Ericsson India

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Geopolitics will define business decisions in the IT industry going ahead, and companies will have to turn their focus on real-time data to stay ahead of the competition, said Amitabh Ray, the managing director of Ericsson Global Services India. Ray said geopolitics can no more be overlooked by IT companies in the aftermath of the Russia-Ukraine crisis and the COVID-19 pandemic. "In the IT industry, we were very happy to keep ourselves away from politics, but now it will become an integral part of information technology, because decisions about places where we can do business and with whom will be driven by geopolitics. We have to adjust to this," he told PTI on the sidelines of a session at INFOCOM 2022, an IT event organised by the ABP Group. The senior company official said business leadership needs to be redefined in today's times, and a key aspect of that is to take into account factors like "nowcasting". "Business decisions will have to be taken on the basis of 'nowcasting',

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Ericsson on Friday said its share of sales from the India market doubled in the first half of the current year 2021 to four per cent, making the country third-highest revenue contributor for the group

Nitin Bansal, head of the company in India, says the technology is going to be critical for the country's economy.

Global giants Ericsson, Nokia and Samsung, as well as Chinese vendors Huawei and ZTE are the large players in the Indian market

Ericsson, in its Mobility Report for June 2020, said India's data traffic growth continued its upward trajectory

We are very confident about the leadership in the technology space, and that is reflected in the fact that we are providing 20 5G commercial networks in all geographies around the world, he said

Ericsson's Head South East Asia, Oceania and India, Nunzio Mirtillo said the cost of data produced in 5G network will be around 10 times cheaper than in the 4G network

Govt has also formed a high-level forum to guide the country to start 5G service by 2020

Largest opportunity will be seen in sectors like manufacturing, energy and health sectors

Company will also offer same benefits in case of adoption, if the child is less than a year old