Ericsson

Ericsson

Telecommunications

Kista, Stockholm 2,017,168 followers

We create limitless connectivity to improve lives, redefine business and pioneer a sustainable future. #ImaginePossible

About us

Our purpose To create connections that make the unimaginable possible. Our vision A world where limitless connectivity improves lives, redefines business and pioneers a sustainable future. Our values Perseverance, professionalism, respect and integrity. The future is a place for purpose & vision – ours are clear, and we invite partners, customers and consumers to join us in our journey. For a brighter future. For all. Let's #ImaginePossible

Website
http://www.ericsson.com
Industry
Telecommunications
Company size
10,001+ employees
Headquarters
Kista, Stockholm
Type
Public Company
Founded
1876
Specialties
5G, Internet of Things, Mobile broadband, Communication services, Managed services, Fixed broadband, LTE, 3G, 4G, OSS, BSS, Cloud, Network, Telecom, ICT, IT, IP, Technology For Good, Sustainability, IoT, Intelligent Transport Systems, AI, and R&D

Locations

Employees at Ericsson

Updates

  • View organization page for Ericsson, graphic

    2,017,168 followers

    Just published! The June 2024 Ericsson Mobility Report is here, with all the latest data and analysis for the telecom industry 📶 Highlights include: ➡️ 5G is set to become the dominant mobile access technology. In 2029, it will account for 60% of all mobile subscriptions, with close to 5.6 billion subscribers globally. ➡️ Service providers are increasingly offering speed-based tariffs for Fixed Wireless Access. Since last year, there’s been an increase from 27% to 40% of FWA service providers with speed-tariff offerings. ➡️ Leading service providers are deploying 5G mid-band nationwide to ensure consistently great user experience. Time-to-content of less than 1.5 seconds has been achieved by a leading service provider for 97% of user activities. How do these new figures align with your forecasts for the telecom industry? Get your copy https://lnkd.in/gWpti5az #MobilityReport #5G #Technology

  • View organization page for Ericsson, graphic

    2,017,168 followers

    Did you know enterprises in Sweden are realizing and testing new connectivity solutions thanks to early access to 5G functionalities through the NorthStar 5G network? 💡 An article in the June 2024 Ericsson Mobility Report takes a closer look at how Telia and AstaZero are seizing this opportunity to pioneer autonomous vehicle solutions and active safety systems 🚙 A few key findings from the article: ✅ Access to 5G technologies in a safe environment is proven to accelerate the development of safer and more sustainable transportation solutions. ✅ 5G technology – especially network slicing – has great potential to establish new standards for how different levels of autonomous vehicles communicate. ✅ The test demo conducted at AstaZero’s proving ground has demonstrated the capabilities of the 5G standalone network. This was vital for creating an understanding of the requirements that OEMs will need to implement to take full advantage of 5G network capabilities. What new connectivity solutions could be unlocked in the future as more enterprises have access to 5G capabilities through the NorthStar 5G network? Read the article here https://lnkd.in/etU6W8hC #MobilityReport #5G #Technology #5G #Technology

  • View organization page for Ericsson, graphic

    2,017,168 followers

    The latest 10 Hot Consumer Trends report forsee a compelling vision of the future, where AI isn't just a tool but a practical support shaping our societies. 🏙️  Of those who believe AI can promote a more human-centered society, 85 percent also believe it will positively impact their personal lives. AI holds the promise of creating more inclusive, human-centric societies, as envisioned by three-quarters of AI hopeful respondents, however, only half of the AI fearful share this optimistic view. The report also revealed that 54 percent of those who believe that competition between AIs for economic resources will become a reality also anticipate a negative impact on their personal lives. 📉 To gain deeper insights into this topic, read our report on future AI trends:  https://lnkd.in/ecGBpAMH #ConsumerTrends #AI #Technology #Innovation #Governance  Disclaimer: The 11 illustrations in the report have been generated with the help of AI.

