Ericsson is a global telecommunications company that provides infrastructure, services and software to customers in the telecom industry and other sectors in more than 180 countries.
The company delivers value-added to customers by continuously developing its offering with focus on customers’ priorities in the key areas of efficiency, the digital experience and new revenue streams. This work is based on Ericsson’s strengths: technology leadership, product-led solutions, global scale and skill. These factors have enabled a strong position in technology and services, which is illustrated by substantial investments in research and development and the market’s strongest patent portfolio of some 45,000 granted patents.
Ericsson’s business is conducted in four segments: Networks, Digital Services, Managed Services and Emerging Business & Other. Networks develops hardware and software for operators of radio and transport networks as well as solutions for the next generation of mobile networks (5G). Customers’ needs to be able to handle a growing volume of data with maintained quality and unchanged costs are creating momentum for 5G, where Ericsson has a leading position. Digital Services provides IT systems, core networks and infrastructure that help telecom operators meet the challenges they are facing in the ongoing digital transformation, including cloud-based virtual networks. Managed Services offers operational and optimization services for communications networks and IT systems for operators. The Emerging Business & Other segment invests in strategic growth opportunities based on 5G and IoT.