Historic API venture announces CEO
Ericsson (NASDAQ: ERIC) and its telecom operator partners announce Anthony Bartolo as CEO of their new venture, named Aduna. The venture, launched in September 2024, aims to accelerate global adoption of common network APIs, enabling applications to work seamlessly across any network worldwide.
Bartolo brings over 30 years of tech industry experience, previously serving as COO at Vonage and Bandwidth. His track record includes transforming Avaya's business model, resulting in an 11-fold increase in annual recurring revenue, and holding executive positions at Tata Communications.
Aduna will focus on combining and selling network APIs globally through developer platforms, utilizing existing CAMARA APIs. The venture aims to empower developers to create innovative applications across multiple sectors. Bartolo will assume his CEO role on January 20, 2025, with the venture's closing expected later in the year, pending regulatory approvals.
Ericsson (NASDAQ: ERIC) e i suoi partner operatori di telecomunicazioni annunciano Anthony Bartolo come CEO della loro nuova iniziativa, chiamata Aduna. Questa iniziativa, lanciata nel settembre 2024, ha l'obiettivo di accelerare l'adozione globale delle API di rete comuni, consentendo alle applicazioni di funzionare senza soluzione di continuità su qualsiasi rete in tutto il mondo.
Bartolo vanta oltre 30 anni di esperienza nell'industria tecnologica, avendo precedentemente ricoperto il ruolo di COO in Vonage e Bandwidth. Il suo percorso include la trasformazione del modello di business di Avaya, che ha portato a un incremento undici volte superiore del fatturato annuale ricorrente, e posizioni esecutive presso Tata Communications.
Aduna si concentrerà sulla combinazione e vendita delle API di rete a livello globale attraverso piattaforme per sviluppatori, utilizzando le API CAMARA esistenti. L'iniziativa mira a dare potere agli sviluppatori di creare applicazioni innovative in diversi settori. Bartolo assumerà il suo ruolo di CEO il 20 gennaio 2025, con la chiusura dell'iniziativa prevista più avanti nell'anno, in attesa delle approvazioni regolamentari.
Ericsson (NASDAQ: ERIC) y sus socios operadores de telecomunicaciones anuncian a Anthony Bartolo como CEO de su nueva iniciativa, llamada Aduna. La iniciativa, lanzada en septiembre de 2024, tiene como objetivo acelerar la adopción global de API de red comunes, permitiendo que las aplicaciones funcionen sin problemas a través de cualquier red en todo el mundo.
Bartolo aporta más de 30 años de experiencia en la industria tecnológica, habiendo ocupado anteriormente el cargo de COO en Vonage y Bandwidth. Su trayectoria incluye la transformación del modelo de negocio de Avaya, lo que resultó en un aumento de once veces en los ingresos recurrentes anuales, y ocupando posiciones ejecutivas en Tata Communications.
Aduna se centrará en combinar y vender API de red a nivel global a través de plataformas para desarrolladores, utilizando las API CAMARA existentes. La iniciativa tiene como objetivo empoderar a los desarrolladores para crear aplicaciones innovadoras en múltiples sectores. Bartolo asumirá su rol como CEO el 20 de enero de 2025, con el cierre de la iniciativa previsto para más adelante en el año, sujeto a aprobaciones regulatorias.
에릭슨 (NASDAQ: ERIC)과 그 통신 운영자 파트너들은 앤서니 바르톨로를 새로운 공동 창업 벤처인 아두나의 CEO로 발표했습니다. 이 벤처는 2024년 9월에 출범하며, 전 세계의 공통 네트워크 API의 채택을 가속화하여 애플리케이션이 전 세계의 어떤 네트워크에서도 원활하게 작동하도록 하는 것을 목표로 하고 있습니다.
바르톨로는 30년 이상의 기술 산업 경험을 보유하고 있으며, 이전에는 보나지와 밴드위드에서 COO를 역임했습니다. 그의 경력에는 아바야의 비즈니스 모델을 혁신하여 연간 반복 수익을 11배 증가시킨 경험과 타타 커뮤니케이션즈에서의 임원직을 포함하고 있습니다.
아두나는 기존의 카마라 API를 활용하여 개발자 플랫폼을 통해 전 세계적으로 네트워크 API를 통합 및 판매하는 데 주력할 것입니다. 이 벤처는 개발자들이 다양한 분야에서 혁신적인 애플리케이션을 만들 수 있도록 지원하는 것을 목표로 합니다. 바르톨로는 2025년 1월 20일에 CEO 역할을 맡을 예정이며, 벤처의 마감은 규제 승인에 따라 올해 후반에 예상됩니다.
Ericsson (NASDAQ: ERIC) et ses partenaires opérateurs de télécommunications annoncent Anthony Bartolo comme PDG de leur nouvelle initiative, nommée Aduna. Lancée en septembre 2024, cette initiative vise à accélérer l'adoption mondiale des API réseau communes, permettant aux applications de fonctionner de manière transparente sur n'importe quel réseau dans le monde.
Bartolo apporte plus de 30 ans d'expérience dans l'industrie technologique, ayant précédemment occupé le poste de COO chez Vonage et Bandwidth. Son parcours inclut la transformation du modèle commercial d'Avaya, entraînant une augmentation de onze fois des revenus annuels récurrents, et des postes exécutifs chez Tata Communications.
Aduna se concentrera sur la combinaison et la vente des API de réseau à l'échelle mondiale via des plateformes de développeurs, en utilisant les API CAMARA existantes. L'initiative vise à habiliter les développeurs à créer des applications innovantes dans divers secteurs. Bartolo assumera son rôle de PDG le 20 janvier 2025, avec la fermeture de l'initiative prévue plus tard dans l'année, sous réserve des approbations réglementaires.
