Ericsson joins forces with Scania and Royal Institute of Technology in transport lab for future infrastructure
April 13 2015 - 04:00AM
Ericsson (NASDAQ:ERIC) has announced that it is to
join forces with Scania and Sweden's Royal Institute of Technology
(Kungliga Tekniska Högskolan, known as KTH) in their Integrated
Transport Research Lab (ITRL) to explore the transport solutions of
the future.
The joint initiative, which will explore areas
such as autonomous buses and improved systems for traffic
management, forms part of the "5G for Sweden" program that was
announced in March.
The partnership will feature technology experts
from Ericsson, leading scientists from KTH and industry experts
from Scania who together will jointly develop ideas and proposals
to harness technology to create the transport systems of the
future.
Sara Mazur, Head of Research, Ericsson, says: "The
intention of the research is to validate and evolve technologies
and solutions that can benefit transport infrastructure in the
future.
"Our expectation is to develop and introduce new
products and new business models in cooperation with Scania for the
transport sector, as well as other new markets."
Sara Mazur added: "We are very proud of our active
role in the 5G for Sweden project, which aims to use technology to
improve Swedish society. The ITRL project is very much in line with
Ericsson's vision of the Networked Society."
The ITRL Lab is set to run until the end of June
2021.
NOTES TO EDITORS
Ericsson first with key 5G advances
Download high-resolution photos and
broadcast-quality video at www.ericsson.com/press
Ericsson is the driving force
behind the Networked Society - a world leader in communications
technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and
society to fulfill their potential and create a more sustainable
future.
Our services, software and
infrastructure - especially in mobility, broadband and the
cloud - are enabling the telecom industry and
other sectors to do better business, increase efficiency, improve
the user experience and capture new opportunities.
With approximately 115,000
professionals and customers in 180 countries, we combine global scale with technology and services
leadership. We support networks that connect more than 2.5 billion
subscribers. Forty percent of the world's mobile traffic is carried
over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in
front.
Founded in 1876, Ericsson has its
headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0
billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock
exchange in Stockholm and the NASDAQ in New York.
www.ericsson.com
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson joins forces for 5G
transport lab
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ericsson via Globenewswire
HUG#1910475
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Feb 2024 to Mar 2024
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Mar 2023 to Mar 2024