INDIA - 2024/09/16: In this photo illustration, an Ericsson logo seen displayed on a smartphone and ... [+] in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Ericsson stock (NASDAQ: ERIC) has increased by about 26% year-to-date, outperforming the broader indices. Ericsson posted better-than-expected Q2 results, with revenue declining 7% but beating expectations, driven by a 5G licensing deal that boosted revenue and margi ...

Ericsson (ERIC) recently announced that it formed a partnership with INFORM, a prominent provider of AntiMoney Laundering (AML) and Fraud Management Solutions. The collaboration will work to bolster the security posture of financial services. ERIC offers a robust and simple digital wallet and payment service named Ericsson Wallet Platform that combines mobile communications and financial services capabilities. The platform has 114 million active users across 24 countries. Every month, it processes around 3 ...

Singtel, a leading telecom operator in Singapore, recently announced that it has become the first company in the world to commercially deploy Ericsson's (ERIC) newly launched Automated Radio Resource Partitioning (ARRP) solution. Unlike traditional network slicing methods that require customers to specify their network needs in advance, this cutting-edge software solution intelligently allocates network resources to meet varying workloads of enterprises and consumer applications. This flexibility aims to el ...

49% of Businesses Show Poor Collaboration Experiences Negatively Impacted Customer Experience Business leaders share insight into what they need to better communicate and collaborate internally and externally HOLMDEL, N.J., Sept. 24, 2024 /PRNewswire/ -- In a study conducted by Forrester Consulting on behalf of Vonage, new insights have emerged demonstrating the significant effects of inadequate internal collaboration on organizational performance. The data reveals that businesses plagued by siloed departme ...

STOCKHOLM, Sept. 20, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces that Carolina Dybeck Happe has decided to resign from its Board of Directors. Dybeck Happe has served on Ericsson's Board since 2022. The announcement follows the September 12 appointment of Dybeck Happe to the position of Executive Vice President and Chief Operations Officer with Microsoft. Jan Carlson, Chair of the Board of Directors, says: "I'd like to thank Carolina for her service on our Board and for her contributions an ...

Group 1 - Vonage has joined Salesforce's Bring Your Own Channel for Contact Center as a Service pilot program, allowing integration of its omnichannel and AI-powered features into existing contact center solutions [1][6] - The integration is expected to enhance communication across various channels, including voice, chat, and social messaging platforms, improving resolution times and creating a more personalized customer experience [2][6] - Vonage's Communications APIs will enable pre-built programmable capabilities within the contact center, consolidating functionalities on one platform and improving efficiency by reducing application switching for agents [3][6] Group 2 - The collaboration aims to optimize workforce management in contact centers through integration with Workforce Engagement Management solutions from industry leaders [4] - This partnership positions Vonage as a leading contact center provider in the Salesforce pilot program, likely generating higher revenues for Ericsson and improving its financial performance [7] - Ericsson's Enterprise segment has seen solid revenue growth in 2023, driven by the acquisition of Vonage, aligning with the company's strategy to expand in the wireless equipment market [5][7] Group 3 - Ericsson's stock has underperformed, losing 42.8% over the past year compared to the industry's growth of 48.5% [8] - Currently, Ericsson holds a Zacks Rank of 4 (Sell), indicating a need for improved performance to regain investor confidence [9]

Vonage, a wholly owned subsidiary of Ericsson (ERIC) , recently introduced an advanced business messaging solution called Vonage Rich Communication Services (RCS). Businesses in more than 10 countries in North America, South America and the EMEA region can now readily access the technology. The integration of Vonage RCS into business applications through Vonage Messages API will facilitate customized conversations that improve client engagement across the entire customer journey. In today's fast-paced digit ...

Group 1 - Vonage, a subsidiary of Ericsson, has partnered with SAP to explore generative AI use cases by integrating Vonage's network API platform with SAP Business AI [1][3] - The collaboration will provide SAP with access to Vonage's network APIs, including Quality-on-Demand, Device Location, and Number Verification APIs, aimed at enhancing customer experiences and mitigating fraud risks [2][6] - This partnership is expected to elevate user experiences and support sustainability through advanced technologies, enhanced data visualization, and augmented reality training [3][6] Group 2 - Ericsson's strategy focuses on becoming a leading mobile infrastructure provider and expanding its enterprise business, with solid revenue growth in its Enterprise segment attributed to the acquisition of Vonage [5][6] - The collaboration between Vonage and SAP is a strategic move to meet rising customer demands for enhanced experiences, leveraging Ericsson's mobile network leadership to extend Vonage's CPaaS platform [6] - Ericsson's stock has performed well, gaining 43.4% over the past year, outperforming the industry growth of 38.3% [7]

Ericsson (ERIC) announced that it achieved a milestone in mobile connectivity that would lay the groundwork for developing 5G advanced technologies in collaboration with Telstra. In this venture, Telstra, a leading mobile network provider in Australia, deployed the RAN Processor 6672, which is part of ERIC's fourth generation of RAN (Radio Access Network) purpose-built platform, within its Centralised RAN configuration. The solution, validated by Telstra, demonstrated three times the capacity compared with ...

Cradlepoint, the wholly owned subsidiary of Ericsson (ERIC) , recently announced that Wyoming Highway Petrol (WHP) has opted to deploy the Cradlepoint dual modem router and NetCloud Manager across its state fleet. Leveraging Cradlepoint solutions, WHP is aiming to create a strong and secure connectivity infrastructure that efficiently supports multiple mission-critical applications in challenging environments. The NetCloud Manager offers a single, unified interface that allows the agency to configure the ro ...