Nokia 2014 Annual Report Download - page 13

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Business overview
11NOKIA IN 2014
We believe that we have a strong nancial
position and the capacity to continue to
make the necessary investments to remain
an innovation leader in the industries in
which our three businesses operate.
The Sale of the D&S Business in 2014 has
provided us with a solid basis for future
investment as it also signicantly
strengthened our nancial position, thus
supporting our target of re-establishing
our investment grade credit rating.
In this annual report, we describe the Nokia
business as it is today, including our three
continuing businesses, but also provide,
under “Business overview—discontinued
operations,” information about the Devices
&Services business, which was part of the
Nokia Group until its sale on April 25, 2014.
The human benets
of connecting things
More leisure time
as technology automates
the many little things
which consume time
and eort in our
daily lives.
This new world of technology
will require:
Connectivity
capable of handling massive numbers
of devices and exponential increases
in data trac;
Location
services
that seamlessly bridge between
the real and virtual worlds; and
Innovation
across a number of technology
areas including sensing, radio and
low-power operation.