Ericsson to Build Global ICT Centers
STOCKHOLM -- Ericsson (NASDAQ:ERIC) is planning to invest approximately SEK 7 billion in the coming five years to build three global ICT Centers. Two will be located in Sweden, in Stockholm and Linköping, while the third one, in North America, will be located in Canada, in Montreal, Quebec.
The centers will be located close to Ericsson's main R&D hubs and will be the new platform for more than 24,000 Ericsson R&D engineers around the world, supporting their lean and agile ways of working. Team of experts will be able to collaborate beyond borders more easily and efficiently.
Ericsson's customers will also be able to connect remotely for interoperability testing, trials and will have early access to innovation on new business services in real-time from the comfort of their locations.
The three ICT Centers combined will be up to 120,000 square meters, approximately the size of 14 football fields. The new centers will house the company's complete portfolio, enabling the R&D organization to develop and verify solutions, creating the foundation for the next generation technology and cloud-based services.
Ericsson AB (Nasdaq: ERIC)