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  • View organization page for Ericsson, graphic

    2,017,168 followers

    As we conclude the second quarter, we are pleased to share our Q2 report. Despite ongoing challenges in the mobile networks market, we are proud to report a strong gross margin and cash flow, underscoring the strength of our portfolio and competitiveness. Key highlights from the second quarter includes taking proactive action in a challenging market environment, resulting in advancing as a 5G leader for the 4th consecutive year, expanding our Global Network Platform with two new partnerships in Q2, signing a new 5G patent licensing agreement, and being on track for our IPR revenue target in 2024. In the current environment, our focus remains on executing our strategy and taking proactive steps to position the business for future success. Looking ahead, the industry must explore new monetization models to achieve volume growth in the mobile networks market. 📊 For more detailed insights and key highlights, we encourage you to read our full report. https://lnkd.in/dMgQvemy #5G #Ericsson #QuarterlyReport #Finances #Telecom #Innovation

  • View organization page for Ericsson, graphic

    2,017,168 followers

    Are mobile networks the foundation for truly digital nations? 🌐 Erik Ekudden, CTO of #Ericsson, reveals how service readiness, trustworthiness, and enrichment are key in a 5G network blueprint driving digitalization forward. He emphasizes the importance of investments in network coverage, capacity, and performance for service readiness. By 2029, global mobile data traffic is projected to grow over 3.4 times, requiring the densification of high-traffic areas and nationwide 5G midband deployment. Security, reliability, and integrity are paramount to ensuring trustworthiness. Open APIs and network flexibility enable CSPs to innovate and offer new applications, driving significant revenue opportunities through service enrichment. 📈 Erik also highlights the message from our forward-leaning customers on how to best prepare networks for future needs. This is not just a theoretical approach but a proven strategy, as seen in our last CTO focus sessions with Swisscom and SmarTone. 🎯 Read the latest blog from Erik here to find out more: https://lnkd.in/gsHdd9gW #5G #DigitalBlueprint #MobileNetworks #CSPs #Innovation

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  • View organization page for Ericsson, graphic

    2,017,168 followers

    Yesterday, we hosted the CEOs of the CEO Alliance at our headquarters for a productive discussion on the future of Europe's economic and environmental policies. 🤝 Led by our CEO, Börje Ekholm, the group emphasized the importance of economic growth and the Green Deal in enhancing Europe's competitiveness on the global stage. We were honored to welcome Elisabeth Svantesson, Swedish Minister for Finance, and Paulina Dejmek Hack, Director for General Affairs at DG FISMA, European Commission, for insightful exchanges on aligning economic growth with reduced carbon emissions and financing the green and digital transition. 🌎 The CEO Alliance reaffirmed the need for an investment-friendly environment in Europe to promote long-term investments and drive R&D and value creation. Börje Ekholm says “Europe must start growing faster through smart investments and longer-term focus, all in line with the European Green Deal.” ▶ Learn more here: https://lnkd.in/evRi9BHA #CEOAlliance #GreenDeal #Sustainability #CSR #Technology #Europe #Ericsson

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  • View organization page for Ericsson, graphic

    2,017,168 followers

    Ericsson has just been named a Leader in the Gartner 2024 Magic Quadrant™ for CSP 5G RAN Infrastructure Solutions report - for the fourth year in a row! 🙌 The report offers a market overview of the critical #5G radio access network (RAN) infrastructure capabilities, based on how Gartner experts comprehensively and independently assessed vendors who offer 5G solutions for communications service providers (CSPs) on their Completeness of Vision and Ability to Execute 💪 Ericsson has been recognized for our “Ability to Execute” 🤝 We're currently supporting 162 live 5G networks in 69 countries 🏅 We continue to evolve our 5G RAN, Cloud RAN, and Transport portfolios together with professional services 📰 Read the press release here: https://lnkd.in/gpWVCKBE #5G #Gartner #MagicQuadrant #5Gnetworks

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  • View organization page for Ericsson, graphic

    2,017,168 followers

    Findings from our recent 10 Hot Consumer Trends report reveal the potential for AI to impact children's development and safety positively. 👦 78 percent of early adopters we surveyed, view the idea of an AI-customized caregiver becoming a reality, with the potential to propel children on a fast-paced learning trajectory and maximize their intellectual potential, and even AI assistants guiding children toward specific career paths chosen by their parents. Yet, 74 percent of consumers express concerns about the potential decline of human values, fearing that an excessive emphasis on AI-generated programs could diminish children's creative and emotional intelligence. These consumer insights prompt important discussions about the role of AI in shaping the future of parenting and child development. 🔗 Find out what the future of AI might look like based on consumer perpectives in the latest 10 Hot Consumer Trends report: https://lnkd.in/eW465sJE #ConsumerTrends #AI #Technology #Innovation #Childcare #Education Disclaimer: The 11 illustrations in the report have been generated with the help of AI.

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Funding

Ericsson 6 total rounds

Last Round

Post IPO debt

US$ 109.1M

See more info on crunchbase