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Niche AI

Company

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Owners:
Ericsson

Content

Owners

Niche AI — the Indian developer of solutions which are used for updating of telecommunication networks by means of machine learning and artificial intelligence.

History

2019: Ericsson purchased Niche AI

In the middle of September, 2019 Ericsson announced Niche AI acquisition. Financial and other terms of transaction are not disclosed.

It is known only that the personnel of Niche AI will pass to work the Ericsson Global Artificial Intelligence Accelerator (GAIA) AI center into Bengalura. There it is going to involve 150 more engineers from India.

The head of department of research and development of Ericsson in Bengalura Sandzhiv of Draft (Sanjeev Tyagi) says that the company aims to develop as integrally, hiring employees in the market, and and inorganically — by means of absorption and acquisition of specialists.

Ericsson announced Niche AI acquisition

According to him, after mass implementation of a 5G networks there will be a rapid growth of number of devices of Internet of Things and different elements of networks which will need to be managed by means of AI technologies. Such solutions are created in the GAIA center created in 2018.

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Exponential growth of number of IoT-devices will mean that traditional methods of management of networks will not be scaled any more. It is that area where self-organizing, selfrepair, self-governed networks using AI and machine learning will be necessary for us. We also consider use of methods of machine learning for optimization of signals between a 5G phone and a base radio for economy of a charge of the accumulator — said Sandzhiv of Draft.
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He added that Ericsson looks narrowly also at other companies which it would be possible to come trudging. The potential purposes for purchase are estimated in terms of the volume of business, the main competence, opportunities of an engineering command, cultural compliance and by other parameters by which Niche AI approached.[1]

Notes