Monday, March 29, 2010

Ericsson CEO: The Mobile Internet is Underhyped

  
" .. At the end of 2009 there were more than 4.6 billion wireless subscriptions (some people have more than one mobile service) and Ericsson forecasts that number to grow to more than 6 billion in 2015 ... But consumers are just part of the growth trajectory for wireless data, according to [CEO Hans] Vestberg. "Our vision is that by 2020 we will have 50 billion connected devices," he declares. He envisions a world in which billions of machines – from pacemakers to cash registers to electricity meters – are outfitted with radios that allow the gadgets to send a steady stream of information to computers."

According to the authoer, FORTUNE's assistant managing editor Stephanie N. Mehta - "For Ericsson a big opportunity lies not only in selling wireless gear to increase the capacity of wireless networks, but in managing and optimizing the wireless links between machines and the transmission over wireless networks to big computing centers that will crunch all that data "

And I'd add - not only for Ericsson !!

Ericsson CEO: The mobile Internet is underhyped - here

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