Ericsson and Intel Launch 5G Innovators Initiative with Honeywell, GE and the University of California Berkeley
February 21 2017 - 09:00AM
-
5G Innovators Initiative
(5GI2) brings
together leading technology companies, industry leaders and
academia to explore, test and innovate with 5G network and
distributed edge technology in the U.S.
-
Unique proof-of-concept approach
promises to find new transformative ways for companies and
societies to use 5G technology by delivering proven
proven-application blue prints
-
The first industry segment to be
explored is Industrial Internet of Things (IIoT); Honeywell, GE and
the University of California - Berkeley join as initial
participants in open industry initiative
SANTA CLARA, Calif., Feb. 21, 2017 - Ericsson
(NASDAQ: ERIC) and Intel Corporation are launching the 5G
Innovators Initiative (5GI2), an open
industry initiative designed to create transformative experiences
that change lives, businesses and society. The 5GI2
will join major equipment manufacturers, leading technology
companies, industry leaders and top universities to explore, test
and innovate with 5G network and distributed edge technologies to
accelerate the adoption of 5G wireless and infrastructure
innovation in the United States. Honeywell, GE and the University
of California - Berkeley are the first participants to join the
initiative.
The 5GI2 will first
focus on the Industrial Internet of Things (IIOT) and develop
pilots for application of technologies including augmented and
virtual reality for first responder drone surveillance of hazardous
environments and other uses. The pilots will include step-by-step
blueprints of the network, cloud and 5G connectivity requirements -
from speed and responsiveness to security and analytics. As other
participants join, the pilots are expected to expand to other
industries where 5G will enable societal improvements, such as
autonomous driving, smart and connected cities, healthcare and
media. The pilots will also facilitate accessibility and
transparency of results, encouraging progress in support of 5G
industry standards and validation of new business models.
Ulf Ewaldsson, Chief Strategy and Technology
Officer of Ericsson, says, "This program is totally in line with
Ericsson's already established 5G programs, such as 5G for Sweden
and 5G for Europe. This collaboration brings together necessary
competence from technology providers, industry partners and
academia to find sustainable solutions to digitize and transform
other industries."
Asha Keddy, Vice President and General Manager of
Next Generation Standards, Intel Communications and Devices Group,
says: "5G is not simply about making smart phones faster. It's
about the machines and things that will deliver an entirely new
smart and connected future. Building our 5G future requires a new
approach to industry collaboration and development. The
5GI2 initiative
combines technological strengths and intellectual capital from each
of the participants to build step-by-step blueprints for how early
applications of 5G connectivity, IoT and cloud services will bring
new forms of value to multiple industries."
Suresh Venkatarayalu, Chief Technology Officer,
Honeywell Safety and Productivity Solutions, says: "The ability to
move large amounts of data across mobile networks is critical to
realizing the promise of the Internet of Things. Because of this,
5G technology will be a key enabler as we continue to develop and
deploy new connected solutions to improve worker productivity,
safety and asset performance across our customers' global supply
chains. It will help us bring to market new IoT solutions for
aircraft, buildings, homes, industrial plants, logistics providers,
manufacturers and retailers."
Peter Marx, Vice President, Advanced Concepts, GE
Digital, says: "Industrial companies looking to optimize their
assets and operations need connectivity from the edge to the cloud.
Connecting those assets to GE's Predix platform and using the
innovations emerging from 5G wireless will help them unlock
efficiency, increase manageability and drive sustainability.
Building a thriving ecosystem of innovators who use the next
generation of digital connectivity to sustain and surprise our
customers - in industries ranging from manufacturing to healthcare
- is key to everyone's success."
Ion Stoica, Professor of Computer Science at UC
Berkeley and Director of RISELab, says: "We believe 5G will be a
key technology that will enable our research in RISELab at UC
Berkeley on building systems to provide real-time execution on live
data with strong security. In particular, 5G would give us
unprecedented flexibility in implementing sophisticated
functionality across edge devices, edge clusters and clouds. We
pride ourselves for interdisciplinary collaboration and believe we
are in a unique position to explore new applications, use cases,
and business models for 5G that will ultimately realize its
potential. We are excited to join this 5G Innovators
Initiative."
NOTES TO
EDITORS
For media kits, backgrounders and high-resolution photos, please
visit www.ericsson.com/press
FOLLOW US:
www.twitter.com/ericsson
www.facebook.com/ericsson
www.linkedin.com/company/ericsson
www.youtube.com/ericsson
|
MORE
INFORMATION AT:
News Center
media.relations@ericsson.com
(+46 10 719 6996)
investor.relations@ericsson.com
(+46 10 719 00 00)
Intel Corporation
Michelle Kershner
+1 (480) 554 5616
|
Ericsson is a world leader in
communications technology and services with headquarters in
Stockholm, Sweden. Our organization consists of more than 111,000
experts who provide customers in 180 countries with innovative
solutions and services. Together we are building a more connected
future where anyone and any industry is empowered to reach their
full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5
billion). The Ericsson stock is listed on Nasdaq Stockholm and on
NASDAQ in New York. Read more
on www.ericsson.com.
About Intel
Intel (NASDAQ: INTC) expands the boundaries of
technology to make the most amazing experiences possible.
Information about Intel can be found
at newsroom.intel.com and intel.com.
Intel and the Intel logo, are trademarks of Intel
Corporation in the United States and other countries.
*Other names and brands may be claimed as the
property of others.
5GI2_EricssonIntel initiative_FINAL
2
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ericsson via Globenewswire
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Feb 2024 to Mar 2024
Ericsson (NASDAQ:ERIC)
Historical Stock Chart
From Mar 2023 to Mar 2024