Swedish networking and telecom major Ericsson on last Thursday said that it had come up with opened and a global Artificial Intelligence accelerator in the tech hub for the development and research on the Automation and AI.
“The new facility will accelerate our execution strategy by leveraging AI and Automation technologies to create data-driven, intelligent and robust systems for automation, evolution, and growth,” said the company in a statement here.
The Bangalore facility will create a 150 job for engineers, data scientist, AI, Machine Learning and Architects and software developers in the year 2019.
“The accelerator in Bengaluru is a testament to our commitment to India, the rich talent pool and the vibrant ecosystem in the country,” said Ericsson R&D Bengaluru head Sanjeev Tyagi.
The facility has been set up as a central unit to speed up the projects in the company four business areas and customer projects in the five market areas.
Many of the projects are underway to bring the Automation and AI capabilities to the company products in business areas. The results as of now are demonstrated the potential that intelligent uses of data can bring up in the telecom industry.
“With the advent of 5G and IoT (Internet of Things), we foresee a huge potential way in which networks will be used, as traditional methods of managing and running networks will no longer scale,” said Tyagi on occasion.
As the ML/Ai driven automation will going to be needed to manage networks, the centric technologies open up the potential to click new revenue-generating opportunities and business models for the telecom services providers.
The company will also explore some of the new partnerships with the service providers, startups, academia to bolster innovation and industry stakeholders.