Ericsson has set up Global Artificial Intelligence Accelerators in US and Sweden apart from India this year. Ericsson's GAIA in Bengaluru will help create 150 new jobs for data scientists, engineers, ML/AI architects, and software developers in 2019. "The setting up of Global AI Accelerator in India is testament to Ericsson's long-term commitment to India, to the rich talent pool as well as the vibrant ecosystem available in the country. GAIA has been set up as a central unit to be able to accelerate projects across Ericsson's portfolio across the 4 Business Areas as well as customer projects across the 5 Market Areas." states Sanjeev Tyagi, Head of Ericsson R&D Bengaluru.
In Ericsson, several projects are already underway to bring in AI and Automation capabilities to the Company's product portfolio across Business Areas. The promising, game-changing results demonstrated so far are indicative of the tremendous potential that intelligent leveraging of data can bring to a domain like telecom. "With the advent of 5G and IoT, we expect to see an explosion in the number of potential ways in which we will use the networks of the future. The traditional methods of managing and running networks will no longer scale. AI/ML driven automation will be a necessity to manage these networks. These data-centric technologies also open up the potential to tap new revenue generating opportunities and business models for telecom service providers", states Sanjeev Tyagi.
The Company intends to explore partnerships with telecom service providers, industry stakeholders, startups and academia to bolster innovation. With GAIA Bengaluru, the Company's endeavor is to spur innovations that are easy to use, adapt and scale, enabling its customers to capture the full value of connectivity.
Globally, Ericsson will employ over 300 data scientists, data engineers, ML/AI architects, and software developers across its Global AI accelerators.
Ericsson enables communications service providers to capture the full value of connectivity. The company portfolio across Networks, Digital Services, Managed Services and Emerging Business is geared to make our customers more efficient, go digital, and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. www.ericsson.com