WASHINGTON, United States, April 1, 2019 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and ABB, the technology leader focused on digital industries, have strengthened their collaboration to accelerate the industrial ecosystem for flexible wireless automation. The partnership will enable enhanced connected services, Industrial IoT and artificial intelligence technologies in the future.
The partners established their joint vision for future flexible production with automation and wireless communication by signing a Memorandum of Understanding (MoU) at Hannover Messe 2019. This comes in the era of Industry 4.0 and 5G, as businesses realize the benefits of increased productivity through automation and digitalization.
The MoU confirms the partners' agreement to: continue their strong research collaboration, explore improvements in manufacturing processes and automation, and discover new business opportunities for the industrial ecosystem.
Ulrich Spiesshofer, CEO, ABB, says: "We are very excited to extend our partnership with Ericsson as the world moves closer to the era of 5G technology. ABB's leadership in digital industries combined with Ericsson's pioneering work in connectivity will open up new opportunities for customers to enhance productivity and competitiveness by digitalizing their businesses."
Börje Ekholm, President and CEO, Ericsson, says: "Ericsson and ABB already have a strong collaboration in research for 5G and Industrial IoT technologies. With this MoU, we strengthen our partnership to accelerate the industrial ecosystem and realize the full potential of flexible automation, unlocking new business opportunities enabled by combining 5G and Industry 4.0."
The two partners are already fast-tracking the introduction of a new generation of intelligent factory technologies, with Ericsson deploying an intelligent automation system at its manufacturing facilities in Tallinn, Estonia. ABB is providing a fully automated flexible robot cell solution for the final assembly of 5G radios.
At Hannover Messe 2019, Ericsson and ABB are showcasing how they are enabling the "Factory of the Future" by exhibiting their latest and most innovative technologies in flexible robotics, wireless technologies, 5G, Industrial IoT and motion control.
NOTES TO EDITORS:
Read more about the partnership between Ericsson and ABB here
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency 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 New York. www.ericsson.com
ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in power grids, electrification products, industrial automation and robotics and motion, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner in ABB Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 147,000 employees. www.abb.com
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Börje Ekholm President and CEO Ericsson and Ulrich Spiesshofer CEO ABB at the MoU signing 1 April 2019 1