Advantages of 5G technology and their impact on businesses (Part 3)

To understand and exploit the potential of 5G technology is not a simple task. However, it is never too late to start learning about this technology. 5G not only changes the way organizations operate, but also lays a solid foundation for future improvements.

Up to now, connecting parts of the organization has always been a strategic goal of managers. Applying 5G will help the organization build a synchronous infrastructure system, the data is circulated stably at high speed and thus, the relationships between the parts also become stronger. On the other hand, the deployment of 5G network is becoming the inevitable trend to replace 4G in the future digitalization roadmap. 4.0 technology applications such as Big Data, Internet of Things, Cloud Computing also work better on this platform.

For each organization, the goal of 5G innovation depends on their connectivity needs, infrastructure and expertise. According to Digital Catapult – A leading technology innovation center in the UK, every business needs to have a clear plan for their 5G transformation. Many questions need to be answered: What is the motivation for you to apply 5G? What advantages do you have from the 5G ecosystem? What will the organization’s manufacturing sector look like in the next 5, 10 to 20 years? And finally, what do you want to achieve from 5G?

Here is an example of the 5G ecosystem you can build after deploying 5G:

• Mobile network operators can become business partners or partners supporting organizations in implementing connectivity solutions.
• Regulators can quickly communicate with the organization on the common spectrum, while the intranet remains separate.
• The expanded network of 5G equipment suppliers also means that there is a growing demand for organizations to apply 5G.
• Integrated systems will act as a mediator to eliminate old habits and build an innovation culture at the organization.
• A system of training on operational skills, management and maintenance of connections is formed, starting from 3rd party to internal training, and finally proceeding to train for other units.

Currently, many technology giants have started to integrate 5G into their products. China recently announced plans for self-driving cars, with the key to success being 5G technology. In scenarios of continuous connectivity to networks, such as digital maps and security, self-driving vehicles in the near future will rely on strong 5G connections to operate. AT&T has also released two Samsung 5G phones this year, the second of which will be able to access 6 GHz spectrum in addition to millimeter wave (mmWave). The impact of 5G technology on businesses is becoming stronger than ever under the impact of the 4.0 industrial revolution.

Productivity and Quality Office