Nokia, LS Electric to co-develop power analysis platform 

Nokia and LS Electric will co-develop an intelligent power asset analysis platform, the companies said.

The will commence of proof of concept for spacetime asset lifecycle optimization based on Nokia’s big data and marching learning technology.

Afterwards, they will develop it into a platform of LS Electric’s customers.

The platform will allow the customers to better and efficient manage their powers, Nokia said.

The Finnish company said it hopes to collaborate with LS Electric in smart city and smart factory businesses based on 5G.