Episode 56: How Ericsson plans to remake its business for a networked era

After a beating on the stock market last week, I spoke with Ericsson’s CEO Hans Vestberg to understand how the company’s 5-year-old plan to change its business is going. The company has just announced a restructuring as it tried to convince Wall Street that it was making progress, so Vestberg discussed that, the role of the internet of things in its new business, and how he defines 5G. Ericsson saw the shifts in its business from the internet of things almost a decade ago, and is working hard to adapt the 140-year-old business.

Hans Vestberg, CEO of Ericsson. Image courtesy of Ericsson.
Hans Vestberg, CEO of Ericsson. Image courtesy of Ericsson.

Before we get to the interview with Vestberg, Kevin and I spend time discussing lights. Phillips Hue has a new app that actually is worthwhile. Stack Lights introduces a new ultrasound sensor that lets it do motion detection through a lampshade, and Ilumi offers an outdoor-rated color-changing floodlight. We also discuss Nokia’s acquisition of Withings, Tile’s impressive revenue and integration with a car, and products you should buy mom for Mother’s Day instead of a Nest.

Hosts: Stacey Higginbotham and Kevin Tofel
Guest: Hans Vestberg, CEO of Ericsson

  • So much lighting!
  • Nokia’s Withings buy is good, but the price seems low
  • Don’t buy your mom a Nest for Mother’s Day. Buy these gadgets instead.
  • Ericsson on its digital transformation
  • What the heck is 5G?

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Stacey Higginbotham

I am a journalist who has covered technology for over a decade at publications such as Fortune, PCMag, Gigaom, The Deal and BusinessWeek.

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