Telecom's 5G future

By Author: Mr. TEAM MENTit (MENTit Both)
Affiliation: MENTit

CSPs will be able to position themselves for development thanks to 5G.

  • 5G, edge computing, and AI are coming together to transform the world.
  • People, cultures, organisations, and businesses may all benefit from 5G.
  • Because of the significant risks and investments involved in advancing toward ubiquitous 5G networks, CSPs are acting with caution.
  • During a period of relatively stagnant revenue growth, CSPs will need to make significant expenditures.
  • CSPs spent more than USD 1 trillion upgrading their networks to 4G between 2010 and 2018. In the early 2010s, the first 4G services were launched.

 

5G will have a greater impact on businesses than on consumers.

  • Being able to handle corporate demands, rather than being the first to reach mass customers, will be the big gain for CSPs.
  • 5G may provide a slew of advantages for businesses and sectors, and the technology has a lot more to offer than just improved network performance.

 

Edge computing and 5G are collaborating.

  • ETSI 5G is only one of a number of technologies that are coming together to usher in a new era in telecommunications.
  • ETSI is a European standards body that specifies multi-access edge computing (MEC). The technology is assisting in the fundamental transformation of telecommunications.

 

Increasing AI in 5G networks

  • According to Gartner, by 2022, more than half of all data generated by businesses will be created and handled outside of data centres.
  • Edge computing pushes AI closer to the point where data is generated and actions are required. 75% of data will have been evaluated and acted on at the edge by 2025.

 

Trying out new technologies; there's still a lot of ambiguity.

  • CSPs can use network slicing to provide services to certain verticals once a full-fledged 5G network is ready.
  • Industry 4.0 is transforming the manufacturing industry from mass production to mass customisation.
  • CSPs must clearly explain the 5G value proposition by how they solve business pain points and demands for the industrial verticals of interest.

 

5G is empowering businesses and sectors.

  • Prepare for 5G's real transformative potential.
  • Create the capacity to prototype solutions quickly.
  • Think about specialising.

 

Industry 4.0 is transforming the manufacturing industry from mass production to mass customisation.

  • CSPs must clearly explain the 5G value proposition by how they solve business pain points and demands for the industrial verticals of interest.
  • Because of the substantial benefits of 5G, home 5G WiFi is a viable alternative to fixed broadband.
  • Because of the relevance of 5G, CSPs are an important part of the gaming and eSports ecosystems.
  • CSPs are rapidly recognising AI's critical role in network automation.
  • Consumers, organisations, companies, and sectors benefit from AI at the edge, which creates a world of intelligent connection.

 

How can value be created in the 5G consumer space?

  • Set yourself distinct with higher-quality video streaming.
  • Consumer products that go beyond improved bandwidth should be expected.
  • Profit from the popularity of video games, particularly eSports.

 

Using AI to improve tomorrow's 5G networks

  • Begin your path toward AI-assisted network operations.
  • Bring AI to the network's edge where it's most required.
  • Obtain and retain AI knowledge in the area of network automation.

 

How to create value in the 5G consumer space

  • Stand apart through higher-quality video streaming
  • Prepare for consumer offerings that go beyond enhanced broadband
  • Capitalize on the popularity of gaming, specifically eSports

 

The advent of 5G creates a pivotal opportunity for CSPs to create new revenue streams. But it also introduces new challenges for them, such as mobile networks becoming increasingly dynamic and many applications requiring fast decision-making. AI can be one way to address these challenges.

Start the journey to AI-enabled network operations 

Take AI to the network edge where needed

Obtain and maintain AI knowledge related to automating networks

 

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Disclaimer:
The views/opinions expressed in this blog by me as a MENTit user are my personal. MENTit or its promoters or other users may not share the same views or opinions as mine. If any copyright/trademark/patent/plagiarism/controversy issue emerges because of this article written by me, I, as an author, shall be the sole responsible for the consequences.

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