5G-enabled industries have the potential to deliver $8trn in value to the global economy by 2030 according to new research from Nokia and Nokia Bell Labs.

Nokia and Inria, a French national research institute dedicated to promoting 'scientific excellence in the service of technology transfer and society as a whole', announced the renewal of their joint lab for a four-year period. The announcement took place during an event celebrating the 50th anniversary of Inria with Marcus Weldon, Nokia CTO and Nokia Bell Labs President, and Antoine Petit, Inria CEO.

Nokia has launched the 5G Innov Lab platform as part of the France Recovery plan. The Nokia-led platform has the objective of testing and integrating 5G industrial uses, using an open and transversal approach; and brings together various entities, including Airbus Secure Land Communications, Augmented Acoustics, Digital Immersion, IMT, SNEF Lab, Nokia Bell Labs, and Paris-Saclay Hardware Accelerator.

Nokia has signed a Memorandum of Understanding (MoU) with St Luke's Eldercare (SLEC) to co-develop and conceptualize innovative solutions for the elderly. As part of the MoU, Nokia and SLEC are trialing Asia's first fall prediction video analytics application.