5G broadband networks are seen by many as a business-first digital innovation and enterprise revolution.
That’s because, from a consumer perspective, 5G networks aren’t just around the corner from widespread adoption. around the corner Towards 2024.
That’s because 5G broadband networks significantly increase data transfer speeds and enable highly integrated digital connectivity. Rapid proliferation of digital connectivity Over the past decade, enterprise and industrial operations have fundamentally changed while the importance of real-time data and operational connectivity has accelerated.
Carriers like Verizon, AT&T, and T-Mobile are gearing up for the new year with major 5G technology and performance upgrades, as well as dedicated devices.
Wednesday (Dec. 6), Verizon and Zebra Technologies announced Launch of purpose-built mobile devices and software solutions designed to help verizon private 5g Customers simplify processes for frontline workers in transportation, logistics, retail, manufacturing, and other industries.
Verizon Private 5G, as the name suggests, is a private 5G network for businesses that can be customized to fit your needs.
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“Private 5G represents a significant inflection point in wireless connectivity, delivering key technology and performance upgrades that will drive improved visibility and operational benefits for enterprise customers.” Said Julie Johnson, senior vice president and general manager of enterprise mobile computing at Zebra Technologies.
Also on Wednesday, T-Mobile announced that in partnership with Ericsson and Qualcomm, it was able to test 5G standalone mmWave on its production network, achieving speeds exceeding 4.3Gbps, a first for the network.
AT&T rounds out the drumbeat of its 5G push on Monday (December 4) in collaboration with Ericsson. announced The company plans to spend approximately $14 billion over the next five years on infrastructure essential to commercially expand open radio access networks (open RAN) across the United States.
The importance of 5G
In today’s changing economic climate, providing industry with reliable, high-speed communications and complex process management has never been more important.
Because as 2024 approaches, agility, automation, and artificial intelligence (AI) are becoming critical for businesses looking to compete and win. 5G networks offer the best way to power the connectivity needed for these innovations.
“The Industrial 4.0 revolution is digitalizationAnd it’s starting to mature now. ” Pratik KasparPresident and CEO of Symphony AI Industrialhe told PYMNTS in an interview published on December 1st.
Depending on the sector in which they operate, businesses want and expect 5G to improve visibility for inventory ordering, predictive and analytics, preventive maintenance, real-time asset management, and more.
“Companies are starting to realize that there are issues like: Some of the legacy stuff costs money. They do that and think it can get in the way of business efficiency. ” robin gregCEO load sinkhe told PYMNTS. “I think companies are understanding that no matter how traditional they are and how they have operated, now is the time to update the way they work.”
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connective tissue
Expectations in the logistics and transportation sector, and the broader B2B environment, are becoming increasingly consumerized as companies recognize granular, real-time insights as a key value-add and competitive differentiator.
5G will enable greater insights, increased productivity, accelerated use of automation, improved application performance, ultra-fast transactional payments and other digital payment advances, removing friction while supporting growth. can positively impact business outcomes.
“There are a huge number of APIs [application programming interfaces] Created by the carrier for evaluation, reservation, shipping, tracking, and proof of delivery, all of which are electronically generated. ” Will Hansmanformer Chief Technology Officer of a logistics technology company project 44told PYMNTS. Increasingly digitalizationConnected and efficient. ”
An interconnected ecosystem powered by 5G will enable more sophisticated and efficient monitoring and control of devices, leading to increased automation, predictive maintenance, and overall operational optimization.
As 5G continues to be rolled out globally, businesses are at the forefront of the digital transformation revolution. 5G offers ultra-high speeds, low latency, and enhanced connectivity that is reshaping the way businesses operate, collaborate, and engage with customers. Adopting this technology is not just an option. It’s a strategic imperative.
