Ericsson provides SaskTel with M2M connectivity management platform, entering the space of IoT

• SaskTel selects Ericsson Device Connection Platform (DCP) as a service to offer subscription services to its enterprise market
• Ericsson DCP provides machine to machine (M2M) enablement through communication between devices and applications
• The offered solution is cloud-based and SaskTel will benefit from the platform's unique features and low cost which in turn will be shared with its customers

TORONTO, June 24, 2015 /CNW/ - Ericsson (NASDAQ:ERIC) has reached a deal with SaskTel in Canada to provide M2M connectivity.  Ericsson Device Connection Platform (DCP) as a service will provide SaskTel with a fast market launch with low risk and long term advantages in agility and economies of scale. It provides an optimized M2M connectivity platform supporting deployments for a high number of devices and applications covering a wide range of industry verticals and the emerging connected consumer electronics. 

Angel Ruiz, Head of Ericsson Region North America, says: "Ericsson's platform on which the SaskTel subscription service is based has been successfully integrated and deployed worldwide with multiple leading carriers. SaskTel now has the opportunity to move up the M2M value chain in order to capture higher proportions of available revenue within the space of IoT. We are proud to support SaskTel's success in the M2M/IoT business." 

Ericsson operates a DCP containing functionality and capacity that provides M2M enablement through communication between devices and applications. It will enable SaskTel to address new revenue streams from a vast variety of devices while simplifying the process and reducing the cost of connecting them.  

Managed connectivity in M2M is the first step and the most significant part of SaskTel building an offering in the Internet of Things (IoT) business area, being able to address the evolving needs of its customers in areas such as agriculture, utilites, and transport.

Ron Styles, President and CEO, SaskTel says: "SaskTel's M2M service will help our business customers to streamline processes, boost productivity, and increase profitability. The M2M Management Centre will allow business owners to simply automate important functions like stock management, remote or equipment monitoring, fleet status, or location based tracking of assets."

The global IoT platform revenues are forecasted to grow at a rate of over 30 percent per year to approximately CDN 3.3 billion in 2020. The M2M/IoT market in North America, which SaskTel is now becoming a part of, is the biggest in the world and is comprised of a variety of solutions targeting specific industry verticals. Key verticals with IoT/M2M opportunities include auto and transportation; utilities and smart grid; logistics; healthcare; public safety and retail.

NOTES TO EDITORS

About Ericsson Device Connection Platform

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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 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

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SOURCE Ericsson Canada

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