MillenniumPost
Business

Ericsson signs pact with SAP to sell business software

European telecom equipment maker Ericsson on Tuesday said it has signed an agreement with SAP AG to jointly market and sell cloud-based, machine-to-machine (M2M) solutions and services to enterprises through operators around the globe.

The solutions will be based on a combined software- as-a-service (SaaS) offering from Ericsson and SAP within M2M.'The global M2M service revenue is estimated to reach more than $200 billion by 2017. This partnership gives us a chance to unlock some of that potential,' Ericsson President and CEO Hans Vestberg told reporters during the Mobile World Congress here.
Next Story
Share it