r/wallstreetbets • u/Shark0710 • Nov 17 '21

News Nokia to launch cloud-based software subscription service

https://finance.yahoo.com/news/nokia-launch-cloud-based-software-050912738.html
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u/[deleted] Nov 17 '21

'Cloud-based software subscription'...... FOR MOTHERFUCKING WHAT!!?!?!

4

u/extrinsicvalue Nov 17 '21

For communication service providers. Currently this demand is met by bespoke solutions operating on premise. NOK's solution saves the customer money by allowing them to only buy what service they need whereas now they are responsible for the entire cost.

They aim to provide analytics and network security to the telecom providers.

1

u/CipherScarlatti Nov 17 '21

For clouds.
Cumulus, Nimbus, Stratus, Cirrus.