This is Nokia’s first Worldwide IoT Network Grid (WING) deal in Latin America and in the continent's biggest market.
It is estimated that the widespread adoption of IoT will add $200 billion to the country’s economy by 2025.
Nokia says TIM will be able to offer IoT to its enterprise customers across various industries faster by using the virtualised WING infrastructure, offered as a managed service.
Additional, incremental services, such as device management and analytics, are designed to help TIM extend SIM management capabilities and build revenues from value-added services.
WING has a distributed architecture that maintains all users’ data in-country to comply with data sovereignty and privacy laws.
Under the WING
TIM’s enterprise customers will be able to monitor and manage their devices in real-time, ranging from asset tracking and status sensors for logistics industries to connected cars with on-board diagnostics and telematics.
As part of the deployment, the Nokia IMPACT IoT platform, which simplifies the process of bringing and scaling multiple applications onto a single platform, will provide IoT device management and exposure service capabilities.
Alexandre Dal Forno, Head of Corporate Products and IoT Solutions, TIM Brazil, said: “At TIM Brazil we are seeking to leapfrog the IoT market and see strong growth on our B2B business. We are looking forward to engaging with other global IoT players in order to bring the best possible IoT experience to our customers.
Nokia WING will enable us to accelerate our capabilities to support our enterprise customers’ IoT needs and tap into the billion dollar IoT market opportunity.”
Sanjay Goel, President of Global Services, Nokia, said: “This deal will empower TIM Brazil to provide its enterprise customers with IoT services to address their growing needs. Additionally, we will work on unlocking new IoT solutions that can be applied in various industries to help enterprises undergo digital transformation.”