5G: Developing the speed of innovation
Technological breakthroughs require a commitment to fair licensing, strong patents, and ROI
Embedded in Ericsson’s “Quest for Easy” is a commitment to allowing everybody to access the benefits of new advances in technology in real time.
With Internet of Things (IoT), 5G connectivity and automation, a future of possibilities is right at our doorstep, and as these technologies become more embedded into our everyday lives, businesses and consumers have the opportunity to access a world of new breakthroughs. We’re already connecting operating rooms across oceans, decreasing automobile accidents, making online retail truly immersive with virtual reality and AI-based assistants, and reducing waste utilizing more efficient communication.
The potential benefit to society and value to businesses that 5G technology can — and will — bring to the table is, indeed, endless.
The IoT and 5G technology to bring about this new future already exists, because our commitment to R&D has ensured the unlocking of these new technologies for decades. We’ve contributed to countless new discoveries and standards that have aided in connecting people and societies all over the world.
“4G’s the workhorse now and will be for many years to come, and it’s continuously upgraded with capabilities that, for example, bring down latency, enhance capacity, and so on — those are things that are coming into the platform,” Erik Ekudden, Ericsson Group CTO recently said during our CTO panel at Mobile World Congress 2018. “There is a roadmap here, a smooth migration from 4G to 5G, so some of these more advanced ecosystem business opportunities will come as a natural consequence: working with IoT opportunities, I think that would be fantastic because then we can show some of these use cases becoming business cases.”
Imagining the possibilities that result from new innovations is exciting, but Ericsson knows that realizing potential business value and societal benefits from technological breakthroughs will require a commitment to making this technology accessible. That’s why consensus-based standards and fair patent licensing must be prioritized.
A future driven by IoT, 5G wireless technology, and automation is no longer a question. It’s not a matter of if these technologies will transform our society, but when. We’d rather it be sooner than later and that’s why we’re committed to ensuring access to our technologies. Strong patents, fair licensing, and ROI in R&D fosters, not hinders, a global culture of innovation.
We hope you’ll join us on the Quest for Easy.