Cradlepoint, a fully owned subsidiary of Ericsson ERIC, proudly presented the E100 5G Enterprise Router. This innovative device is customized for retail and small office applications, catering to diverse needs such as video surveillance, inventory management, and IoT and point-of-sale (POS) devices. What sets this router apart is its compatibility with the latest 5G standard, featuring an integrated 5G modem for robust network connectivity. Additionally, its high scalability allows the solution to support thousands of small offices and temporary sites without the need for additional staff.
Enhanced Security and Connectivity
The E100 5G Enterprise Router boasts a secure zero-trust network architecture, replacing the need for complex VPN systems. It also features reliable and highly configurable backup systems for hybrid WAN or dual cellular locations, ensuring uninterrupted connectivity, even in unforeseen circumstances.
Retail vacancy rates across U.S. shopping centers have plummeted to their lowest level since 2007. The rise of pop-up and experimental stores as a strategy to reach potential customers has driven a need for high-performance, low-latency connectivity in small spaces. These spaces are required to meet the connectivity needs essential for large enterprise operations while adhering to security policies – a challenging feat indeed. This is where the E100 5G Enterprise Router comes into play, addressing these issues by integrating cutting-edge 5G connectivity, zero trust security, SD-WAN, and cloud management in a compact form.
Empowering IT Teams
This technological leap empowers IT teams to scale operations efficiently in distributed locations. The advanced networking features, coupled with enterprise-class security, make the router an ideal option to bolster network connectivity. This strategic move is poised to strengthen Ericsson’s position in the wireless equipment market and catalyze commercial expansion.
Ericsson’s 5G Endeavors
Amidst this technological stride, ERIC remains focused on 5G system development, firmly believing that the standardization of 5G is the linchpin for digitizing industries. With 157 live 5G networks across 66 countries, Ericsson has made substantial headway in mainstreaming 5G technology. The recent acquisition of Cradlepoint has further fortified its position in the 5G enterprise market.
As the smartphone market burgeons and the demand for high-speed, quality coverage amplifies, operators are increasingly seeking Ericsson’s expertise to expand network coverage and upgrade networks for higher speed and capacity. Indeed, the company’s prominence as the world’s largest supplier of LTE technology, with a significant market share and numerous LTE networks worldwide, speaks volumes about its prowess in the field.
The stock has seen a 2.8% gain in the past year, trailing the industry’s growth of 4.8%.
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