Ericsson(ERIC) Prnewswire·2024-10-31 09:16Core Insights - Ericsson has launched seven new 5G Advanced software products aimed at enhancing the performance of programmable networks for communications service providers (CSPs), which will lead to increased revenue, improved user experience, and operational efficiency [1][4][6] Group 1: Product Features - The new software suite includes AI-powered RAN for real-time data processing and intelligent decision-making, intent-driven networks that simplify CSP objectives, and service-aware RAN that adapts to various connectivity needs [3][5] - Key products include Real-time AI-powered automation for scaling network automation, Outdoor Positioning for location-based services, Mission Critical Services for high-resilience sectors, RAN Differentiated Connectivity for SLA compliance, Energy Efficiency and Management for optimizing energy performance, Premium Network Performance for enhanced coverage, and Device Battery Performance for improving battery life of 5G devices [4][5] Group 2: Market Impact - Approximately 50% of the world's mobile 5G traffic outside China is carried over Ericsson-powered networks, indicating a significant market presence [4] - CSPs are expected to leverage these new capabilities to monetize their 5G investments through advanced network features that support business objectives and enhance user experience [6][7] Group 3: Industry Collaboration - Major CSPs like AT&T, Optus, Telstra, and T-Mobile are collaborating with Ericsson to integrate these advanced solutions into their networks, aiming to enhance performance and operational efficiencies [6][7] - The software products will be commercially available between Q3 2024 and Q1 2025, compatible with Open RAN, Cloud RAN, and purpose-built RAN [5]