Ericsson Ramps Up India Business, Increases Artificial Intelligence Investments

- Advertisement -

Ericsson is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru.

Swedish telecom gear maker Ericsson said that it is increasing its Artificial Intelligence-related investments in India along with Sweden and the US to boost its managed services business. It is also aggressively hiring engineers to support its artificial intelligence and automation efforts in the country.

- Advertisement -

In an interaction with Economic Times, Peter Laurin, Head of Managed Services at Ericsson stated that Ericsson has a lot of development happening in India and currently the organisation is betting on three centers, namely the Silicon Valley, Sweden, and India, which they term it as the global AI accelerators.

Ericsson is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru. The company is also putting efforts in upskilling its existing engineers in the managed service business to handle address demands coming from telcos.

India – A lucrative business hub
Laurin informed that India is a great business hub for Ericsson and they would like to attract more talent in AI, automation and data science. He said that the AI and automation capabilities are helping Ericsson in countries like India where networks are complex and generate an immense amount of data.

The company now wants to take India specific innovations to other global markets. Laurin commented that India is a great R&D hub for Ericsson, both in development and putting it into the field. Hence the organisation now aims to develop in India and deploy it in the US.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Global Automotive Industry Engages One Million Robots: Report

0
A new robot density record has been set in the car industry, with the Republic of Korea leading the world in the number of...

Würth Elektronik Subsidiary Opens in Baltics

0
Numerous manufacturers in fields like wireless tech, fleet management systems, power electronics for lasers, and building automation are present in Lithuania In the latest update...

Anritsu, Aalborg University To Research Together on 6G

0
Anritsu's Vector Network Analyzers and antenna and measurement systems technology from Aalborg University will enable the research Anritsu Corporation recently announced the extension of its...

Exclusive

Global Automotive Industry Engages One Million Robots: Report

0
A new robot density record has been set in the car industry, with the Republic of Korea leading the world in the number of...

BlackBerry Launches IoT Division In Hyderabad

0
The company said this would be its second-largest Internet of Things (IoT) division after its Canada headquarters. The company aims to employ around 100 software...

Automotive IoT Market To Reach $566.42 Bn in a Decade

0
Advancements in in-vehicle infotainment systems and increasing demand for connected cars and real-time vehicle and traffic data are the major driving forces for this...

Important Sectors

Global Automotive Industry Engages One Million Robots: Report

0
A new robot density record has been set in the car industry, with the Republic of Korea leading the world in the number of...

Anritsu, Aalborg University To Research Together on 6G

0
Anritsu's Vector Network Analyzers and antenna and measurement systems technology from Aalborg University will enable the research Anritsu Corporation recently announced the extension of its...

BlackBerry Launches IoT Division In Hyderabad

0
The company said this would be its second-largest Internet of Things (IoT) division after its Canada headquarters. The company aims to employ around 100 software...

Automotive IoT Market To Reach $566.42 Bn in a Decade

0
Advancements in in-vehicle infotainment systems and increasing demand for connected cars and real-time vehicle and traffic data are the major driving forces for this...

AI-based Medical Assistant Mediktor Joins Hands With Kore.ai

0
The partners aim to use natural language processing and machine learning to uncover meaningful insights from unstructured medical text and enhance treatment efficacy Leading enterprise...

Manufacturing

MeitY Task Force For Making India a Product Developer & Manufacturer

0
As industry players look for alternatives to China and Vietnam, India aims to grab the chance to become a smartphone manufacturing hub In a recent...

GoI Approves Electronics Manufacturing Cluster In Karnataka’s Hubli-Dharwad

0
Nine companies have already committed Rs 340 crore of investments at this EMC, which has a strategic locational advantage  In the latest update from PIB,...

Optiemus Joins Primebook To Manufacture Made-in-India 4G Laptop

0
OEL aims to strengthen its capabilities with further expansion into other categories of consumer electronics A leading Indian electronics manufacturing company, Optiemus recently announced that...

Foxconn Bags AirPod Order, Will Manufacture In Telangana

0
Foxconn will reportedly invest more than $200 million in the new AirPod plant in Telangana and will start manufacturing in the second half of...

Hexagon, Altium Partner For Sustainability In The Electronics Industry

0
The partners are working on cloud-based digital reality solutions to contribute to a more environmentally sustainable design and manufacturing of electronics The developments are...