By Emeka Aginam

Technology giant, Ericsson, at the ongoing Mobile World Congress holding in Barcelona, Spain, is pioneering 5G network  for business transformation.

This follows major announcements including network evolution towards 5G, an innovative new business model between content owners and operators to bring media to people more conveniently; and industry transformation in the transport sector.

New cases by Ericsson showcased  partnerships and innovative solutions towards digital frontier, 5G, media and IoT capabilities at forefront

Setting the tone for the 5G technology with announcements featuring partners and major customers.

5G

Ericsson President and Chief Executive Officer,  Börje Ekholm during the Media  and  Analyst briefing at the event said that , “We are currently working to set the future direction of Ericsson. It takes grit and grace  and team spirit  to succeed on the digital frontier. We will relentlessly push the technology frontier – and always ask ourselves how we can make our customers more successful. We know that it is what our customers expect from us, what they need from us in order for us to be their best partner also in the future.

“At Mobile World Congress 2017, we are showing that our capabilities in 5G and those within media and transport industries, for example, are out front and market-leading. We are ready today. We have the full ecosystem of partners and customers selecting us to deliver high-performance networks, media solutions, and business models in industries such as transport,”

Following up Ericsson’s launch of a suite of 5G products and services coming to market  this financial year,  Ekholm announced new 5G New Radio, NR,  trials in partnership with Qualcomm: NTT DoCoMo, Vodafone, and Telstra Australia.

Ekholm said: “5G will transform all industries, and our customers are already gearing up for the future by evolving their current 4G networks. This is the key foundation to enable the automation and business transformation needed for the Internet of Things, as well as data-hungry services like Virtual Reality and Augmented Reality.” In a new study, Ericsson foresees a 1.23 USD trillion market in 2026 to be addressed by 5G. Ekholm said: “This means that industries see the value of 5G and we will be there to grasp that opportunity.”.

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