Ericsson (NASDAQ: ERIC) and Panasonic Corporation of North America are collaborating to bring a new energy-as-a-service (EaaS) solution to market, the company said.
This is the first time that the two companies will work together on smart sustainable energy solutions.
The offering will provide an efficient way to intelligently measure, monitor and maintain energy infrastructure for mobile operators and tower companies by using big data-based analytics, energy management software, and lithium ion battery energy storage.
The two companies´ solution minimizes the energy costs and other resources required to manage sites. For mobile operators, enterprises and governments, this solution will deliver a reduced total cost of ownership for energy equipment by up to 20 percent, primarily driven by longer battery life and fewer maintenance site visits resulting in the highest level of network availability.
With this as-a-service model up-front investment is not needed and this is an example of how the circular economy opens up for reduced environmental impact through longer product life, replacement of lead in batteries and reduced need for transport.
With its deep expertise in network management and connectivity, Ericsson will be responsible for products and services driven via its Integrated Operations Center, focusing initially on its managed services customers. Panasonic with its deep expertise in energy assets and management will be responsible for the energy architecture and solution orchestration backing up the service.