BUSINESS TRANSFORMATION
Embracing the 5G revolution: A paradigm shift in technology
5G - the fifth generation of mobile network technology – is a generational leap with several far-reaching applications, and it is expected to bring significant changes and improvements to the way we communicate and access information. With advantages like superior connectivity, higher bandwidth, and ultra-low latency, 5G is an imperative innovation for smarter tomorrow.
Let’s take a look at some of the ways through which 5G is going to drive disruption.
Unlocking the 5G World
The potential advantages of 5G go far beyond just enhancing a network connection. It opens up new possibilities, allowing us to offer ground-breaking solutions that benefit the entire society.
- Improved speed and performance: 5G is expected to offer significantly greater speeds and reduced latency in comparison to previous generations of mobile technology. It can enable a wide range of applications and services such as virtual and augmented reality, telemedicine, and connected cars.
- Increased connectivity: Imagine connecting a multitude of devices – with the number running in billions – in real-time. This will ramp up the adoption of new applications and services that require high levels of connectivity, such as the Internet of Things (IoT).
- Enhanced experience: 5G will provide a more seamless and immersive experience for users, with improvements in video quality and the ability to support high-bandwidth applications like 4K video streaming.
- New business opportunities: The increased speed and connectivity of 5G will potentially reshape industries by creating new business opportunities, especially in the arena of cutting-edge technologies like IoT, virtual reality, and augmented reality.
Digital transformation on a global scale
We know that large telcos like AT&T, Verizon, and Vodafone are working on newer 5G trends. There are several important trends we see in the market.
- Network slicing, which is the process of creating multiple virtual networks on top of a single physical infrastructure
- Edge computing, which improves the latency and speed of networks
- Private 5G networks, which are dedicated 5G networks owned and operated by a single organisation.
- Internet of Things (IoT)
- Virtual and Augmented reality
As an example, AT&T has developed its private 5G network offering called “AT&T 5G Edge”, which is aimed at large enterprises and government agencies. AT&T has also developed its connected cars platform called “AT&T Drive” which uses its 5G network.
Similarly, Telstra announced the Enhanced Enterprise Wireless (EEW) program that guarantees 99.9% wireless connectivity to consumers, touting it as the key step towards unlocking full 5G benefits.
5G applications in the IT universe
5G is going to dominate the IT space through a variety of offerings. Some major trends observed in this market are:
5G strategy and consulting:
Organisations can help their clients develop a tailored 5G strategy that aligns with their business goals and objectives. This includes identifying potential use cases and applications for 5G, as well as helping service providers understand the benefits and challenges of implementing 5G.
Network design and deployment:
Firms can design and deploy 5G networks, including the selection and integration of the necessary hardware and software components.
Network optimisation:
Organisations can optimise their 5G networks for their clients to ensure that they are operating efficiently and effectively, and to identify and address any potential issues or challenges.
Application development:
Custom applications and solutions that leverage the capabilities of 5G technology, such as virtual and augmented reality, can be implemented for clients for a better competitive advantage.
Managed services:
Managed services for 5G networks, including monitoring, maintenance, and support to ensure that 5G networks are operating smoothly and reliably are going to be a necessity soon.
A paradigm shift that is set to transform the business models of service providers and enterprises across the globe, 5G technology may just be the biggest technological revolution of the decade. Its unprecedented speed, connectivity, and user experience enhancements will have a far reaching impact on industries ranging from healthcare to entertainment and beyond. By embracing 5G, we can unlock a world of possibilities, enabling a smarter and more interconnected future for all.
This article was first published on Business Insider
