Ericsson focuses on transforming industries

Tech March 04, 2014 00:00

By The Nation

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At the "Mobile World Congress 2014" in Barcelona, Ericsson president and CEO Hans Vestberg talked about growth opportunities for mobile operators while foreseeing an even more data-centric world - one that demands superior network performance.

Vestberg summarised new capabilities from Ericsson to support its customers in transition to the new world, covering hardware, software and services.
Commitments were confirmed for trials of the Ericsson Radio Dot System to major service providers in Europe, Asia, North America and Africa.
Transformation across industries drives new models of partnership and innovation, he said in his opening-day media and analyst briefing at the congress, asserting the Swedish giant’s leadership in technology and services in an increasingly data-centric world.
The company chief outlined Ericsson’s strategic moves and launches this year that support customers in three categories: network evolution, OSS/BSS and process transformation, and innovation and revenue growth.
Vestberg described five new trends for 2014: digital lifestyle drives demand; ICT transforming industries; data brings new business models; customer experience in focus; and superior network performance wins. 
He predicted that mobile video-traffic growth would exceed 75 per cent and that the global probability of getting mobile data throughput of at least 1Mbps, or sufficient app coverage, during 2014 would increase, but not enough. 
“We need continuous app coverage to support our new ways of living and doing business,” he added.