With the annual Mobile World Congress (MWC) conference looming, it is an important time to see what trends are evolving across the digital landscape. The buzzword phrase this year is the “internet of things” (IoT). IoT is contributing to digital disruption globally and across industries, revolutionising the transportation industry.
5G networks are expected to be at least 100 times faster than current 4G networks and cut latency to less than one-thousandth of a second. The Consumer Technology Association notes that at this speed, you could download a two-hour movie in just 3.6 seconds, versus 6 minutes on 4G or 26 hours on 3G.
Throughout each of these lifecycle phases, digital transformation at the edge is leading to new opportunities for connected device makers and their partners to increase product and service innovation, streamline processes, and expand into new markets.
Cloud has gone mainstream. No longer a tactical solution in the experimentation phase, cloud is a core business enabler, providing improved agility and speed to market, faster innovation, scalability, enhanced productivity and cost optimization.
Cisco estimates that 5G connections will grow more than 1,000 percent, from 2.3 million in 2020 to over 25 million in 2021, mainly with edge devices, and is expected to drive very high traffic volumes — 4.7 times more than the average 4G connection by 2021.
And as business and technology leaders move closer to another year of high stakes digital transformations and the big IT decisions that power them, we’re taking a closer look at the technologies that will make the biggest digital business impact in 2019.
The fifth-generation of wireless broadband technology will bring an exponential increase in data speeds that will change how people interact with the internet. For example, download time for an HD movie could go from an hour to a few seconds. 5G can also power up remote surgery.
5G is the fifth-generation of wireless broadband technology and is poised to revolutionize the networking industry by providing an unimaginable level of innovation. The first commercial launches of 5G products and services are rolling out this year and the recent Ericsson Mobility Report estimates that by 2023 there will be 1 billion 5G subscriptions, accounting for approximately 20% of all mobile data traffic.
This year’s winter games in Pyeongchang, South Korea, featured the latest technology almost everywhere you looked – from sensor-filled speed-skating suits, to driverless buses, to digital payment gloves. Robots guided people through the airport. A 5G network debuted. When you combine the games with the ongoing Mobile World Congress, it’s like a three-week glimpse into the future.
What real case studies can I find where IoT and the cloud really improve age-old industries (keeping our feet on the ground, so to speak)? Because if IoT and the cloud could transform those businesses, it could transform any business.