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How 5G will Change Business in 2021 and Beyond
The 5G revolution is here.
By now you’ve probably seen one of the many ads boasting its potential. It’s been the talk of the town for the past few years, and though its full implementation has been slower than expected, the time has finally come. 5G networks will not only upgrade our personal devices — they will have numerous benefits for business.
But first, what is 5G?
It seems like only yesterday that we were introduced to cutting edge 3G on our iPhone 4s. By now, we’ve all gotten used to 4G - a.k.a. “LTE”.
So what makes 5G different? As the 5th generation of mobile networking, 5G enables a new kind of networking, with the ability to connect virtually everyone and everything, from devices to machines. This powerful wireless technology is built to deliver more reliable high data speed, with larger network capacity, and a more uniform user experience. Most importantly for business, it has the potential to connect new industries in unprecedented ways.
How will 5G impact businesses?
The most obvious benefit will be faster data speed compared to that of 4G. 5G has the potential to reach a speed of 10GB per second — which is up to 100 times faster than 4G! Downloading something that used to require a few minutes will now be possible in just a few seconds. Likewise, uploads and transfers that once caused significant headaches will no longer be a problem. So, don’t worry about overloading your computer, because 5G can almost certainly handle it!
Imagine walking down a street with data towers installed in every lamp post, never having to worry about connectivity issues. With 5G, something like that will be a reality. The only question is, how soon? 5G towers are smaller than 4G ones and can be placed in more locations than imaginable in the past. The capacity for the simultaneous use of multiple devices will also increase tremendously. Since 5G deployments can support up to an estimated one million devices per square kilometer, enterprises can easily support a large number of devices in their offices.
More Efficient Remote Work
We’ve all experienced the network speed and connectivity frustrations that come with remote work. In order to maintain the same level of performance, it is necessary to establish stable connectivity and fast internet speed. 5G will play a key role in this, as many employees continue to work from home during the COVID-19 pandemic. Even without connecting to their business networks, employees will now be able to accomplish tasks faster than ever.
Increased Use of Internet of Things (IoT)
According to IoT Agenda “The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.”
IoT devices generate a large amount of data for businesses to analyze, and their use is expected to increase with the rise of 5G networks. With the introduction of 5G, IoT will maximize the efficiency and simultaneous use of devices, while lowering their vulnerability to cyberattacks. Delivery companies, for example, can combine IoT with 5G to alert customers about package locations in real time, while ensuring that only the most efficient routes are used. This means more valuable data for both customers and companies!
How 5G will Change Business in 2020 and Beyond
Whether your business is all geared up for 5G integration or it’s just beginning to consider its implications, the revolution is definitely on its way. With so many improvements, the sooner integration happens, the sooner businesses will reap benefits. Don’t worry if you’re not ready; there’s still a lot of time, money, and detailed network preparation necessary before everything takes full effect. Most companies will take anywhere from 1-5 years to take the plunge.
So start making plans now, to take full advantage of the technology when it gets here!
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