Swedish telecom gear maker Ericsson will increase its investment in Artificial Intelligence (AI) in India, Sweden, and the U.S. to enhance its managed service business. “It is super important for us that we increase AI investments and we are doubling down on India, Sweden, and Silicon Valley,” said Peter Laurin, head of Managed Services at Ericsson.
“India is a great hub for us. We would like to attract more talent in AI, automation, and data science…we want to attract the best of the best in India,” he added. The company has already hired 150 engineers in Bangalore and aims to hire more.
Additionally, Ericsson’s focus is on upskilling its existing engineers in the managed service business to handle address demands from telecom companies.