Ericsson and Pacific Controls have signed a Memorandum of Understanding (MoU) to jointly develop ICT enabled smart solutions for vertical industry sectors. With the combined efforts and experience of both companies, Ericsson and Pacific Controls will enable customers to offer smarter services and products to their end-users.
The agreement calls forEricssonand Pacific Controls to jointly cater to the business needs of sectors such Energy, Utilities and certain areas of Government. WithEricssonas the global leading provider of telecommunication technology and services and its consulting and systems integration capabilities combined with Pacific Controls’ expertise in the fields of energy management, remote monitoring, controlling and M2M (Machine-to-Machine) applications, customers will be able to cut their costs, increase their revenues and enhance their overall productivity.
In addition to adding value to customers’ business and introducing initiatives to provide optimum benefits to end-users, the one year agreement is also in line withEricsson’s 50 Billion Connected Devices by 2020 vision.
Anders Lindblad, President,EricssonRegion Middle East and North East Africa, said: “Offering customised solutions to enhance our customers’ business needs is one ofEricsson’s main objectives. This collaboration will enhance our customers’ productivity and reduce operational costs, and enrich the lives of their end users.”