Ericsson and Inspur Group, the leading supplier of data center equipment in China, signed a Memorandum of Understanding (MoU).
In cloud infrastructure, Ericsson and Inspur will test and verify the compatibility and/or performance of selected Ericsson software solutions related to areas such as Network Functions Virtualization (NFV), IoT, OSS/BSS and cloud on Inspur’s hardware platform, and evaluate joint proof-of-concept (PoC) opportunities.
The two companies will align standardization and participation in open forums such as ODCC and OPNFV, as well as explore possibilities for joint PoCs in areas such as 5G core networks, NFV, and management and orchestration (MANO) with operators and enterprise customers.
In TV and media, the cooperation aims to launch a solution that enables the next generation of media cloud, and will start by integrating Ericsson’s MediaFirst cloud TV platform with Inspur’s cloud portfolio. Inspur has agreed to customize its set-top box and other terminals to meet the requirements of Ericsson and its strategic customers.
The MoU builds upon the existing cooperation between the two parties, which dates back to 2002, when Ericsson and Inspur established a joint venture to develop radio technology and products. With this new agreement, the two companies will expand their collaboration into cloud infrastructure, TV and media, and the Internet of Things (IoT).
“Through our partnership, Ericsson and Inspur have the ambition to bring advanced technologies and services developed to operators, enterprises and industries around the world. I am excited about taking this next step in our collaboration with Inspur, starting in China but also looking beyond,” stated Hans Vestberg, President and CEO, Ericsson.
http://www.ericsson.com
Cisco Forms $100 Million Joint Venture with China's Inspur
Cisco and Inspur (浪潮), a leader server and super computing company based in China, agreed to set up a joint-venture in China to sell networking technologies and products, build world-class information technologies and solutions, and deliver other advanced technologies and services in areas including IT infrastructure, cloud, data center, smart cities, and big data.
The companies will invest an initial US$100 million in the joint venture.
The announcement comes during President Xi Jingping's first state visit to the United States.
Earlier this year, Cisco said it would invest US$10 billion in China to support local innovation and the country's ongoing technology transformation.
In a blog post, Cisco'c CEO Chuck Robbins writes "I’m optimistic that working with Inspur will add to the recent momentum that we’ve seen in our business in China. Today, China represents approximately 3% of our business, and being the world’s second largest economy, we see the potential to increase this considerably over time. Our fiscal Q4 results in China were more encouraging than any quarter over the past two years. During my June visit, we had incredibly constructive discussions with customers and key ministries that were focused on our ability to deliver customer solutions that only our unique partnership capabilities can bring."
http://blogs.cisco.com/news/cisco-and-china-a-long-term-view
The companies will invest an initial US$100 million in the joint venture.
The announcement comes during President Xi Jingping's first state visit to the United States.
Earlier this year, Cisco said it would invest US$10 billion in China to support local innovation and the country's ongoing technology transformation.
In a blog post, Cisco'c CEO Chuck Robbins writes "I’m optimistic that working with Inspur will add to the recent momentum that we’ve seen in our business in China. Today, China represents approximately 3% of our business, and being the world’s second largest economy, we see the potential to increase this considerably over time. Our fiscal Q4 results in China were more encouraging than any quarter over the past two years. During my June visit, we had incredibly constructive discussions with customers and key ministries that were focused on our ability to deliver customer solutions that only our unique partnership capabilities can bring."
http://blogs.cisco.com/news/cisco-and-china-a-long-term-view
Cisco + Ericsson Partnership Covers Architecture, Sales, Services
Ericsson and Cisco announced a broad strategic partnership focused on Service Providers, enterprise networking and the Internet of Things (IoT) ecosystem.
The companies see an incremental revenue opportunity of $1 billion or more expected for each company by calendar year 2018. For its part, Ericsson said the extended addressable market is primarily in professional services, software and resell of Cisco products. Ericsson also expects the partnership to generate full-year effect from synergies, primarily in expenses of SEK 1 billion in 2018.
The alliance will include commitments to network transformation through reference architectures and joint development, systems-based management and control, a broad reseller agreement, and collaboration in key emerging market segments. The parties have also agreed to discuss FRAND policies and enter a licensing agreement for their respective patent portfolios. Together, Ericsson and Cisco hold over 56,000 patents and invest $11 billion annually in R&D. The companies will begin working on a joint initiative focused on SDN/NFV and network management and control.
The companies see an incremental revenue opportunity of $1 billion or more expected for each company by calendar year 2018. For its part, Ericsson said the extended addressable market is primarily in professional services, software and resell of Cisco products. Ericsson also expects the partnership to generate full-year effect from synergies, primarily in expenses of SEK 1 billion in 2018.
The alliance will include commitments to network transformation through reference architectures and joint development, systems-based management and control, a broad reseller agreement, and collaboration in key emerging market segments. The parties have also agreed to discuss FRAND policies and enter a licensing agreement for their respective patent portfolios. Together, Ericsson and Cisco hold over 56,000 patents and invest $11 billion annually in R&D. The companies will begin working on a joint initiative focused on SDN/NFV and network management and control.
