Why 5G
What a difference a generation makes, not just the human kind but the generations of cellular technology. I’m referring to 5G, as everyone is talking about it and it’s not just us in the telecommunications industry!
Policy makers want to understand how the next generation of wireless will improve society and what changes they need to make to spur adoption, while the business sector is eagerly dialoguing with telecom vendors to see how the new capabilities of 5G can help them improve their bottom line. And of course the general media is buzzing about what the coolest devices and applications will be for consumers.
We often focus on the technical side of transformation, but what’s really important is the social-economic impact. A range of positive outcomes are on the horizon, but it’s not so much about endless possibilities as it is about addressing the real needs of communities and businesses. Transportation, healthcare, safety, the environment are what affects all of us every single day.
While the digitalization and automation of enterprises has yielded productivity benefits, these gains apply to about 30 percent of enterprises, largely in IT-centric industries. Traditional asset-intensive industries - which typically comprise more than two-thirds of GDP of the country - have yet to experience the full benefits of this digital transformation. This is because existing wireless access technologies were not originally designed for industries like manufacturing and hence they do not meet all the needs of industries.
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