Good luck to you, too. I didn't mean Blackberry had no hope of being successful; I meant they have no hope of being a big company, i.e. in the order of 50 billion dollars plus. I think with QNS, security, and as you say - the patents, plus the high quality niche factor, they could easily make money and be a good investment. Just on a smaller scale than what might be possible for Nokia.
Nokia obviously shares important similarities with Motorola and Blackberry but is quite different too. They were big enough and diversified enough to let go the handset arm and still have a chance at big success. They are a large company with world leading technology in all its sectors. Nokia could be really big again in the future. Neither Blackberry nor Motorola has a hope.
"Are Connected Cars on a Collision Course with Network Security?
These vehicles, along with 22 others with network capabilities, were profiled by researchers Charlie Miller and Chris Valasek during Black Hat 2014 earlier this month. They warned that a malicious attacker could hack into a connected car, doing anything from “enabling a microphone for eavesdropping to turning the steering wheel to disabling the brakes.”
Days later, during the DefCon hacker conference, a group of security researchers calling themselves “I Am The Cavalry” sounded the same alarm, urging the automobile industry to build safer computer systems in vehicles.
The warning comes years after automakers started testing the connected car waters, most notably Ford, as far back as 2010, with its “MyFord Touch” mobile Wi-Fi hotspot. Since then, Google has been in the driver’s seat of the connected car movement. There’s been buzz around Google’s efforts to produce self-driving cars for years, and the smoke signals only grew more prominent after Google moved its head of Android, Andy Rubin, to the robotics division of the company.
While the convenience of connected cars will no doubt increase their popularity, it’s important for manufacturers of all network-ready vehicles to remember the importance of security technology. As we wrote last year about connected cars, attackers don’t care what mobile endpoint they’re hacking – as long as it’s connected to the Internet, it’s a target.
Vehicles: Just One of Many ‘Things’ Hackers Can Target"
I've thought that the motivation behind Nokia's Berlin security centre is networks in general but this makes you wonder if a large part of it is the need to protect the automated car.
Nokia started down this track a while after Ericsson so I guess it would naturally be a bit further out than for them and Suri did say not to be impatient where licensing dividends were concerned. Something to look forward to for sure. But the sooner it is in the bank, the better.
Hey, a timely reminder. My last day at work tomorrow! I'd better stop thinking about myself and get to the shops, buy those Christmas presents and start stoking the engines of commerce!
Great! I love it that the lawlessness is causing problems at home as well as with foreign competitors. It's just as it should be. And very encouraging for us that are banking on a legal giant in the regulated, standardised field - Nokia. Great information and insight, Joshua. Very much appreciated.
No, we want the share price to rise and we want Nokia to put some of its cash into buying back shares. The two things together, long term resolve and progress on all fronts. That's what we want.
Great stuff! Sounds like it's only a matter of time before Xiaomi's expansion is stopped by its lack of patents. And, since its unlicensed use of patents is its main competitive advantage, that is fitting and good.
Oh oh. Missed the first half:
Nokia has been in somewhat of a strange position after its much-publicized break up with Microsoft. Many didn't realize that phone hardware was only a small part of what Nokia did, the company actually has a diverse range of services beyond the hardware. It has a whole wing dedicated to security.
To that end, Nokia has set up a new mobile security center in Berlin, with the aim of helping telecommunication companies secure both their services and infrastructure against intrusions and vulnerabilities. The setup is enough to make any self-respecting IT person giddy, as it sports its own separate 4G network and co-operates and shares resources with universities and security researchers.
Thanks, great article. Again a part of Nokia unknown by most and underestimated by nearly everybody. Here's the whole thing:
Mobile security is a huge and growing market, and it's seen by many as the next iteration of the malware battle. For the first time ever, malware for mobiles surpassed that of PCs. Most people also don’t see their phones as potential vectors for security threats, so it is unfortunately left to the network and device manufacturers to defend the phone on the users' behalf.
Malware and other unwanted apps threaten not only the financial and security aspects of the user, but of the network as a whole. Unresponsive networks mean slow speeds, higher customer complaints, and turnover.
With this new bold move, Nokia hopes to provide a one-stop shop for network providers to secure and defend their mobile estate and user base, as well as simultaneously gaining reknown as a services and security provider, rather than as just a hardware (primarily handset) company.
But how significant is the effect on capex budgets for Nokia? That's a lot of extra money to take out of the budget for their technology.
I agree too. In any case, this is a long term project for Nokia, it's not new. Over the last 10 years they have retired 1 billion shares! We still have plenty, almost 3.7 billion, but the total continues to fall.
Yes, that's the bit I liked:
''Nokia Networks is the only foreign LTE infrastructure supplier to all three LTE operators in Korea, one of the most advanced and demanding markets.''
New boss of Nokia Networks business in Korea: Andrew Cope.
'Paul Tyler, senior vice president of Asia Pacific at Nokia Networks said: “We welcome Andrew to his new responsibility in Korea. Given his strong track record and extensive experience across the diverse markets in Asia, I am confident that he will continue to drive our business momentum in this important market.”
Andrew Cope, head of Korea at Nokia Networks, commented: “I am committed to leading Nokia Networks’ business in Korea, which is widely regarded as the world’s most advanced telecom market. I look forward to further reinforcing Nokia Network’s leading position and continuing our success here.” Born in Australia, Andrew holds a Bachelor degree in Computer Engineering from the University of New South Wales, Australia.
Did you know?
Nokia Networks is the only foreign LTE infrastructure supplier to all three LTE operators in Korea, one of the most advanced and demanding markets.'