STOCKHOLM -- Ericsson (NASDAQ:ERIC) today had the official opening of the Ericsson Garage located within its R&D facility in Budapest, Hungary.
The Ericsson Garage, which is a critical hub for the 5G for Hungary program, is an incubator where all players in the eco system for the Networked Society can team up. This includes representatives from operators, academia, start-up companies and other industries as well as local communities.
5G for Hungary is part of the recently launched "5G for Europe" program, which will deliver industry pilots of 5G solutions in areas including the Internet of Things, energy and utilities, safety and security, public infrastructure and retail. It will include joint innovation and prototyping as well as demos to operators and enterprises.
Valter D'Avino, Ericsson Head of Western and Central Europe, says: “The opening of the Ericsson Garage in Budapest today will expand our 5G for Europe program and give focus to research, innovation and industrial pilots that use next-generation 5G networks as an enabler, creating value and strengthening the competitive position of European industry.”
These initiatives also support the recently launched “5G Exchange” (5GEx) collaborative innovation project co-funded by the European Commission and that is driven by the Ericsson Research team in Budapest.
5GEx aims to enable a unified European 5G infrastructure service market that integrates multiple operators and technologies.
The project focuses on supporting cross-domain service orchestration over multiple administrations or multi-domain single administrations. Orchestration will be compatible with Network Functions Virtualization and software-defined networking technologies. End-to-end network and service elements will be able to mix in multi-vendor, heterogeneous technology and resource environments.
In conjunction to the opening of the Ericsson Garage in Budapest, we will execute a Europe-wide innovation competition with the purpose to encourage the European ecosystem to create challenging and valuable applications for the Networked Society. Winners of the innovation contest will not only receive high value prizes but also the possibility to make a pitch presentation of their prototype idea in the Ericsson Garage in Budapest.
Ericsson AB (Nasdaq: ERIC)