We have yet to achieve a fully-5G world, but research and development for the next generation of technology constantly moves forward. During an event at the New York Stock Exchange on Friday, Nishant Batra, Nokia’s chief strategy and technology officer, gave some insights about what Nokia sees shaping the tech and wireless worlds—and its business—through 2030.
The main influences, Batra said, fall into three categories: User needs among a more diverse set of customers that include industry verticals and non-consumer-oriented networks; tech development of the metaverse, cloud computing, artificial intelligence and possibly Web3; and socio-political factors including demands for greater sustainability and cybersecurity, as well as the trend toward increasing government interest in investing in technology research and development amid political/regional tensions.
“Deglobalization is an absolute truth today,” Batra said. “It’s increasing. It impacts supply chains, it impacts standardization. That’s something we keep a very close eye on. We don’t want the standards to fragment—that’s not good for the business and the industry.”
He also said that when it comes to product development,it’s no longer enough to put together the right product at the right price. Now the power-use profile of a product and its security are two additional metrics that have come into play.
Nokia already sees the early metaverse coming to fruition—not, Batra says, in the consumer space but in industry, through the development of digital twins of various industrial environments. He says that the consumer metaverse won’t take full form until the world is well into 5G Advanced and future 6G systems, but Nokia believes that given the development it is seeing thus far, the industrial metaverse will be the first to happen.
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