Leading telecommunications provider
) recently funded a study to explore the role of ICT (Information
and Communications Technology) in education as part of its
vertical expansion as an ICT solutions provider.
The year-long collaborative action research (CAR) study was
managed independently by a team of experts from some renowned
universities. The study revealed that ICT can be successfully
integrated into education systems to enhance learning with an
optimal mix of infrastructure and trained teachers.
The ICT-based education model will provide standard education
facilities to affluent areas, while improving the quality of
education in areas with limited resources.
The rural schools participating in the study were provided
with open source resources for teaching along with an access to
online library from Connect to Learn, which was the key element
in designing and implementing the study. The results from the
study indicated that there is a promising potential in ICT-based
education system to improvise the role of education in future
Earlier in September this year, Ericsson closed the
acquisition of Canada-based Telcocell, a consulting and systems
integration company to strengthen its capability in the area of
ICT and offer full transformation capabilities.
Over the years, Ericsson has also invested significantly on
its research & development (R&D). In 2012, Ericsson's
R&D expenditures were around $4.8 billion, reflecting
approximately 14.4% of its revenues. Ericsson plans to invest
around $1 billion for constructing three global ICT centers in
the next five years. These centers will primarily be supporting
the R&D organization to develop and verify solutions,
creating the foundation for the next generation technology and
Ericsson currently has a Zacks Rank #3 (Hold). Some other
stocks worth mentioning include
Ubiquiti Networks, Inc
). While ShoreTel and Ubiquiti Networks carry a Zacks Rank #1
(Strong Buy) each, Motorola has a Zacks Rank #2 (Buy).
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