NEW DELHI: Lower costs associated with fifth generation or 5G technology will lead to adoption in various industries such as ports, mining and media, according to top executives at GlobalLogic, a US-based digital transformation solutions provider. will accelerate.
“We believe 5G is a network better suited for outdoors than indoors. As deployment costs come down, we will see more and more B2B (business-to-business) and business-to-business use cases.” APAC , said in an interview with ETTelecom.
Monetizing 5G poses a challenge for carriers and their partners alike. Given the relatively high investment in spectrum, equipment, and information technology/operational technology (IT/OT) systems, the practical use of modern network technologies compared to existing wired and Wi-Fi networks in enterprise environments The benefits remain difficult to demonstrate. Run 5G.
“Enterprises are looking at cheaper, better connectivity. The real question is whether 5G can deliver that to them. 5G will interoperate with current wireless networks to be cost-effective and Can we provide a better solution that is ubiquitous? They care about the quality of service and the cost they have to incur for a solution,” Puranik said.
At the recently concluded ETTelecom 5G|6G Congress 2024, industry executives said the manufacturing, healthcare, and education sectors will be among the top industries to deploy 5G at scale.
However, in the consumer segment, 5G fixed wireless access (FWA) has emerged as a significant revenue opportunity for telcos, especially in regions where fiber-based connectivity is low. 5G Reduced Capacity (RedCap) for low-power Internet of Things (IoT) and wearable devices is also touted as a key application.
“The key is how do we add value to consumers in the B2C (business-to-consumer) segment who want a high level of connectivity, etc. But there is a big open space in terms of business-to-business. To do.”
To solve monetization issues, Hitachi Group companies are building a generative artificial intelligence (GenAI) studio to develop various telecom use cases, and are using homegrown radio access network (RAN) components and We are building a 5G testbed lab with open source. We are leveraging the 5G core to enable validation of various software components and co-innovate 5th generation use cases with startups.
“If you are a startup looking to build new use cases in 5G, come to us. We have the infrastructure to host their solutions,” Puranik said. GlobalLogic aims to host a showcase where startups can showcase their 5G use cases, and the company will help startups advance to the prototyping stage.
Swedish telecom equipment maker Ericsson predicts that the number of 5G subscribers in India will grow from 130 million at the end of 2023 to 860 million by 2029. The company predicts that 5G will account for 57% of the country’s mobile phone subscribers by the end of 2028. .
In 2021, Japanese industrial and electronics conglomerate Hitachi Group acquired GlobalLogic for $9.6 billion to strengthen its digital portfolio across IT, mobility and energy sectors around the world.
“Hitachi is a customer of ours and will serve as a playground for us to offer our mature platform to other parts of the world and to future customers,” the executive said.
