Ericsson has established a platform for licensing of standardized IoT technology to device manufacturers, spanning from autonomous cars to irrigation sensors.
The platform, operated by an independent company, will adopt a revenue sharing model for contributing companies and receive a mandate to license on behalf of the joining patent holders, aiming to simplify access to standardized technology.
The new platform will be headed by Kasim Alfalahi, who will leave his current role as Chief Intellectual Property Officer and Head of IPR & Licensing at Ericsson.
“We are initiating this market place following discussions with both wireless industry players and key players in industry verticals. This platform shows Ericsson’s and my personal commitment to provide a solution that works to the benefit of all parts of the ecosystem,” stated Alfalahi.
