Ericsson has signed an agreement with SK Telecom sister company SK Holdings C&C to establish a global collaborative ICT ecosystem covering applications including the IoT.
Under the deal, Ericsson and SK C&C will collaborate in a range of areas including IoT platforms, emerging ICT services and convergence security products.
The two companies will jointly develop IoT platforms tailored for industry sectors including health and transportation. The partnership will seek to leverage Ericsson's experience in providing IoT systems such as Volvo Cars' Connected Vehicle Cloud.
The agreement also covers exploring opportunities for ICT services in applications including global disaster recovery and IoT authentication.
“Our IoT platform has opened up great opportunities for businesses across industries. We look forward to working together with SK Holdings C&C to build a strong ICT ecosystem to realize and capture the benefits of the Networked Society,” Ericsson CEO Hans Vestberg commented.
SK C&C is a total IT services provider and the holding company of the SK Group conglomerate, parent company of incumbent South Korean operator SK Telecom.