Telenor and Cisco on Thursday said they have partnered to develop a new cloud solutions platform, WorkingGroupTwo (WG2), which will help telecom operators to speed up product innovation and reduce time to market.
The WorkingGroupTwo has been set up as an separate company with Telenor and Digital Alpha, a financial partner of Cisco, owning 95% shares. The rest 5% stock is shared among the board members and the employees of the company.
“The “WorkingGroupTwo” platform is a Telenor innovation. I am proud that we as a company are able to leverage new technologies to make a pioneering telco platform with the potential of bringing the whole industry forward. We are firmly committed to supporting “WorkingGroupTwo”, and want to give the entity the freedom to unleash wider industry eco-system dynamics. For this reason we have also set up a strong global partnership with Cisco,” said Sigve Brekke, CEO of Telenor Group.
Many mobile operators have struggled to bring new innovative services to market fast enough. The launch of the WG2 platform will help accelerate the pace of product innovation in order to stay relevant for customers. Using the platform, mobile operators will be able to quickly launch new services across IoT and other industry verticals, and better position their business to sell to enterprise customers.
“Cisco’s partnership with Telenor to launch “WorkingGroupTwo” demonstrates how we are driving positive change for our customers,” said Chuck Robbins, CEO of Cisco. “Our joint efforts will help mobile operators automate the delivery of mobile cloud services and deliver innovation at a faster pace.”
“Our aim for the new company is that it will bring the internet ecosystem dynamics closer to the telco industry. We want it to be easy to become an operator, and to make new products. Our mission is to expose the powerful capabilities of operators to a wider community, and together with partners, we hope to build products that consumers have never seen before,” said Prestgard.
WorkingGroupTwo is offering a mobile-core-network as-a-service and as-a-platform. WG2 combines the use of modern technologies with the reach of mobile operators to create new offerings.