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