How 5G will Transform Businesses in 2020Anchal Drolia
Businesses around the world are integrating various next-gen technologies into their quotidian activities. 5G’s is set to show its prowess by enabling the latest technologies. From commercials to political speeches, 5G is definitely in the news. But business may not yet be clear on 5Gs game-changing prowess. To best prepare for evolution 5G can bring to their operations, industry leaders need to know exactly what 5G might do for them.
The speed offered by 5G will enable and enhance various technologies like IoT, AR, VR, etc. 5Gs higher bandwidth and ability to improve the various technological advancements will bring new developments in the way various businesses function and the way they interact with their clients.
So, we made a list of few changes businesses and consumers will experience with the adoption of 5G.
Revolutionary with edge computing
5G is much more than just voice and data. Beyond just providing high bandwidth and low latency it will go hand in hand with edge computing. This would enable a lot of applications in businesses. Like bringing analytics to the edge, which will allow for different advertisements to be inserted at different edges. This helps in targeting demographics better and maximizing impact and revenue.
Higher speed and lower latency
Speed is certainly the most important feature of the 5th generation of network. With the promise of 1000 times the speed of 4G, a new generation of products with higher computing needs will become a possibility. 5G along with edge computing will make products based on augmented reality and artificial intelligence a common occurrence.
Better customer experience
5G is set to transform every technology it touches, lending it a better speed and in turn enhancing the customer experience. With a continuous focus on consumers, businesses will be using 5G’s ability to take customer experience to new heights with a drastic reduction in latency and much better bandwidth.
5G will tremendously increase the in-flight experience. It will essentially make the aircraft an IoT device that will stream concurrent 3D and XR to its passengers for a heightened product experience.
More innovation consumer
5G offers you the promise of innovation, productivity, and quality of life. These outcomes through faster and more reliable connectivity that can support a new generation of rich services, from connected cars to real-time healthcare services.
Reaching the audience with ease
Businesses constantly transform to keep up with consumer expectations, especially for direct-to-consumer engagements. 5G paired with automation will move way beyond basic chatbots to messaging-based conversational AI for much better customer care.
Going beyond hardware hurdles
The speed and storage of the device will not matter anymore as 5G will be powerful enough to stream content and send the user’s action back. Businesses will then focus on the solution and not the hardware.
Remote operations with 5G
Remote working around the world will be a possibility will be made possible with 5G. With real-time access and reliable connection meeting and remote communication will be done with ease.
The healthcare industry will especially be revolutionized with 5G. Remote healthcare solutions will very soon be a reality that will increase the quality of services along with its coverage to inaccessible areas.
A wide range of Internet of Things
Living in an era of smart homes and smart offices, along with our smart connected devices and intelligent technology. Equipped with these IoT devices the businesses are present in a world of increasing interconnectedness between devices. These devices work on the basic fundamental of near-zero latency. This is being made possible with the widespread adoption of edge computing and enhanced by 5G. 5G will act as the next step toward the complete integration of all these devices.
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