in their network equipment and services over the course of the next few years. They plan to cater to six diverse ecosystems, one of which is the Internet of Value. Under this, they will contribute to the development of decentralization, blockchain and smart contracts. In the context of the metaverse, Nokia aims to work on human augmentation, spatial computing, and split processing.
The other focus areas include AI, Industry 5.0, the Application Programming Interface (API) economy, and the Cloud continuum. In 2022, Nokia established two labs for researching metaverse and its underlying technologies as well as initiated numerous industrial and large-scale metaverse projects in 2023.
Nokia is developing a network architecture for the future based on network digital twin technology wherein a digital copy of a physical object allows for better prototyping and testing in sectors like manufacturing and construction. An example of Nokia's metaverse efforts can be seen in South Australia where it has potentially been aiding Cessna aircraft technicians in remote locations using metaverse. Robert Joyce, Nokia Oceania's Chief Technology Officer, mentioned how a 5G-connected Microsoft HoloLens provided augmented reality instructions for servicing a Cessna in 2023.
Meanwhile, in Finland, two researchers have been exploring the potential of digital twins or "MetaHumans" in the metaverse for employee management gamification, as opposed to traditional optimization methods. It highlights that a MetaHuman emulates not just the outer appearance but also the personal characteristics, emotions, and cognitive states of the individual it represents. In practical scenarios, data collected from digital twins in industrial simulations could facilitate the formulation of optimal work strategies, safety procedures, and performance and output predictions.
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Published At
3/1/2024 12:02:34 PM
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