Nokia and Google Agreement to Transform Nokia’s Digital Infrastructure | Financial Buzz

Nokia and Google Agreement to Transform Nokia’s Digital Infrastructure

Nokia Corp (NYSE: NOK) and Alphabet Inc.’s (NASDAQ: GOOGL) Google Cloud reported a five year strategic agreement to focus on Nikia’s migration of its on premise IT infrastructure onto Google Cloud.  The company will migrate its data centers and servers around the world including software applications onto the Google Cloud infrastructure.  This is a pivotal shift by Nokia to a cloud first IT strategy and its efforts to strengthen and transform digital operations globally to expand and innovate.  These efforts are geared towards operational efficiencies and cost savings as the company will eventually reduce its real estate footprint, hardware energy consumption and hardware capacity purchasing needs. 

Rob Enslin, President at Google Cloud, said: “It’s an honor to work with Nokia to help modernize its infrastructure on Google Cloud. We look forward to bringing our leading networking, data analytics, AI/ML, and other technologies to empower Nokia to deliver a cloud-first strategy and better serve its customers. We are excited to help Nokia revamp its IT infrastructure with our backbone network and our approach to data security, using advanced software-defined networking. We look forward to providing the full menu of our capabilities to help Nokia deliver on its cloud-first strategy and reach its performance requirements.”

Ravi Parmasad, VP Global IT Infrastructure at Nokia, said: “Nokia is on a digital transformation path that is about fundamentally changing how we operate and do business. This is crucial for how our employees collaborate so that we continue to raise the bar on meeting the needs of our customers. We are very pleased that Google Cloud, with its engineering and operational excellence, is joining our transformation work to help us deliver on the many goals we have set. Given Nokia’s digital ambitions and plans, this is an ideal time for Nokia to be taking this step with Google Cloud to accelerate our efforts; and doing all of this in a secure and scalable way.”