Ericsson receives coveted "Most Innovative Technology Provider" award. Ericsson Service Innovation Framework recognized as "Most Innovative Product In Support Systems". Ericsson Cloud Manager wins for "Innovation in Cloud and Virtualization"

Ericsson (NASDAQ:ERIC) today announced that it won three awards at the Pipeline 2014 Innovation Awards gala held on June 2 in Nice, France. The company was recognized as "Most Innovative Technology Provider" for its innovations in communications and entertainment technology solutions. Ericsson was named "Most Innovative Product In Support Systems" and Ericsson won the award for "Innovation in Cloud and Virtualization." The award trophies are presented annually by Pipeline Magazine and chosen by key executives from top service providers, influential industry analysts and the magazine’s editors.

Ericsson works closely with its operator customers globally to ensure that their OSS and BSS platforms are flexible enough to help them advance in a competitive marketplace. The company’s deep expertise drives personalized and compelling customer experiences, rapid deployment of innovative new services and business models, and greater operating efficiency.

"Ericsson is honored to be recognized across several important award categories by Pipeline Magazine, especially given how strongly we promote technology innovation both internally and externally," said Elisabetta Romano, Vice President and Head of OSS and Service Enablement, Business Unit Support Solutions. "Ericsson’s experience and expertise is drawn from a broad range of many consulting and systems integration engagements and, together with our industry-leading OSS/BSS portfolio, is helping to drive continued innovation that truly enables the agile operator."

In order to facilitate quick and effective service creation, operators require a collaborative ecosystem of partners, suppliers, and application developers. Quickly rolling out new, personalized digital services not only retains customers, it increases revenues. The Ericsson Service Innovation Framework provides an open platform for the operator and its partners to address the needs of customers with faster time to market and reduced lifecycle costs.

Operators are also moving faster and increasing efficiencies by leveraging the cloud and using distributed network resources to better deliver and operate high-quality services at lower costs. Ericsson Cloud Manager plays a key supporting role, enabling operators to automatically change the makeup of the network to support the more dynamic lifecycle and transient nature of newer services. As a result, cloud resources can be spread throughout the network to help improve both internal operations and service quality. Ericsson Cloud Manager is both a stand-alone solution and part of the Ericsson Cloud System that additionally encompasses network applications, the Ericsson Cloud Execution Environment, and Ericsson and third-party hardware.

Operators must become agile as they support services across networks, offer a range of plans and push the limits of innovation. Ericsson helps customers meet changing demands with a comprehensive, unified OSS and BSS product suite that combines business, IT and network capabilities. A team of more than 61,000 service professionals supports these offerings across consulting and systems integration, managed services and product-related services, such as network rollout, customer support and broadcast services. Ericsson’s market leadership is underscored by the company’s breakthrough work with customers to improve the subscriber experience, capture new revenues and boost business efficiencies. As a result, Ericsson remains positioned for ongoing success, driven by the continually surging demand for data services.

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Ericsson is the driving force behind the Networked Society – a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, businesses and societies to fulfil their potential and create a more sustainable future.

Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.

With more than 110,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world’s mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions – and our customers – stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

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