I had the opportunity to speak at the CommsDay Summit in Sydney recently, an industry leading forum in Australia and my message was simple – 5G is approaching fast and as an industry, we need to continue to invest in R&D so products and services are ready once 5G becomes widely available.
There is no doubt about the potential of 5G, from the reinvention of experience at live events, to ushering in the fourth industrial revolution, the opportunities for 5G are unprecedented. At Mobile World Congress in Barcelona, Nokia President and CEO, Rajeev Suri outlined what is needed for 5G to reach its true potential – investments will need to be made to existing networks to ensure they meet three key success factors – 5G networks must be hyperlocal, hypermobile and hyperscale.
This means that networks will need to:
- Support extreme demands within a small geographical area (hyperlocal);
- Remain stable at ultra-low latency anywhere in the world (hypermobile);
- Be able to support billions of connections at any instance (hyperscale).
Hyperlocal – We need only to take a look at the recent global sporting event in Korea to see what mega events with huge crowds in the digital future will be like. Nokia partnered with a major local telco player and other industry players to provide 5G wireless broadband connectivity of up to 1.2 Gbps, allowing attendees to enjoy an immersive live streaming experience with features such as time slice, sync view and omni-view. With 5G, we transform experiences, so people get closer to the action.
Hypermobile – There has been much talk about the fourth industrial revolution happening in the age of Internet of Things (IoT). However, this is not possible if networks are not hypermobile. Wireless connections must offer the same level of reliability and speed as wired connections. This is why 5G will become indispensable in the near future as its ultra-low latency feature replicates reality across time and locations at scale, supporting industrial applications anytime and anywhere in the world. An example of uses cases that enable the factory of the future can be found in our recent white paper.
Hyperscale – Networks of the future must be able to provide extreme connectivity to support the billions of devices and sensors that will create incredible outcomes for individuals and industries. This is especially true for the progress of Smart Cities. According to IDC, investments in technologies that enable Smart Cities initiatives are expected to reach US$28.3 billion in 2018 in the Asia Pacific region. IDC also singled out intelligent transportation, data-driven public safety, along with resilient energy and infrastructure as key investments for Smart Cities in the region. 5G will play a pivotal role here, by supporting the thousands of applications, services and sensors that form the technological backbone of these industries.
Beyond connectivity and broadband, 5G is also a problem-solver. With 5G, we are able to build customised solutions for enterprises and verticals to reinvent their business models. By deploying highly intelligent and adaptable software, Nokia is able to augment legacy Business and Operations Support Systems (BSS and OSS) with new charging mechanisms that will help our customers better monetise their services in the age of 5G.
As rapid urbanisation and demographic changes start straining existing infrastructure in Asia, 5G will become the cornerstone of future connectivity, changing and transforming businesses and lives. Its near-zero latency will be a key enabler for governments in the region, allowing time-critical applications such as driverless cars, remote surgery, remote automated manufacturing, smart banking and other emerging applications.
There is a limitless nature to the growth opportunities of 5G, whether it is for industries looking to adopt fourth industrial revolution capabilities or service providers aiming to deliver an immersive experience to thousands of spectators in a stadium. The age of 5G is upon us, and we must prepare ourselves for a new era of connectivity. At Nokia, we look forward to helping service providers embark on this exciting journey with us.
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