Why Should You Care about 5G?

Abhinav Anand | March 21, 2022 | 414 views

Why Should You Care about 5G?

Why Should You Care about 5G?

“There's a lot that 4G can do already, but there are cases where the high reliability, high availability, and low latency of 5G make a tangible difference.” - Leo Gergs, Senior Analyst, ABI Research

Spectrum 5G has completely changed the dynamics of several industries, ranging from healthcare to automobiles. The impact of 5G on the healthcare industry has been humongous. Remote diagnostics and procedures, e-health, and responsive wearables will be available in the healthcare industry, and AI assistants may help those with disabilities. Companies like Immersive Rehab, a provider of interactive physiotherapy, are already considering how 5G may improve their services, and 5G is being tested in numerous trials like the Liverpool 5G Testbed.

The 5G network has already made its way into the operating room with Telefónica. It is the first surgical aid system based entirely on 5G technology, with the cooperation of a Malaga hospital.

The 5th generation of the mobile network is the new global wireless standard that would facilitate a new kind of network designed to connect virtually everyone and everything.

Analyzing the Business Benefits of 5G

5G technology isn't just about speed; it is more about life-changing experiences through monumental technologies curated through next-generation networks. According to Deloitte's 2020 Study of Advanced Wireless Adoption, more than 90% of polled enterprise leaders consider advanced wireless technologies, such as 5G and Wi-Fi 6, to be "extremely vital" or "critically important" to their company's success.

"5G isn't just another tech innovation, it's the platform that makes other innovations possible."

Hans Vestberg, Chairman and CEO, Verizon

To answer the question of how 5G will help businesses, let's take a look at the points below:

Faster Connection Speeds

With speeds that are significantly faster than anything currently available, 5G networks have the potential to offer speeds that reach a staggering 10 gigabits per second. With this, businesses can transfer large amounts of data with ease.

Higher Device Capacity

Every growing business will see an increasing number of devices transmitting data simultaneously. 5G promises to handle the ever-increasing loads with a deployment that can support one million connected devices per 0.38 square miles.

Low Latency

Latency is a fundamental metric for organizations looking to get involved in the marketplace for the Internet of Things. With the lower latency offered by 5G, technology organizations can significantly improve their functionality as well as safety.

How Can the C-suite Navigate the 5G World?

By 2023, 5G will account for one-fifth of all mobile data traffic, generating $12 trillion in hardware, software, and service revenue. In addition, 5G networks will considerably impact specific verticals like manufacturing, mobility, cities, healthcare, and telecom companies, with the need to shift their mindsets and company cultures at large.

Users will be able to build 5G networks to give specific benefits at specific times to specific users, giving them new levels of flexibility. Network slicing, for example, enables operators to deliver dedicated virtual networks tailored to the service or consumer, using a single infrastructure to build several networks.

Actionable strategies the C-suite can follow:


Revenue

  • Spend in the short term to be able to generate ROI in the long run
  • Target industry verticals based on specific 5G benefits
  • Discover and create new marketplaces


Culture

  • Refresh the company culture and instill entrepreneurial skills
  • Shift to a co-creation mindset


Agility

  • Leverage edge computing to reduce costs and enhance operational efficiencies
  • Share the learning and believe in continuous collaboration


How Does the Future Look with 5G Enablement?

All 5G enthusiasts must understand that the infrastructure cost is insignificant in comparison to the massive potential for return that 5G-powered innovations hold in transforming the world. 5G communications are all geared up to usher in a full-scale deployment of low-latency and monumental IoT across almost every industry. These 5G features will also help reshape the consumer experience by unlocking an entirely new era in the mobile experience, IoT, and smartphones, along with unprecedented AR and VR capabilities.

Conclusion

Spectrum 5G will undoubtedly change the whole user experience and take it to an entirely new level. With the kind of innovations taking place around 5G technology, it is definitely an exciting time for any business that focuses on new technology.

With the concept of wireless being the last bit of the puzzle, CIOs and C-suite executives only need to ensure that they pick suppliers who provide the best technology available to fulfill their business requirements.

FAQ


Q1: What Is the Future of 5G?

