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Nokia and Marubeni launch IoT services

William Payne
March 1, 2018

Nokia has signed a memorandum of understanding with Japanese conglomerate Marubeni Corporation to develop IoT services for its enterprise customers. The solution will be based on Nokia's Worldwide IoT Network Grid, WING. Marubeni, one of Japan's largest companies, will launch global IoT services to its enterprise customers across multiple business sectors including consumer products, energy, utilities, transportation and industrial.

Nokia WING will allow Marubeni, which has businesses in several sectors including mobile virtual network operator (MVNO) operations through its subsidiary Marubeni Wireless Communication, to provide rapidly complete global IoT services to its enterprise customers across its five business groups, including food and consumer products, chemical and forest products, energy and metals, utilities and transportation and industrial machinery. 

According to Nokia, such services might include fleet management, remote monitoring of industrial machinery, asset management and international logistics.

"We are looking forward to this mutually complementary relationship with Nokia, to enter a new era of the IoT market in Japan and globally," said Koji Kabumoto, executive officer of ICT, Logistics and Healthcare Division at Marubeni. "Nokia WING is a unique service and we are excited about the prospect of helping our customers easily deploy IoT services to drive new growth opportunities."

Ankur Bhan, Head Of WING at Nokia, said: "We are pleased to be working with Marubeni Corporation, a leader in the MVNO market in Japan and the industrial IoT market globally. Part of Marubeni Corporation's company credo since its foundation is innovation. With this agreement, both companies will deliver truly innovative global solutions to enterprise companies and customers. We will be defragmenting global IoT deployments by leveraging Nokia's WING distributed global IoT network."