2013-09-05 09:44NEWS

$1 billion R&D investment by Ericsson: Stockholm gets new global ICT center


Ericsson is building three global R&D ICT Centers to boost innovations. Two are located in Sweden, Stockholm and Linköping respectively, and one is located in Montreal, Canada. Ericsson also invests in a new hardware design building in Stockholm. 

The centers, which combined will be up to the size of 14 football fields, will support R&D and services in order to bring innovations to market more quickly. They will feature the company's complete portfolio, enabling the R&D organization to develop and verify solutions, creating the foundation for the next generation technology and cloud-based services.

“The new ICT Centers are examples of Ericsson’s passion for driving the development of the industry. Great ideas come from collaboration, and at these centers we will push the boundaries of possibility on next generation technology and services.” said Hans Vestberg, President and CEO, Ericsson.

In addition, the new hardware design building in Stockholm will provide similar benefits as the global ICT Centers in use of equipment. It will enable R&D hardware design activities in Stockholm to consolidate into one modern creative environment.

They centers will be constructed in a leading-edge design, built in a modular and scalable way, securing an efficient use of resources and space adaptable to the business needs.

Ericsson estimates that the combination of architecture, design and locations will reduce energy consumption up to 40 percent.

 The two ICT Centers in Sweden will begin initial operations from end of 2013 and from end of 2014 respectively and the North American center from early 2015.

About Invest Stockholm

Invest Stockholm is the official investment promotion agency of Stockholm. We work with the marketing and development of the Stockholm region as a business destination under the brand Stockholm – The Capital of Scandinavia. Invest Stockholm is a subsidiary of Stockholm Business Region, owned by the city of Stockholm. www.investstockholm.com www.visitstockholm.com www.stockholmbusinessregion.com


Anna Gissler
CEO, Invest Stockholm
Anna Gissler