The ‘internet of things’ has revolutionized our way of work and living. We are currently using 4G networks to call, chat and, use the internet. With a rapidly growing amount of devices being connected to the internet, a new technology is necessary to keep mobile network connectivity stable and reliable. 5G might be the answer. According to test results of Samsung, 5G can reach internet speeds of 1.25 Gigabyte per second which is hundreds of times faster than 4G. 5G is referred to as the internet of the future and promises enormous potential for both consumers and businesses.
The business implications of 5G
Connectivity can be integrated into all business processes and is already an enabling factor for many business processes. 5G takes it a step further by being able to process higher frequencies and more connections at the same time, transfer more data at a significantly faster speed and reduce latency.
This allows firm to increase data transmission, increase productivity, and lower operational costs. For example, 5G can optimize machine-to-machine (M2M) connectivity by enhancing data transmission. Another example of potential business applications of 5G are wireless cloud offices. These online offices require a high bandwidth data network which the 5G technology can provide.
Self driving cars
‘Self driving cars’ is a recently emerged technology that allow cars to be operated without a licensed driver. These cars can provide more safety than regular cars as they are free of human errors. However, self driving vehicles require high bandwidths and close to zero latency in order to guarantee safety. The superior features of the 5G technology can enable these vehicles to safely drive at faster speeds and in closer proximities.
5G is currently in its testing phase and is expected to be available in 2020. The reliability, responsiveness, and coverage that the 5G technology offers has the potential to lead to the disruption of value chains and the rise of new businesses.
sources:
Kumar, U. Pandect of 5g Communication Technology in Context with Some Latest Researches. The International Journal Of Engineering And Science (IJES) ISSN (e), 2319-1813.
Click to access 5g-signals.pdf
https://www.gsmaintelligence.com/research/?file=141208-5g.pdf&download
https://www.nrc.nl/nieuws/2015/03/21/5g-een-mobiel-netwerk-dat-ons-leven-voorgoed-verandert-a1497192
http://www.geektime.com/2016/01/03/what-will-5g-mean-for-consumers-businesses-and-the-internet-of-things/
