Alcatel-Lucent Named in MIT Technology Review’s 2012 TR50 List of the World’s Most Innovative Companies
PARIS, March 14, 2012 /PRNewswire/ — lightRadio(TM), the ground-breaking wireless networking technology from Alcatel-Lucent (Euronext Paris and NYSE: ALU) has helped the company into the 2012 TR50 – the annual list of the world’s most innovative technology companies published by Technology Review, the independent media company owned by the Massachusetts Institute of Technology. The lightRadio architecture will lower power-consumption and operating costs for service providers and allow the transfer of vast amounts of data at lightning fast speeds.
Alcatel-Lucent’s lightRadio architecture is at the heart of a family of low power-consuming wireless networking products enabling operators to cost effectively meet the increasing demand for wireless created by the switch to voice to radio communications and the popularity of smart phone and tablet devices.
lightRadio leverages Bell Labs innovations to create a first-of-its-kind flexible architecture that distributes intelligence throughout the network. This means resources can be provided virtually anywhere in the network, making it easy to grow and shrink capacity to meet customer demand for mobile broadband.
TR50 members are nominated by Technology Review‘s editors, who look for companies that over the last year have demonstrated original and valuable technology, are bringing that technology to market at a significant scale, and are clearly influencing their competitors. Spanning energy, computing, the Web, biomedicine, and materials, the companies on the list represent commercial innovations most likely to change lives around the world.
Commenting on Alcatel-Lucent’s inclusion in the 2012 TR50, Jason Pontin Editor in Chief and Publisher of Technology Review, said, “Our endlessly growing appetite for mobile data is threatening to overwhelm traditional cell phone systems. Alcatel-Lucent’s easily upgradeable lightRadio architecture puts the company at the forefront of keeping up with that appetite.” .
Marcus Weldon, Chief Technology Officer for Alcatel-Lucent, said: “With new mobile devices, new applications and ever-growing and changing customer demands, the wireless networks in use today have to evolve. Rather than take an incremental approach to meet these challenges, Bell Labs took a leap and developed a radically new approach to wireless technology.
“lightRadio takes advantage of the latest technological breakthroughs and applications existing today,” adds Weldon. “We recently demonstrated lightRadio under real-world conditions with one of the world’s leading communications service providers at the wireless industry’s biggest annual event, Mobile World Congress in Barcelona. We look forward to seeing these visionary technologies evolve further with the needs of our customers and the intensity of the mobile landscape.”
Alcatel-Lucent and the other companies included in the 2012 TR50 are featured in the March/April edition of Technology Review and is posted on the Web at www.technologyreview.com/tr50.
Listen to our podcast about Alcatel-Lucent’s selection to the 2012 TR50 featuring our CTO Marcus Weldon.
About Technology Review, Inc.
Technology Review is an independent media company owned by the Massachusetts Institute of Technology. More than three million people around the globe read our publications, in five languages and on a variety of digital and print platforms. We publish Technology Review magazine, the world’s oldest technology magazine (established 1899); daily news, analysis, opinion, and video on www.technologyreview.com and several mobile apps; Business Impact, which explains how new technologies are transforming companies, disrupting markets, or creating entirely new industries; and live events including the annual Emtech MIT conference. Technology Review also owns the MIT Enterprise Forum, a community and events organization that fosters technology entrepreneurship with 28 chapters worldwide.
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
The long-trusted partner of service providers, enterprises and governments around the world, Alcatel-Lucent is a leading innovator in the field of networking and communications technology, products and services. The company is home to Bell Labs, one of the world’s foremost R&D organizations, responsible for breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent is committed to making communications more sustainable, more affordable and more accessible as we pursue our mission – Realizing the Potential of a Connected World.
With operations in more than 130 countries and one of the most experienced global services organizations in the industry, Alcatel-Lucent is a local partner with global reach. The Company achieved revenues of Euro 16 billion in 2010 and is incorporated in France and headquartered in Paris.
For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent.