Surging AI Infrastructure Demand Fuels Vertiv’s Record Performance and Strategic Expansion
Vertiv Capitalizes on AI-Driven Data Center Boom with Stellar Q3 Results Vertiv Holdings has demonstrated remarkable financial performance in its…
Tag: Americas
The Strategic Imperative: How CFOs Can Unlock AI’s True Potential by Aligning Finance and Technology
The Growing AI Divide Between Finance and Technology Leaders As artificial intelligence continues to transform business operations, a significant gap…
Ericsson Navigates Flat RAN Market with Strategic Focus on 5G Standalone Transition
Ericsson’s third-quarter earnings reveal a 9% revenue decline to 56.2 billion SEK amid challenging market conditions. The telecommunications giant reportedly plans continued cost-cutting measures while positioning 5G Standalone technology as its primary growth opportunity heading into the 6G era.
Ericsson’s Mixed Quarter Amid Market Challenges
Telecommunications equipment giant Ericsson reported a mixed third quarter for the financial year, with sources indicating the vendor is navigating what it describes as a “flat” RAN market. According to reports, the company saw revenues drop by nine percent year-on-year to 56.2 billion Swedish kronor ($5.9 billion), though analysts suggest organic decline was just two percent when accounting for foreign-exchange movements.