With the promise of automating everything, the 4th Industrial Revolution has been the topic of much discussion. It is viewed as the point where all the work done so far in connectivity, mobility, sensors, devices, and analytics, among others, combines to unlock powerful new possibilities.
And I believe that this is still true. Yet, as I met with more than 100 leaders from companies all over the world recently at our Nokia Converge partner event, there are two new insights that struck me.
First, the 4th Industrial Revolution is now.
While it is still early, we are already seeing the world become increasingly interconnected, and it is this inter-connectivity that is fundamentally transforming nearly every industry. For example, consider the impact that smart grids are having on our energy infrastructure. Or the impact that connected cars and trucks are beginning to have on how we think about the world’s transportation systems. Or the life-saving impact that remote health-care delivery, even remote surgeries, are having on policy conversations and the global health-care industry.
While there is still much work to be done, one thing is certain: the 4th Industrial Revolution is no longer some future-state vision. It is our current reality, and one that requires a fundamental shift in how business gets done.
Second, with this new reality comes significant complexity. The increasingly interconnected solutions of this new era require more: more innovation, more end-to-end solutions, more integration capabilities, and more sector-specific know-how.
This is a tall order for any of us in the technology industry. And no single company can provide these complex solutions alone.
Therefore, as we move into this next era, I believe that partnerships will be vital in delivering these next-generation, integrated solutions. With technology becoming a core competency required for any business to succeed, the line between high-tech companies and all others is blurring. Together, we must find ways to break out of our silos and take our solutions … and our customers … to the next level.
Consider just a few of the announcements we recently made with partners who are already working with us to extend beyond their core business to create the interconnected world of the future:
With a focus on driving widespread adoption of connected cars and railways, Altran — a renowned leader in engineering and R&D services, especially for the transportation sector — is working with us to fully integrate its open software platform with Nokia’s 5G and IoT capabilities to enable intelligent vehicles.
Major cloud player Amazon Web Services (AWS) is partnering with us to help large enterprises enhance productivity and more easily digitize their businesses by providing end-to-end connectivity, IoT and analytics solutions on AWS cloud.
And Bosch Connected Devices and Solutions — a global leader in mechanical systems and technology solutions for industrial automation — is using Nokia’s IMPACT IoT platform to enable industrial customers to improve remote asset tracking, predictive maintenance and efficiency monitoring of their equipment.
These types of strategic partnerships illustrate the powerful possibilities that emerge when we break out of our relatively slow-moving, siloed world of the past. By leveraging one another’s unique strengths, we can go farther and faster to develop breakthrough, truly interconnected solutions and seize new market opportunities.
Clearly, the possibilities of the 4th Industrial Revolution are limitless, as are the possibilities when we work with world-class partners to achieve them together.
Rajeev Suri, CEO, Nokia