Ericsson and Cisco announce new joint customer engagements and offerings
(Thomson Reuters ONE) -
Today at GSMA's Mobile World Congress 2016, Ericsson (NASDAQ:ERIC) and Cisco
(NASDAQ:CSCO) reported significant progress in all areas of their next-
generation strategic partnership, announced in November 2015. The companies'
sales forces have successfully engaged with customers across the world on
business deals spanning networking, mobility and cloud technologies, IP
transformation and managed services agreements, resulting in new and expanded
businesses opportunities.
With a joint and complete end-to-end offering, global market presence,
unparalleled market position and strong cultural fit, the partnership was
developed to drive growth, accelerate innovation and speed up digital
transformation. In the three months since the partnership was announced, close
to 200 customer engagements have resulted in multiple recent customer wins,
including agreements with operators for mobile IP backbone network
transformation, transformation of TV proposition and cable network,
modernization of mobile backhaul leveraging Ericsson's systems integrations and
global services capabilities.
In addition, Cisco today announced a collaboration with Ericsson and Intel to
develop a next-generation 5G router for business and residential services.
Together they will begin to develop and trial what is expected to be the
industry's first 5G (fifth-generation mobile networks) router. As members of
the Verizon 5G Technology Forum, Cisco, Ericsson and Intel are partnering with
Verizon within an ecosystem to accelerate the pace of critical 5G innovations.
The two companies have accelerated work on their joint go-to-market models and
sales force training, and are making progress with their tactical planning and
global resource build-up. Further solutions and collaborations are being pursued
in parallel in six strategic areas - IP core, fixed cable broadband access,
business VPN, mobile backhaul, IP transformation services and IP & IT managed
services - as well as smart cities, with the potential to collaborate on
Internet of Things (IoT) technology development.
Ericsson also introduced today the Ericsson Dynamic Service Manager, a new
product for real-time management of network services via multiple technology and
vendor domains. The result of a collaboration and encompassing intellectual
property from the two companies, the Dynamic Service Manager will initially
focus on multi-vendor mobile backhaul, IP core, and enterprise VPNs. It brings
together Ericsson's leadership in OSS and Cisco's expertise in IP and optical
for the cost-effective management of complex network services. General
availability of this product is expected in second half of 2016.
Beyond these partnership developments, the two companies have also signed a
joint intellectual property rights agreement, as well as a professional services
agreement. The latter will leverage a combination of 66,000 Ericsson and 11,000
Cisco services employees to provide consulting, systems integration, support and
managed services across IT and networks in 180 countries.
Hans Vestberg, President and CEO, Ericsson, said: "I'm excited about the
feedback from the customers and from the sales force when we present our joint
capabilities. It is clear that our two companies approach this partnership with
the same commitment and will to execute. With rising network complexity and
performance requirements the strategic partnership offers a clear value to our
customers."
Chuck Robbins, CEO, Cisco, said: "In today's fast-paced world, next generation
strategic partnerships allow us to innovate and move with greater speed. Since
announcing our partnership with Ericsson in November, we have great momentum
resulting in cost-effective solutions, improved experiences, and faster time to
market for our customers. Our complementary portfolios and intense customer
focus make me more convinced than ever that Cisco and Ericsson's unique
partnership will drive even greater growth for our customers and faster
innovation for the industry."
About the partnership
Ericsson and Cisco - two industry leaders in the development and delivery of
networking, mobility, and cloud - formed a global business and technology
partnership in November 2015 to create the networks of the future. The
partnership offers customers the best of both companies: routing, data center,
networking, cloud, mobility, management and control, and global services
capabilities. Industry-leading scale and services capability will deliver
differentiated customer value for service providers, enterprises, and the
Internet of Things ecosystem. Please note that the partnership is not yet
effective in Brazil, where it is subject to regulatory review and approval.
NOTES TO EDITORS
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the
Internet work since 1984. Our people, products, and partners help society
securely connect and seize tomorrow's digital opportunity today. Discover more
at thenetwork.cisco.com and follow us on Twitter at (at)Cisco.
About Ericsson
For media kits, backgrounders and high-resolution photos, please visit
www.ericsson.com/press
Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and society to
fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband
and the cloud - are enabling the telecom industry and other sectors to do better
business, increase efficiency, improve the user experience and capture new
opportunities.
With approximately 115,000 professionals and customers in 180 countries, we
combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments in
research and development ensure that our solutions - and our customers - stay in
front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.
www.ericsson.com
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations(at)ericsson.com
Cisco Communications; Jim Brady
Phone: +1 408 424-2150
E-mail: mailto:jimbrady(at)cisco.com
Press Release - Ericsson and Cisco new engagements and offerings:
http://hugin.info/1061/R/1987967/729835.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ericsson via GlobeNewswire
[HUG#1987967]
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Datum: 22.02.2016 - 08:30 Uhr
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News-ID 452128
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