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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Telstra Corporation Limited    TLS   AU000000TLS2

TELSTRA CORPORATION LIMITED

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Telstra : Ericsson and Telstra collaborate on edge cloud for enterprises

11/10/2020 | 05:46am EST

Following a successful 5G edge computing trial with an Australian financial institution in 2019, Ericsson and Telstra are now developing an enterprise solution with an extension into the hybrid cloud space.

This collaboration will serve as a catalyst for further innovation, unlocking new potential enterprise use cases in sectors such as agriculture, industrial IoT, enterprise branch services and smart cities.

Ericsson (NASDAQ: ERIC) and Telstra have announced they will collaborate to develop an enterprise edge cloud solution developed specifically for the Telstra domain. This collaboration builds on the 2019 announcement between Ericsson, Telstra and an Australian financial institution, to trial 5G edge computing technologies for the financial services sector.

This new partnership will help drive innovation across industries by developing solutions to enable seamless orchestration, network exposure and service assurance. These capabilities will help make consumption-based interfaces between cloud providers and the Telstra network possible. With agile, enterprise-tuned network services across its network, Telstra will be able to promote enhanced services for enterprise customers.

The new enterprise edge cloud solution is expected to be delivered within months and will act as a catalyst for the development of a reusable and open framework. With this solution, the Telstra network will be able to cater to unique customer needs, where network services can be offered either on the edge or on-premise.

Emilio Romeo, Head of Ericsson Australia and New Zealand, says: 'With this extended partnership with Telstra into enterprise edge cloud, we continue to push the boundaries of technological innovation, bringing the benefits of 5G and edge to enterprises, whilst supporting Telstra to create new services across its network.'

Nikos Katinakis, Telstra Group Executive Networks & IT says: 'We're pleased to be working with Ericsson to develop this enterprise edge cloud solution. This is a natural progression from last year's trial around 5G edge computing and will serve as a framework for us to bring the benefits of 5G to the hands of Australians. It also paves the way for future use cases into other industries, such as agriculture and manufacturing. As the 5G rollout continues across Australia, harnessing edge computing will enable us to tap into the potential of 5G technology, ensuring that Australia and our customers remain at the cutting edge of mobile technology.'

Ericsson and Telstra will continue to explore solutions for various industries over the coming months. These industries will benefit from repeatable design and orchestration of edge computing's foundational capabilities for use cases with high requirements on scalability, security, availability, low latency and bandwidth.

New potential enterprise use cases for agriculture, industrial IoT, enterprise branch connectivity services and smart cities, will unlock the potential of innovation by bringing new services to their customers.

NOTES TO EDITORS:

Dynamic Orchestration

Edge Computing

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About Ericsson

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

(C) 2020 Electronic News Publishing, source ENP Newswire

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ChangeLast1st jan.
ERICSSON AB 0.36% 99.06 Delayed Quote.1.45%
TELSTRA CORPORATION LIMITED 0.97% 3.12 End-of-day quote.4.70%
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NameTitle
Andrew Richard Penn Chief Executive Officer, Executive Director & MD
John Patrick Mullen Chairman
Vicki Maree Brady Chief Financial Officer & Head-Strategy & Finance
Hakan Ericsson Chief Technology Officer
Nikos Katinakis Group Executive-Networks & Information Technology
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