GlobeNewswire by notified

Telco industry sees AI as key to cutting energy demand from rising internet traffic – Nokia/GSMA research

Share

Press Release

Telco industry sees AI as key to cutting energy demandfrom rising internet traffic – Nokia/GSMA research

  • GSMA Intelligence surveyed 103 communication service providers (CSPs), around a quarter of CSPs globally, on a variety of energy efficiency issues

  • Research found that CSPs overwhelmingly view rising energy demand and costs as critical issues to their operations and their customers

  • Nokia and GSMA Intelligence also announced a separate white paper that estimates the four top carbon-emitting industries, which are responsible for 80% of global emissions, can enable and accelerate a reduction in carbon emissions through the widescale implementation of mobile and digital technologies, particularly over the next 10 years

2 November 2021

Espoo, Finland – Nokia and GSMA Intelligence today announced new research showing that communication service providers (CSPs) around the world believe that deploying artificial intelligence (AI) software is essentialto reducingfast-rising network energy demand and emissions, spurred by internet traffic growth.

With the United Nations’ COP26 climate change conference proceeding in Scotland where world leaders are working to reach a global emissions deal, most CSPs surveyed in the research said that energy efficiency is either “very important” or “extremely important” in their network transformation strategy to counter rising energy consumption and emissions.

Along with the use of renewables, AI energy management software is central to many CSP strategies to shrink their environmental footprint, due to those solutions’ ability to be used quickly and effectively across an entire network with little to no human intervention.

GSMA Intelligence, an industry authority on global mobile operator data, insights, reports and forecasts, found that 83% of CSPs surveyed see energy efficiency as a major network transformation driver that will grow in importance as 5G is operationalized by industry; while 67% expect their energy costs to rise over the next three years based on current trends.

Global internet traffic has risen exponentially in recent years due to a convergence of factors like increased television and movie streaming, video conferencing from remote working, and online gaming as 4G and now 5G become a larger share of the mobile customer base. Such activities require more energy consuming telco equipment and bandwidth capacity, as well as large amounts of data stored in an ever growing number of energy consuming data centers. As businesses and enterprises tap advanced 5G services, like network slicing, further demands will be made on telco networks, data centers, and energy consumption.

Many CSP respondents acknowledged they are still in the early planning and testing stages of getting their AI efforts off the ground with respect to energy efficiency. Still, nearly 50% of CSP respondents said they expect to achieve energy savings of 10% to 20% over the next two years as AI energy solutions are rolled out and optimized.

Using zero-touch automation, AI programs can improve energy savings by closely aligning equipment usage patterns with real-time network demands; and identifying performance anomalies in underperforming network equipment that saps energy resources and requires replacement.

Beyond curtailing energy demand, AI-powered energy solutions are expected to drive other important outcomes, such as reducing the number of on-site visits personnel have to make to troubleshoot network issues.

The separate white paper by Nokia and GSMA Intelligence projects that the implementation of mobile and digital technologies, like 5G, 4G, private networks, and IoT sensors, could catalyze large carbon emission savings in manufacturing, power and energy, transportation, and buildings; all of which account for around 80% of global carbon emissions.  

For example, annual manufacturing carbon savings from the rollout of smart factories at scale could save the equivalent of 28 million roundtrip flights from London to Los Angeles in a year; while energy savings from the widespread use of smart meters in homes, by more efficiently using resources when they are actually needed, would be enough to power 97 million homes in a year. 

Volker Held, Head of Marketing for Managed Services, Cloud & Network Services atNokia, said: “Reducing its carbon footprint is an important challenge for the telecommunications industry, given rising internet traffic trends and its implications for energy consumption. This research from Nokia and GSMA underscores the shared concerns of our industry and the variety of solutions and services that Nokia is working on with communication service providers to address this shared responsibility. AI solutions hold the promise of realizing quick and substantial energy efficiency gains and ensure we fully live up to our environmental and social responsibilities.”

Tim Hatt, Head of Research and Consulting at GSMA Intelligence, said: “AI has clear and tangible benefits to improving the energy efficiency of telecom networks and is a big part of the solution in driving sustainable 5G networks. It’s important to deploy AI early in order to train the algorithms and continually optimize network ops and costs over the long run.”

Resources

About Nokia

At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Media Inquiries

Nokia
Communications
Email: press.services@nokia.com

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
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
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

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

Connecterra and Lely Announce Strategic Partnership2.12.2021 15:05:00 CET | Press release

Following the completion of a successful pilot, the two companies will deepen their collaboration and commercial relationship Amsterdam, The Netherlands, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Today Dutch-based startup, Connecterra, a world leader in using artificial intelligence to deliver insights to farmers, and Lely, the global leading supplier of robotics and management systems for dairy farming, announced the start of a robust co-development and commercial partnership. The announcement follows a pilot with Lely’s Digital Farming Group. The pilot program was designed to test an integration between Lely Horizon and Connecterra’s artificial intelligence platform, Ida. The successful effort has resulted in commitments to several strategic initiatives. As a first step in the agreement, Lely will now license Ida Enterprise for use in their farm management system Lely Horizon. “We believe that digitization of dairy farming is key and needs to be handled with care. Integrating with partners l

Fobi Announces Signing Of Amazon Fulfillment And Business Seller Agreement2.12.2021 13:45:00 CET | Press release

