Telefonaktiebolaget LM Ericsson - Company Profile
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Business Description
Telefonaktiebolaget LM Ericsson (Ericsson) is a provider of information and communications technology (ICT) solutions to service providers. It also provides network optimization, cloud and IT services, mission critical networks, ran slicing, network support services, security management, mission-critical services, and cloud packet core.
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R&D Overview
Ericsson focuses on the development of new technologies, products, and solutions, such as 5G. The company is a major contributor to O-RAN, aligning 3GPP and Open RAN, and investing heavily in Cloud RAN. It also focuses on improving network performance using Artificial Intelligence (AI), reducing energy consumption, and securing sustainability leadership. As of December 2023, it had 28,219 R&D employees and over 60,000 granted patents. In FY2023, the company incurred expenses of SEK50,664 million on R&D, which as a percentage of revenue, stood at 19.2%.
Business Segments
Overview
Develops, sells, and delivers solutions for core networks, business and operational support systems, network design and optimization, and network managed services. It also operate customer networks.
Performance
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Overview
Offers Global Communications Platform (Vonage) which provides cloud-based Unified Communications as a Service (UCaaS), Contact Center as a Service (CCaaS) and Communications Platform as a Service (CPaaS); Enterprise Wireless Solutions (Cradlepoint) offering private wireless networks and wireless WAN pre-packaged solutions; and Technologies and New Businesses encompassing mobile financial services, security solutions, and advertising services.
Performance
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Overview
Offers Radio Access Network (RAN) solutions that support multiple technologies and are capable of operating across various network spectrum bands. Provides a range of cloud-native RAN solutions, transport solutions, both passive and active antenna options, and a complete suite of services for network deployment and ongoing support.
Performance
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Overview
Comprises Redbee Media, which specializes in the provision of live and on-demand video services to broadcasters, sports leagues, and communications service providers.
Performance
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Geographical Segments
- Europe and Latin America
- Middle East and Africa
- North America
- North East Asia
- Other
- South East Asia, Oceania and India
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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