Tag: Communications service providers

Business

Prodapt expands its Americas presence with onshore center in Puerto Rico

Jun 26, 2024 by Sujata Muguda 0 Comments #Chennai, #Communications service providers, #Ella Woger-Nieves, #Gen AI-powered solutions, #Prodapt, #Puerto Rico, #Puerto Rico center, #the largest and fastest-growing specialized company

Chennai, June 26, 2024 : Prodapt, the largest and fastest-growing specialized company focused on the Connectedness industry, has announced an onshore operations facility in Puerto Rico, aligning with a proven strategy to complement offshore strengths with onshore & nearshore capabilities to enable holistic technology services that include supporting government contracts and multilingual customer engagement.

Expanding alongside the facility in Panama, the new center will help Communications Service Providers (CSPs) accelerate transformation and leverage AI-powered managed services to make their IT/Networks agile, streamline business processes, and enhance customer experiences.

Prodapt will create 200 jobs at the Puerto Rico center in the near future, hiring people skilled in AI-powered Telecom operations, cloud computing, data analytics, and more. Prodapt chose Puerto Rico for its abundant technical talent, growing technology ecosystem, strong engineering skills, and attractive incentives for investors. Invest Puerto Rico, a public-private partnership enabling investments in Puerto Rico, facilitated Prodapt’s arrival.

“This expansion underscores the island’s potential as a hub for innovation and technological advancement. Prodapt’s presence on the island will create high-quality jobs, enhance our position as a leader in the IT and telecommunications sectors, and drive economic growth,” said Ella Woger-Nieves, Chief Executive Officer of InvestPR.

“Prodapt’s decision to expand to Puerto Rico is a testament to our island’s skilled workforce and favorable business climate. This investment will drive economic growth, create employment opportunities, and further solidify Puerto Rico’s reputation as a strategic location for global businesses,” Manuel Cidre, Secretary of the Department of Economic Development and Commerce (DEDC), Government of Puerto Rico, said.

“The Puerto Rico center offers cost-effective and mission-critical delivery operations for our CSP clients. Combining Prodapt’s Telecom-Native experience, Gen AI-powered solutions, and Puerto Rico’s skilled talent base, the new center will greatly enhance our efforts to help clients achieve their business goals,” Harsha Kumar, CEO of Prodapt, said.

News

Ericsson tops Frost Radar™ 5G network infrastructure market ranking for fourth year running

May 28, 2024 by Sujata Muguda 0 Comments #Communications service providers, #Fredrik Jejdling, #Frost Radar™ 5G network infrastructure, #Frost Radar™ 5G Network Infrastructure Market 2024, #Information & Communication Technology group, #Networks at Ericsson, #R&D strategy, #Troy Morley

For the fourth consecutive year, Ericsson has been ranked as the leader in the Frost Radar™ 5G Network Infrastructure Market 2024 analysis, highlighting the impact of the company’s strategy to meet the evolving needs of communications service providers (CSPs).

5G_Infrastructure_Ericsson

Maintaining top ranking in the Frost Radar™ report over the past years has shown that Ericsson’s investments in R&D and across a wide product portfolio – which includes all areas of 5G network infrastructure as well as previous generations of network infrastructure – is valued in a market where technology is constantly evolving.

The report has also acknowledged Ericsson’s sustained focus on offering the latest and lightest energy-saving products and solutions. It also touched on the company’s Open RAN plans.

Fredrik Jejdling, Executive Vice President and Head of Networks at Ericsson, says: “The latest Frost Radar report highlights our unwavering commitment to innovation and technology leadership through the most competitive portfolio. In a challenging market, we remain focused on our customers and move forward with even greater determination.”

Commenting on Ericsson’s top ranking, Troy Morley, Industry Principal, at Frost & Sullivan’s Information & Communication Technology group, says: “Ericsson has done an excellent job keeping its current customers and adding new customers, including significant replacement wins over competitors. Ericsson has a significant pipeline of customers that have yet to move to 5G but will over the coming years.”

Ericsson currently powers *160 live 5G networks in 68 countries, which is the highest level that Frost & Sullivan has seen publicly reported.

“Ericsson’s strategy continues to center on CSPs’ evolving needs in all areas of the world,” Morley says. “However, with its 2020 acquisition of Cradlepoint, Ericsson also is expanding its role with enterprise customers.”

The report has also discussed the importance of the open and virtual RAN movement and the belief that eventually open and virtual RAN will be the norm. “Ericsson’s step into offering Open RAN solutions in 2024 will help make this movement a reality,” Morley says. “The company plans to offer O-RAN-compliant solutions in 2024; Frost & Sullivan believes this will result in significant growth in open and virtual RAN revenue.”

Commenting further on the report, Morley says: “Energy efficiency has been a buzzword for a few years and Ericsson continues to tout solutions that are smaller and lighter and that save energy, answering its customers’ needs. This will continue with its traditional RAN solutions and accelerate with its new Open RAN offerings.”

The Frost Radar report measures growth rates in addition to absolute revenue and combines them with several other factors to measure companies’ performance along the Growth Index. The report also measures innovation for each company by assessing its product portfolio, the scalability of its innovations, the efficacy of its R&D strategy, and several other factors.

The latest report from business consulting firm Frost & Sullivan reaffirms Ericsson’s leadership in the 5G network infrastructure market, which spans radio access networks (RAN), transport networks, and core networks.