Telecom equipment and software maker Ericsson and Panasonic will bring a new energy-as-a-service (EaaS) solution to market.

This smart sustainable energy solution will be an efficient way to intelligently measure, monitor and maintain energy infrastructure for mobile operators and tower companies by using big data-based analytics, energy management software, and lithium ion battery energy storage.

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The energy solution minimizes the energy costs and other resources required to manage sites. For mobile operators, enterprises and governments, this solution will deliver a reduced total cost of ownership for energy equipment by up to 20 percent, driven by longer battery life and fewer maintenance site visits resulting in the highest level of network availability.

“Effective energy is a focus area for all of our customers and we are always looking for opportunities to reduce carbon emissions. Energy-as-a-service is a new business model that is designed to make energy operations more efficient, smarter and more sustainable,” said Bradley Mead, head of Managed Services and Network Design Optimization at Ericsson.

Ericsson will be responsible for products and services driven via its Integrated Operations Center, focusing initially on its managed services customers. Panasonic with its expertise in energy assets and management will be responsible for the energy architecture and solution orchestration backing up the service.

“This solution reduces total cost of ownership and energy consumption while improving system resilience and connectivity uptime, benefitting mobile operators and tower companies as well as their customers,” said Jim Doyle, president of Panasonic Enterprise Solutions Company.

Panasonic and Ericsson will customize and develop the solution to meet the needs of customers in the utility, transport and public safety sectors, and support the migration toward smarter and more sustainable cities.