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Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.

While Europe’s increasing $227 billion investment in IoT assures advancements, it particularly underlines the businesses’ focus on operational cost reduction and process optimization. However, economic strains and geopolitical disturbances, like the war in Ukraine and Covid-19, impede this spending surge, especially in Central and Eastern Europe. IDC, nevertheless, forecasts an upturn by 2027, with IoT remaining a viable tool in organization performance enhancement amidst challenges. For telecom providers, these shifting sands offer both opportunities and considerable challenges.

Telefonica teams up with Nokia in a bold move to investigate the application of private mobile networks within Latin American businesses. They aim to foster digital transformation across “promising industries”, including ports, energy, mining, and manufacturing. Despite 5G’s infancy in the region, Ericsson’s recent report suggests a promising future, predicting 5G will constitute 42% of all mobile subscriptions by 2028. Meanwhile, Nokia’s data reveals that a whopping 80% of companies implementing their industrial-grade private wireless solutions expect a positive return on investment within six months.

Network slicing has become a popular topic in telecoms discussions, particularly in relation to the benefits of 5G for industrial or business applications. It is believed to improve the reliability and performance of connectivity in situations where network congestion or mission-critical operations are at stake. With the rollout of 5G Standalone, network slicing is becoming an increasingly important aspect of B2B installations.

BT’s Immersive Spaces solution, developed with virtual training specialist Immersive Interactive, uses cutting-edge technology to turn walls and floors into interactive surfaces displaying cloud-stored experiences. Compatible with VR, AR, and XR, the technology holds promise in revolutionizing training and development across various industries.