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Ericsson

Ericsson

Ericsson is a Swedish provider of communications technology and services.

OverviewStructured DataIssuesContributors

Contents

ericsson.com
Is a
Investor
Investor
Company
Company
Organization
Organization

Company attributes

Industry
5G
5G
Information and communications technology
Information and communications technology
0
Wi-Fi
Wi-Fi
Wireless
Wireless
Electric vehicle manufacturing
Electric vehicle manufacturing
Autonomous drive manufacturing
Autonomous drive manufacturing
Manufacturing
Manufacturing
...
Location
Stockholm
Stockholm
Sweden
Sweden
Kista
Kista
B2X
B2B
B2B
CEO
Börje Ekholm
Börje Ekholm
Founder
Lars Magnus Ericsson
Lars Magnus Ericsson
Drew Lanza
Drew Lanza
Thomas van Beem
Thomas van Beem
AngelList URL
angel.co/ericsson
Pitchbook URL
pitchbook.com/profiles.../52671-70
Legal Name
Telefonaktiebolaget LM Ericsson
Parent Organization
Ericsson
Ericsson
Investor AB
Investor AB
Subsidiary
Ericsson Nikola Tesla
Ericsson Nikola Tesla
‌
Ericsson Television Limited
Ericsson Ventures
Ericsson Ventures
‌
Ericsson Limited
Redback Networks
Redback Networks
iconectiv
iconectiv
Ericsson
Ericsson
Legal classification
Aktiebolag
Aktiebolag
Public company
Public company
Date Incorporated
1876
Number of Employees (Ranges)
10,001+
Email Address
asq@ericsson.com
Phone Number
+46107190000
Number of Employees
104,525
Full Address
Torshamnsgatan 21 Stockholm, Sweden
Place of Incorporation
Sweden
Sweden
DUNS Number
13-955-7425
Founded Date
1876
0
Total Funding Amount (USD)
663,160,564
Competitors
Hewlett Packard Enterprise
Hewlett Packard Enterprise
Huawei
Huawei
Qualcomm
Qualcomm
Nokia
Nokia
Oracle
Oracle
Mercku
Mercku
Tech Mahindra
Tech Mahindra
UNIBERG
UNIBERG
...
Business Model
Licensing
Subscription
Stock Symbol
ERIC
Exchange
Stockholm Stock Exchange
Stockholm Stock Exchange
Nasdaq
Nasdaq
Glassdoor ID
3472
CTO
Erik Ekudden
Erik Ekudden
CFO
‌
Carl Mellander
Key People
Börje Ekholm
Börje Ekholm
Drew Lanza
Drew Lanza
NAICS Code
517,919
CAGE Code
14018
Patents Assigned (Count)
367
Legal Entity Identifier
549300W9JLPW15XIFM520
Motto/Tagline
Taking you forward
Wellfound ID
ericsson
Country
Sweden
Sweden
United Kingdom
United Kingdom
Headquarters
Stockholm
Stockholm

Investor attributes

Invested in
Skorpios Technologies
Skorpios Technologies
Adapteva
Adapteva
Avaamo
Avaamo
Formant
Formant
Jolata
Jolata
Trifacta
Trifacta
PubNub
PubNub
Balena (Company)
Balena (Company)
...

Other attributes

Company Operating Status
Active
Contact Page URL
ericsson.com/en/contact
Founder of
Symbian Ltd.
Symbian Ltd.
Medium URL
medium.com/@ericsson.signal
Named After
Lars Magnus Ericsson
Lars Magnus Ericsson
Owner of
Ericsson-LG
Ericsson-LG
Redback Networks
Redback Networks
iconectiv
iconectiv
Partner Organizations
VMware
VMware
0
Public/Private
Private0
SIC Code
48,999,907
Ticker Symbol
ERIC
Wikidata ID
Q52618
Overview

Ericsson is a provider of technology and services for telecommunications and network operators. This includes 2G, 3G, 4G, and 5G mobile technologies, and support for large subscriber base networks. Further, the company's portfolio includes mobile and fixed network infrastructure, telecommunication services, software, broadband, and multimedia solutions for operators, enterprises, and the media industry. The company, headquartered in Stockholm, operates in over 180 countries, employs over 100,000 people, and has over 57,000 granted patents.

