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ERIC Ericsson

5.26
-0.10 (-1.87%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Ericsson NASDAQ:ERIC NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.10 -1.87% 5.26 5.26 5.29 5.2992 5.20 5.26 22,498,160 00:59:31

Ericsson Launches New AI-powered Network Services

13/02/2020 1:34pm

PR Newswire (US)


Ericsson (NASDAQ:ERIC)
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KISTA, Sweden, Feb. 13, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has launched two new artificial intelligence (AI)-powered offerings in its Network Services portfolio, enabling communications service providers to secure always-on networks and deliver optimal user experiences.

The two new portfolio additions - Network Intelligence and Omni Network Channel - are part of  Ericsson's Network Services offering. They employ AI, automation and predictive analytics to address the complex reality faced by communications service providers: exponential data growth and the continuous introduction of new technologies such as 5G, digital transformation, and scattered information sources and insights.

Network Intelligence is an AI-driven preemptive support service that allows issues to be identified and resolved before they impact network performance. The service prevents critical outages and delivers the network stability needed for service continuity and optimal end-to-end performance.  Ericsson research shows that Network Intelligence reduces critical incidents by up to 35 percent by carrying out selective data collection, and automatically resolves issues within an average of five minutes from data collection.

Omni Network Channel is a unified digital workspace for interaction between the communications service provider and Ericsson, providing easy navigation, self-help and smooth collaboration. The workspace enhances network performance and consumer satisfaction through faster resolution of both the communications service provider and Ericsson operations' issues. It also facilitates the adoption of new technologies such as 5G and supports communications service providers with the competence development of their personnel.

Roger O' Hargan, Head of Service Area Networks, Ericsson, says: "Our core value is `Technology enhanced by people' where people, framework and technology are our main assets. These new offerings are all about putting the service provider in the center by enabling self-help as well as smooth collaboration, co-creation, and easy access to data - all of which will help secure an always-on network experience."

Justin van der Lande, Principal Analyst at Analysys Mason, says: "There is a demand among service providers for a more transparent interaction with their vendors when dealing with network issues. Ericsson's intelligent workplace technology, boosted by the expertise of their people, addresses this well. This approach leverages the scale of Ericsson's operations, its well-established frameworks and its wealth of industry knowledge to bring significant benefits to the service provider. Ericsson's AI-powered Network Services are now readily accessible with shared data insights that put the customer experience front and center."

Network Intelligence is built for product-near use as a natural extension of the Network Services portfolio. It is complementary to the Ericsson Operations Engine, Ericsson's offering for managed operations, design and optimization launched in January 2019.

Learn more about Ericsson Network Services

Related content:
Ericsson report: AI-powered operations key to improving customer experience
Ericsson Operations Engine

NOTES TO EDITORS:

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media.relations@ericsson.com  (+46 10 719 69 92)
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ABOUT ERICSSON

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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Cision View original content:http://www.prnewswire.com/news-releases/ericsson-launches-new-ai-powered-network-services-301004561.html

SOURCE Ericsson

Copyright 2020 PR Newswire

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