New Era of 5G and Internet of Things.

 

Source: avsystem.com

We are on the verge of innovations that is transforming the way we live and work in the society.  During the past few years, the Internet of things has revolutionized the computing immensely and now the latest new generation of wireless technology of “5G” is here, which has drawn attention of many. 5G which stands for fifth generation of wireless technology. And IOT is a real driving factor for the development of Industry 4.0. Many thinks of the 5G as a game changer in the business Industry. Launch of 5G is certainly good news for the IOT market. According to GSMA, 5G connections are expected to grow from 10 million at the end of 2019 to 1.8 billion by 2025.Development of 5G networks is the key factor for rising number of connected devices from 700 million to 3.2 million by 2023. Let’s find out how 5G Ultra-wideband and IOT can work together, and how they are expected to impact business overall but first let’s see what is 5G IOT?

What is 5G IOT?

5G is the fifth generation of cellular technology which is designed to increase speed, lower latency, and improve flexibility of wireless services. The early generation 5G services are called 5G NSA which was faster than 4G LTE. 5G offers speed ranging from 17Mbps for upload and 12 Mbps to 36 Mbps for download, 5G transmission speeds may be as high as 20 Gbps.  With IOT enabled devices in mind, 5G connects more devices at higher speed creating better user experience.  IoT can be better understood by its four components: Sensors, Networks, Cloud/AI and Applications. Companies are leading Integration of these two-macro technology into their digital strategies to reap huge rewards. According to Deloitte’s Study of Advanced Wireless Adoption, 86% of networking executives believe that advanced wireless technologies will transform their organizations within three years—and 79% think those technologies will change their entire industry in that same period. When combined network will deliver information faster and real time data reality. 57% of respondents from end user organization believe that their organization’s main reaction is to use 5G to drive Internet of things (IOT) communication – Gartner.

Source: avsystem.com

 

Impact of 5G on the business:

Faster Speed- With the potentials to reach a speed of 10 GB per second (100 times faster than 4G) downloading will now be possible in just a few seconds and will support instant access to services and applications. Beyond faster speeds, 5G will also deliver lower latency.

More Capacity– As 5G deployment can support up to an estimated one million devices per square kilometre, companies can easily support large number of devices.

More efficient Remote work- Covid 19 has pushed many employees to work from home. With 5G, they will be able to complete the task faster. Fast speed and stable connectivity will be going to help in maintaining same level of performance.

More use of IOT- With the launch of 5G, IoT will enhance the efficiency and simultaneous use of devices, while reducing their vulnerability to cyberattacks.

By understanding how 5G will impact business, we can prepare the future and make our business ready for digital transformation. This innovation will change the way businesses and customers communicate. According to Deloitte, organizations are looking for more out of advanced wireless networks than reliability and coverage. They are looking to next-generation networks to unlock competitive advantages and create new avenues for innovation.

 

Source: ( https://www.judge.com/blogs/how-5g-will-change-business-in-2021-and-beyond)

 

If you have any comments, please reach out to us at info@proso.ai