Global Business Director – Telecoms, Media, Technology Industry, Atos
Are you ready for 5G?
These are exciting times for the telecom industry. The advent of 5G will revolutionize the telecom and technology market.
The fifth generation (5G) of wireless networks transforms opportunities for people and businesses. Not only does it offer speeds up to 100 times faster than 4G, but it also creates new possibilities for industries to conduct real-time activities thanks to the low latency and general quality of service it provides.
Companies are in a race to generate significant new value while transforming into next-generation digital enterprises: 5G adoption rates are three times faster than those for 4G.1 At the same time, the climate emergency demands that companies accelerate decarbonization of operations and supply chains to meet net zero targets.
So, how can telecom operators take advantage of key technologies to optimize efficiency while modernizing to monetize 5G? And what can they do to get closer to customers and drive value beyond connectivity?
Evolving 5G ecosystem
As more and more applications will demand lower latency, higher speeds, and better quality of service, 5G is systematically introducing edge computing into network architectures to process data faster and closer to the user; by 2025, 80% of all data is expected to be processed at the edge, bringing a completely different way of delivering services in the market.
The evolution of a 5G partner ecosystem and collaborative data platforms will be crucial to driving growth as more players get involved in the value chain to create new services and secure end-user experience.
From self-driving cars to smart campuses, 5G will help shape the world over the next decade. Therefore, telecom service providers are operating at the intersection of rapid market and technological changes that impact every sector.
The future of 5G is inextricably linked with that of businesses, communities, and society. All participants (telecom operators, partners and customers) need to play a role in guiding, securing and accelerating the realization of that future together.
So, are you ready for 5G?