Game-Changer: 5G Technology

As a business major, I have no choice but to be naturally interested in technologies introduced or emerging in this field. In the last blog, I introduced the chatbot system used in business. Today, I will introduce you to 5G technology, which you may have heard of at least once. 5G will enable businesses to create new experiences, changing how we work and play. By the way, are you using 5G phone?

5G technology is the fifth generation of mobile wireless communication technology designed to greatly improve the speed and responsiveness of wireless networks- the next technological upgrade to 4G. While 4G delivered mass video streaming, actual-time media intake, dependable price processing, multi-player gaming, constantly-on social networking and other use cases that enabled new commercial enterprise models, 5G will revolutionize those new-age industries and transform them in ways that haven’t but been conceptualized. 

HOW

Wireless networks are composed of cell websites divided into sectors that ship facts thru radio waves. Unlike 4G, which requires large, high-strength mobile towers to radiate alerts over longer distances, 5G wi-fi alerts are transmitted through huge numbers of small cellular stations located in places like light poles or constructing roofs.

THE CORE ADVANTAGE OF 5G

Technology-smart, 5G has a number of characteristics that could strengthen corporations by enabling higher customer experiences and increasing worker productiveness. Combined with different technologies such as the cloud, IoT and part computing, 5G will change how enterprise is accomplished or even how complete industries operate – whether it’s finance, manufacturing, tour, retail or healthcare.

  • faster speeds
  • higher device capacity
  • reliable connections
  • lower latency (latency means the time that passes between when you give your machine an instruction and when it does it.)
  • network slicing (practice that allows multiple virtual networks to be created and operated on top of a dedicated platform running on shared physical infrastructure)


USING 5G TO BOOST BUSINESS

If 5G offers on its guarantees, it's going to in all likelihood creep into each element of business operations. Even when and wherein we work may be affected, with the opportunity of far flung teams empowering organizations to rent top skills outdoor of their nearby place.
However, this modification will in no way be as easy. 

Then question. What are the steps that leaders need to prepare to prepare for 5G technology? 
I, who have a dream in business, also thought about it.

1. Including 5G in the budget: 

 Like all new technologies, 5G hardware will be more expensive than 4G hardware. For businesses to remain competitive when a full-scale launch or switch-over occurs, they’ll need 5G-ready equipment on hand and ready to go. That said, like all popular technologies, the price of 5G-ready devices and equipment will rapidly go down in line with adoption.

2. Intensifying&managing big data analytics

5G will facilitate advances in AI, automation, and IoT. But with extremely good advances comes exceptional large facts. How a enterprise gathers, stores, and uses that records, the approaches it analyzes the statistics and the gear it uses to achieve this will determine the aggressive gain it gains from the insights it collects.

3. 5G education

Teams can't make the most of this new generation in the event that they don’t apprehend what it is and the capability it offers. Educating employees on how 5G can support enterprise dreams, enhance customer enjoy, and drive growth is crucial to deliver all people on board.


It is not a technology that has given a big return yet, but it is clear that it is the technology that is attracting the most attention. Recently, there is a case in which Korean telecommunications companies that promoted 5G technology and provided services ended up cheating the public and even being fined. It's too bad that technology is so promising that it has led to these results. I hope that companies will dig into 5G properly using this as a turning point. 

"5G will have an impact similar to the introduction of electricity or the car, affecting entire economies and benefiting entire societies."- Steve Mollenkopf 


Reference:https://www.techtarget.com/searchnetworking/definition/5G

https://www.thedigitalspeaker.com/impact-5g-technology-business/

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