
Nokia launches AVA Data Suite to run on Google Cloud to facilitate AI/ML development
Press Release
Nokia launches AVA Data Suite to run on Google Cloud to facilitate AI/ML development
- Nokia AVA Data Suite provides communication service providers and data scientists with re-usable, standardized, multi-vendor data products to accelerate the development of AI solutions
18 September 2023
Espoo, Finland – Nokia today introduced its AVA Data Suite, designed to run on Google Cloud, to help communication service providers (CSPs) standardize data and facilitate the development of AI/ML software applications.
Nokia AVA Data Suite provides CSPs and data scientists standardized, pre-correlated data products packages across 4G, 5G, and fixed domains to accelerate the development of AI solutions for enhanced network performance and sustainability, improved subscriber experience, and new revenue streams.
Nokia AVA Data Suite, derived from Nokia’s vast experience in building hundreds of network and subscriber experience use cases, seamlessly integrates with Google Cloud’s BigQuery and Vertex AI to create powerful AI/ML use cases that drive innovation in the telecommunications industry.
BigQuery's scalable and serverless data warehouse architecture can serve as both the data source or the data storage for Nokia AVA Data Suite, ensuring data readiness and handling of large data sets for AI/ML applications.
Vertex AI provides the infrastructure needed for building and training AI/ML models. Nokia AVA Data Suite feeds correlated data to Vertex AI to create and fine-tune machine learning models optimized for specific use cases, such as network optimization or predictive maintenance.
Nokia's rigorous testing has demonstrated that the time required for data standardization in AI/ML applications can be dramatically slashed to a mere three to four weeks, a remarkable contrast to the conventional methods that typically demand an arduous four-month timeline.
AVA Data Suite works in conjunction with Nokia’s AVA Open Analytics, an automation framework that helps CSPs move away from monolithic, centralized data “lakes” to a hybrid data mesh architecture that abstracts technical complexity and allows data scientists to focus instead on the needs of their AI/ML use cases.
Adaora Okeleke, Principal Analyst, at Analysys Mason said: “CSPs have experienced high costs, long lead times, and lack of agility when implementing AI/ML projects due to challenges associated with preparing and accessing high quality data sets for these projects. Nokia’s AVA Data Suite on Google Cloud will help resolve these challenges by providing a suite of curated network and IT datasets which can form a common data layer that can be exposed and consumed to accelerate an AI/analytics model, application development, and operations.”
Vivek Gupta, Head of Telco AI Solutions and Partnerships, Google Cloud said: “The integration of Nokia AVA Data Suite with Google Cloud provides CSPs with a standard library of high quality reusable network and IT data products. This collaboration will help CSPs unleash the full potential of artificial intelligence and machine learning to build, manage, and maintain their networks.”
Hamdy Farid, Senior Vice President, Business Applications at Nokia: “Nokia AVA Data Suite represents the latest step we have taken to provide CSPs with deep intelligence across our security, automation, and monetization solutions. Through our important partnership with Google Cloud, we can help CSP’s accelerate AI/ML projects and move them closer to realizing zero-touch automation for managing and improving their network operations and services.”
Resources and additional information
Web page: Nokia AVA Data Suite
Web page: Nokia AVA Open Analytics
About Nokia
At Nokia, we create technology that helps the world act together.
