World Economic Forum acknowledges Ericsson 5G Smart Factory as Global Lighthouse

Ericsson 5G designed an integrated environmental system that is set to reduce energy consumption by 24 percent and indoor water consumption by 75 percent. The Texas-based company which has invested over $100 million in the first 5G Factory, has developed over 20 different cases of use, which are set to be fully deployed in twelve months. 

To transition into 5G, Ericsson provided 5G trial kits which are available to businesses on low and mid-band ranges. These kits include both hardware and software that are meant to complement the network and enhance security, efficiency, and productivity. Their first 5G product was the millimeter-wave Street Macro solution.

The company was recognized by the World Economic Forum (WEF) as a front-runner in the global Fourth Industrial Revolution. According to Wikipedia, The Fourth Industrial Revolution is the ongoing automation of traditional manufacturing and industrial practices, using modern smart technology.

The World Economic Forum’s Global Lighthouse Network, launched in 2018, is made up of 54 companies that have adopted the Fourth Industrial Revolution technology, either at individual sites and/or end-to-end across the value chain. This brings about a global reset in which the companies are focused on creating value for the society at large and not just themselves.  

The forum has constantly acknowledged companies that incorporate 4IR technologies in their operations in various forms, ranging from artificial intelligence to less complex activities like manufacturing and operations, thereby creating some of the most advanced factories across the globe.

If continued, these factories can lower the rate of global carbon emissions by up to 15 percent by the year 2030.

The emission of greenhouse gases has greatly increased worldwide, as a result of the industrial revolution and massive growth in manufacturing activities.

The United States is currently the second-largest producer of greenhouse gases, according to data from the Global Carbon Project, responsible for15% of all emissions in the world. It is behind China, and ahead of countries like India, Russia, and Japan, which take the third, fourth, and fifth spot respectively.

Approximately 5.41 billion metric tons of carbon dioxide emissions were released in 2018 by the U.S. alone, with the largest sources coming from power generation and transportation.  

Greenhouse gas in an excessive concentration can disturb the regulation of temperature in the atmosphere and result in global warming. Global warming is the gradual heating of Earth's climate system.