How 5G will Enrich the Enterprise Applications?
5G technology is not just about lower latency and higher bandwidth; it is also a wireless revolution that will allow robotics, automation, VR, and many other industrial applications. 5G complements other emerging technologies, such as AI/ML, IoT, and robotics, to drive the company's digital transformation further, both internally within an organization and externally in commitments to customers.
Leading telecom brands such as Verizon and AT&T have already initiated its 5G execution strategies in the network cities. According to Mckinsey, the impact of 5G will be noteworthy in multiple industrial segments. It is estimated that the global GDP might spur to $2 Trillion by 2030.
Let’s explore,
How 5G Technology Is Bringing Revolution In Other Segments
Bringing Mobility
Digital transformation has become a daily term for companies in various sectors. Companies are in different stages of implementing new technologies to develop new solutions, improve services, increase operational efficiency, reduce costs, obtain a competitive advantage, and meet increasing customer expectations. The bandwidth required for each application increases due to the richer application content. While a business mobility solution can also manage devices and access as it offers certain levels of protection, it is not enough to guarantee end-to-end security and, especially the user experience.
Aligning Omnichannel strategies
Many companies are already implementing an omnichannel strategy as part of their customer engagement initiatives to improve customer experience and the advocacy phase. Although traditional channels, such as telephony and physical stores, are still relevant, many companies are strengthening their mobile channel to meet the growing demand from millennials. Most companies today have mobile apps that provide detailed information about products and services, the shopping experience, and interactive customer support. Companies are also using new technologies, such as AI, for more effective engagement and to gain a competitive advantage. Technologies such as augmented reality and virtual reality will further transform external engagement.
Making cities smarter
5G will improve existing smart city applications, allow for new use cases, and accelerate deployments. The high bandwidth of the 5G will speed up the implementation of remote surveillance, as cameras can be connected wirelessly instead of having to lay cables, which can be expensive and take weeks, while drones can be deployed immediately. Low latency and mMTC enable V2X and autonomous cars, while the network splitting function logically separates the network from commercial traffic to provide a secure environment over a private wireless network.
Rapid health systems
5G allows AR / VR and 3D video for an immersive remote diagnostic experience, providing doctors with better information for patient analysis. With the 5G, the application can be further improved, for example, to give the surgeon more accurate haptic feedback and perception of depth, which is very sensitive to delay. 5G will also enable more efficient and real-time management of the patient database.
How Impactful Is 5G Technology At Present?
The manufacturing industries are probably the main drivers for the adoption of 5G solutions. For example, manufacturers are looking for ways to connect people, devices, and objects, merge physical and computer systems, and use the latest technologies in robotics, AI, and IoT to drive innovation. Healthcare providers are considering 5G to allow remote monitoring and diagnosis of patients using real-time imaging and to improve treatment options in remote locations.
While delivering on everything they promise, many hope that the introduction of 5G will support Industry 4.0, where everything is connected, processed, and digitized. This should transform and promote many existing industries and create new ones.
As businesses are already in the stage of execution when it comes to aligning new technologies, Katalyst technologies has already evolved its product offering. Our product portfolio includes Celero and iCaliper that equally serve every application, when it comes to supply chain management and ERP integration.
