Group assignment nokia

Team Team PresentationPresentation

NOKIANOKIA

►Sarad Pokharel: Sarad Pokharel:

3009500030095000

Social networking siteSocial networking site

► Prawesh Bhattarai:Prawesh Bhattarai:

3008878230088782

Mobile BankingMobile Banking

NOKIANOKIA

►Nokia is a multinational Nokia is a multinational communication corporation with its communication corporation with its headquarter in Keilaniemi, Espoo, a headquarter in Keilaniemi, Espoo, a city near to Finland. city near to Finland.

NOKIANOKIA

► It is the world’s largest manufacturer It is the world’s largest manufacturer of mobile phones with over 132,000 of mobile phones with over 132,000 employees in 120 countries, sales in employees in 120 countries, sales in more than 150 countries.more than 150 countries.

► It has a global annual revenue of over It has a global annual revenue of over €42 billion with profit of €2 billion €42 billion with profit of €2 billion according to the report of 2010.according to the report of 2010.

NOKIANOKIA

► It provides lot of web based services It provides lot of web based services like application, games maps, music, like application, games maps, music, messaging and media via its OVI messaging and media via its OVI platform. platform.

►Nokia Siemens and Symbian are its Nokia Siemens and Symbian are its subsidiaries that produces application subsidiaries that produces application and network related equipments to and network related equipments to Nokia.Nokia.

NOKIANOKIA

► It used different technology like morph It used different technology like morph (concept of nanotechnologies that are (concept of nanotechnologies that are used in future like holographic used in future like holographic display), Navteq (for navigation and display), Navteq (for navigation and map-services.)map-services.)

NOKIANOKIA

►One of the most important technology One of the most important technology used by Nokia is Social networking used by Nokia is Social networking sites like Face book, Twitter and Orkut.sites like Face book, Twitter and Orkut.

►These are available in the form of These are available in the form of application and can be accessed application and can be accessed directly from the home screen instead directly from the home screen instead of browsing through the net.of browsing through the net.

NOKIANOKIA

►Communication is one of the most Communication is one of the most important aspect of human beings. important aspect of human beings. People always communicate and share People always communicate and share their views, feelings, ideas,etc. more their views, feelings, ideas,etc. more than any other thing and this has been than any other thing and this has been more easier due to these sites.more easier due to these sites.

►The main theme of the Nokia being The main theme of the Nokia being “Connecting people” always gives “Connecting people” always gives priority to effective communication.priority to effective communication.

Social networking sitesSocial networking sites

►These applications are free.These applications are free.►Reason behind it being free is that it is Reason behind it being free is that it is

used by billions of people for different used by billions of people for different sorts of information interchange.sorts of information interchange.

►These sites keep people in touch and These sites keep people in touch and lets you share information,views,ideas lets you share information,views,ideas or any other information.or any other information.


► It has great importance to the Nokia as It has great importance to the Nokia as well.well.

►Free internet access is provided to Free internet access is provided to these sites by Nokia which urges these sites by Nokia which urges people to buy Nokia products.people to buy Nokia products.

►Facebook on Nokia has slightly Facebook on Nokia has slightly different functionality compared to any different functionality compared to any other device.other device.


►Social networking sites are used by Social networking sites are used by almost everyone. almost everyone.

►Nokia can raise its visibility by posting Nokia can raise its visibility by posting relevant information and promote its relevant information and promote its brands.brands.

►Minimal cost for the advertisement of Minimal cost for the advertisement of the Products and services.the Products and services.

►Useful in conveying the message to the Useful in conveying the message to the Nokia customers.Nokia customers.


► It has plenty of advantages but there It has plenty of advantages but there exists some drawbacks that has to be exists some drawbacks that has to be considered like security and privacy.considered like security and privacy.

►People may use this site improperly to People may use this site improperly to get access to personal information and get access to personal information and misuse it.misuse it.

Capabilities of facebookCapabilities of facebook

► It is available in all the Nokia models It is available in all the Nokia models and visual quality depends upon the and visual quality depends upon the smartphone used.ex: Nokia N97 AS smartphone used.ex: Nokia N97 AS SHOWN BELOW.SHOWN BELOW.


►Facebook has different capabilities and Facebook has different capabilities and is more user friendly with Nokia mobile is more user friendly with Nokia mobile Phones.Phones.

►The main feature of facebook is the The main feature of facebook is the way it displays images, wide and way it displays images, wide and enlarged covering the screen and enlarged covering the screen and providing extended view.providing extended view.

