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 allocates significant resources to the development of new technologies, products, and solutions, such as 5G. The company also conducts research on the direct and indirect environmental impacts of the information and communication technology sector. The company utilizes life cycle assessments (LCAs) to understand the carbon and environmental footprint of its product portfolio. Furthermore, the company actively contributes to the advancement of methodologies for assessing these impacts. As of December 2022, the number of R&D resources increased to 29,304 compared to 27,379 in FY2021. The company has over 60,000 granted patents. In FY2022, the company incurred expenses of SEK47,298 million on R&D, which as a percentage of revenue, stood at 17.4%.
Business Segments
Overview
Cloud Software and Services specializes in offering comprehensive solutions for core networks, business and operational support systems, network design and optimization, as well as network managed services. The primary objective is to empower communications service providers in their journey towards cloud-native, intelligent, and automated networks and operations, enabling them to thrive in the rapidly evolving telecommunications landscape.
Performance
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Overview
Offers Global Communications Platform (Vonage) which provides cloud-based UCaaS, CCaaS, and CPaaS solutions; 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 comprehensive Radio Access Network (RAN) solutions that support multiple technologies and are capable of operating across various network spectrum bands. These solutions encompass advanced hardware and software that work seamlessly together. Additionally, Networks offers 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
Other segment encompasses Redbee Media, which specializes in the provision of live and on-demand video services to broadcasters, sports leagues, and communications service providers. Additionally, this segment includes various other non-allocated businesses.
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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