Ericsson has entered into a strategic partnership with software development company LotusFlare to accelerate network API adoption.

As part of the agreement, Ericsson and LotusFlare will provide common solution blueprints that describe typical integration scenarios for the Network API Exposure Layer in order to “accelerate CSPs’ journey toward Network API monetization.”

Ericsson subsidiary Vonage will utilize the supply of APIs to “boost the consumption of new network capabilities by enabling developers and enterprises to build network powered solutions that turn advanced connectivity into competitive advantage.”

Financial details of the partnership were not disclosed, but Ericsson also announced it had acquired a minority stake in LotusFlare.

“We are delighted to establish this strategic partnership with LotusFlare," said Niklas Heuveldop, SVP and head of Ericsson's business area global communications platform, and CEO of Vonage.

“The combination of Ericsson’s high-performance, programmable networks with LotusFlare’s Network Abstraction capabilities, Aduna’s global network API aggregation capabilities, and Vonage’s network-powered enterprise solutions will accelerate CSPs’ ability to unlock new network capabilities and take advantage of one of the most important value creation opportunities for the industry.”

He added: “By further strengthening the industry ecosystem, Ericsson is accelerating the potential for CSPs, enterprises, and developers to collaborate and innovate at hyperscale, leveraging the full potential of 5G and AI.”

Sam Gadodia, CEO and co-founder of LotusFlare, said he was “delighted” to welcome Ericsson as an investor in LotusFlare.

“Since our founding, our mission has been to simplify technology and customer experience,” he said.

“We have made significant progress towards this goal through both our DNO Cloud and Nomad eSIM businesses. Ericsson’s investment represents a powerful validation of our product innovation and market impact. We are confident this partnership will unlock new market opportunities and accelerate the development of critical network asset monetization capabilities for CSPs globally.”

In July, Ericsson finalized its joint venture with a combination of telecom companies on the launch of the API platform Aduna.

Vonage was a key player in the development of Aduna, which produces network APIs designed for hyperscalers, communications platform-as-a-service providers, system integrators, and independent software vendors.