Fobi’s hardware and software solutions will now be available on Amazon Business, reaching over five million businesses worldwide VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Fobi AI Inc. Inc.(FOBI:TSXV FOBIF:OTCQB) (the “Company” or “Fobi”), a leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement, announced it has signed an agreement with Amazon for distribution and fulfillment of Fobi AI’s various hardware products. As part of the agreement, Fobi will also become an Amazon Business Seller which will enable Fobi to gain access to Amazon’s global e-commerce, logistics and fulfillment infrastructure. By joining Amazon Business, Fobi immediately reaches over 5 million business customers in nine countries: a network that Fobi is very proud to now be included in. Fobi will now generate additional revenue through hardware, products and services sold on Amazon Business. Fobi will be launching their Fobi 3.0 I

Mandalay Resources Corporation Completes Sale of Cerro Bayo Mine to Equus Mining2.12.2021 13:30:00 CET | Press release

TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to announce that it has completed the previously announced sale of its Cerro Bayo mine in Region XI, Southern Chile (see Mandalay press releases dated October 12, 2021, and October 8, 2019). Pursuant to the transaction, Equus Mining Limited (“Equus”) acquired the Cerro Bayo mine, including its mining properties, resources and mine infrastructure as well as a 1,500 tonnes per day processing plant, in exchange for 587,502,438 ordinary shares in the capital of Equus. Mandalay also retains a 2.25% net smelter royalty on production from the Cerro Bayo mining claims once the mine has produced at least 50,000 ounces of gold equivalent, subject to a re-purchase option in favour of Equus, and remains responsible for 50% of approved site closure costs at Cerro Bayo. In addition, Equus will appoint Ryan Austerberry, Mandalay’s Costerfield mine General Manager

CTG and Micro Focus Extend European Platinum Partnership to French Market2.12.2021 12:55:00 CET | Press release

PARIS, Dec. 02, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced an expanded strategic partnership agreement with Micro Focus to now include CTG France. The partnership aligns CTG’s testing capabilities with Micro Focus’ Application Lifecycle Management (ALM) software to help clients accelerate their software delivery and ensure quality and application performance at every stage of the digital application lifecycle. Leveraging the global organization’s decades of experience, a team of more than 500 testers, and a network of more than 3,000 crowdtesters, CTG France offers its clients comprehensive Application Testing Solutions. The Company’s Testing Solutions portfolio includes advisory consulting, test methodology and process, performance testing, manual functional testing, testing automation, test tool implementation, and crowdtesting. Many of CTG’s more than 400 clients use Micro F

WESTPAY AND EASYCASHIER COMPLETE SUCCESSFUL LAUNCH OF MULTI-USER PAYMENT SOLUTION2.12.2021 12:45:00 CET | Press release

Westpay AB, a leading fintech company, has enabled multi-user functionality (MultiTID) in their payment application. This solution makes it possible for several users to share a physical payment solution. This is in demand in several verticals, such as hairdressers, who share premises but run their business individually. EasyCashier, a leading POS provider and a close partner to Westpay will be the first partner that offer this solution for their customers. - Again, I am proud that Westpay continues to push the limits to what you can expect from a payment solution.We have seen this functionality before, but the way we manage to simplify the use of sharing payment solutions. It is also happy that EasyCashier embraces this solution and enables it for their customers. They are a solid, reliable partner with great expertise and experience, says Hans Edin, CCO at Westpay. - Quality and innovation are two vital features for us at EasyCashier. We always try to level up the value as well as th

TGS Share Repurchase2.12.2021 10:57:49 CET | Press release

Oslo, Norway (02 December 2021) – On period from 25 November 2021 to 01 December 2021, TGS ASA (TGS) purchased 67,328 own shares on the Oslo Stock Exchange at an average price of NOK 85.1890 per share. Following the purchase TGS owns 1,226,303 shares, representing 1.044% of the total outstanding shares. The shares were purchased in connection with the share repurchase announced on 11 February 2021. Overview of transactionsDateAggregated daily volume (number of shares)Weighted average share price per day (NOK)Total daily transaction value (NOK)25-Nov-2110,87888.9977968,11726-Nov-2120,00084.97931,699,58629-Nov-212,00084.2400168,48030-Nov-2120,00084.16361,683,2721-Dec-2114,45084.16241,216,147Previously disclosed buy-backs under the program (accumulated)1,143,975105.5774120,777,940Accumulated under the buy-back program1,211,303104.4442126,513,541The issuer's holding of own shares:Following the completion of the above transactions, TGS owns a total of 1,226,303 own shares, corresponding to

AB Linas Agro Group investors calendar for the 20222.12.2021 10:41:10 CET | Press release

A list of key information disclosure dates in 2022: February 28, 2022Interim half-year unaudited report for FY 2021/2022.March 1, 2022Investor Conference Webinar to introduce unaudited financial and activity results for the half-year of FY 2021/2022.May 31, 2022Interim unaudited report for 9 months of FY 2021/2022.June 1, 2022Investor Conference Webinar to introduce unaudited financial and activity results for 9 months of FY 2021/2022.August 31, 2022Interim unaudited report for 12 months of FY 2021/2022.September 2, 2022Investor Conference Webinar to introduce unaudited financial and activity results for 12 months of FY 2021/2022.Week 40 (Oct 3-7, 2022)Notice on Annual General Meeting of shareholders.Week 43 (Oct 24-28, 2022) Resolutions of the Annual General Meeting of shareholders and Annual audited results for FY 2021/2022.November 30, 2022Interim unaudited report for 3 months of 2022/2023 financial year.December 1, 2022Investor Conference Webinar to introduce unaudited financial an