NEWARK, N.J., Feb. 24, 2017 /PRNewswire/ -- Ericsson
(NASDAQ:ERIC) and Panasonic Corporation of North America are collaborating to bring a new
energy-as-a-service (EaaS) solution to market. This is the first
time that the two companies will work together on smart sustainable
energy solutions. The offering will provide an efficient way to
intelligently measure, monitor and maintain energy infrastructure
for mobile operators and tower companies by using big data-based
analytics, energy management software, and lithium ion battery
energy storage.
The two companies' solution minimizes the energy costs and other
resources required to manage sites. For mobile operators,
enterprises and governments, this solution will deliver a reduced
total cost of ownership for energy equipment by up to 20 percent,
primarily driven by longer battery life and fewer maintenance site
visits resulting in the highest level of network availability.
With this as-a-service model up-front investment is not needed
and this is an example of how the circular economy opens up for
reduced environmental impact through longer product life,
replacement of lead in batteries and reduced need for
transport.
"Effective energy is a major focus area for all of our customers
and we are always looking for opportunities to reduce carbon
emissions. Energy-as-a-service is a new business model that is
designed to make energy operations more efficient, smarter and more
sustainable. We believe our strategic relationship with Panasonic
will deliver significant benefits to our customers in terms of OPEX
savings and contribute to an overall improved experience for their
customers, resulting from a higher level of network reliability,"
says Bradley Mead, Head of Managed
Services and Network Design Optimization at Ericsson.
With its deep expertise in network management and connectivity,
Ericsson will be responsible for products and services driven via
its Integrated Operations Center, focusing initially on its managed
services customers. Panasonic with its deep expertise in energy
assets and management will be responsible for the energy
architecture and solution orchestration backing up the service.
"We are excited to closely collaborate with Ericsson on smart,
sustainable energy-as-a-service solutions, leveraging the
companies' respective strengths in telecommunications and energy
solutions," says Jim Doyle,
president of Panasonic Enterprise Solutions Company, a division of
Panasonic Corporation of North
America. "This solution reduces total cost of ownership and
energy consumption while improving system resilience and
connectivity uptime, benefitting mobile operators and tower
companies as well as their customers. In addition,
telecommunications forms the backbone that supports not just IoT
generally but also responsive infrastructure for smart cities
specifically, including the smart city solutions being deployed by
Panasonic CityNOW."
The companies will collaborate to further customize and develop
the solution so it can better meet the needs of customers in the
utility, transport and public safety sectors, and support the
migration toward smarter and more sustainable cities.
Ericsson at Mobile World Congress 2017
Anything can
happen on the digital frontier, a promising but undiscovered
future. From February 27 to March 2
in Barcelona, Spain, Ericsson is
demonstrating a collaborative approach and innovative solutions to
succeed in this arena.
With our customers and partners, we work across industries,
physical boundaries and perceived limitations. Join us in Hall 2 or
online during MWC 2017 and engage in conversations and
demonstrations about our favorite things: 5G; platforms and
services for IT, Cloud, Networks and TV & Media; connected
solutions for industries; the Internet of Things; and partnering
for success.
See you there!
About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of
North America is a leading
technology partner and integrator to businesses, government
agencies and consumers across the region. The company is the
principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and
the hub of Panasonic's U.S. branding, marketing, sales, service and
R&D operations. Panasonic was featured in Fortune Magazine's
2016 ranking of 50 companies that are changing the world and doing
well by doing good. Specifically cited were its smart and
sustainable technologies, including its contributions to smart
cities and the electric vehicle revolution. Learn more about
Panasonic at us.panasonic.com/news.
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Ericsson is a world leader in communications technology and
services with headquarters in Stockholm,
Sweden. Our organization consists of more than 111,000
experts who provide customers in 180 countries with innovative
solutions and services. Together we are building a more connected
future where anyone and any industry is empowered to reach their
full potential. Net sales in 2016 were SEK
222.6 billion (USD 24.5
billion). The Ericsson stock is listed on Nasdaq Stockholm
and on NASDAQ in New York. Read more
on www.ericsson.com.
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SOURCE Panasonic Corporation of North
America