Ericsson empowers the future of transport with Connected

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News Desk 2018

Feb 27, 2017 at 2:45 AM 14

Ericsson empowers the future of transport with Connected Vehicle Marketplace

Newest addition to Ericsson Connected Vehicle Cloud allows OEMs to grow an ecosystem of digital services around their connected vehicles
Connected Vehicle Marketplace features open APIs for telematics data, regulated data sharing, partner management, and charging & billing solutions
Scania introduces Scania One, a digital platform for both in-house services and external content for Scania customers, built on Connected Vehicle Marketplace

Ericsson (NASDAQ: ERIC) has launched the game-changing Connected Vehicle Marketplace, a white-label solution to reduce the complexities of building digital service ecosystems for connected vehicles. Original Equipment Manufacturers (OEMs), partners and motorists will now be able to drive the development of innovation and connectivity in the automotive industry.

Introducing Scania One, Scania becomes the first customer to use the new solution. Scania One is an open customer platform that gives fleet owners, drivers and fleet owners' customers, access to services that will help increase efficiency and productivity, while contributing to a reduced carbon footprint.

Building on the success of the Ericsson Connected Vehicle Cloud, the Connected Vehicle Marketplace is a controlled and secure environment for OEMs to put new digital services into the hands of their drivers. The solution is the first of its kind and will enable OEMs to fully control the inclusion of third-party digital services seamlessly and efficiently, all integrated into one digital marketplace.

Börje Ekholm, President and CEO of Ericsson, announced the new Connected Vehicle Marketplace during Ericsson's Media & Analyst briefing at Mobile World Congress in Barcelona on February 27.

Ekholm says: "Empowering innovation is crucial for Ericsson, and is an essential part of the successful future for not only the automotive industry, but also a whole host of others. We are committed to enabling the right mix of connectivity, security and ideas across all industries, and today's launch of Connected Vehicle Marketplace for the automotive industry is just one example of this."

Through the connected vehicles, Scania knows the logistical flow in the operations of fleet owners' customers, ranging from large-scale construction sites, to public transport, to long haul transport. With Scania One, the digital tools are placed in the hands of fleet owners and drivers to ensure gains in these flows are realized and waste is eliminated.

"Compared to many other industries, the transport industry is making rapid progress in digitalization. However, we cannot make this shift alone and this is a great example of the kind of partnership that moves both our industries forward," says Henrik Henriksson President and CEO, Scania. "Now we are taking some serious steps translating the partnership into real business for us with bottom line impact for our customers."

Roger Lanctot, Associate Director in Global Automotive Practice, Strategy Analytics, says: "Ericsson is in a position to deliver almost any content, service or application to any device or use case, whether it's in the home, car, or on a mobile device. With its horizontal IoT capabilities, proven today towards the connected vehicle, Ericsson now brings together all possible usage scenarios."

The number of connected vehicles is growing rapidly - both for commercial vehicles and passenger cars. Scania has announced that there are now 250,000 connected vehicles, which amounts to more than two-thirds of all vehicles it has sold the past five years. Moreover, Strategy Analytics predicts 382 million connected vehicles by 2025.

Until now, there was no way for OEMs to share data efficiently, securely and in a scalable manner with third-parties. Ericsson's Connected Vehicle Marketplace enables OEMs to create a connected ecosystem for core partners as well as innovators who want to come up with new innovative services for the automotive industry, to realize the full potential of connected vehicles.

Ericsson Connected Vehicle Cloud is powered by Ericsson's IoT solution - IoT Accelerator - bringing secure world-class mobile connectivity management and trustworthy technology partnership, with IoT E2E systems, and rapid IoT deployment and monetization capabilities.

Ericsson at Mobile World Congress 2017

Anything can happen on the digital frontier, a promising but undiscovered future. From February 27 to March 2 in Barcelona, Spain, Ericsson is demonstrating a collaborative approach and innovative solutions to succeed in this arena.

With our customers and partners, we work across industries, physical boundaries and perceived limitations. Join us in Hall 2 or online during MWC 2017 and engage in conversations and demonstrations about our favorite things: 5G; platforms and services for IT, Cloud, Networks, and TV & Media; connected solutions for industries; the Internet of Things; and partnering for success.

See you there!

NOTES TO EDITORS For media kits, backgrounders and high-resolution photos, please visit www.ericsson.com/press FOLLOW US: www.twitter.com/ericsson www.facebook.com/ericsson www.linkedin.com/company/ericsson www.youtube.com/ericsson

MORE INFORMATION AT: News Center media.relations@ericsson.com (+46 10 719 6996) investor.relations@ericsson.com (+46 10 719 00 00)

Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who provide customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on www.ericsson.com .

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