As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
Media Inquiries
Nokia Communications, Corporate
Email: Press.Services@nokia.com
Follow us on social media
LinkedInXInstagramFacebookYouTube
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
SkiStar Year-End Report September 2022-August 20233.10.2023 07:00:00 CEST | Press release
STABLE GROWTH IN TURNOVER – HIGH BOOKING RATE FOR THE WINTER Fourth Quarter Net sales for the fourth quarter increased by SEK 121 million (54 percent) to SEK 345 (224) million.Operating profit for the fourth quarter amounted to SEK -230 (-265) million, an improvement of SEK 35 million (13 percent).Capital gains from exploitation operations included SEK 63 (-4) million.Earnings per share before and after dilution amounted to SEK -2.64 (-2.70). Full Year Net sales for the full year were SEK 4,281 (4,092) million, an increase of SEK 189 million (5 percent).Operating profit for the full year decreased by SEK 280 million (32 percent) to SEK 604 (884) million.Earnings per share before and after dilution amounted to SEK 5.13 (8.50), a decrease of 40 percent.Capital gains from Property Development and Exploitation operations included SEK 75 (57) million.The Board proposes a dividend of SEK 2.60 (3.00) per share, totalling SEK 204 (235) million. The dividend represents 51 (36) percent of the Gr
NMD Pharma to present NMD670 clinical data from a Phase I/IIa trial in myasthenia gravis at the 28th International Annual Congress of the World Muscle Society3.10.2023 07:00:00 CEST | Press release
NMD Pharma to present NMD670 clinical data from a Phase I/IIa trial in myasthenia gravis at the 28th International Annual Congress of the World Muscle Society NMD Pharma will show the first ever clinical proof-of-mechanism for the novel concept of ClC-1 inhibition with NMD670 in treatment of neuromuscular diseases demonstrated in patients with myasthenia gravis The data provides clinical validation of the ability of CIC-1 inhibition to restore neuromuscular function leading to clinically meaningful effects with a single dose of NMD670This data has been instrumental in the design ofthe recently initiated Phase II clinical trial of NMD670 in patients with type 3 spinal muscular atrophy Aarhus, Denmark,3October2023 – NMD Pharma A/S, a clinical-stage biotech company developing first-in-class, small molecule ClC-1 inhibitors directly targeting muscle function within neuromuscular disorders, today announces that it will present data from a Phase I/IIa clinical trial of NMD670 in patients wit
“BEYOND THE EXPECTED”: SIKA LAUNCHES NEW GROWTH STRATEGY 2028 WITH MORE AMBITIOUS TARGETS3.10.2023 07:00:00 CEST | Press release
Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules “BEYOND THE EXPECTED”: SIKA LAUNCHES NEW GROWTH STRATEGY 2028 WITH MORE AMBITIOUS TARGETS At today’s Capital Markets Day in Zurich, Sika presents its new Strategy 2028, “Beyond the Expected”, which builds on the company’s successful growth model. The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come. The annual growth target will be lifted to 6-9% in local currencies and profitability target will be increased to an EBITDA margin of 20-23%. The new growth strategy is based on the four pillars market penetration, innovation & sustainability, acquisitions, as well as people & culture and includes a balanced set of financial and non-financial targets. Furthermore, Sika reports a strong sales growth year to date (January to August 2023) of +12.2%. Thomas Hasler, CEO: “Beyond the Expected – that’s what Sika sta
SkiStar Bokslutskommuniké september 2022-augusti 20233.10.2023 07:00:00 CEST | Pressemelding
STABIL OMSÄTTNINGSTILLVÄXT – HÖGT BOKNINGSLÄGE TILL VINTERN Fjärde kvartalet Nettoomsättningen för det fjärde kvartalet ökade med 121 MSEK, 54 procent, till 345 MSEK (224).Rörelseresultatet för det fjärde kvartalet uppgick till -230 MSEK (-265), vilket är en förbättring med 35 MSEK, 13 procent.Reavinster från exploateringsverksamheten ingick med 63 MSEK (-4).Resultat per aktie före och efter utspädning uppgick till -2,64 SEK (-2,70). Helåret Nettoomsättningen för helåret ökade med 189 MSEK, 5 procent, till 4 281 MSEK (4 092).Rörelseresultatet för helåret minskade med 280 MSEK, 32 procent, till 604 MSEK (884).Resultat per aktie före och efter utspädning uppgick till 5,13 SEK (8,50), vilket är en minskning med 40 procent.Reavinster från Fastighetsutvecklings- och exploateringsverksamheten ingick med 75 MSEK (57).Styrelsen föreslår en vinstutdelning om 2:60 SEK (3:00) per aktie, motsvarande totalt 204 MSEK (235). Utdelningen utgör 51 procent (36) av koncernens vinst efter skatt. Väsentlig
Technicolor Creative Studios: Business Update and First Half 2023 Financial Results2.10.2023 21:55:38 CEST | Press release
CORPORATE PRESS RELEASE Technicolor Creative StudiosBusiness Update and First Half 2023Financial Results PARIS (FRANCE), OCTOBER 2,2023 – Technicolor Creative Studios (Euronext Paris: TCHCS) (the “Company”) today provided business update and announced its first half 2023 financial results1. Acceleration of the transformation plan to drive the recovery of the business Impact of strikes in Hollywood andunfavourable macroeconomic environment led to reduction of activity withlower financial and operational performancefor thefirst half 2023Renewed confidence from majority shareholders and lenders with:An additional €30 million of new money injection to address liquidity needs A proposed tender offer (“offre publique d’achat simplifiée”)at a price of 1,63 euro per share, dividends included,to beinitiated by a large majority of shareholders and lenders (holding 94,82% of the capital) acting in concert in view of proceeding to a mandatory squeeze outto achieve delisting of Technicolor Creative