Ericsson recently outlined their new growth plan going forward. It centers around the evolution of “Cellular IoT.” It’s a four-point strategy and they hope it will create new capabilities with their 4G and 5G networks, as well as help them tap growth opportunities from industry digitalization.
As a wireless analyst, I see Cellular IoT as one of many important key trends in mobile. This is what Ericsson also sees and it will be interesting to watch how they use it to grow themselves – and how that will impact the industry going forward.
What is Cellular IoT?
Cellular IoT is a technology that connects things to the Internet over wireless networks and smartphones. As 5G comes to reality, Cellular IoT will be increasingly important going forward for networks, industries and companies, not just in wireless but other industries as well.