Nokia and AT&T are delivering a new Munich-based innovation studio to support the growing adoption of current and next-generation Internet of Things (IoT) solutions.

From connected cars and factories to video analytics and future 5G-enabled applications, the dedicated space will demonstrate both current capabilities and the future of globally connected solutions.

The studio will allow companies to see first-hand how IoT solutions can solve global business problems. For example, they can experience how technology can improve asset management and tracking, as well as offering predictive maintenance for equipment and connected fleets.

Customers can also learn about the latest in connected car innovation, alongside an interactive experience using Augmented Reality to bring some of Munich’s most famous landmarks to life.

Nokia announced the creation of a new IT competence center in Budapest, meaning that some 120 new positions will be created.