| By PR Newswire | Article Rating: |
|
| January 16, 2013 08:02 AM EST | Reads: |
453 |
NEW YORK, January 16, 2013 /PRNewswire/ --
What can the market expect from the mobile tech sector aside from more patent issues and litigation news? Take a look at what's keeping Ericsson busy these days, as they lead the show to the world's first IMS-based WebRTC platform.
While mobile tech giants keep their executives busy with their respective wars, more and more consumers use various social networks to air their dissatisfaction towards the most saleable gadgets on the market today. Consumers and investors have been greatly anticipating good news from the sector, and Ericsson (NASDAQ: ERIC) [Full Research Report][1] is right on time to make waves this year.
For additional due diligence beyond the scope of this article, read our full featured research report on Ericsson including full detailed breakdown, technical analysis, analyst ratings and price targets - absolutely free of charge - available at: [http://www.nationaltradersassociation.org/r/read_report/ea6d_ERIC].
In a global consumer report by Ericsson ConsumerLab, the company identified highly valuable consumer trends, behavioral changes and internet usage for 2013 and beyond. As discussed by Ericsson President and CEO Hans Vestberg, mobility, broadband and cloud are the key elements that will drive the company to its modern-day success story.
Ericsson recently uncovered its new communication technology, the IMS Innovation Platform, a "Web Real Time Communications" or WebRTC interface that is designed to reshape the consumer-enterprise habitat. This new platform is expected to make a high impact on communication services where new communication paradigms can be derived and better mobile service can be expected. WebRTC will enable developers to produce exceptionally creative applications that are not limited by their respective technology platforms.
"Developers will take the concept of the existing phone call, see it as a digital stream and innovate accordingly. Reading, transcribing, contextualizing, translating, on any connected device, using people's existing phone number - all are just the beginnings of possibility," said Geoff Hollingworth, head of Business Innovation, Ericsson North America.
The company seems to be on the right track, in terms of growth and sustainability, as they partner with big names including Volvo, AT&T, Unwired Planet and world-renowned DJ and Producer Avicii. In an industry that is expected to reach $203.8 billion or a growth of 35.5% by 2016, there is some light for Ericsson to be the game-changer without directly competing with mobile tech giants, Apple and Samsung.
At the 2013 International CES in Las Vegas, Ericsson President and CEO Hans Vestberg said that they are currently working with Volvo to produce a "Connected Vehicle Cloud" with a dashboard that is completely changed to display cloud information.
"Ericsson is a perfect partner for Volvo Car Group, bringing extensive experience and global business acumen to the table. On top of this, both companies share the same ambition to develop industry leading solutions in line with our shared vision of the future based on a networked society," said Lex Kerssemakers, Senior Vice President Product Strategy and Vehicle Line Management at Volvo Cars.
Meanwhile, Ericsson has been selected by AT&T to provide verification services for its Global SIM Program before it is launched globally. "Ericsson's global market leadership makes it a true one-stop-shop for device and application verification," said Glenn Lurie, President of Emerging Devices, Resale and Partnership of AT&T.
Despite the global headwinds that continue to shake the global market, Ericsson's slowdown in the Q4 of 2012 is reported to be more than expected. The company is expected to receive 70% of Unwired Planet's revenues after closing a 2,185 patent deal. Ericsson is also currently collaborating with Avicii to produce the world's first "crowd-sourced" hit song.
With this much activity going on in the company, Ericsson is on the right path to attracting investments and to redefining mobile technology.
Reference Links:
[1] The Full Research Report on Ericsson - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/ea6d_ERIC]
Consider National Traders Association
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop -- long before they become the next top news on major financial networks.
Published January 16, 2013 Reads 453
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Cloud Is Changing the Economics of Business
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- Cloud Expo New York: Delivering Digital Marketing on the Cloud
- Gravitant Supports General Dynamics Information Technology in Offering New Cloud Brokerage Services to Government Entities
- Big Data Isn’t About the Database, It’s About the Application
- Cloud Expo New York: Rethink IT and Reinvent Business with IBM SmartCloud
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Best CIO Practices Shared from SHI’s Customers
- Cloud Expo New York Speaker Profile: Greg O'Connor – AppZero
- Cloud Expo New York: Cloud Is Changing the Economics of Business
- Cloud Expo New York: How to Use Google Apps Script
- Windows Azure IaaS Reaches General Availability
- Cloud Computing Bootcamp at Cloud Expo New York
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Salesforce.com Executives to Participate in Upcoming Investor Events
- The Top 150 Players in Cloud Computing
- Six Benefits of Cloud Computing
- Where Are RIA Technologies Headed in 2008?
- FullArmor GPAnywhere Secures Microsoft Application Virtualization Applications Through Group Policy
- SYS-CON's Virtualization Conference & Expo: Themes & Topics
- SYS-CON's Virtualization Journal Opens Its "Readers' Choice Awards" Nominations
- "Virtualization Is Now a Key Strategic Theme," Says Citrix CTO
- Application Virtualization: Instant Migration to Vista, Fast Delivery, Secure Access, Side-by-Side Deployments
- Application Virtualization
- Integration with Windows Vista, Microsoft Excel, and Microsoft Application Virtualization
- The Top 250 Players in the Cloud Computing Ecosystem
- What's the Difference Between Cloud Computing and SaaS?

