►On can tag the photo to multiple users.On can tag the photo to multiple users.


►Viewing the photos of friends and Viewing the photos of friends and families is possible.families is possible.

►Send and receive friend requests.Send and receive friend requests.►Exchange of messages is possible.Exchange of messages is possible.►Check in feature enables to keep track Check in feature enables to keep track

of your friends. of your friends. ►Status display lets other know about Status display lets other know about

your status and comment on them.your status and comment on them.

ChallengesChallenges

►From the five organizational From the five organizational advantages, it can get affected by the advantages, it can get affected by the competitive advantage because competitive advantage because companies like Google, Apple, companies like Google, Apple, Samsung, HTC are very strong Samsung, HTC are very strong competitors and it is not an easy task competitors and it is not an easy task to develop something that is far to develop something that is far beyond in technology when compared beyond in technology when compared to these companies. to these companies.

Future prospectFuture prospect

► Looking at the popularity, it is for sure that Looking at the popularity, it is for sure that the social networking applications will be the social networking applications will be much more powerful and advanced in the much more powerful and advanced in the coming future. Applications like facebook, coming future. Applications like facebook, twitter will be much more powerful, advanced twitter will be much more powerful, advanced and much more user friendly with lot of and much more user friendly with lot of features and services. Today it is possible to features and services. Today it is possible to chat and comment in site but may be in the chat and comment in site but may be in the future it will be available to make face time future it will be available to make face time call through facebook or do audio and video call through facebook or do audio and video conferencing. conferencing.

ConclusionConclusion

►Social networking sites are the most Social networking sites are the most used application or sites in today's used application or sites in today's world for information interchange world for information interchange either personal or public. It has great either personal or public. It has great importance not only to the user but to importance not only to the user but to the Nokia as well. According to its the Nokia as well. According to its popularity, it seems to be developing popularity, it seems to be developing even more in future with more even more in future with more advanced features and services.advanced features and services.

Introduction Introduction

Mobile banking is a way for the user’s Mobile banking is a way for the user’s to perform banking actions on his or to perform banking actions on his or her cell phone or other mobile device. her cell phone or other mobile device. It is a quite popular method It is a quite popular method of banking that fits in well with a busy of banking that fits in well with a busy lifestyle.lifestyle.

The earliest mobile banking services The earliest mobile banking services were started by European banks in were started by European banks in 1999 to their customer. It was offered 1999 to their customer. It was offered by SMS by smart phones with by SMS by smart phones with WAP(Wireless application protocol) WAP(Wireless application protocol) support enabling the use of the support enabling the use of the mobile web in 1999.mobile web in 1999.

Mobile banking is used in many parts of Mobile banking is used in many parts of the world with little or no infrastructure, the world with little or no infrastructure, in big cities where people are always in big cities where people are always busy in their social or professional life it busy in their social or professional life it saves their time. Especially remote and saves their time. Especially remote and rural areas most of these places, banks rural areas most of these places, banks can only be found in big cities, and can only be found in big cities, and customers have to travel hundreds of customers have to travel hundreds of miles to the nearest bank.miles to the nearest bank.

This technology has increased the This technology has increased the sales ratio of the Nokia , after sales ratio of the Nokia , after implementing this technology Nokia implementing this technology Nokia has became top competitor among has became top competitor among other companies such as i phone , other companies such as i phone , blackberry , Samsung etc.blackberry , Samsung etc.

► No connectivity problem , can find the No connectivity problem , can find the connectivity in remotest places.connectivity in remotest places.

► Can make transactions or pay bills Can make transactions or pay bills anytime. It saves a lot of time.anytime. It saves a lot of time.

► Mobile banking thorough cell phone is Mobile banking thorough cell phone is user friendly, easy to use.user friendly, easy to use.

► Mobile banking is cost effective and it Mobile banking is cost effective and it reduce the risk.reduce the risk.

Many consumers use mobile banking on Many consumers use mobile banking on their cell phones or other portable their cell phones or other portable device because it allows them to quickly device because it allows them to quickly access information such as account access information such as account balance and transaction history. The balance and transaction history. The benefits of this convenience are benefits of this convenience are undeniable, but there are a number of undeniable, but there are a number of disadvantages that mobile banking disadvantages that mobile banking users should be aware of such as:users should be aware of such as:

► Security :when a mobile banking user receives a fake text Security :when a mobile banking user receives a fake text message asking for bank account details from a hacker message asking for bank account details from a hacker posing as a financial institution. Many people have fallen for posing as a financial institution. Many people have fallen for this trick and had money stolen through this scam.this trick and had money stolen through this scam.