Ericsson (NASDAQ: ERIC) und seine Partner aus der Telekommunikationsbranche kündigen Anthony Bartolo als CEO ihres neuen Unternehmens Aduna an. Das Unternehmen, das im September 2024 gegründet wurde, hat das Ziel, die globale Akzeptanz gemeinsamer Netzwerk-APIs zu beschleunigen, damit Anwendungen nahtlos über jedes Netzwerk weltweit funktionieren können.
Bartolo bringt mehr als 30 Jahre Erfahrung in der Technologiebranche mit, zuvor war er COO bei Vonage und Bandwidth. Zu seinen Erfolgen gehört die Transformation des Geschäftsmodells von Avaya, die zu einer elfmaligen Steigerung der jährlich wiederkehrenden Einnahmen führte, sowie Führungspositionen bei Tata Communications.
Aduna wird sich darauf konzentrieren, Netzwerk-APIs global über Entwicklerplattformen zu kombinieren und zu verkaufen, wobei bestehende CAMARA-APIs genutzt werden. Das Unternehmen zielt darauf ab, Entwicklern die Möglichkeit zu geben, innovative Anwendungen in mehreren Sektoren zu schaffen. Bartolo wird seine Rolle als CEO am 20. Januar 2025 übernehmen, wobei der Abschluss des Unternehmens für später im Jahr, vorbehaltlich behördlicher Genehmigungen, erwartet wird.
- Appointment of experienced CEO with proven track record in business transformation
- Strategic positioning to monetize network APIs globally
- Partnership with major telecom operators enhances market reach
- Potential for new revenue streams through developer ecosystem
- Venture closing still subject to regulatory approvals
- Revenue impact and financial terms not disclosed
Insights
The appointment of Anthony Bartolo as CEO of Aduna represents a strategic but not immediately market-moving development for Ericsson's API venture. His track record at Vonage and Bandwidth, particularly in SaaS transitions and revenue growth, suggests strong execution capabilities. However, the real value proposition lies in Aduna's potential to standardize network APIs globally - think of it as creating a universal language for telecom networks.
The timing is particularly interesting as it coincides with the broader industry shift toward API monetization. Bartolo's experience in transforming Avaya's business model, resulting in an 11-fold increase in recurring revenue, demonstrates his ability to execute such transitions. For investors, the key metric to watch will be the speed of developer platform partner onboarding and subsequent API adoption rates once the venture closes.
What makes this venture strategically significant is its potential to accelerate innovation in telecom services by removing network compatibility barriers. Think of it as building a universal power adapter for telecom networks - developers can create applications once and deploy them anywhere. However, meaningful financial impact for Ericsson shareholders likely won't materialize until late 2025 or 2026.
- The recently-launched venture between some of the world's largest telecom operators and Ericsson (NASDAQ: ERIC) announces the appointment of Anthony Bartolo as its Chief Executive Officer and the name of the new company - Aduna.
Bartolo is a veteran tech executive with more than 30 years of experience scaling global businesses, driving new commercial strategies, and motivating cross-functional teams to achieve exceptional growth. Most recently, Bartolo served as Chief Operating Officer (COO) at Vonage and earlier at Bandwidth.
Prior to Bandwidth, Bartolo was Executive Vice President and Chief Product Officer at Avaya, where he led the transition to a Software as a Service-based business model, resulting in an 11-fold increase in annual recurring revenue and significant new customer wins.
Before that, Bartolo held several executive roles at Tata Communications, including President of Mobility and Chief Product Officer. His accomplishments included designing and implementing a more competitive product strategy, spearheading the company's expansion into new market segments, securing new strategic partnerships and expanding the company's global footprint.
Launched in September 2024, Aduna will combine and sell network APIs globally, with a vision that new applications will work anywhere, and on any network, paving the way for developers to innovate much more quickly and easily. Easily accessible advanced network capabilities will open up the next frontier in innovation, empowering developers to create new use cases across multiple sectors. The new venture will provide network APIs to a broad ecosystem of developer platforms, based on existing industry-wide CAMARA APIs.
Niklas Heuveldop, Head of Business Area Global Communications Platform for Ericsson, comments: "Anthony is a recognized global technology leader with a proven track record in driving successful strategy execution in fast-moving businesses. His unique cross-industry expertise across the technology, operational and business domains positions him exceptionally well to deliver on Aduna's vision. We are excited about Anthony now stepping in to further accelerate the onboarding of developer platform partners, enabling millions of developers to access advanced network capabilities and drive the next wave of services innovation via common APIs across industry-leading partner networks worldwide."
Bartolo comments: "Aduna is at the forefront of the next technology wave. Providing developers with ubiquitous access to open, programmable network functionality through common APIs will empower them to innovate at global hyperscale and drive value creation for enterprises, their customers and the telecom industry. These new and more advanced applications will create better customer experiences, open new revenue streams, work seamlessly anywhere in the world, and provide businesses with innovative and differentiating ways to operate. I am honored to lead Aduna towards a new frontier for the future of technology, communication and the telecom industry."
Bartolo will assume his responsibilities as CEO on January 20, 2025. The closing of the venture is expected later this year, subject to regulatory approvals and other customary conditions.
About Aduna
Aduna is a venture between global telecom providers and Ericsson, dedicated to revolutionizing the network API market. Its initial partners include: América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone. By providing a standardized platform that promotes collaboration and innovation, Aduna is set to usher in a new era of digital services that enhance user experiences and drive industry growth.
Global telecom leaders join forces to redefine the industry with network APIs
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