Initially the partnership will focus on service providers, then on opportunities for the enterprise segment and accelerating the scale and adoption of IoT services across industries," said Ericsson boss Hans Vestberg. Swedish mobile equipment maker Ericsson and US networking company Cisco, have announced a business and technology partnership which will allow the two firms to work collaboratively on cloud, 5G, IP and the Internet of Things. The companies said they would be working together in areas such as IoT, cloud computing, data centre infrastructure and software development. The move is likely to help them compete with rivals and could generate additional revenues of over $1bn for each company by 2018.
Swedish mobile equipment maker Ericsson and US networking company Cisco, have announced a business and technology partnership which will allow the two firms to work collaboratively on cloud, 5G, IP and the Internet of Things. The companies said they would be working together in areas such as IoT, cloud computing, data centre infrastructure and software development. The move is likely to help them compete with rivals and could generate additional revenues of over $1bn for each company by 2018.