The company, founded in 1876 by Lars Magnus Ericsson, is jointly controlled by the Wallenberg family through the family's holding company Investor AB and the investment company Industrivärden. The Wallenberg family and the Handelsbanken acquired control of Ericsson after the fall of the Krueger empire in the 1930s. Since that time, Ericsson has become a major player and contributor in the telecommunication industry, and is a leader in 5G development and technology. Similarly, the company is the inventor of Bluetooth technology.

Solutions
5G RAN

As part of Ericsson's 5G offerings, the company offers 5G Radio Access Network (RAN), which uses 5G radio FDD frequencies to provide wireless connectivity to devices. Use cases for the technology include cloud gaming, augmented and virtual reality, autonomous driving, and fixed wireless access. In order to deliver solutions to these use cases, the RAN consists of antennas, radios, baseband (RAN compute), and RAN software to increase speeds and mobility of networks and user devices.

5G Transport

Ericsson offers mobile transport solutions in order to connect 5G services and to meet capacity needs in urban, suburban, and rural areas. And to help meet those needs, service providers require 5G transport solutions to meet those needs and connect various 54G services while offering increased Radio Access Network (RAN) performance.

Core network and automation

With the development of 5G comes the promise of new use cases that were not previously possible based on network capabilities. This includes industrial automation, critical IoT, and advanced consumer services. Key enablers for these use cases will be developing cloud-native core networks for 5G and automated services for the range of deployment scenarios.

Dedicated networks

In order to develop a high-performance communications foundation that is reliable and secure, private networks have been a preferred way to power digital transformation for connecting devices, industrial sites, and augmenting workers. Ericsson Private 5G is a solutions for developing 5G, private networks, for industrial use cases and the digitalization of infrastructures and business process operations. The private, dedicated network offers organizations secure 4G LTE and 5G connectivity for the optimization and simplification of business operations through data creation, collection, and analysis.

IoT Platform

Ericsson offers an IoT platform to help client companies deploy, manage, and scale IoT businesses, and increase a company's speed to market. The IoT platform makes use of Ericsson's dedicated core network, coupled with global cellular coverage to help future-proof a business and offer a company complete visibility and control access across the entire lifespan of connected assets.

AI-powered managed services

Ericsson offers managed services for network and IT operations and optimization, and offering communication services providers and enterprises a possibility to run next-generation connectivity and services for their customers. The Ericsson Operations Engine offers an artificially intelligent and and data-driven solution for intelligent and predictive mobile networks.

Critical Communications

Built on Ericsson's 3GPP, 4G, and 5G technologies, the company offers network services for critical communications and applications for resilient and high performing critical mobile broadband communication services, such as those used by public safety agencies and critical infrastructure industries. Furthermore, these technologies are aimed to complement or evolve existing national or regional Land Mobile Radio (LMR) networks, providing comprehensive voice, data, and video services.

Intelligent network services

Ericsson offers intelligent network services to help integrate data insights with expert knowledge to offer service providers what they need from site design and engineering to continuous preemptive support and network optimization. These service offerings include intelligent deployment services and network support services for always-on networks.

Service orchestration

Service orchestration works to help prepare businesses for 5G through a programmable network open for the consumer and enterprise application. A key capability is secure and automated end-to-end management across multi-clouds and network domains. This includes service automation to remove manual tasks for designing, ordering, fulfilling, and assuring services to increase efficiency and to provide zero-touch operations. This is as enterprise service orchestration becomes increasingly important in order to connect multiple application ecosystems and orchestrate workloads across multi-cloud and multi-vendor environments.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Ericsson Annual Report 2020

https://www.ericsson.com/494193/assets/local/investors/documents/2020/annual-report-2020-en.pdf

Web

2020

References

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