Ericsson (NASDAQ: ERIC) announced yesterday that it is launching a commercial partnership with Deutsche Telekom to offer communication and network APIs to developers and enterprises. The move is designed to allow developers and enterprises to integrate network features into their applications which will accelerate enterprise digitalization and create new ways for operators to monetize their network investments.
Telecom consultancy and research firm STL Partners predicts that the revenue opportunity created by mobile network APIs will grow to over $20 billion by 2028, which is directly addressable by Ericsson’s platform business.
In addition, Ericsson estimates vastly higher revenue opportunities for operators to be realized through new use-cases based on network APIs fueling investments in mobile infrastructure to meet a growing demand for advanced network capabilities.
Börje Ekholm, President and CEO of Ericsson, comments: “Wireless networks have been key in digitalizing consumers. With the capabilities of 5G, enterprises can now leverage mobility as well to transform their businesses. Through network APIs, developers and enterprises get easy access to the advanced capabilities of the network to develop entirely new use cases. By creating a global platform business, Ericsson is redefining the industry and creating new ways to innovate through the network.”
Tim Höttges, CEO of Deutsche Telekom, said his company is proud to be among the first network operators to make its network APIs available commercially. “Our network is the very foundation of our company. By opening it up, we are creating new ways for customers and developers to generate value for their business. APIs are a key strategic focus for Deutsche Telekom, underlined by our key role in the foundation of the CAMARA alliance, which aims to make standardized APIs available internationally.”
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