May 20, 2015
Volvo Bus Latin America and Ericsson (NASDAQ: ERIC) have signed a partnership agreement for localization and customization of Volvo's ITS4Mobility intelligent transport system in order to address the needs of the Latin American market. The real-time traffic management and passenger information system increases the efficiency of urban transportation systems, thereby contributing to enhanced mobility.
Luis Carlos Pimenta, President of Volvo Bus Latin America, says: "Ericsson is contributing its expertise to develop one of our leading-edge technologies and enhance an existing Volvo product. Together, we will improve urban mobility in cities."
Ericsson will be responsible for development, implementation, support and maintenance of the traffic management and passenger information system - which will be offered commercially by both companies in Latin America. The solution will be developed by Ericsson research and development professionals at the Ericsson Innovation Center located in the city of Indaiatuba, Brazil.
Sergio Quiroga, President of Ericsson Latin America, says: "This partnership is evidence of the transformation that is making so many aspects of daily life easier as we move into the Networked Society. Both transport operators and their users will receive benefits from the increased deployment of technology and, together with Volvo Bus Latin America, we are enabling this."
The customization of the system will, in addition to addressing the needs of cities in Latin America, ensure more agility in supporting transport fleet operators and public administration agencies.
The traffic management and passenger information system is a tool that helps fleet operators to deploy existing resources in a manner that makes urban transportation systems more efficient. Benefits include improved mobility, increased operational productivity and passenger satisfaction.
Bus operators will be able to track their fleet in real time - gaining access to information about travel time, punctuality, and number of buses on each route. This information will enable the bus operators to distribute their vehicles in an optimal manner to address changing passenger flows.
Passengers will also have access to real-time information about bus arrival times. This information will be available via the internet, smartphone applications, text messaging or call centers. Information of this nature will allow passengers to better plan their trips so as to avoid delays and long waiting times.
By combining Volvo's global leadership in sustainable transport and traffic safety with Ericsson's consulting, systems integration and managed services expertise, the companies are able to develop intelligent transport systems that enhance the efficiency, safety and environmental credentials of the transport sector.
NOTES TO EDITORS
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Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecom operator in the world allow people, business and society to fulfill their potential and create a more sustainable future.
Our services, software and infrastructure - especially in mobility, broadband and the cloud - are enabling the telecom industry and other sectors to do better business, increase efficiency, improve the user experience and capture new opportunities.
With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty percent of the world's mobile traffic is carried over Ericsson networks. And our investments in research and development ensure that our solutions - and our customers - stay in front.
Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2014 were SEK 228.0 billion (USD 33.1 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.
About Volvo Group Latin America
The Volvo Group Latin America is one of the most important in the continent's transport segment. A subsidiary of the Volvo Group, headquartered in Gothenburg, Sweden, it is one of the world's largest industrial groups. Manufacturer of trucks, bus chassis and construction equipment, its Latin American headquarters are located in the city of Curitiba, in the state of Paraná, and are accountable for all the brand's business on the continent.
Volvo began manufacturing commercial vehicles in Brazil in 1980. The brand currently has 2 manufacturing plants in the country, one in Curitiba and another in Pederneiras, interior of São Paulo. The vehicles and machines produced in Brazil feature the same technology and quality as those manufactured in Europe. The products are marketed in Brazil and exported to all of Latin America.
Safety, together with quality and respect for the environment, is one of the Volvo core values and is present in the company's DNA. The brand's vehicles are considered the safest in the world.
The company is considered the best to work in the automotive sector and was considered the best to work in Brazil in 2008 and 2011 by the poll carried out by the Você SA magazine. Volvo has also been awarded twice, in 2009 and 2012, the National Quality Award, considered the country's highest recognition for excellence in management for companies established in Brazil.
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
Volvo Bus Latin America Grupo Volvo América Latina
Milena Miziara, Press Office - Corporate Communications
Phone: +55 41 3317 4255