Ericsson Expands Partnership with Google Cloud to Develop Cloud RAN Solution on Google Distributed Cloud, Terms Undisclosed
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Ericsson (NASDAQ:ERIC) is expanding its partnership with Google Cloud to develop an Ericsson Cloud RAN solution on Google Distributed Cloud (GDC). The solution offers integrated automation and orchestration and leverages AI/ML for additional CSP benefits. The solution is running live in the Ericsson Open Lab in Ottawa, Canada, with plans for market development. The partnership will enable CSPs to utilize Google Cloud Vertex AI, BigQuery and other cloud services to improve the usability of the massive data sets provided by Cloud RAN applications.
September 20, 2023 | 12:04 pm
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Ericsson's expanded partnership with Google Cloud to develop a Cloud RAN solution could potentially boost its market position and revenue.
The expanded partnership with Google Cloud allows Ericsson to leverage Google's cloud services and AI/ML capabilities to enhance its Cloud RAN solution. This could potentially attract more CSPs to use Ericsson's solution, leading to increased revenue.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Google Cloud's expanded partnership with Ericsson to develop a Cloud RAN solution could potentially increase its user base and revenue.
The expanded partnership with Ericsson allows Google Cloud to provide its cloud services and AI/ML capabilities to more CSPs through Ericsson's Cloud RAN solution. This could potentially increase Google Cloud's user base and revenue.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100