Ericsson and China Mobile have signed a Strategic Cooperation Framework Agreement to develop Internet of Things (IoT) opportunities.
The partnership will build on Ericsson’s experience in industry solutions and Device Connection Platform IoT (DCP-IoT) Connectivity Management platform, as part of the IoT Accelerator Platform. This is intended to help China Mobile expand IoT business worldwide, and to support China’s One Belt One Road initiative.
Ericsson and China Mobile will jointly build an Industry IoT Cooperation Center to plan for and develop IoT Connectivity and IoT ecosystem solutions in areas such as manufacturing, industry, health, and intelligent transportation. Built on China Mobile’s Co-Space and Ericsson Garage, the CMCC-Ericsson Garage aims to jointly hatch new cutting-edge technologies and applications.
As the move to Industry 4.0 – the greater use of automation and data exploitation - picks up pace, the partnership aims to provide government, enterprise and individual customers with richer, multilevel communication, information infrastructure and digital services while maximising the economic and social benefits.
The latest Ericsson Mobility Report predicts more than 30 billion connected devices by 2023, around 20 billion of which will be related to IoT. Connected IoT devices include connected cars, machines, meters, sensors, point-of-sale terminals, consumer electronics and wearables. Between 2017 and 2023, connected IoT devices are expected to increase at a compound annual growth rate 19 percent, driven by new use case and affordability.
Driven by the national Made-in-China and Industry 4.0 initiatives, Ericsson aims to support China Mobile in making smart manufacturing a reality, while delivering value for money customer experiences. Technology leadership, such as Ericsson’s 5G and IoT Connectivity Management, is crucial to that success.
The companies will additionally strengthen cooperation in 5G standardisation and 5G networks, and also jointly develop 5G network-enabled use cases for industries, as well as exploring business opportunities to reach the full potential of IoT.