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Ericsson Connected Vehicle Cloud wins 2014 Mobile Innovation Award

Ericsson Connected Vehicle Cloud recognized for its innovative use of Machine to Machine (M2M) technology that incorporates mobile communications. Solution delivers improved quality of experience, creates new business opportunities for automotive ecosystem stakeholders. Powers new connections between cloud-based services, vehicles and drivers.

Ericsson (NASDAQ:ERIC) today announced that Ericsson Connected Vehicle Cloud has been awarded the most innovative use of M2M technology that incorporates mobile communications, at the 2014 Mobile Innovation Awards. The awards are to recognize new developments and achievements in the fast moving European, Middle East and African (EMEA) mobile solutions sector.

Ericsson Connected Vehicle Cloud targets the global automotive industry’s demands for scalability, security and flexibility in the provisioning of connected car services to reach cars and drivers in new ways. Drivers and passengers can now detect vehicle repair issues, automatically book service appointments, subscribe to in-vehicle Wi-Fi and gain on-demand infotainment.

Ericsson Connected Vehicle Cloud builds on today’s telecom network capabilities and delivers dramatically improved quality of experience, creating new business opportunities for the automotive ecosystem and new M2M revenue streams for operators. M2M applications are also a key focus of emerging 5G technologies, expected to be implemented in commercial networks in 2020.

Magnus Lundgren, Head of Connected Vehicle Cloud, Ericsson says "As communication changes the way we live and work, Ericsson is playing a key role in this evolution. The automotive industry is an increasingly global business, and connecting vehicles demands a new, profitable and innovative business model that will leverage the potential of the automotive ecosystem with other connected industries. Ericsson’s Connected Vehicle Cloud is the single point of connection for vehicles in this evolving eco-system."

Part of Ericsson’s Transport and Automotive offerings, Connected Vehicle Cloud is based on the Ericsson Service Enablement Platform and targets the global automotive industry´s existing and future demands for scalability, security and flexibility in the provisioning of connected car services to drivers and passengers.

Ericsson employs more than 16,000 consultants and systems integrators who are available to integrate Connected Vehicle Cloud for customers. These service professionals ensure Connected Vehicle Cloud is in synch with existing transport infrastructure, vehicle fleets and the needs of vehicle occupants.

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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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