Nokia Buys 3D Geolocation Solution From Nice System


Nokia Networks invests in mobile network multivendor optimization; buys a 3-D Geo location solution from NICE Systems. NOKIA want to improve their geolocation technology service. 
NICE Systems (NASDAQ: NICE) is the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets. NICE's solutions empower organizations to capture, analyze, and apply, in real time, insights from both structured and unstructured Big Data. This data comes from multiple sources, including phone calls, mobile apps, emails, chat, social media, video, and transactions. NICE solutions are used by over 25,000 organizations in more than 150 countries, including over 80 of the Fortune 100 companies.

Press Release:
3 July, 2014 Espoo, Finland - Nokia Networks announced today that it has bought a broad solution for advanced geolocation* capabilities from NICE Systems (NASDAQ: NICE) to enhance the planning and optimization of mobile networks.  Nokia Networks gains access to tools, technical expertise, and the right to further develop these capabilities.  
Geolocation uses three dimensional modelling aimed at delivering unparalleled accuracy of network performance for multivendor networks.  We believe that when combined with Nokia's services expertise, this technology helps to provide deep insight into traffic trends and the performance of mobile broadband networks.
 "Advanced network planning and optimization services are at the forefront of Nokia Networks' strategic services to mobile operators.  The evolution of small cells and LTE necessitates more accurate 3-D geolocation capabilities. Nokia Networks  intends to enhance this unique solution in order to offer superior services to our customers, regardless of which network gear they use," said Dennis Lorenzin, head of Network Planning and Optimization** at the Global Services business unit of Nokia Networks.
 "Nokia Networks intends to build up a competence center in Israel, develop its future portfolio around 3-D modeling, and increase automation in its services.  This is a further step in Nokia Networks' pursuit of innovation that comes from the global community of technology companies," said Dror Nemirovsky, head of Ecosystem Ventures at Nokia Networks.
"NICE is very pleased with this new engagement with Nokia Networks," said Yaron Tchwella, President, NICE Security Group. "Nokia Networks is one of the leading mobile broadband service providers for the telecom operators worldwide, and with this arrangement, our unique 3-D solution will now be made available for a much larger installed base."

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About Priyanshu

A Social Media and Cyber Security Expert. Love to write about latest technology and Gadgets.