Nokia is buying IOT startup

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Finland-based mobile phone maker Nokia now has a start-up of its own.

On Monday, Nokia said that, using the Internet of Thinks (IOT) in their own products, the California-based company was able to analyze IOT and IOT analysis in the portfolio.

Name of the company bought by Nokia, Spatetime Insight They usually work with machine learning technology. Where machine learning analyzes for some of the biggest companies in the world, provide IOT applications. The company is working for the world’s largest transportation company, Energy, various utility companies, Integers, FedEx, NextArea Energy, Singapore Power and Union Pacific Railroad.

Outside the United States, the company has offices in India, Canada, the United Kingdom and Japan.

Most of the designs that the company designs for their IOTs are for services in the industry. The company also works on healthcare in the industrial sector.

Nokia, without giving details of the agreement, said that due to this acquisition, we will be able to work more with the IOT for customers. Simultaneously, customers want to give new experiences using the technology of current service and future services.

Speaker Gatori said that Nokia and Spacetime will work together now and it will be possible to work according to customers’ needs. As a result, we will be able to provide customers with a full digital experience.

Source: Economic Times

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