► Compatibility : Mobile banking is not available on every Compatibility : Mobile banking is not available on every device. Some banks do not provide mobile banking at all. device. Some banks do not provide mobile banking at all. Others require you to use a custom mobile banking Others require you to use a custom mobile banking application only available on the most popular smart phones.application only available on the most popular smart phones.

► Cost: The cost of mobile banking might not appear Cost: The cost of mobile banking might not appear significant if you already have a compatible device, but you significant if you already have a compatible device, but you still need to pay data and text messaging fees. Some still need to pay data and text messaging fees. Some financial institutions charge an extra fee for mobile banking financial institutions charge an extra fee for mobile banking service, and you may need to pay a fee for software. These service, and you may need to pay a fee for software. These extra charges quickly add up, especially if you access mobile extra charges quickly add up, especially if you access mobile banking often.banking often.

(tech -morning,2009)(tech -morning,2009)

► Nokia has taken fascinating steps in recent days to Nokia has taken fascinating steps in recent days to enable more financial services aimed at the poor enable more financial services aimed at the poor and unbanked…someday.and unbanked…someday.

► Nokia has just announced it plans to launch a mobile Nokia has just announced it plans to launch a mobile financial service next year, to be called financial service next year, to be called Nokia MoneyNokia Money. It target consumers in emerging markets with a . It target consumers in emerging markets with a phone but no bank account. Nokia Money will be phone but no bank account. Nokia Money will be based on the Obopay platform.based on the Obopay platform.

► In April, Nokia announced it completed trials of In April, Nokia announced it completed trials of its Life Tools service. It’s icon-based, which Nokia its Life Tools service. It’s icon-based, which Nokia says helps reduce language and literacy barriers. Its says helps reduce language and literacy barriers. Its services are geared to farmers (customizable services are geared to farmers (customizable commodity prices, weather, seed and fertilizer commodity prices, weather, seed and fertilizer availability) and students (English lessons, exam availability) and students (English lessons, exam prep). (CGAP,2009)prep). (CGAP,2009)

Nokia’s strategy is about investing in and Nokia’s strategy is about investing in and ensuring Nokia’s future . Nokia’s mission ensuring Nokia’s future . Nokia’s mission is simple, Connecting People . Our is simple, Connecting People . Our strategic intent is to build great mobile strategic intent is to build great mobile products , Our job is to enable billions of products , Our job is to enable billions of people everywhere to get more of life’s people everywhere to get more of life’s opportunities through mobile.(Nokia,2011)opportunities through mobile.(Nokia,2011)

► partnership with Microsoft to jointly partnership with Microsoft to jointly build a new winning mobile build a new winning mobile

► Focused investments in next-Focused investments in next-generation disruptive technologiesgeneration disruptive technologies

► A new leadership team and A new leadership team and organizational structure with a clear organizational structure with a clear focus on speed, results and focus on speed, results and accountabilityaccountability

The conclusion of the presentation is currently The conclusion of the presentation is currently mobile banking technology is very popular in the mobile banking technology is very popular in the world ,this technology has got good impression on world ,this technology has got good impression on users and company . Nokia has also got this users and company . Nokia has also got this feature and succussed to develop good product feature and succussed to develop good product with this feature , using and seeking of this kind with this feature , using and seeking of this kind of feature Nokia is always in top rank among its of feature Nokia is always in top rank among its competitors.competitors.personally i would like to say this kind of features personally i would like to say this kind of features are only available on smart phones or costly are only available on smart phones or costly phones if these features can add on simple phone phones if these features can add on simple phone it will be more better to all kind of users and for it will be more better to all kind of users and for organisations as well.organisations as well.

► http://technology.cgap.org/2009/08/26/mobile-http://technology.cgap.org/2009/08/26/mobile-banking-gets-big-names-nokia-microsoft-banking-gets-big-names-nokia-microsoft-paypal/paypal/

► http://www.ehow.com/http://www.ehow.com/list_6683378_disadvantages-mobile-list_6683378_disadvantages-mobile-banking.htmlbanking.html

► http://www.nokia.comhttp://www.nokia.com► "Annual Results 2010" , Nokia Corporation. 27 "Annual Results 2010" , Nokia Corporation. 27

January 2011. Retrieved from January 2011. Retrieved from http://www.nokia.com/results/Nokia_results201http://www.nokia.com/results/Nokia_results2010Q4e.pdf. 0Q4e.pdf.

Group assignment nokia

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