NEW YORK and ESPOO, Finland -- Accenture (NYSE:ACN) and Nokia Corporation (NSE: NOK) have established the Nokia Accenture Business Group, a new strategic alliance which is focused on helping communication service providers (CSPs) and other enterprises rapidly transition to modern digital networks, capitalizing on the inherent operational benefits and new business opportunities. The expanded group is the result of the recent acquisition of Alcatel-Lucent by Nokia and built upon the success of the Accenture Alcatel-Lucent Business Group, announced in September 2014.
In its first year and a half, the Accenture Alcatel-Lucent alliance exceeded the goals of both parties and helped achieve its ambitious development and commercial objectives. The cooperative relationship has helped a variety of CSPs-including Telefonica, TIM, and WIND Telecom-and other large enterprises enhance the customer experience and optimize their networks across the globe.
In addition to continuing to help CSPs, the Nokia Accenture Business Group will also jointly develop, sell and deliver new industry solutions in the five following areas:
This group will deliver unique value to clients by combining Nokia's leading IP networking software products and services with Accenture's business services, technology consulting and transformation capabilities. The Nokia Accenture Business Group will develop sales and delivery capabilities focused on a combination of Nokia solutions and Accenture offerings.
Accenture will be Nokia's preferred ally to complement Nokia's software integration and network services and Nokia will be a preferred provider for the customer experience, SDN and network services and solutions that Accenture provides to its clients.
"Today's pace of technological change, driven by the transition to 5G, the Internet of Things and the cloud, is demanding extraordinary new capabilities from the network," said Kathrin Buvac, chief strategy officer at Nokia. "Working with a strong, complementary partner like Accenture enables us to extend our reach to new customers and markets and to truly drive what we consider to be a transformational era in networking. Nokia has the global scale, innovation muscle and end-to-end portfolio to lead this change and, ultimately, to expand the human possibilities of the connected world."
Nokia Corp. (NYSE: NOK)