Ericsson and Future Technologies Venture, LLC, announce collaboration which has been in place for over 13 years and has resulted in over $150 million in cumulative engagement value, is furthering its relationship to help enable the development and deployment of enterprise wireless and private 5G solutions in industrial and critical infrastructure markets in North America. This collaboration is focused on enabling organizations that seek to leverage AI-based technology solutions in their physical operations. As the number of connected devices in industrial environments continues to rise at a rapid rate, including sensors, cameras, autonomous devices, and mobile workers, it is imperative for organizations to have connectivity solutions in place to enable data communication between devices and cloud infrastructure. Ericsson will offer enterprise wireless and private cellular solutions.
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The companies have already implemented large-scale connectivity projects across manufacturing facilities, industrial sites, and sports venues. “Artificial intelligence is moving into the physical world, and that fundamentally changes the role connectivity plays inside enterprises,” said Åsa Tamsons, Senior Vice President and Head of Business Area Enterprise Wireless Solutions at Ericsson. “Connectivity transformation is not simply about upgrading networks, it is about enabling AI modernization across industrial environments,” said Peter Cappiello, Chief Executive Officer of Future Technologies. “Ericsson has been a foundational technology partner for more than 13 years. Together we are scaling deterministic enterprise wireless as a utility layer supporting modern infrastructure across North America.”
