{"id":23601,"date":"2020-12-01T20:00:12","date_gmt":"2020-12-02T04:00:12","guid":{"rendered":"https:\/\/www.md7.com\/?post_type=perspectives&p=23601"},"modified":"2021-10-21T15:04:19","modified_gmt":"2021-10-21T22:04:19","slug":"the-business-guide-to-5g","status":"publish","type":"perspectives","link":"https:\/\/www.md7.com\/es\/perspectives\/the-business-guide-to-5g\/","title":{"rendered":"The Business Guide to 5G"},"content":{"rendered":"
Once 5G is fully deployed, the way we live and work will be radically transformed.\u00a0 Individuals accustomed to accessing the internet only through WiFi will be released from those shackles and businesses too will see massive benefits and new opportunities. This change will impact a host of services – both existing and yet-to-be-developed – in the commercial and business space. However, while we think about 5G and its impact on information, 5G will also benefit us materially.<\/span><\/p>\n The 5G economy is only starting to make an impact on the world. Right now, businesses are used to existing technologies and will continue working with that which is most familiar to them. 5G is set to turn all of this on its head.<\/span><\/p>\n 5G can be paired with the Internet of Things (IoT) to provide us an insight into the supply chain previously unavailable. This will let us track goods and services providing real-time information about their condition. This information can be critical for temperature-sensitive items as well as electronics. As operators continue to invest heavily in 5G infrastructure, the forthcoming faster download speeds and much lower latency will help keep devices synchronized. From an economic viewpoint, this information sharing will only better enable the transfer of goods from point A to B.\u00a0<\/span><\/p>\n However, 5G is not only instrumental in shipping and receiving. 5G helps enable automated fulfillment services where AI-enabled robots source, package, and ship items 24\/7\/365. This helps improve efficiencies and costs. Delivery speed can be further enhanced through the use of 5G enabled drones. Of course, drones are not the only benefactor of 5G. Autonomous vehicles are highly dependent on low-latency, real-time technology, and smart transportation is one pillar that will make up smart cities. 5G powered transportation can decrease traffic congestion and help improve road safety through vehicle-to-everything communication.<\/span><\/p>\n According to a recent article from CTIA<\/a>, <\/span>Smart traffic management systems have the potential to reduce congestion by 40% and save $100 million annually. <\/i><\/b><\/p><\/blockquote>\n In the US, broadband services are frequently provided through cable companies. However, new high-speed 5G networks will introduce different options for consumers. With operators signing multi-year deals to build out these 5G networks, they are counting on consumer usage growing. Right now, many countries tout the number of 5G subscribers as if it is a race. In reality, while those numbers are impressive, the accurate measure of 5G is the jobs it will create and the economic growth it will drive.<\/span><\/p>\n On the jobs front it is expected that by 2034, 5G will lead to the creation of 4.6 million jobs in the US<\/a>.<\/span> These jobs will be realized in both skilled and unskilled areas of the economy and run the gamut from construction to networking. The jobs themselves are expected to impact all sectors in contrast to previous waves of wireless-related jobs which were primarily focused in the digital space.\u00a0<\/span><\/p>\nThe 5G Economy<\/span><\/h2>\n
Business Rollout of 5G<\/span><\/h2>\n