Ericsson and Aeris Communications Showcase Combined IoT Capabilities at Mobile World Congress

Rhea-AI Summary

At the Mobile World Congress in Barcelona, Ericsson showcased joint capabilities with Aeris, revealing strong interest from major communication service providers (CSPs) like SoftBank, Telenor Connexion, and Telstra. The transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses to Aeris aims to create a robust IoT platform, enhancing revenue streams for CSPs. The collaboration emphasizes new security features and lifecycle support for IoT programs across diverse industries. This partnership is set to expand significantly with increasing global demand for IoT solutions.

Positive

• Growing excitement among CSPs such as SoftBank, Telenor Connexion, and Telstra for the collaboration.
• Transfer of Ericsson's IoT Accelerator to Aeris expected to create a leading IoT platform with enhanced stability and security.
• Showcasing of new security features at MWC that received positive feedback.
• Enhanced opportunities for CSPs to monetize new services through Aeris’ and Ericsson's combined offerings.

Negative

• None.

• Ericsson and Aeris joint capabilities spark excitement among customers and partners at Mobile World Congress. SoftBank, Telenor Connexion and Telstra are among major CSPs looking forward to beginning collaboration with Aeris
• Joint events and demos in Barcelona give sneak peek of powerful combination of Ericsson and Aeris IoT solutions, including new security features
• Transfer of Ericsson IoT to Aeris offers unparalleled IoT platform for enterprises and new revenue streams for communication service providers

SAN JOSE, Calif.--(BUSINESS WIRE)-- At Mobile World Congress (MWC) in Barcelona, Ericsson (NASDAQ: ERIC) and Aeris Communications see growing excitement among partners and customers about the joint capabilities of their combined companies. Ericsson announced in December 2022 the transfer of its IoT Accelerator and Connected Vehicle Cloud businesses to Aeris, a leading provider of IoT solutions based in San Jose, California. Close is expected during Q1 2023.

The combined capabilities of Aeris’ and Ericsson’s IoT business will create a leader in the fragmented IoT market that brings unprecedented scale, stability, reliability and security to launch and manage IoT programs around the world. Aeris’ secure Intelligent IoT Network and value-added services, targeting industry verticals such as Transportation, Utilities, Automotive and Healthcare, provide opportunities for communications service providers (CSPs) to monetize new services on top of global connectivity offered through Ericsson’s award-winning IoT Accelerator platform today.

At MWC, the combined team is showcasing new security capabilities that protect IoT programs from cyber security threats and other vulnerabilities. Already receiving positive feedback from customers, this is one of the first innovations the combined team will be offering to tens of millions of IoT devices on the IoT Accelerator platform.

Comments from partners:

“We have a long history of working together and a very successful joint venture with Aeris in Japan, and we enjoy the benefits of a global ecosystem as a key Ericsson IoT Accelerator partner,” says Daichi Nozaki, Vice President and Head of the Global Business Division at SoftBank Corp. and President and CEO of SB Telecom America Corp. “We are looking forward to the innovation Aeris and Ericsson will together bring to the IoT market and connected vehicle industry.”

Mats Lundquist, CEO of Telenor Connexion, says: “We are excited to start our partnership with Aeris to provide innovative IoT solutions to businesses worldwide. By combining Aeris’ operational leadership and technology with Telenor’s extensive network coverage and global support infrastructure, we will unlock new levels of value for our customers. With our successful track record of global IoT deployments, we’re excited to continue pushing the boundaries of innovation and meeting the evolving needs of businesses in today’s fast-paced digital landscape. Together with Aeris, we will strengthen our commitment to provide world-class IoT solutions that help businesses achieve their goals.”

Mark Chapman, Executive – Industry, IoT & Unified Communications at Telstra, says: “We have a long partnership with Ericsson, and we look forward to continuing that and working with Aeris Communications, particularly on our pioneering Device Connect which helps customers efficiently manage their network of IoT devices. With Australia’s largest IoT network, our team of dedicated IoT specialists and as a foundational carrier partner in the IoT Accelerator ecosystem, we’re committed to being a leader in enterprise IoT solutions and partnering with customers to solve their real-world business challenges.”

Upon close, Aeris will provide the full lifecycle support for IoT programs across multiple industries, use cases and geographies to Ericsson’s current IoT customers and partners.

Come visit Ericsson IoT and Aeris at the Ericsson Hall (hall 2) during Mobile World Congress in Barcelona from February 27 through March 2, 2023.

NOTES TO EDITORS

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ABOUT ERICSSON

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

ABOUT AERIS COMMUNICATIONS

Founded in 1996, Aeris is a global IoT solutions leader with a proven history of helping companies unlock the value of IoT. For decades, we have powered critical projects for some of the most complex customers of IoT services. Aeris strives to fundamentally improve businesses by dramatically reducing costs, accelerating time-to-market, and enabling new revenue streams. Built from the ground up for IoT and road tested at scale, Aeris’ offering is based on the broadest technology stack in the industry, spanning connectivity up to vertical applications. As veterans of the industry, we know that implementing an IoT solution can be complex, and we pride ourselves on making it simpler. www.aeris.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230228005915/en/

Aeris Media & Analyst Contact:

Dawn Marks

Aeris, VP Communications

+1 847-224-8665

dawn.marks@aeris.net

Source: Aeris Communications

FAQ

What did Ericsson announce at Mobile World Congress 2023?

Ericsson announced a collaboration with Aeris to enhance their joint IoT capabilities, expected to create a leading platform in the IoT market.

Which companies are collaborating with Ericsson in this IoT initiative?

Major communication service providers like SoftBank, Telenor Connexion, and Telstra are collaborating with Ericsson and Aeris.

What new features are being introduced in the Ericsson and Aeris partnership?

The partnership introduces new security features aimed at safeguarding IoT programs against cyber threats.

When is the transfer of Ericsson's IoT Accelerator to Aeris expected to close?

The transfer is expected to close during Q1 2023.