Published on: 27th Aug 2015
Ericsson and SK Holdings C&C, headquartered in Seoul, South Korea, have signed a memorandum of understanding (MoU) to develop a global collaborative ICT ecosystem.
Under the terms of the MoU, Ericsson and SK Holdings C&C will jointly develop specialized IoT platforms for industry sectors including health care and transportation.
In addition, the two companies will explore opportunities relating to emerging ICT services such as global disaster recovery and IoT authentication in the Asia Pacific area. A joint task force will be formed to develop business strategies that build on Ericsson’s industry-leading network capabilities. Currently, 40 percent of global mobile traffic is carried by Ericsson networks.
The MoU also covers collaboration in the field of convergence security solutions, which are increasingly critical components in industry-grade IoT ecosystems. Ericsson will combine its network security technology with the data security capabilities of SK Holdings C&C’s Infosec unit and pursue broad cooperation in areas including convergence security services for global customers.
SK Holdings C&C is a South Korean total IT services provider that was established in 1991.