Thanks to the rise of global high-speed wireless connectivity and supercharged mobile devices, market evolution now occurs at a pace that even high-tech pioneers could once scarcely have envisioned. But despite the multitude of disruptions – e.g. augmented reality, automation, machine learning, etc. – that technology has enabled in recent years, it bears noting. Such advancements are practically miniscule when compared to the sheer level of business innovation that 5G wireless networking technology promises to usher in.
Even more reliable than 4G LTE wireless networks, and up to 64X more responsive, this cutting-edge approach to data transmission (which leverages lightning-quick 1Gbps speeds to deliver near-instantaneous download times) won’t just define the next decade. Rather, within a handful of years years, 5G networking technology and the legion of always-on, artificially-intelligent apps it’ll soon power will also prompt tomorrow’s business leaders to fundamentally reimagine the very scale at which they function and operate.
In effect, not only will 5G networks enable fleets of mobile workers to seamlessly connect, manage multinational organizations, and disrupt entire industries from virtually anywhere they travel with a connected device. As the digital backbone behind tomorrow’s most advanced high-tech infrastructures, they’ll also power the next generation of smart cities, self-aware devices, and autonomous vehicles – just a few of many game-changing business applications.
According to leading analysts, over 21 billion vehices will be connected to the Internet of Things by the end of 2020, with 5.5 million new ones going online each day. In addition, it’s expected that nearly three-quarters of the workforce will be remote and mobile within the next three years alone. As a result, enterprises of all kinds won’t just potentially need to reconsider the very shape of products and services, as well as the high-tech backbones that they use to support day-to-day operations. They’ll also have to redesign these solutions for speed and flexibility as much as cost-savings and performance, and consistently rethink how they leverage the tools that 5G technology provides (e.g. faster speeds, deeper data insights, and greater virtualization) to create more effective frameworks for powering tomorrow’s most forward-thinking products and solutions.