Nokia Networks And KT Launch First IoT Lab In South Korea

By July 22nd, 2015 AT 3:29 AM

Nokia Networks and KT have decided to institute the first IoT lab in South Korea as part of a collaboration deal that they signed a few months ago. The lab fixates to conduct verification and interworking testing of new IoT technologies over the LTE infrastructure of Nokia.
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The newly launched laboratory will provide IoT related knowledge and technical support to SMEs in Korea which are looking forward to exploring global markets.

Yun Kyoung-Lim, Head, Future Convergence Business Office, KT, commented that with the help of Nokia Networks, it will leverage upon the convergence of Telecommunications and IT to accelerate its transformation into a world-class ICT powerhouse. He further added that this laboratory will help the company becoming a top-notched player in the IoT industry of Korea.

IoT is the next best thing in the world. There is a need of increased participation from domestic companies to push the country towards becoming an advanced economy; therefore, KT focuses on improving the participation rate by SMEs in the future.

As a part of this collaboration, both the companies will also conduct the first ever LTE-Machine-to-Machine field trial in the October quarter.

Bhupendra holds a Post Graduate degree from Christ University. He is an investment banker & trader by profession and a writer by heart.

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