Ericsson
Enabling the Networked Society.---nasdaq--eric_1.jpg "Ericsson Logo")
Overview
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HQ Location
Sweden
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Year Founded
1876
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Company Type
Public
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Revenue
> $10b
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Employees
> 50,000
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Website
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Stock Ticker
NASDAQ: ERIC
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Twitter Handle
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Company Description
Ericsson provides services, software and infrastructure in mobility, broadband and the cloud that enable the communications industry and other sectors to do better business, increase efficiency, improve their users' experience and capture new opportunities.
Year founded: 1876
Revenue: $26.8 billion (2014)
NASDAQ: ERIC
Year founded: 1876
Revenue: $26.8 billion (2014)
NASDAQ: ERIC
IoT Solutions
The Internet of Things (IoT) will have a profound impact in the future. Enabling anything to be connected and providing ’smartness’ to these connected things will bring value across a number of sectors in the Networked Society.
Ericsson is engaged with a number of partners from industry and academia in an EU-funded research project called the IoT Initiative with the objective of increasing the benefits and possibilities of IoT, but also identifing and proposing ways to tackle the challenges.
The project analyzed about 150 application scenarios of strategic importance. A selected subset were tested in surveys which went out to a number of users and professionals within the ICT community.
Ericsson is engaged with a number of partners from industry and academia in an EU-funded research project called the IoT Initiative with the objective of increasing the benefits and possibilities of IoT, but also identifing and proposing ways to tackle the challenges.
The project analyzed about 150 application scenarios of strategic importance. A selected subset were tested in surveys which went out to a number of users and professionals within the ICT community.
Key Customers
AT&T, O2, Sprint
IoT Snapshot
Ericsson is a provider of Industrial IoT infrastructure as a service (iaas), platform as a service (paas), and networks and connectivity technologies, and also active in the automotive, chemicals, mining, telecommunications, and transportation industries.
Technologies
Use Cases
Functional Areas
Industries
Technology Stack
Ericsson’s Technology Stack maps Ericsson’s participation in the infrastructure as a service (iaas), platform as a service (paas), and networks and connectivity IoT Technology stack.
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Devices Layer
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Edge Layer
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Cloud Layer
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Application Layer
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Supporting Technologies
Technological Capability:
None
Minor
Moderate
Strong
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Case Studies.
Case Study
Automation in Mining: Unleashing Productivity and Efficiency with 5G
The mining industry, a significant contributor to global economic activity with revenues exceeding USD 500 billion, is facing a challenge of improving efficiency and profitability. The industry is gradually shifting its focus towards automation as the next area of opportunity. Boliden, one of the world's most successful mining companies, operates the Aitik mine, the largest open pit in Europe. The Aitik mine is expanding, and with the increase in production from 36 million metric tons of ore to 45 million metric tons, the amount of rock removed will also increase significantly. However, increasing the number of machines required for rock removal in a busy mine is not a straightforward task. Additionally, every blast creates toxic gases that need to dissipate before humans can enter the area and begin excavation. The challenge lies in improving efficiency, managing the increased production, and ensuring safety in the harsh mining environment.
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Case Study
Ericsson's Cellular Vehicle-to-Everything (C-V2X) Platform
Future Vehicle Technology Manager at the Victorian Department of Transport (formerly VicRoads), explains that “human error is a significant contributor to road crashes”, meaning momentary lapses of concentration or judgment are far more likely to cause accidents than overtly dangerous driving.
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