Internet of Things Time to get acquainted with one of the hottest and buzzing technology trend. Yes, I am talking about the Fifth Generation (5G) wireless network technology unfolding many fonts across a variety of industrial verticals.
5G: Introduction and Benefits
Achieving significant milestones in business start with a gut feeling, as one strongly believes in his idea, innovation happens. And in this fast-paced world, innovations or inventions come and go in the blink of the eye. Something that looked cool and new yesterday can become stale and outdated today. From 2G to 3G to 4G which you are most probably using right now, the transformation seems to be taking place at a breathtaking speed. It’s time we welcome the new era of 5G, which is supposed to be fast, responsive, and power-efficient. If you think 5G is all about fast speed downloads, then you are mistaken. It is a unique combination of low latency and ubiquitous coverage, along with many other things.
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Introducing the Internet of Things
Connecting these devices with automated systems, it is possible to gather data. This data helps create actions that help in doing a particular task. There are several other advantages such as-
- Creating new business models and sources of revenue now becomes effortless. With plenty of devices available around, from individuals too numerous companies, every creative mind can benefit from this.
- Achieving operational efficiency as the company now becomes effortless. In addition to this, you can automate their business and manufacturing process. In case if we apply this concept to industrial sectors, it could save significant energy and resources. The efficiency could be enhanced at the same time it cuts down the waste generated.
- The Internet of Things highly focuses on providing customer-centric services due to which the customer service quality can be enhanced to a great extent. For example, if the data and pattern are in the context of the customer’s product usage, then the products can be designed, keeping in mind the individual’s requirements. As a result, it would lead to higher customer satisfaction.
- There are several areas where IoT could bring drastic changes. As already mentioned in the previous point, the manufacturing industry could utilize IoT to prevent equipment failure, improving worker safety, among others. At the same time, the transportation industry, where people and cargo are moved from one place to another, could also be made better. Furthermore, the automotive industry can utilize IoT to avoid accidents, find parking spots, and for bringing self-driven cars in the market.
Combining 5G and Internet of Things (IoT)
One of the areas 5G technology has the potential to affect in a big way is the Internet of Things (IoT). Although, many debates are going on stating will 5G be a revolutionary technology for IoT projects or not. Keeping the present scenario in mind, most of the IoT applications such as asset tracking and remote monitoring data do not require lightning-fast, ten gigabit-per-second download speeds or 1-ms latency levels but at the same time, Gartner predicts two-thirds of enterprises plan to deploy 5G by 2020. This surely means that 5G could ultimately be a pivotal technology in driving that shift.
The following post sums up in what ways the tech can help unlock the enormous potential of IoT for businesses as well as end consumers. But before that, let us take a small walk through how changes that will help 5G in becoming the catalyst for next-generation IoT services.
- Advanced modulation schemes for wireless access
- Network slicing capabilities
- Automated network application lifecycle management
- Software-defined networking and network function virtualization
- Support for cloud-optimized distributed network applications
Down below, I would like to mention certain key pointers or ways in which 5G has played a crucial role in supporting next-generation IoT services across various industry verticals.
One of the primary use cases of 5G is the concept of connected cars, coupled with augmented reality (AR) and virtual reality (VR). Enhanced vehicular communications services which include both direct communication (between vehicles, vehicle to pedestrian, and vehicle to infrastructure) and network-facilitated communication for autonomous driving. In addition to this, use cases supported will focus on vehicle convenience and safety, including intent sharing, path planning, coordinated driving, and real-time local updates.
5G will not only offer a more reliable network but would also deliver an extremely secure network for industrial IoT by integrating security into the core network architecture. Industrial facilities will be among the major users of private 5G networks.
The requirement for real-time networks will be achieved using 5G, which will significantly transform the healthcare industry. Use cases include live transmission of high-definition surgery videos that can be remotely monitored.
Communication service providers will look further to replace their fiber network using wireless broadband. This will significantly drop the costs incurred in laying fiber optic cables for home broadband usage. AR and VR will be seen revolutionizing customer experience in gaming, retail shopping, and other customer-centric applications. Consumer experience will be enhanced as high data rates, and extremely low latency is achieved.
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A growth-oriented regulatory environment
The Trump administration’s decision to block Broadcom’s $117 billion bid for Qualcomm, citing national security risks, illustrated that the U.S. government realizes the importance of establishing and maintaining 5G leadership. The risk of weakening QUALCOMM’s technological leadership in 5G standards development and standardization seems to be one factor, and the possibility of disrupting the trusted supply relationship between the U.S. Government and Qualcomm was another factor. It showed that “America first” definitely applies to 5G.
As a result, a severe reduction is seen in regulatory barriers to deployments of new facilities for wireless broadband. For example, the evaluation of the impact of proposed deployments on the environment and historic properties has been streamlined for small cell deployments.
Potential 5G challenges include
- Operating across multiple spectrum bands
- Preparing the network core
- A Gradual up-gradation from 4G to 5G
- Ensuring data interoperability
- Establishing 5G business models