Current by GE Partners with Nokia to Unleash Smart City Technology Across Canada
July 24 2018 - 7:56AM
Business Wire
- Nokia named commercial partner for
Current by GE’s CityIQ* platform throughout Canada
- Collaboration extends Nokia’s portfolio
of network connectivity solutions and cloud-based IoT offerings by
adding Current’s intelligent sensors and software ecosystem
- Agreement opens access for Canadian
cities to utilize new digital technology to improve common
challenges like parking and traffic management, public safety
enhancements and weather and air quality monitoring
Nokia (NYSE: NOK) is teaming up with Current, powered by GE
(NYSE: GE) to bring cutting edge smart city technology to cities
across Canada. The two companies have announced a commercial
partnership that will help Canadian cities improve operational
infrastructure and expand new services to citizens.
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The Current by GE's CityIQ platform will
help Canada's cities gain insights into parking, traffic, public
safety and air quality. (Photo: Business Wire)
Under the terms of the agreement, Nokia will gain access to
Current by GE’s CityIQ* platform technology across Canada. The
system will repurpose outdoor street lighting into digital
infrastructure that collects data and distributes valuable insights
to cities via Nokia’s safe and secure communications networks. It
builds on Nokia’s steady expansion of its smart city capabilities,
which includes a full portfolio of network solutions designed to
provide Internet-of-Things (IoT) connectivity to municipal and
utility infrastructure. The combined digital solution is expected
to help cities gain new operational insights and will enable app
development—using a ‘horizontal’ platform that can support a wide
variety of apps simultaneously—that can address common challenges
like parking and traffic management, public safety enhancements and
weather and air quality monitoring.
“There is tremendous interest in smart city technology
throughout Canada, and this partnership will offer Canadian
municipalities a scalable method to quickly respond to demographic
and economic shifts,” said Shawn Sparling, Head of Canada
Enterprise Sales for Nokia. “Responsive, flexible technology is key
to creating smarter cities while enabling a safer and more
sustainable environment. The agreement with Current by GE is a key
milestone in our efforts to build a rich and diverse ecosystem of
leading suppliers to ensure the delivery of best-in-class solutions
for our customers.”
The collaboration complements Infrastructure Canada’s Smart
Cities Challenge, which was announced earlier this year to spur
development in new smart city initiatives. It encourages community
leaders to team up with businesses, academia and civic
organizations to design innovative digital solutions that improve
residents’ quality of life. It also builds on Nokia’s recent
agreement with Smart City Capital to foster smart city projects
throughout Canada, by leveraging a $2 billion CAD dedicated project
fund and a pre-vetted ecosystem of partners.
“We are excited to bring our smart city technology to cities
across Canada,” said Austin Ashe, Current’s General Manager of
Intelligent Cities. “Nokia’s extensive portfolio of IoT
connectivity solutions and successful history working with Canadian
cities make this collaboration a great match for Current by GE and
our development partners.”
Current by GE works with municipalities and utilities to install
transformative digital technology that helps accelerate urban
growth and development. Because CityIQ is an open and extensible
data platform, it allows a wide variety of ecosystem developers to
build new apps that positively impact citizens’ lives, both now and
in the future. Current’s smart city technology is already being
deployed in several U.S. cities, including San Diego, Atlanta and
Portland, OR.
“We believe in the power of combined innovation,” said Ashe.
“Our partnership with Nokia will help unlock new forms of smart
city transformation and civic engagement that we can’t even imagine
yet.”
About NokiaWe create the technology to connect the world.
Powered by the research and innovation of Nokia Bell Labs, we serve
communications service providers, governments, large enterprises
and consumers, with the industry's most complete, end-to-end
portfolio of products, services and licensing.
We adhere to the highest ethical business standards as we create
technology with social purpose, quality and integrity. Nokia is
enabling the infrastructure for 5G and the Internet of Things to
transform the human experience. nokia.com
About Current, powered by GE:Current is the digital
engine for intelligent environments. A first-of-its-kind startup
within the walls of GE (NYSE: GE), Current blends advanced LED
technology with networked sensors and software to make commercial
buildings, retail stores, industrial facilities and cities more
energy efficient & productive. Backed by a broad ecosystem of
technology partners, Current is helping businesses and cities
unlock hidden value and realize the potential of their
environments. www.currentbyge.com
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version on businesswire.com: https://www.businesswire.com/news/home/20180724005164/en/
Current, powered by GEKaren R O’Neil,
857-265-9113Karen.Oneil@currentbyge.com
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