A few more years into the future, almost every application and service will be available on the cloud. This is precisely when the 5G wavelength becomes the instrumental element in our daily lives.

Q2: How Can You Use the Existing Infrastructure to Accommodate 5G Integration?

The first and foremost step here would be to migrate the existing applications to be cloud-based at the earliest. The second step would be to recognize and understand how these applications are optimized for performance and user experience.

Q3: How Would 5G Help Businesses Grow?

Organizations have an open canvas to innovate using the high speed, low latency, and other advantages offered by 5G networks. With 5G delivering value in the enterprise, business leaders can view wireless technology as the key to the future.

Spotlight

PTC

PTC (NASDAQ: PTC) is a global provider of technology platforms and solutions that transform how companies create, operate, and service the "things"​ in the Internet of Things (IoT). The company's next-generation ThingWorx® technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company's field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC's award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.

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Article | June 7, 2022

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NVIDIA Teams With Microsoft to Build Massive Cloud AI Computer

NVIDIA | November 17, 2022

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Incredibuild Launches New Automotive Solution, Revving Up Industry Software Development at Unrivaled Speeds

Incredibuild | November 17, 2022

Incredibuild, maker of the leading development acceleration platform for Developers and DevOps teams, announced today the launch of Incredibuild for Automotive. Incredibuild for Automotive provides significant acceleration and support for the leading software development tools used in the ever-growing Software-Defined Vehicle (SDV) industry – including QNX, AOSP, Yocto, Automotive Grade Linux, Qt, Jenkins, Gitlab, Github Actions and more. The automotive industry, historically hardware-centric, is experiencing a rapid shift to software-focused technologies, especially with the move towards Electric Vehicles (EVs) and Autonomous Vehicles (AVs). As automakers look to scale these technologies to meet demand and speed time to market, Incredibuild offers the increased compute power availability necessary for automotive software teams to rev up their development at dazzling speeds, while adhering to the highest safety and security regulations. Incredibuild for Automotive rapidly accelerates automotive development on-prem and in the cloud, empowering dev teams to focus on quality, safety, and innovation while meeting key milestones. Incredibuild for Automotive includes notable features that enhance productivity and deliver the quality consumers expect: integrated with Incredibuild's industry-leading virtualized parallel distribution, newly launched patent-pending Build Cache technology lets development teams store previous build data, drastically reducing build times and improving performance; and flexible licensing allows for better resource management, resulting in cost and time savings with zero waste. Another key result: consumers will experience quicker updates to ADAS and other real-time operating systems with no compromise on quality or safety. "The automotive industry is being driven forward at an incredible pace, and we are right there with them, helping boost software innovation and efficiency to help deliver better and faster. "We appreciate the car industry's commitment to security, safety, and overall performance and quality, and that's exactly what our software acceleration platform provides. In today's economic environment, releasing software faster and more efficiently is key, especially when it comes to 'Software on Wheels.'" Regev Yativ, CRO of Incredibuild Auto manufacturers developing automotive software as well as independent software vendors can utilize Incredibuild for Automotive when helping build next-generation automotive technologies such as self-driving cars and smart cockpits. Additionally, by decreasing the amount of hardware required for faster development, Incredibuild for Automotive reduces the environmental impact of production itself, cutting down on carbon emissions. The launch comes on the heels of the company's debut of Incredibuild10, its most advanced Dev Acceleration Platform. Incredibuild works with all the world's leading cloud providers, including Microsoft Azure, AWS, and Google Cloud Platform. Its cloud optimization automatically spins the best mix of on-demand and spot resources up and down, enabling organizations to use smaller and more affordable machines while maintaining optimal performance. About Incredibuild Incredibuild has created the industry's leading hybrid acceleration platform for development processes – compilations, CI/CD builds, and more. Its Virtualized Distributed Processing™ technology recruits CPUs to turn every host into a supercomputer with hundreds of cores. Incredibuild's powerful distributed processing and unique build caching solutions quicken dev cycles and increase the efficiency of every development sprint while accelerating iteration frequency – enhancing product quality, boosting developer satisfaction, and lowering time-to-market while dramatically reducing compute costs on-prem and in the cloud.

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