This is Nokia's plan. To make intelligent inferences, it needs lots of data: Really, Really Big Data. What certain kinds of people do at a given time, on a given day, in a particular place. And the system needs to scale. So Nokia is licensing its location-finding services to rival phone manufacturers in order to achieve this.
Apple has its own. Android and non-Android manufacturers are reluctant to become dumb waiters as this valuable information is collected by Google. Fine, use our platform, Nokia says to them, and you can keep it and use it too. Google and Apple are not sharing their ‘behaviour platform’ quite as freely, if at all.
Halbherr provided some fascinating new insights into the thinking behind the plan for the first time anywhere.
He said we’re only at the beginning of what the technology can do. Mobile devices have maps – and in Nokia’s case, very good maps – that are responsive, vector-based charts that work offline and cover just about every corner of the world. They can include related information – such as traffic or restaurant reviews. So why’s it giving it all away? Technology still doesn’t provide the right information people need when they need it - and still makes things really complicated for a mobile user, thinks Halbherr. “Licensing Frommer’s Travel Guide or Lonely Planet isn’t enough anymore,” he says.
“We think this is the next Google, only it’s indexing the real world,” said Halbherr. The platform learns about the individual and adds it to aggregate datasets, such as "what is there to do in Boston at 10pm after a football game".
Nokia EVP of Location and Commerce
“It’s a large-scale machine-learning problem,” he said.
Halbherr arrived at Nokia in 2006 with the acquisition of mapping company Gate5; he has an engineering PhD, so when he talks about AI it’s in rather more grounded terms than what you might hear from other top tech execs.
You probably are correct. Turn it off, NOK and and all the stocks will be around next year. You can't worry about each downturn in a stock or in the market in general. Next year at this time, I hope we will be at 13ish.
Nokia v. HTC ruling is scheduled to be announced by the Munich I Regional Court this coming Friday (December 20) and explained that European Commission Vice President Joaquín Almunia's warning against Nokia's potential "patent trolling" after the sale of its wireless devices business doesn't mean much in practical terms. For SEPs, there are some key ongoing investigations (Samsung, Motorola Mobility) that will provide clarity for everyone (including, but not limited to, Nokia); and for non-SEPs, it's going to be a long shot for anyone trying to build an antitrust abuse theory. No antitrust regulator in the world has the authority to require Nokia to give away licenses to its patents for free, or to tolerate infringement. In principle, Nokia can sue until HTC pays. That's what it's doing and what it will continue to do. And the day will come when HTC will agree to pay.
Sentiment: Strong Buy
The SELL-OFF is OVER! Merry Christmas to ALL and to ALL a goodnight!
Who knows, maybe you are right. My Christmas Crystal Ball that I stole from Santa is not working properly. The image on the crystal ball just keeps repeating, "CONSUME."
Nokia has been GIVING HERE MAPS AWAY for FREE for a while now in an attempt to build brand recognition and the user base. When they start to sell the service in earnest it could be a powerful revenue generator, especially in Europe or Asia.
We don't know how to properly value HERE yet as it's barely gotten going. North America is very Google-centric so beating Google Maps in the NAM market will be problematic. But North America has never been a priority for Nokia anyway.
Well well, the game is up, and now we're in the green again - go figure!
Patience is a virtue (drink whiskey). However, NOK is worth more than a mere pathetic 7 bucks. Kudos to those who were smart, and bought the dip!!
Sentiment: Strong Buy (Rocket to Mars).
Agreed ! You are right on ! L & B !
Sentiment: Strong Buy
Let's thank the options using idiots for giving ammo to the hedgies.
The commie commish would like them to share their intellectual property that cost BILLIONS to develop for free. GLWT
Does not that speak in loud volume enough for you ?
Just wait till the details of the Samsung deal, yes Samsung deal is enough, and you will understand why EU did what they did . Yes the shares will explode, and that will just be the beginning. So please, for your sake, just look a little longer term and stay till the 20s.
One of our good friends French just left because some sick hedge fund drop this stock for no reason, and mop good investors shares up. I hope everyone can see, Nokia is still on the up trend, we have not even scope up the major part of the patents cake, let alone the potential of NSN . So please, if the intra month trading is too violent, and we have said it tens of times here, just turn off the screen and come back next year