• Nokia has signed a new multi-year agreement with SAP to accelerate its enterprise transformation, with its SAP S/4HANA software environment hosted on Microsoft Azure.
  • This strategic partnership marks a significant step in migrating Nokia's SAP landscape, providing continuous access to innovation and embedded AI capabilities through SAP's cloud ERP portfolio.
  • The move aligns with Nokia's strong momentum and strategic pivot into AI and 5G sectors, which has been a recurring theme in analyst upgrades and positive sentiment throughout June.