Published: Friday, May 10, 2013

Ericsson discusses ‘networked society’

Gary Dewing

Gary Dewing

Ericsson recently held an interactive session on ‘Networked Society and its relevance in Bangladesh’.
At the meet Gary Dewing, managing director of Ericsson in Bangladesh discussed the latest trends, industry updates and the ‘Networked Society’ phenomenon.
The Networked Society is Ericsson’s vision of the future.
Dewing said it goes beyond 50 billion connected devices and is the result of how people start using those connections to make their lives and businesses better and more efficient.
Ericsson enables this with ideas and solutions using products and services, and partnerships.
An Ericsson study reveals that it took 100 years to connect one billion places and it took 25 years to connect five billion people; according to Ericsson’s prediction, less than 10 years to connect fifty billion devices.
He said the study further shows that subscriptions for mobile PCs and tablets are expected to grow from 250 million in 2012 to 850 million by 2018.  By that time there will also be 9.3 billion mobile subscriptions, which is more subscriptions that people on the planet.
By 2018 there will be 3.3 billion smartphone subscriptions, 6.5 billion mobile broadband subscriptions, and more than 9 billion mobile subscriptions altogether.
Ericsson believes that ICT will be the fundamental enabler of transformation and progress.
Already today empowered individuals and communities are the drivers of fundamental change.
Those who understand the Networked Society and its requirements and have the ability to rethink, reinvent and innovate, will be able to seize the opportunity in this value-creating ecosystem.
A strong societal impact also is within the reach. He said the study shows that 1000 broadband connections = 80 new net jobs; 10 percent MBB penetration = 1% sustainable GDP added, and doubling of broadband speed gives 0.3% increase of GDP growth
The automotive industry is another example of where connectivity is spawning new business models.
Volvo Car Group has announced that it will use Ericsson’s Connected Vehicle Cloud to allow drivers, passengers and the car to connect to information, navigation, and entertainment services available in the cloud.
“There is also strong evidence to support a positive correlation between ICT and social and economic development. We see that connectivity has the potential to bring significant progress to millions of people around the world,” Dewing said.